A Chinese manufacturer of electromechanical actuators is planning to establish its first American manufacturing facility in West Michigan and create 95 jobs.
Changzhou Kaidi Electrical Company plans to invest $2 million over three years to lease space and purchase new machinery and equipment for a new design and manufacturing space, according to Lakeshore Advantage yesterday.
The leased space is located in Holland, at 342 E. 40th St., according to documents from the Michigan Economic Development Corporation, or MEDC.
The facility will be part of its U.S. subsidiary, Kaidi, LLC, which distributes Changzhou Kaidi products from its warehouse in Baldwyn, Mississippi.
MEDC approved a $450,000 Michigan Business Development Program performance-based grant for the project.
Lakeshore Advantage said it has helped find a site location and establish local commitment for the project, including a complimentary annual membership with the West Coast Chamber of Commerce.
The company’s alternate location for expansion was near its warehouse in Mississippi.
Changzhou Kaidi Electrical Company makes electromechanical actuators used in the medical, cinema seating, home, office and automotive industries.
It has more than 2,000 employees globally and $45 million in annual revenue.