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2nd Quarter Saginaw County Business
Attractions
September 7, 2007
In the 2nd quarter of 2007, SFI
assisted eight companies that invested $1.066 billion that will create 572
jobs and retain 130 jobs. A ninth company received a $55,000 job training
grant.
Expansions
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Dow Corning Healthcare Industries Materials
Site (HIMS), located in Thomas Township, invested $6.3 million
in an expansion project and new equipment purchase. The expansion is a
result of research and development of silicon-based pharmaceuticals and
personal care products. Notably, Dow Corning HIMS has worked with
developers of a safe and efficient way to treat head lice and other
infestations that have potential product applications on a global scale.
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GM – Saginaw Metal Casting Operations
will invest $63 million to produce cylinder heads for 3.6-liter
high-feature V-6 engines by utilizing a new semi-permanent mold process.
Construction is slated to begin in the spring of 2009, and targeted for
completion in January 2011. The project will retain about 130 hourly
employees.
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Hemlock Semiconductor Corporation (HSC)
is investing $1 billion in its Thomas Township facility that will create
500 new jobs. Recently an additional $2 million grant to Thomas Township
to make public infrastructure improvements needed for HSC’s expansion of
its polycrystalline silicon manufacturing operations was announced. The
grant is an addition to a $1,010,000 grant previously announced by the
Michigan Economic Development Corporation (MEDC), and is being made
available with funds provided by the federal Community Development Block
Grant program.
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R&M Machine Tool, Inc. purchased a second
black oxidizing machine in two years, due to increased customer demand.
The chemical process results in the application of a protective coating on
machine parts that extends the life span of the machinery. The Freeland
company invested $50,000 in the new equipment this year and invested
$82,500 in an expansion last year to house the black oxidizing machines.
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Ranger Tool & Die Company completed its
second investment in less than a year. The company, located at 317 S.
Westervelt Rd. in the City of Zilwaukee, invested $120,000 in new Haas
Milling equipment due to increased demand for its products. The
investment will result in the addition of two new full-time positions. In
2006, Ranger Tool & Die purchased a Haas 5-Axis VMF-4 Milling machine.
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Sargent Docks & Terminal recently
invested $125,000 in new equipment and will hire an additional employee as
a result of the investment. The company purchased a new drying structure
for removing moisture from fertilizer and also invested in new office
equipment. Sargent Docks is a wharf facility located at 5606 Westervelt
Rd. in the City of Zilwaukee, less than a mile north of the Zilwaukee
Bridge on the Saginaw River.
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Siler Precision Machine, Inc. continues
to develop and grow its Village of Merrill location. The latest project
includes updating office space, meeting rooms and its main lobby. Siler
is also investing $160,000 in new CNC equipment that will result in one
new job. This is the company’s fourth expansion in four years totaling
more than $600,000.
Attractions
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Union Court Assisted Living Center
is a senior citizen care facility being developed in the Village of St.
Charles. The building originally was home to the St. Charles Union School
and has stood vacant since Spring 2006. A group of local investors, DCS
Rentals LLC, invested $1.8 million in the Union Court project, which is
expected to create 20 to 30 new jobs.
Job Training Grant
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Orchid Unique Orthopedic Solutions, a Bridgeport
medical manufacturer, received a $55,000 MEDC Economic Development Job
Training grant for the training of 25 employees.
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