Michigan Business Development Program Projects
See the listing of Michigan Business Development Program projects approved by the Michigan Strategic Fund to date.Business Development Programs Report
The Report was last updated on Jun 29, 2024.
Mara Technologies USA - Performance Based Grant
| Approval Date: | Oct 27, 2022 |
|---|---|
| Location: | Grand Blanc Township |
| Project Investment: | Up to $20.75 million |
| Projected Jobs: | 298 |
| Projected Award Amount: | Up to $1.00 million |
Magna Powertrain Sterling Heights - Performance Based Grant
| Approval Date: | Oct 25, 2022 |
|---|---|
| Location: | Shelby Township |
| Project Investment: | Up to $96.18 million |
| Projected Jobs: | 159 |
| Projected Award Amount: | Up to $1.30 million |
Magna Seating of America Inc. - Performance Based Grant
| Approval Date: | Oct 25, 2022 |
|---|---|
| Location: | Highland Park |
| Project Investment: | Up to $3.77 million |
| Projected Jobs: | 490 |
| Projected Award Amount: | Up to $2.90 million |
Traverse City Whiskey Co. - Performance Based Grant
| Approval Date: | Sep 23, 2022 |
|---|---|
| Location: | Traverse City |
| Project Investment: | Up to $21.80 million |
| Projected Jobs: | 91 |
| Projected Award Amount: | Up to $750,000 |
Midwest Acoust-A-Fiber, Inc. - Performance Based Grant
| Approval Date: | Sep 16, 2022 |
|---|---|
| Location: | Shelby Township |
| Project Investment: | Up to $12.15 million |
| Projected Jobs: | 75 |
| Projected Award Amount: | Up to $375,000 |
Tecnoform S.p.A. - Performance Based Grant
| Approval Date: | Sep 13, 2022 |
|---|---|
| Location: | GRAND RAPIDS |
| Project Investment: | Up to $7.32 million |
| Projected Jobs: | 130 |
| Projected Award Amount: | Up to $750,000 |
SnackCraft - Performance Based Grant
| Approval Date: | Aug 29, 2022 |
|---|---|
| Location: | Kentwood |
| Project Investment: | Up to $41.75 million |
| Projected Jobs: | 185 |
| Projected Award Amount: | Up to $1.00 million |
Dana Thermal Products, LLC - Performance Based Grant
| Approval Date: | Aug 23, 2022 |
|---|---|
| Location: | Auburn Hills |
| Project Investment: | Up to $54.20 million |
| Projected Jobs: | 200 |
| Projected Award Amount: | Up to $2.50 million |
Louisiana-Pacific Corporation Sagola - Performance Based Grant
| Approval Date: | Aug 5, 2022 |
|---|---|
| Location: | Sagola |
| Project Investment: | Up to $194.00 million |
| Projected Jobs: | 50 |
| Projected Award Amount: | Up to $325,000 |
American Rheinmetall - Performance Based Grant
| Approval Date: | Jul 26, 2022 |
|---|---|
| Location: | Sterling Heights |
| Project Investment: | Up to $3.04 million |
| Projected Jobs: | 150 |
| Projected Award Amount: | Up to $1.50 million |
Niagara Bottling - Performance Based Grant
| Approval Date: | Jul 21, 2022 |
|---|---|
| Location: | Shelby Township |
| Project Investment: | Up to $103.60 million |
| Projected Jobs: | 50 |
| Projected Award Amount: | Up to $350,000 |
HOLO Footwear - Performance Based Grant
| Approval Date: | Jun 22, 2022 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | Up to $1.50 million |
| Projected Jobs: | 61 |
| Projected Award Amount: | Up to $250,000 |
Flo Services USA Inc. - Performance Based Grant
| Approval Date: | Jun 6, 2022 |
|---|---|
| Location: | Auburn Hills |
| Project Investment: | Up to $3.06 million |
| Projected Jobs: | 110 |
| Projected Award Amount: | Up to $800,000 |
JR Automation Technologies, LLC - Performance Based Grant
| Approval Date: | May 24, 2022 |
|---|---|
| Location: | Holland |
| Project Investment: | Up to $9.90 million |
| Projected Jobs: | 140 |
| Projected Award Amount: | Up to $2.25 million |
Axiom Group Inc - Performance Based Grant
| Approval Date: | May 24, 2022 |
|---|---|
| Location: | Village of Capac |
| Project Investment: | Up to $13.29 million |
| Projected Jobs: | 200 |
| Projected Award Amount: | Up to $1.24 million |
Coastal Container Corporation - Performance Based Grant
| Approval Date: | May 24, 2022 |
|---|---|
| Location: | Holland |
| Project Investment: | Up to $22.00 million |
| Projected Jobs: | 62 |
| Projected Award Amount: | Up to $264,000 |
Hudsonville Creamery & Ice Cream Company, LLC - Performance Based Grant
| Approval Date: | May 17, 2022 |
|---|---|
| Location: | Holland |
| Project Investment: | Up to $65.70 million |
| Projected Jobs: | 76 |
| Projected Award Amount: | Up to $1.00 million |
ACI Plastics - Performance Based Grant
| Approval Date: | Apr 29, 2022 |
|---|---|
| Location: | Flint |
| Project Investment: | Up to $8.00 million |
| Projected Jobs: | 24 |
| Projected Award Amount: | Up to $150,000 |
ATESTEO GmbH & Co. KG - Performance Based Grant
| Approval Date: | Apr 18, 2022 |
|---|---|
| Location: | East Lansing |
| Project Investment: | Up to $27.81 million |
| Projected Jobs: | 46 |
| Projected Award Amount: | Up to $400,000 |
Daejin Advanced Materials - Performance Based Grant
| Approval Date: | Mar 31, 2022 |
|---|---|
| Location: | Adrian |
| Project Investment: | Up to $12.36 million |
| Projected Jobs: | 111 |
| Projected Award Amount: | Up to $500,000 |
The following documents provide more information:
- Michigan Business Development Program Fact Sheet
- Michigan Business Development Program Process Documentation
- Michigan Business Development Program Guidelines Document
- Michigan Business Development Program Application Document
- Michigan Business Development Program Expansion of Program Guidelines for Strategic Business Growth Projects