Four West Michigan companies announce multi-million dollar investments creating 100s of jobs
Four West Michigan companies on the same day made public their intentions to invest and create nearly 300 jobs.
Named one of the fastest growing private companies in the U.S., and the seventh fastest growing company in Michigan by Inc. 5000, Grand River Aseptic, a Life sciences contractor based in Grand Rapids, provides high-quality, outsourced sterile parenteral manufacturing. What started with 16 employees in 2011has grown to more than 100. Now, GRAM is projecting 107 new jobs investing $63.5 million into a new Grand Rapids 62,000-plus square foot building on Butterworth Street housing additional production space, state-of-the-art pharmaceutical manufacturing and packaging.
Amphenol Borisch Technologies is an Aerospace and defense contractor headquartered in Kentwood. It’s investing $3.7 million for expanding and renovating portions of its campus and purchasing new machinery and equipment. ABT manufactures electromechanical assemblies, cable harnesses and circuit cards. The investment will support the creation of 82 jobs.
Auto supplier Magna Mirrors Newaygo is experiencing increased demand for its products. To keep up, it’s investing $45 million into a 175,000-square-foot manufacturing and assembly facility at its Newaygo location. Magna says the investment calls for the creation of 48 new jobs.
Finally, Maryland-based DealerOn, known for providing over 1900 dealerships with web platforms and managing social media services, generation tools, and call tracking, has committed to expanding into the City of Grand Rapids. As auto sales move into e-commerce, DealerOn will make a $1.6 million capital investment over the next three years creating 44 new jobs. Regional nonprofit economic development organization,
The Right Place, provided location assistance. The Michigan Economic Development Corporation provided performance-based grants. In all, the four announcements total an investment of $113.8 million creating 281 jobs.
Patrick Center, WGVU News.