Another Michigan Economic Development Corp. deal is bringing into West Michigan two companies that plan to invest $12.2 million in the region and create 199 jobs.
MEDC announced Friday the Michigan Strategic Fund’s approval of offering Michigan Business Development Program incentives to four companies, two of which are planning on West Michigan expansion.
“These projects are the result of outstanding teamwork between the MEDC and our local economic development partners in these communities to secure these projects against some very stiff competition,” said Michael A. Finney, MEDC president and CEO.
One of the companies coming to West Michigan is Merhow Industries, an Indiana-based manufacturing company that makes luxury horse trailers with living quarters. Merhow’s growth led it to choose moving into a vacant factory in White Pigeon, near the Michigan/Indiana border, over a competing location in Indiana. White Pigeon is offering support in the form of a 12-year property tax abatement worth $42,000. Merhow plans to invest about $1.1 million, creating 46 jobs and resulting in a $200,000 performance-based grant from the Michigan Development Program.
The other company looking to expand in West Michigan is TRMI Inc., a subsidiary of TRAM, a Japanese-owned manufacturer of automotive parts. TRMI has plans for a new manufacturing process at its Battle Creek facility. The city is offering support in the form of 12-year property tax abatement worth $712,000. TRMI plans to invest $11.1 million, creating 153 jobs and resulting in a $700,000 performance-based grant from the Michigan Business Development Program.
The two remaining companies planning Michigan expansions are Senderra RX Partners, a Texas-based specialty pharmacy that will be establishing an office in Flint, and Blissfield Manufacturing Co., which specializes in automotive heat transfer technology and will be establishing a new manufacturing line in Blissfield.
Gov. Rick Snyder said the expansions validate Michigan’s business culture.
“Michigan’s comeback story is being documented almost daily with news of companies choosing to invest and grow here,” Snyder said. “These four projects are proof positive that our reinvention strategy is working and that the business-friendly reforms we have put in place are fostering new economic growth and more and better jobs for our citizens.”