A tool and die company is planning to create 35 jobs in the area with the help of $6.3 million in private activity bond financing approved by the state.
Middleville Tool & Die Co. and its real estate and building holding company, Middleton Enterprises, LLC, received Michigan Strategic Fund approval of a Bond Authorizing Resolution for the bond financing, the Michigan Economic Development Corp. said Tuesday.
Holland-based Macatawa Bank will privately purchase the bonds.
The company plans to invest in new equipment and office furnishings, as well as expand its manufacturing facility in Yankee Springs Township.
Middleville Tool & Die is a family owned business founded in 1966.