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Quest Software Expanding in St. Johns, Michigan, Creating 32 New Jobs

Quest Software Plans to Invest $973,000 to Expand its Operations


10/5/2009 1:07:00 PM - Article #2604

LANSING ' Governor Jennifer M. Granholm and Michigan Economic Development Corporation (MEDC) President and CEO Greg Main announced a grant of $192,000 to the city of St. Johns to support the expansion of Quest Software Inc. The grant is being made available from the federal Community Development Block Grant (CDBG) program.

Quest Software, a software development and insurance services company, plans to invest $973,000 to expand its operations in St. Johns. The city of St. Johns will use the CDBG grant to help with the cost of new machinery and equipment. The expansion is expected to create 32 new jobs.

The MEDC administers the state's Community Development Block Grant funds received from the U.S. Department of Housing and Urban Development. These funds are used to provide grants and loans to eligible counties, cities, villages and townships -- typically those with populations less than 50,000 -- for economic development, community development and housing projects. Larger communities receive block grant funds directly from the federal government.

The MEDC is able to award approximately $40 million in federal CDBG funds each year. There are 1,655 local governments in Michigan eligible to apply for these funds. Projects are approved contingent upon compliance with state and federal requirements. For more information on MEDC www.TheMEDC.org.

For more information on Quest Software: http://www.questsoftware.com

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