LANSING ' Grants totaling $1.038 million to the city of Greenville and the village of Sheridan to support local manufacturing expansions and more than 100 new jobs. The grants are made available by the Michigan Economic Development Corporation (MEDC) with funds provided by the federal Community Development Block Grant (CDBG) program.
A grant of $930,000 to Greenville will support the purchase of machinery and equipment by Zero l LLC to bring a production line to a leased facility in Greenville instead of China. Zero l, a designer and manufacturer of contract furniture and performance seating with five employees in Michigan, is investing $3.4 million in the project which is expected to create an additional 93 new jobs in two years.
A $108,000 grant to Sheridan will allow injection-molder Wright Plastic Products to operate more cost-effectively by hooking up to the village sewer system. The company, with 29 employees in Sheridan, will invest $275,000 in machinery and equipment needed to accommodate new business opportunities. The village will contribute $14,100 toward the project which is expected to create 11 new jobs.
The MEDC is able to award approximately $40 million in federal CDBG funds each year. There are 1,655 local governments within the state eligible to apply for these funds. Projects are approved contingent upon compliance with state and federal requirements.
The Michigan Economic Development Corporation: For more information on MEDC initiatives and programs, visit the Web site at www.TheMEDC.org.
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