X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SEBEWAING, MI-Lapeer Metal Stamping has begun a $5-million expansion of its operations. The company is moving into a 375,000-sf former Tower Automotive facility in this Michigan Thumb community.

The expansion is expected to create 150 new jobs. Lapeer Metal Stamping is a Tier One supplier of high-quality metal stampings and assemblies for the automotive industry.

The Michigan Economic Development Corp. is providing a $1.2-million grant to Sebewaing to help fund infrastructure improvements necessary to support the move. Lapeer Metal already has existing operations nearby in Sebewaing.

Sebewaing will use the funding for road, water and sewer improvements as well as training for new employees. Sebewaing will contribute an additional $280,000 to support the expansion.

“Lapeer Metal Stamping’s decision to locate in the village of Sebewaing will create an enormous boost to the local economy,” says Carl Osentoski, executive director of the Huron County Economic Development Corp. “The grant will greatly assist the community in providing updated infrastructure to the company.”

“The success of this project is two-fold,” MEDC president and chief executive officer Don Jakeway says. “The grant will not only provide critical infrastructure to support the reuse of an old facility but provide jobs and opportunity for local residents.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2022 ALM Global, LLC. All Rights Reserved.