Tag: Michigan Strategic Fund

With its rich automotive heritage, Michigan’s SOAR Fund is helping to attract electric vehicle makers and more.

Ford will build an LFP battery plant in Marshall, MI, part of the company’s more than $50 billion investment in EV production. The plant will employ 2,500 workers when production begins in 2026.

Michigan Strategic Fund will help growing companies build batteries and bring supply chain to the U.S. Infrastructure project will boost the state's agriculture industry.

The Thomas Township infrastructure project will enable Hemlock Semiconductor Operations (HSC) to invest up to $375 million and create 170 jobs.  

The Michigan Strategic Fund (MSF) recently approved projects including business expansions in Zeeland, Detroit, and Sterling Heights; community revitalization projects in Lansing.

In support of electric vehicle growth, the semiconductor wafer manufacturing and R&D facility will bring 150 jobs to Monitor Township, MI.

Die casting manufacturer Pace Industries will invest nearly $2 million to move its headquarters from Arkansas to Novi, MI, creating more than 60 high-wage jobs.

With their expansions in Ann Arbor, MI, healthcare tech company Workit Health will create at least 179 jobs and software provider Nexient will add 100 jobs.

Business expansions, community revitalization projects will spur economic growth and extend Michigan’s leadership in automotive manufacturing and future mobility solutions.

The global insurance broker will create 400 new, high-paying jobs in downtown Grand Rapids, is area's first to win Good Jobs for Michigan support.

Fiat Chrysler Automobiles' historic project will generate $4.5 billion in investment as it builds a new state-of-the-art assembly plant in Detroit and expands production at five existing Michigan facilities.

Business expansions, community revitalization projects, and more will generate nearly $450 million in investment throughout the state.

Stikwood plans to create 73 new jobs and invest nearly $4.2 million to expand the company’s operations to the City of Kentwood, MI.

The Michigan Strategic Fund has approved a $3.5 million performance-based grant to help automotive supplier Flex-N-Gate open a $95 million plant in Detroit’s eastside I-94 Industrial Park.

Duo Security will invest nearly $2.5 million to expand its existing operations and create up to 300 jobs in Ann Arbor, MI.

The Right Place, Inc., along with local and state partners in the City of Grand Rapids, approved a Michigan Strategic Fund (MSF) incentive for the Knight Transportation project.

Michigan’s gateway port to Lake Erie and St. Lawrence Seaway will undergo a broad range of major improvements and alterations expected to transform the city of Monroe’s harbor into a leading cargo transportation center on the Great Lakes.