State grants bring 500 jobs to townships
State Rep Kurt Heise working at Plymouth Art in the Park last week
Jul. 22, 2015 PLYMOUTH EAGLE.
Plymouth Michigan News
Development grants from the State of Michigan will help bring more than 500 jobs to Northville and Plymouth townships.
The grants, offered as a means to spur economic and job growth, are an incentive available through the Michigan Strategic Fund to encourage investment in local communities, according to State. Rep. Kurt Heise, R-Plymouth Township.
One of the latest incentive grants went to ZF North America, Inc., a subsidiary of ZF Friedrichshafen AG headquartered in Germany. The company
is a worldwide leader in drive-line and chassis technology that is bringing a technical center to Northville Township, Heise said in a prepared statement. The center will be used for research and development services to design, develop and test new vehicle components and systems, and is expected to create 571 jobs, resulting in a $4 million
Michigan Business Development Program performance-based grant.
“This is an exciting development,” said Heise. “I’m grateful for the partnership between ZF North America and the township of Northville, and I thank the Michigan Economic Development Corporation and Michigan Strategic Fund for seeing the great value in this hard working American community.”
The Michigan Strategic Fund also granted approval of private activity bonds that would create 82 new jobs in Plymouth Township and the city of Livonia with Master Automatic Machine Co., Inc. The state investment was valued at $4 million.
“Bringing greater success to local businesses is just as important as encouraging additional investment,” Heise said. “Economic success in our state starts with job providers based in our cities and townships.”