Michigan Economic Development Corporation issued the following announcement on July 29.
The Michigan Strategic Fund today approved a business expansion by a Tier 1 auto supplier and two community revitalization projects, actions that signal continued economic recovery in Michigan, the Michigan Economic Development Corporation announced today. The MSF Board also approved amendments to the Michigan Community Development Block Grant (CDBG) program guidelines to be able to utilize $41.9 million in federal CDBG CARES Act funding.
“These projects are helping to lay the groundwork for Michigan’s economic recovery, and demonstrate our continued support for the businesses and community projects that will secure the long-term economic health of our state,” said Governor Gretchen Whitmer. “The expansion by Bridgewater Interiors means good jobs for our residents and further solidifies our state’s continued leadership in advanced automotive manufacturing and mobility.”
Original source can be found here.
Source: Michigan Economic Development Corporation