Michigan Economic Development Corporation issued the following announcement on Dec. 9.
Community revitalization projects and economic development initiatives approved for support Tuesday by the Michigan Strategic Fund are expected to generate $80.7 million in capital investment, helping to keep Michigan's economic recovery moving forward in 2021 and beyond.
Final meeting of 2020, the Michigan Strategic Fund board approved a range of projects and initiatives that will keep Michigan’s economic recovery moving forward in the new year. In all, the developments approved today are expected to generate a total capital investment of $80.7 million and return a number of obsolete properties to productive use, the Michigan Economic Development Corporation announced today. The board also took action to approve a new initiative around Industry 4.0 readiness across the state. #MichiganBusiness
Original source can be found here.
Source: Michigan Economic Development Corporation