Troy-based Molina Healthcare of Michigan plans to expand in Troy and downtown Detroit by investing more than $20 million and adding 462 new jobs in the state.
The company, which expanded to Michigan in 2000, will use a $2 million grant from the Michigan Business Development Program for its growth plans.
“Michigan’s healthcare industry is growing and recognized across the country, and Molina Healthcare’s decision to expand here underscores Michigan’s business-friendly environment and talented workforce,” Gov. Rick Snyder said in a statement. “Molina’s investment and the jobs it will generate demonstrate that reforms to our business climate and our state’s world-class talent are now putting Michigan at the top of the nation’s best places to locate, expand and grow new jobs.”
The Michigan subsidiary of California-based Molina Healthcare provides health services to individuals and families who receive their health care through Medicaid, Medicare and other government-funded programs.
“Molina Healthcare provides quality health care solutions to more than two million citizens across the country, and the company’s investment here will provide good-paying jobs to Michigan residents for years to come,” Michigan Economic Development Corp. President and CEO Michael A. Finney said in a statement.
The company plans to lease office space in downtown Detroit.
“This expansion demonstrates our commitment to the City of Troy, the City of Detroit and the State of Michigan,” Stephen Harris, president of Molina Healthcare of Michigan, said in a statement. “With new projects coming down the pipeline, like Healthy Michigan Plan, we look forward to continuing to grow our business and the opportunity to create more jobs for local residents.”
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