As of April 30, 2012, the following projects have been approved by the Michigan Strategic Fund.
PANASONIC AUTOMOTIVE SYSTEMS COMPANY OF AMERICA – Grant for Job Creation
| Approval Date: | | 03/05/2012 |
| Location: | | Farmington Hills |
| Projected Investment: | | Up to $8.16 million |
| Projected Jobs: | | 60 |
| Projected Incentive Amount: | | $500,000 |
TEIJIN ADVANCED COMPOSITES AMERICA INC. – Grant for Job Creation
| Approval Date: | | 03/15/2012 |
| Location: | | Auburn Hills |
| Projected Investment: | | Up to $7.9 million |
| Projected Jobs: | | 25 |
| Projected Incentive Amount: | | $375,000 |
LACKS ENTERPRISES, INC. – Grant for Job Creation
| Approval Date: | | 03/27/2012 |
| Location: | | Grand Rapids |
| Projected Investment: | | Up to $31,900,000 |
| Projected Jobs: | | 120 |
| Projected Incentive Amount: | | $350,000 |
COMPUTERIZED FACILITY INTEGRATION – Grant for Job Creation
| Approval Date: | | 03/27/2012 |
| Location: | | Southfield |
| Projected Investment: | | Up to $908,000 |
| Projected Jobs: | | 79 |
| Projected Incentive Amount: | | $434,500 |
MAGNA SEATING OF AMERICA, INC. – Grant for Job Creation
| Approval Date: | | 03/27/2012 |
| Location: | | Highland Park |
| Projected Investment: | | Up to $2,248,000 |
| Projected Jobs: | | 244 |
| Projected Incentive Amount: | | $732,000 |
HARK ORCHIDS, LP – Performance Based Grant
| Approval Date: | | 04/30/2012 |
| Location: | | Comstock Charter Township |
| Projected Investment: | | Up to $5 million |
| Projected Jobs: | | 80 New Projected Jobs |
| Projected Incentive Amount: | | Up to $500,000 |
HCL AMERICA, INC. – Performance Based Grant
| Approval Date: | | 04/30/2012 |
| Location: | | Jackson |
| Projected Investment: | | Up to $3.35 million |
| Projected Jobs: | | 200 Projected New Jobs |
| Projected Incentive Amount: | | Up to $875,000 |
HUNTINGTON FOAM, LLC – Performance Based Grant
| Approval Date: | | 04/30/2012 |
| Location: | | Greenville |
| Projected Investment: | | Up to $2.56 million |
| Projected Jobs: | | 30 Projected New Jobs |
| Projected Incentive Amount: | | Up to $340,000 |
SUPPORTING PROGRAM DOCUMENTS:
