An exciting development is coming to Saginaw Township; solar manufacturer Suniva, Inc.
, announced it will open a new manufacturing plant there, with construction to start this month.
Suniva, founded in 2007, is based in Atlanta, and makes high-efficiency crystalline silicon photovoltaic solar cells and high-power solar modules. The plant will be its second in the U.S. and is slated to begin production by the end of 2014.
According to the Michigan Economic Development Corporation, which awarded Suniva a performance-based business development grant of $2.5 million to start up its manufacturing facility here in Michigan, the company will invest up to $12.5 million in building a state-of-the-art plant, and create about 350 jobs.
Saginaw Township also is offering a property tax abatement to the manufacturer to help get the facility started.
"Early on, Suniva identified the Great Lakes Bay Region as a strategic location for its continued expansion due to our highly-skilled workforce. To attract such an industry leader is a strong testament to the quality of our people, and the commitment of our region and Michigan to the growth and expansion of our solar industry cluster," says Saginaw Future president JoAnn Crary.
Writer: Kim Eggleston
Source: Saginaw Future