IT and packaging firms to produce $35M in investments, 226 new jobs

IT and packaging companies were also winners in this week's round of tax incentives from the Michigan Economic Development Corp, with Member Driven Technologies and AJM Packaging agreeing to invest and hire in Metro Detroit in exchange for tax breaks.

Member Driven Technologies plans to invest $6.4 million into building a second data center in Southfield. The move should create 101 new IT jobs over the next five years, with 14 new hires coming in the first year.

"We've grown quite a bit," says Chris Kowal, CFO for Member Driven Technologies. "We've gone from one employee in 2003 to 61 today."

The Warren-based company got its start when five local credit unions banded together to create a firm to provide IT services. Member Driven Technologies now manages IT for 45 credit unions and it just signed a new contract that can greatly expand its client base, prompting the need for a new data center.

"The market and current environment is great for what we do," Koval says. "We think our growth over the next five years will match, if not outdo, what we have done."

AJM Packaging is spending $28.3 million to expand its Southgate manufacturing facility, an investment that should create 125 jobs over the next five years. Of those, 90 people should be hired in the first year. The circa-1957 company manufactures converted paper products, such as paper plates, cups, bowls, grocery sacks and bags.

Source: Michigan Economic Development Corp and Chris Kowal, CFO for Member Driven Technologies
Writer: Jon Zemke

Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.

IT and packaging firms to produce $35M in investments, 226 new jobs

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