Polytek Development Corp. is moving forward with plans to expand its facility in Comstock Charter Township. This project plans to generate a total private investment of $2.1 million and create 28 jobs!
As a result of the expansion and new jobs, the leading manufacturer of specialty polymers was awarded a $112,000 Michigan Business Development Program performance-based grant from the Michigan Strategic Fund yesterday along with other two business projects around the state—Farm Bureau Life Insurance Company of Michigan in Delta Township and Great Lakes Sound & Vibration, Inc. in Franklin Township. In totality, the projects are expected to generate a total investment of $10.4 million and create 117 jobs in Michigan.
“The decision by these companies to expand in Michigan means good jobs for our residents and demonstrates the strength of our state’s talented workforce,” said Jeff Mason, CEO of MEDC, the state’s chief marketing and business attraction agency, responsible for enabling long-term economic opportunity for all Michiganders.
“We are pleased to work with these companies and our local partners to support these investments in Michigan,” Mason said.
Haven’t heard the name Polytek before? You may be more familiar with the Alumilite, now a division of Polytek, which is well-known locally for making everything from full-scale molds and castings of the Batmobile and dinosaurs to custom auto parts and hobby kits. Pleased with Southwest Michigan’s skilled workforce, Polytek has made several recent acquisitions and decided to expand in this area.
Polytek® Development Corp. is a leading manufacturer of specialty polymers that are used primarily in mold making and casting applications for industrial, construction, entertainment, consumer, fine arts and technology sectors. The company has made recent acquisitions of individual manufacturing companies and facilities and needs to consolidate and expand its operations to allow for additional work. Comstock Township is where the company will grow locally and was chosen for the project over a competing site in Indiana.
“We would like to thank Michigan Economic Development Corporation and Southwest Michigan First for their time and support,” said Polytek Alumilite Division Vice President Mike Faupel. “We look forward to continued growth in Southwest Michigan and are eager to expand our team and develop community partners in Comstock township and the surrounding areas.”
“Southwest Michigan First congratulates Polytek Development Corp. on its commitment to grow and expand in Southwest Michigan. Our project team enjoyed working together with state of Michigan and economy of Southwest Michigan,” said Ron Kitchens, chief executive officer and senior partner of Southwest Michigan First. “Our local, skilled workforce and region’s ability to form collaborative, results-oriented partnerships are key reasons why we are celebrating today.”
For information on careers with Polytek Development Corp., visit www.polytek.com/careers.