Ann Arbor SPARK Supports Mahindra GenZe, Company Expands to U.S. with New Vehicle Research and High Tech Manufacturing Facility

Ann Arbor SPARK’s efforts to attract high tech businesses to the region has resulted in Mahindra GenZe, a division of the multinational company Mahindra and Mahindra, choosing to locate in the City of Ann Arbor. Mahindra GenZe is designing and manufacturing a new technology vehicle here, at its first facility in the United States. As part of its expansion in Ann Arbor, the company is investing up to $2 million and creating 34 jobs related to vehicle... [Read More...]

TD Ameritrade Expands to Ann Arbor, Will Invest $3 Million and Create 50 New Jobs

TD Ameritrade plans to open a new technology center focused on advanced technology and innovation in the City of Ann Arbor. This project is expected to generate up to $3 million in total capital investment and create up to 50 new jobs. “TD Ameritrade’s new Advanced Technology Group in Ann Arbor shows the power of retaining talent in this region, and the power of being able to attract top business and technical talent. The new managing... [Read More...]

Five Companies Receive Michigan Microloan Fund Program Awards

Five Michigan companies have received a combined total of $250,000 through the Michigan Microloan Fund Program, bringing the total amount loaned through the Fund to more than $3.8 million.  The companies received the funding to support commercialization of their core products. More information on the companies that received Michigan Microloan Fund Program support is available via video: “The Michigan Microloan Fund Program is an exceptional... [Read More...]

Coyote Logistics locating in Ann Arbor, adding 125 new jobs View MEDC Social Networking RSS

Wednesday, August 14, 2013 LANSING, Mich. – The Michigan Economic Development Corporation today announced Michigan Strategic Fund approval of a $1 million Michigan Business Development Program incentive for Coyote Logistics to establish a new location in Ann Arbor, a project that will generate approximately $1.2 million in new private investment and add up to 125 new jobs. “Coyote Logistics is a national leader in logistics and transportation... [Read More...]

Lyons Consulting Group to Invest $1.1 million to Expand Ecommerce Business in Ann Arbor

Ann Arbor SPARK helped Lyons Consulting Group secure incentives valued at more that $300,000 from the Michigan Economic Development Corp and the City of Ann Arbor to support its expansion in the region. As part of its expansion, Lyons, an e-commerce strategy, design, development, hosting and support firm based in Chicago, Ill., will invest $1.1 million and create 30 new jobs in the Ann Arbor area. Lyons chose to expand in Ann Arbor over other locations... [Read More...]

Mayor Hieftje: Conversations on Economic Opportunity

In August, Paul Krutko, president and CEO of SPARK, sat down with Mayor John Hieftje to discuss economic opportunity in the Ann Arbor region. Mayor Hieftje assumed office in 2000, and has served as the city’s mayor ever since. The Mayor has led the city through a period of tremendous change, including the worst recession since the 1930s. Throughout their conversation, Paul and Mayor Hieftje discuss the significant challenges that have faced the... [Read More...]

Barracuda Networks Doubles Jobs in Ann Arbor

Barracuda Networks Inc. today announced that it will double its number of employees in Ann Arbor, creating 184 high tech and engineering jobs over three years. This move is part of the company’s commitment to invest $6 million in its relocation to 317 Maynard in downtown Ann Arbor. “Barracuda Networks continues to thrive, and Ann Arbor is critical to that success,” said Sean Heiney, director of new product initiatives for Barracuda Networks.... [Read More...]

Nine Companies Receive Michigan Microloan Fund Program Support

Nine Michigan companies have received a combined total of more than $478,000 through the Michigan Microloan Fund Program, bringing the total amount invested through the Fund to more than $2 million.  The companies received the funding to support commercialization of their core products. “Microloan funding, by design, is that bit of extra support that a company needs to bring a product to market,” said Skip Simms, Ann Arbor SPARK senior vice... [Read More...]

Continuing to Grow Locally

Ann Arbor SPARK’s Business Development team promotes the region’s unique assets to advance the economy through the attraction and retention of innovative businesses selling goods and services globally. Through continuous relations with company representatives, our team identifies and coordinates programs and incentives that can assist companies in their growth plans. Below, we highlight some of the most recent investments announced around the... [Read More...]

Arbor Networks to Add 20 Jobs in Ann Arbor

Arbor Networks recently announced that it plans to add 20 jobs at its location in Ann Arbor.  As part of its expansion, the IT technology security company was awarded a tax abatement to support property improvements and new equipment at its Ann Arbor facility. “Attracting and retaining Arbor Networks in the Ann Arbor region is reflective of Ann Arbor SPARK’s work to help IT businesses grow in the region,” said Paul Krutko,... [Read More...]

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