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Companies investing
$468.3 million to grow in Michigan, expecting to create and retain
more than 9,000 Jobs
This
week, I had the pleasure of announcing nearly a half a billion dollars
in investments around Michigan, including one of the largest life
sciences investments in Michigan’s history. MPI Research
Inc., a leading provider of comprehensive preclinical research and
development services, will invest in Mattawan and Kalamazoo.
Other projects include BAE Systems in Sterling Heights, Von Weise
Inc. in Eaton Rapids, and two brownfield redevelopment projects
in Grand Rapids and Huron Township. Combined, the projects are expected
to create and retain a total of 9,013 jobs and involve approximately
$468.3 million in new capital investment in the state.
We worked hard to win these investments for Michigan, and we will
continue to go anywhere and do anything to bring new jobs to our
state. These companies are growing jobs here because our state
has an outstanding workforce, a competitive business climate, and
is a great place to do business.
The five projects are:
• MPI Research Inc.: The provider of comprehensive
preclinical research and development services is planning a $330
million expansion in Mattawan and Kalamazoo. The project is
expected to create 3,300 new jobs at the company and an additional
3,300 spin-off jobs. MPI will invest approximately $300 million
to expand its facility in Mattawan and $30 million to launch new
operations in Kalamazoo at two buildings donated by Pfizer on E.
Lovell and Portage streets.
•
BAE Systems: The global defense and aerospace company
is launching a $58.4 million expansion project for its Land &
Armaments operating group in Sterling Heights. The project
is expected to create 460 new engineering and high-tech jobs at
the company and an additional 559 spin-off jobs. BAE Systems
plans to convert an existing large industrial property in the city
into a state-of-the-art prototyping and test facility.
• Von Weise Inc.: The global manufacturer of
gear motors, linear actuators, blowers, starters and other industrial
applications plans to relocate its Indiana and Missouri operations
to its facility in Eaton Rapids. The company will transfer
approximately $4 million worth of equipment to Eaton Rapids and
will invest $3.3 million in new equipment over the next five years.
The expansion will create 364 new Michigan jobs, including 159 directly
by the company.
• Wayne County Brownfield Redevelopment Authority:
State and local tax capture will be used by Wayne County Brownfield
Redevelopment Authority to support the development of the $72 million
Pinnacle Race Course on 240 acres at Interstate 275 near Sibley
Road in Huron Township. Ground was broken April 4 for Phase
1 of what will be Michigan’s only thoroughbred racetrack when
it begins racing July 18. When completed, Pinnacle will feature
two tracks, grandstands, picnic area, clubhouse, horse barns and
grooms’ quarters. Total capacity is estimated at 8,000,
with 1,200 horse stalls located on site. Future growth on
the remaining 80 acres of the site will consist of retail and/or
commercial development. The project is expected to create
over 1,000 jobs.
• City of Grand Rapids: State and local tax capture
valued at $207,277 will assist Third Coast Development Partners
LLC in the construction of a single-story, 22,000-square-foot structure
at the former Bishop’s Furniture site at 1697 Michigan Street
in Grand Rapids. It will be leased to Spectrum Health for
a child care and development center, allowing the hospital to merge
current child development activities from two separate locations
in the metro area. The new center is expected to generate
$4.6 million private investment and retain 30 jobs.
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