The MEDC (Michigan Economic Development Corporation) announced that the Michigan Strategic Fund has been approved for $148 million in new capital investment to create 352 new jobs in Southeast Michigan.
“These new investments in Southeast Michigan are strong additions that will revitalize communities and bring new jobs for our residents,” said Gov. Rick Snyder. “We have bettered our state’s business climate and our efforts are showing solid results. These new investments will mean greater economic opportunities for Michigan businesses and citizens.”
The MSF-approved projects include an expansion of Toyota’s facility in York Township, three new multifamily housing developments in Detroit, and two brownfield work plans for business expansions in Detroit and Redford Charter Township.
Though not specifically ear marked for Huron Township, growth in general in the Southeastern Michigan area ultimately effects the manufacturing industry in the LDFA township.
“Today’s projects, all examples of public-private teamwork, will help strengthen communities and help growing companies generate new job opportunities,” said MEDC President and CEO Michael A. Finney. “The scope of these deals tells us much about Michigan’s comeback.
“Toyota is making a significant investment to grow its tech center workforce here. And far-sighted developers are restoring neighborhoods with two dozen new buildings that will create a walkable mix of residential, commercial and retail spaces along Detroit’s riverfront.”
Pure Michigan is a brand representing business, talent and tourism initiatives across Michigan. These efforts are driven by the Michigan Economic Development Corporation, which serves as the state’s marketing arm and lead advocate for business growth, jobs and opportunity with a focus on helping grow Michigan’s economy.
For more on the MEDC and its initiatives, visit michiganbusiness.org. For Michigan travel news, updates and information, visit michigan.org. Michigan residents interested in seeking employment with any of Michigan’s growing companies should check mitalent.org, where more than 81,000 jobs are currently available in a variety of industries.