Press release from Michigan Economic Development Corporation with terrific news for Albion. Thank you so much to the developer for this major private investment in our community! And thank you to the state for their support with a performance based package.
LANSING, Mich. – The Michigan Economic Development Corporation today announced Michigan Strategic Fund approval of a business expansion, two community improvement projects, and other actions expected to generate $83.3 million in new investments and create 510 jobs.
“Today’s projects, including a major Chinese automotive investment in Detroit and transformational projects in two of our downtowns in Albion and Royal Oak, will fuel new economic activity across Michigan, strengthen communities, and create well-paying jobs for our residents,” MEDC Chief Executive Officer Steve Arwood said.
Check out this video link. https://youtu.be/jP_0LYMvxOA.