Acar will use the money to acquire land and rehabilitate anexisting 20,000-sf manufacturing facility along GroesbeckHighway.Admiral will acquire a building on Carlo Drive in Clinton.Both companies manufacture broach and cutting tools for theautomotive and aerospace industries.
Black River Manufacturing will use a $2 million bond to buy landand build a 32,000-sf addition to an existing facility in PortHuron. The land and building will be owned by Black RiverInvestment Co. and leased to the manufacturing firm, which createsautomotive parts.
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