State transportation economic development grant will support 33 new jobs in GreenvilleContact: Michael Leon, TEDF Program Manager, MDOT Office of Economic Development, 517-241-2568 Agency: Transportation
May 16, 2018 -- The Michigan Department of Transportation (MDOT) has awarded a state transportation economic development fund grant that will support 33 new jobs in Greenville, Montcalm County. The Transportation Economic Development Fund (TEDF) Category A grant totaling $400,000 will leverage more than $50,000,000 in private investment, at a private/public investment ratio of 125-to-1.
Foremost Farms USA is an international cheese and dairy product supplier expanding its dairy cooperative into Michigan. After detailed evaluations, the city of Greenville was selected as the location for its new processing plant over 20 other sites throughout Michigan and Indiana because of its existing industrial park and proximity to M-91 and M-57. Direct access to and from major highways are essential for the movement of raw milk and finished milk products.
The Foremost Farms USA processing plant will have a significant impact on Fitzner Road, a gravel road that is not currently able to handle the projected 200 truck trips per day transporting an estimated 4 million to 6 million pounds of milk. To address this, the City of Greenville will upgrade Fitzner Road to an all-season, concrete road (with curb and gutter) from Diecastal Drive to Van Deinse Street. Also, upgrades will be made at the Van Deinse Street intersections with Fitzner Road and Industrial Park Drive to provide more room for trucks to turn.
The grant and support from state and local agencies gave Foremost Farms USA the confidence to invest $50,000,000 in the Greenville processing facility, creating 33 new jobs in Michigan and securing a section of the market for Michigan dairy farmers.
"Foremost Farms USA values our partnership with the state and local governments and agencies that have been instrumental in our ability to move forward with construction of the Greenville dairy campus," said Michael Doyle, president and CEO of Foremost Farms USA. "We are appreciative of the support from MDOT and the Transportation Economic Development Fund as we addressed logistics in the local roads for the facility to safely and efficiently receive milk and ship outbound loads. Greenville is our first greenfield site and we are excited about the opportunity to bring good jobs to the area."
The total cost of the project is $681,616, including $400,000 in TEDF Category A funding and $281,616 from the City of Greenville.
Enacted in 1987 and reauthorized in 1993, the TEDF helps finance highway, road and street projects that are critical to the movement of people and products, and getting workers to their jobs, materials to growers and manufacturers, and finished goods to consumers.
TEDF "Category A" or "Targeted Industries Program" grants provide state funding for public roadway improvements that allow road agencies to respond quickly to the transportation needs of expanding companies and eliminate inadequate roadways as an obstacle to private investment and job creation. Eligible road agencies include MDOT, county road commissions, cities and villages. More information about the program is available online at www.michigan.gov/tedf.