News Release Provided By MEDC
LANSING, Mich. – Two business expansions that will generate a total of $4.1 million in private investment and create 89 jobs in Michigan have received support from the Michigan Strategic Fund, the Michigan Economic Development Corporation announced today.
“These projects will lead to new business growth and good jobs for Michigan residents,” said Jeff Mason, CEO, Michigan Economic Development Corporation, the state’s chief marketing and business attraction arm that administers programs and performs due diligence on behalf of the MSF.
“The decision by these two companies to not just expand, but relocate operations and a company headquarters to Michigan underscores our business-friendly environment and talented manufacturing workforce. We’re pleased to work with our local partners to support these investments,” he said.
Andronaco, Inc., founded in 1994 in the city of Kentwood, specializes in composites, valve systems, engineered products and specialty systems for the pharmaceutical, chemical, steel, wastewater, and energy markets. The company recently acquired Conley Composites, a fiber glass pipe manufacturer in Tulsa, Oklahoma, and is relocating those operations to Michigan. To accommodate the additional machinery and equipment, Andronaco plans to purchase and renovate an existing building in Kentwood. The project is expected to generate a total private investment of $3.3 million and create 64 jobs, resulting in a $320,000 Michigan Business Development Program performance-based grant. Michigan was chosen for the expansion over the site in Oklahoma.
“The decision to relocate Conley Composites to the same area as our other manufacturing subsidiaries made logistical sense for our company,” said Ron Andronaco, President and CEO of Andronaco Industries, “We are thankful for the guidance and support of The Right Place and the MEDC as we worked through the details of this relocation and expansion process.”
The city of Kentwood has offered a 50-percent property tax abatement in support of the project. For information on careers with Andronaco, visit https://www.andronaco.com/careers.
“The City of Kentwood is pleased to partner with Andronaco Industries and the state of Michigan to bring this project to fruition,” said Kentwood Mayor Stephen Kepley. “We are proud to see a world-leading manufacturer like Andronaco Industries continue to thrive and bring new jobs to Kentwood.”
Emabond Solutions, LLC, founded in 1968 and currently headquartered in Norwood, New Jersey, is a plastic bonding specialist with expertise in compounding and formulating specialty materials required for high performance plastic welding. Emabond serves diverse industry segments centered around the plastics industry. The company currently has a facility in the city of Auburn Hills that operates as its technical center. Emabond plans to relocate all of its New Jersey operations including its headquarters to its location in Auburn Hills. The expansion is expected to generate total private investment of $842,000 and create 25 jobs, resulting in a $153,000 Michigan Business Development Program performance-based grant. Michigan was chosen over the company’s current facility in New Jersey.
“We’re excited Emabond Solutions has chosen Auburn Hills as the location for its headquarters,” Oakland County Executive L. Brooks Patterson said. “Emabond Solutions is a global leader in plastic welding technology, which helps its customers design innovative products. I thank the company leadership for its commitment to Auburn Hills and Oakland County.”
The city of Auburn Hills plans to support the project with congratulatory messages on billboards as well as offer staff time and resources. Individuals interested in careers with Emabond should visit www.emabond.com.
“We are honored that Emabond has chosen to relocate their headquarters to Auburn Hills. This new investment will allow Emabond to continue delivering innovative solutions to their customers,” said Auburn Hills Mayor Kevin McDaniel. “We are excited about Emabond’s investment and the additional jobs it will bring to Auburn Hills.”
About Michigan Economic Development Corporation (MEDC)
The Michigan Economic Development Corporation is the state’s marketing arm and lead advocate for business development, job awareness and community development with the focus on growing Michigan’s economy. For more information on the MEDC and our initiatives, visitwww.MichiganBusiness.org. For Pure Michigan® tourism information, your trip begins at www.michigan.org. Join the conversation on: Facebook,Instagram, LinkedIn, and Twitter.