MEDC grant to help company bring 38 jobs to Litchfield

first_img The Michigan Economic Development Corporation (MEDC) announced a Hillsdale County-based project has been awarded a $228,000 Michigan Business Development Fund grant, according to Rep. Eric Leutheuser.Grand Rapids-based Speedrack Products Group Ltd. seeks to add to its manufacturing capacity and is expected to purchase a facility in Litchfield as part of a $5 million investment. Speedrack, a supplier of pallet racking and storage systems, expects to create 38 jobs with its expansion into Hillsdale County after considering sites in Ohio and Indiana.“This is exciting news for our area,” said Rep. Leutheuser, of Hillsdale. “Speedrack knows that we have great employees and a great location for their manufacturing business.  And the state knows that ‘border counties’ like ours are vital to Michigan’s comeback.”The MEDC-based grant is allocated to assist with facility-related upgrades and purchasing of new equipment. Speedrack also has a manufacturing facility in Quincy, Mich.### Categories: Leutheuser News,News 27Jan MEDC grant to help company bring 38 jobs to Litchfieldlast_img

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