By: Deborah Johnson Wood
Saturn Electronics & Engineering in Coopersville plans to add high-tech machinery and equipment and create 26 new jobs with the help of a $500,000 Community Development Block Grant (CDBG) through the MEDC. The company has 117 West Michigan employees who produce solenoids for the automotive industry.
Company leaders expect the expansion to generate some $11 million in capital investment in addition to the jobs. The grant will partially fund the acquisition of the new equipment, enabling Saturn to keep the West Michigan plant open and competitive, instead of closing the plant and moving operations to China.
“Saturn looks forward to growing in Michigan and contributing to the state’s plan for economic success,” says Wally Tsuha, Saturn CEO.
The Coopersville location is Saturn’s only Michigan manufacturing facility. The company has 1,500 employees in China, the Philippines and Mexico.
Source: Michigan Economic Development Corporation
Deborah Johnson Wood is the development news editor for Rapid Growth Media. She can be contacted at [email protected].
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