Success Stories
Success Story - ePrize
Michigan's next great company, ePrize, is a model for innovation, Internet success and sustainability.
Success Story - Toyota
The state's rich automotive heritage, innovation and expertise helped convince Toyota that this is the perfect place to expand its engineering development center.
Success Story - Asterand
The MEDC was instrumental in helping Asterand find the best location, secure financing, access great research support and acquire skilled workers.
Success Story - Creative Merchandising Systems
A $3 million allocation has been approved to help finance the expansion of Twin Birch LLC in Kentwood, through the use of the state's Private Activity Bond program.
Success Story - Caraco Pharmaceutical Laboratories Ltd.
A state tax credit valued at $6.8 million over 10 years helped convince Caraco to expand in Michigan over competing sites in North Carolina and South Carolina.
Success Story - Adaptive Materials Inc.
A state tax credit valued at $760,000 over seven years helped convince Adaptive Materials to invest and grow in Michigan versus other competing states.
Success Story - G. A. Richards Company
Bond financing in the amount of $3.5 million has been approved to support the expansion of office furniture products manufacturer G. A. Richards Company and G.A. Richards Plant 1.5 LLC in Grand Rapids, through the use of the Private Activity Bond program.
Success Story - HandyLab Inc.
A state tax credit valued at $672,000 over seven years helped Michigan win this project over a competing site in Minnesota.
Success Story - MediaSpan Group Inc.
A state tax credit valued at $873,000 over seven years helped convince the company to relocate to Michigan over a competing site in Florida.
Success Story - Kolbenschmidt Pierburg
A state tax credit valued at $3.4 million over eight years helped Michigan win the expansion over competing sites in Indiana and South Carolina.