[DetroitMan]

They're making great progress on the casino expansion. It will be interesting to see how that area develops over the next 20 years. Yesterday, two companies announced 300 new jobs and nearly $49 million in investments are coming to Holland.

Automotive company plans 163 new jobs, $7.9M investment in West Michigan

A company that remanufacturers electric batteries and other products for the auto industry is planning a $7.9 million investment and up to 163 new jobs at a new plant on Waverly Road in Holland.

ATC Drivetrain was awarded a $2 million, performance-based grant from the Michigan Strategic Fund this week as part of the state’s efforts to incentivize the company to expand in West Michigan as opposed to Tennessee. The Michigan Strategic Fund is the public funding arm of the Michigan Economic Development Corporation (MEDC).

“We’re really excited about this, this project and look forward to working with you in the future to expand our business and develop new opportunities,” George Kostopoulos, the company’s vice president of global sales and marketing, told the Michigan Strategic Fund board on Tuesday, Dec. 12.

ATC Drivetrain is headquartered in Farmington Hills, and has locations in Tennessee and Oklahoma as well as the United Kingdom, China and Germany.

Kostopoulos said the company is 83-years-old and was founded with the mission of remanufacturing parts for the auto industry. Recently, it has expanded into providing those services for electric vehicle batteries. The company has 23 employees in Farmington Hills, and 1,700 workers internationally.

https://www.mlive.com/news/grand-rap...-michigan.html

German medical company plans $41M investment, 180 jobs in Holland

A German medical device company has been awarded a $1.8 million state grant and a five-year tax cut valued at $237,840 for a plant it plans to open in Holland.

The funds were awarded this week to HG Medical USA by the Michigan Strategic Fund, the public funding arm of the Michigan Economic Development Corporation (MEDC). The MEDC says HG Medical is considering opening a location in Holland that would create 180 jobs within five years and make a $41 million investment at its site. The company’s Holland location would be at the former Johnson Controls building, 3312 Lousma Dr. SE.
Hg Medical makes orthopedic implants for bone surgery. Its parent company is German-based hg medical GmBh. The company’s established its U.S. presence in 2015, when it opened a location in Huntington, West Virginia.

The 180 jobs would have an average wage of $21.59 per hour plus benefits. Construction on the plant is expected to start in June, according to the MEDC.

“All the due diligence we’ve done tells us that Holland, West Michigan has the workforce we need to build this business,” HG Medical CEO Craig Bluett told the Michigan Strategic Fund board this week.

https://www.mlive.com/news/grand-rap...n-holland.html