Two business expansions that will generate $14 million in total investment and create 60 jobs in Michigan have received Michigan Strategic Fund approval for support, the Michigan Economic Development Corporation announced today.
“The successful expansion of these two companies in West Michigan and the Upper Peninsula reflects Michigan’s growing economy and expanding job opportunities for our state’s talented and abundant workforce,” said Jeff Mason, CEO of the MEDC, the state’s chief marketing and business attraction arm that administers programs and performs due diligence on behalf of the MSF.
Superior Extrusion, Inc., founded in 1996, produces high quality aluminum extrusions for a variety of industries. The company is at capacity at its facility in Forsyth Township (Marquette County) and needs to expand to accommodate future growth opportunities. The company plans to increase production with additional building space, machinery and equipment by redeveloping the former K.I. Sawyer Air Force Base property in Forsyth Township.
The project is expected to generate a total capital investment of $10.5 million and create 30 jobs, resulting in a $150,000 Michigan Business Development Program performance-based grant. Michigan was chosen over a competing site in Iowa. Forsyth Township has offered support to the project in the form of property tax abatement. Individuals interested in careers with Superior Extrusion should visit www.superiorextrusion.com.
“Superior Extrusion, Inc. has grown tremendously over the past 20 years and expects continued growth in the future due to growing demands of current customers and the addition of new customers,” said SEI Chairman of the Board George LaBlonde, III. “We sincerely appreciate our partnership with Marquette County Board of Commissioners, Forsyth Township Board, Michigan Economic Development Corporation and Michigan Department of Transportation for their past and continued support that has resulted in the creation of the current 130 full time jobs and the future creation of a minimum of 30 additional jobs by the end of 2020. Without this support, SEI could not have achieved this outstanding success.”
Holland Charter Township was awarded $430,000 in Community Development Block Grant funds for the GNS America Co.expansion project in Holland.
The company, which specializes in metal stamping, hot stamping, welding, and assembly for the auto industry, plans a 40,000-square-foot addition to its existing facility to house new machinery and equipment. The project is expected to generate a total capital investment of $3.5 million and create 30 jobs. Michigan was chosen over a competing site in Nevada. Holland Charter Township will use the CDBG funds to improve drainage and accessibility at the site, enabling the expansion to take place.
“GNS is committed to providing the best manufacturing employment opportunity for people in West Michigan. We would not be this successful without the dedication and commitment of our employees and we are excited to add additional opportunity for others to join our GNS America team as we grow,” said Todd Deal, chief operating officer at GNS America.
For information on careers with GNS America, visit http://gnsauto.com/careers/.