TheReview_Nov_Dec_2021_FlipBook

9/13/21, 10:35 AM

Governor Whitmer Announces 350 New Manufacturing and Logistics Jobs, Transformational Placemaking Projects in Benton Harbor, Houghton | Michigan Business

PRESS RELEASES / 2021 / 06 / Governor Whitmer Announces 350 New Manufacturing and Logistics Jobs , Transformational Placemaking Projects in Benton Harbor , Houghton

Kathleen Achtenberg

Tuesday, June 22, 2021 • American Axle and Manufacturing creating 100 jobs, investing $40.6 million in Three Rivers • Hollingsworth Logistics Group creating 250 jobs in Brownstown Charter Township • Innovative Whirlpool development in Benton Harbor and St. Joseph to result in new Technical Center, housing opportunities for critical talent retention and attraction e � orts • Houghton Pier Placemaking project to provide critical infrastructure improvements; create additional public space and amenities for residents and visitors • MSF approves support for award-winning entrepreneurial programs LANSING, Mich. – Governor Gretchen Whitmer joined the Michigan Economic Development Corporation (MEDC) to announce economic assistance for projects approved by the Michigan Strategic Fund Board today that will create 350 new jobs in Michigan and retain 400 high-wage positions, support the state’s entrepreneurial ecosystem and facilitate transformational development projects in Southwest Michigan and the Upper Peninsula. “Today’s projects help us continue to jumpstart Michigan’s economy by creating hundreds of good- paying jobs, reinvigorating our hospitality industry, and supporting vibrant communities across Michigan,” said Governor Whitmer. “Through today’s signi � cant investments and initiatives, we are reminding the world that the ingenuity and innovation of Michigan’s people and businesses remains unmatched.” Business expansions creating 350 new jobs, securing Michigan’s leadership in automotive manufacturing, logistics American Axle & Manufacturing Inc. (AAM), founded in 1994 and headquartered in Detroit, is a global Tier 1 supplier that designs, engineers, manufactures driveline and metal forming technologies that are making the next generation of vehicles smarter, lighter, safer and more e � cient for the auto industry. The company has 16 facilities in Michigan with more than 3,200 associates.

https://www.michiganbusiness.org/press-releases/2021/06/governor-whitmer-announces-350-new-manufacturing-and-logistics-jobs-transformational-placemaking-projects-in-benton-harbor-houghton/ In addition, the city of Three Rivers was awarded $2 million in Community Development Block Grant funds to assist with adding necessary machinery and equipment at the project. At least 51% of the The company plans to invest at its facility in Three Rivers , a project that includes total private investment of $38.6 million and the creation of 100 new jobs. The Michigan Strategic Fund today approved a � ve-year SESA Exemption valued at up to $468,888 for the company’s $40,608,000 Eligible Investment in Eligible Personal Property in support of the project.

1/5

Houghton City Manager Eric Waara updates Governor Whitmer on the Pier Placemaking Project using a billboard sign at the project site.

NOVEMBER / DECEMBER 2021

39

THE REVIEW