Last year, the Citizen Patriot — with help from The Enterprise Group — selected 10 businesses it determined were thriving in Jackson County, despite the poor economy.
We brought you stories of a business doing high-tech research on the cars of tomorrow, a small firm growing exponentially in the field of energy-efficient lighting and a company that sends employees across the country to take radiographs and conduct integrity testing of gas pipelines.
Other businesses were selected because they were growing jobs and profits, diversifying into new sectors, building new facilities and additions, and investing in the community.
At the time, we said these companies could redefine Jackson’s reputation — and eventually its legacy.
What follows is an update on those 10 businesses one year later.Read more
Twenty-two companies along the Interstate-94 corridor will share $5.05 million from a state program targeting retention of Pfizer Inc. assets and talent.
Low-interest loans of between $50,000 and $400,000 went to the companies following approval by the Michigan Strategic Fund board.
A $500,000 also goes to economic development groups Ann Arbor SPARK and Southwest Michigan First in Kalamazoo to bolster the Michigan Innovation Equipment Depot, created last year to distribute equipment donated by Pfizer to state companies.Read more
Company Formation and Growth Fund making loans to entrepreneurs, keeping Pfizer talent and assets in Michigan
Governor Jennifer M. Granholm today announced Michigan companies to receive loans under the Company Formation and Growth Fund, an initiative designed to retain Pfizer talent and assets in Michigan as a result of the global downsizing of the company’s workforce. The Michigan Strategic Fund has approved $5.05 million in low interest loans to 22 companies in Ann Arbor, Jackson, Kalamazoo and Portage. Combined, the companies are expected to create 101 new jobs.Read more