Two business expansion projects that are expected to generate nearly $22 million in investments and add up to 115 new jobs in Michigan were approved for Michigan Strategic Funds by the Michigan Economic Development Corporation.
Mando America Corporation, a manufacturer of automotive braking, steering, suspension and chassis controls for major OEMs, has its research, engineering, sales and marketing operations in Monitor Township in Bay County and the City of Novi. The company plans call for additional renovation of the Monitor Township facility, investing up to $13.4 million and creating 25 jobs. As a result, the project has been awarded a $200,000 Michigan Business Development Program performance-based grant.
LTC Roll & Engineering Co., Inc. plans to purchase a facility to expand its manufacturing facility in the Township of Cottrellville in St. Clair County, investing nearly $8.6 million and creating 90 jobs. LTC Roll & Engineering Co., Inc. is a manufacturer of roll formed parts, mainly for the automotive industry.
As a result of the expansion, the project has been awarded a $450,000 Michigan Business Development Program performance-based grant. The St. Clair County Economic Development Alliance is supporting the project by hosting a job fair. Individuals interested in career opportunities with LTC Roll & Engineering should email their cover letter and resume to Debbie Stephens at firstname.lastname@example.org.