November 12, 2020
The Michigan Department of Agriculture and Rural Development approved three Food and Agriculture Investment Fund grants totaling $293,500.
These performance-based grants will leverage about $91.4 million in additional private investment in Michigan’s food and agriculture industry, as well as create dozens of new jobs and increase demand for Michigan-farmed products, according to MDARD.
“We couldn’t be more proud of, or impressed by, the resilience and determination of Michigan’s food and agriculture industry during some very challenging times,” MDARD Director Gary McDowell says. “These grants not only spark an incredible return on investment for the state, but they also send a message to burgeoning or expanding businesses across the country that the road to success runs through the Great Lakes State.”
The first project, boosted by a $150,000 Food and Agriculture Investment Fund grant, is being developed by Hudsonville Creamery, which is planning a major expansion in Holland that will include a new cold storage building as well as a reconfiguration of its existing facility.
This is a substantial project and a considerable investment in Michigan, as the company anticipates spending $83.3 million on the project and creating 45 new jobs, according to MDARD. With this project, the company also will increase its purchase of Michigan milk and cream, increasing its already strong support of the state’s dairy farmers.
The second project is a new accelerator/incubator in Muskegon known as FARM (Food, Agriculture, Research, and Manufacturing Center). This project includes the construction of a three-bay facility for commercial food production testing and training on the campus of Muskegon Community College.
The project is a collaboration between many partners in the Muskegon area, including Muskegon Area First (a local economic development entity), the West Michigan Food Processing Association, Muskegon Community College and other local partners.
This $63,500 Food and Agriculture Investment Fund grant will leverage about $2.1 million in investment and will lead to an exciting new asset in the Muskegon area to accelerate early stage and developing food companies.
The third project will add a new flaking building and processing line at Star of the West Milling Co. Inc. in Frankenmuth. Flaked wheat is typically used in ready-to-eat food products. The $80,000 Food and Agriculture Investment Fund grant will help support the project, which will create 2.5 new jobs and lead to a $6.3 million investment.
It also will lead to increased demand for Michigan wheat, as the flake customer that Star of the West Milling will begin producing for currently buys the flakes from outside the state.
Source: MDARD, which is solely responsible for the information provided and is wholly owned by the source. Informa Business Media and all its subsidiaries are not responsible for any of the content contained in this information asset.
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