FLINT TWP. — Signs by Crannie, 4145 Market Place, was one of eight companies in Genesee and Lapeer counties recognized for contributions to the economic growth of the I-69 International Trade Corridor during the Next Michigan Development Corporations’ (NMDC) annual meeting last week.
“Each of the companies recognized today has made a significant investment of dollars and jobs within the Corridor,” said Paul Brake, Chair of the I-69 International Trade Corridor NMDC and City Manager for the City of Grand Blanc, in a press release.
“The goal of the NMDC is to promote economic growth along the I-69 Corridor and we want to acknowledge companies that are making a commitment to expanding in the region.”
The I-69 NMDC includes 36 municipalities in Genesee, Lapeer, Shiawassee and St. Clair counties. The board governs the NMDC and consists of members from the participating governments and one member from each governmental unit.
Companies from both Genesee and Lapeer counties received certificates of recognition for their investments in the region. Recognitions included:
°Signs by Crannie – The Flint Township-based company invested more than $2.4 million and will add more than 30 jobs over the next six years.
°Global Impact Group – The Mundy Township-based company was the Global Trader of the Year in 2012 and is a major importer and exporter for Volkswagen America.
°CFI Medical Solutions – The Fentonbased company which also has a warehouse in Flint, invested $4.8 million, retained 30 jobs and added 4 new jobs.
°TMI Climate Solutions, Inc. – The Grand Blanc Township-based company invested $6.2 million, retained 154 jobs and will create 30-50 additional jobs in the next two years.
°Lapeer Plating & Plastics, Inc. – The Lapeer-based company has made a $1.3 investment and will add 50 jobs.
°Cooperative Elevator Company – Based in North Branch, Cooperative Elevator Company invested $1.6 million and will retain three full-time employees while adding one new job.
°Pinnacle Foods Group, Inc. – The Imlay City-based company invested $15.1 million and added 29 full-time jobs and 500 seasonal jobs.
°Kamax, L.P. – The Mayfield Township-based company invested $6.9 million and added nine new jobs.
The I-69 Corridor NMDC board has the authority to recommend various tax incentives to stimulate business growth or establish a new location within the NMDC territory. The Next Michigan Development Act allows the NMDC, on a project-by-project basis, to recommend a Renaissance Zone, real and personal property tax exemptions and other tax credits to qualifying businesses.
Established in 1985, Signs by Crannie was originally based on Flushing Road in Flint Township.