Thursday, November 06, 2014

Why are we letting politicians buy votes with our "road repair" tax dollars?--------MEDC grants expected to net $22M in investments, 115 jobs

MEDC grants expected to net $22M in investments, 115 jobs | Crain's Detroit Business:
"LANSING — The Michigan Economic Development Corp. has announced $650,000 in grants for two business expansion projects that are expected to generate nearly $22 million in investments and add up to 115 jobs.
LTC Roll & Engineering Co. based in St. Clair County's Cottrellville Township will receive a $450,000 performance-based grant through the Michigan Business Development Program.
The manufacturer plans to purchase a new facility and create 90 jobs.
The St. Clair County Economic Development Alliance plans to support the project by hosting a job fair.
Mando America Corp. was awarded $200,000 to help renovate its facility in Bay County's Monitor Township. The automotive parts manufacturer expects to create 25 jobs."

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