 |
| |
SAGINAW FUTURE
DEVELOPMENT NEWS
Fall 2016
|
|
In the 3rd quarter of 2016, Saginaw Future Inc. (SFI) directly assisted seven projects resulting in nearly $12.8 million in new investment that is expected to create and retain 84 jobs. In addition, 13 regional companies won 235 government contracts valued at more than $5.5 million.
|
|
Delta College
has selected a location in the 300 block of East Genesee Avenue (at Franklin, Tuscola, Baum), to construct a new building in Downtown Saginaw to serve the educational needs of students from the City and surrounding County. Delta College’s Saginaw Center will include eleven classrooms, basic science and computer labs, technology and special use training rooms. As proposed, the building will be 24,000 assignable sq. ft. with a future maximum enrollment of 1,250 people.
|
|
|
|
|
KUKA Assembly and Test Corp.
designs and builds automation and test systems primarily for Ford and General Motors. Sales grew 27 percent in 2016 and employment has reached 125 at its Bridgeport Charter Township location. KUKA invested $820,000 in a 5-Axis Machining Center, is implementing a Systems, Applications and Products program, and expects to hire another 20 to 30 employees in the coming year, a majority will be engineers. Saginaw Future and Great Lakes Bay Michigan Works! assisted the company with an application for a Skilled Trades Training Fund grant.
|
|
Meggitt Thomson Aerospace & Defense
invested $4 million in 2016 and is looking to more than double its sales in the next ten years.
The company is adding three jobs currently and expects to continue investment and employment growth. Meggitt’s primary focus is on doing business with the government and the aerospace industries. SFI assists Thomson weekly with engineering specifications, standards, manuals and technology documents for the Department of Defense. SFI also provides market research and connected the company to Great Lakes Bay Michigan Works! to assist with securing talent.
|
|
U.S. Graphite Inc.
is located at 1620 E. Holland Ave. in the City of Saginaw. The company is making aesthetic improvements that include plans to demolish structures and $230,000 in real property improvements. Work will include resurfacing of exterior walls, roofing, lighting, heating and ventilation. U.S. Graphite will also be purchasing a $130,000 CNC machine. The company has invested over $1.7 million since 2010, which began with the acquisition of the long vacant Kelly Tire building. Continuous improvements have been made to the building that now houses administrative, research and development, and engineering staff.
|
|
Dee Cramer, Inc.
is expanding to 3720 E. Washington Ave. in Buena Vista. The building had been leased to Federal Express, which moved into its new 213,000 sq. ft. location east of this building. Dee Cramer will locate spiral manufacturing equipment and 14 employees at the site, and expects to hire additional employees. SFI assisted with connections to Consumers Energy and Buena Vista Charter Township to upgrade power in the building.
|
|
The Gallery, Art for Saginaw
is expected to open in the Bancroft Building in late Fall. It will feature Michigan artists with emphasis on modern and contemporary art that will be displayed and sold at the gallery. Fifty percent of the proceeds will go to the artists and the other half will go to the Saginaw Art Museum to support children’s programs. Plans also include art classes for children and adults, and to host charitable events at The Gallery.
|
|
|
|
SVRC Marketplace celebrated its new project in Downtown Saginaw. The iconic Former Saginaw News building is being redeveloped into a 100,000 sq. ft. mixed-use facility. The exterior will feature a pavilion covering 48 vendor stalls for the Downtown Saginaw Farmers’ Market. The $19.8 million expected investment will be secured through a combination of grants, loans, sponsorships, donations and developer equity.
|
|
SVRC Marketplace is a transformational redevelopment of the former Saginaw News Building. It will be a 100,000 sq. ft. hub of activity for people visiting, living, eating, shopping, doing business and looking for entertainment in Downtown Saginaw. This Class “A” revitalized building features up to 10,000 sq. ft. of build-to-suit/turnkey lease opportunities with historically preserved amenities.
|
|
|
Phillip Dembowski
Commercial and Product Line Director
Hemlock Semiconductor Group
More than 25-year-career at Dow Corning
Bachelor’s degree in chemical engineering
Master’s degree in business administration
|
|
Neal W. Bishop
Area Manager
ITC Holdings Corp.
Works with business and community leaders as a liaison to the company
Former Deputy Chief of Staff for Michigan’s Speaker of the House
Bachelor’s degree in political science
|
|
Michigan State Trade Expansion Program
is offered by the Michigan Economic Development Corporation to support export-development activities.
Your company may be eligible for financial assistance for foreign trade missions, export training and much more. Amigo Mobility, Banner-Day Engineering, Duperon Corporation, Mahar Tool and Wineman Technology have already received assistance. Contact SFI today for more information.
|
|
|
SFI President Appointed to the Building the 21st Century Economy Commission. The 23 member commission serves as an advisory body within the Executive Office of the Governor. Members will identify priorities over the next 20 years along with short-term and long-term action items to achieve the vision of Michigan’s economic future. The commission will issue a final report to the Governor by June 30, 2017.
|
|
|
|
|
|
|
|
|
