It looks like
Morley Companies, Inc. will be expanding in Saginaw Township in order to accommodate new contracts--news that comes right on the heels of the Michigan Economic Growth Authority announcing it has approved tax incentives for the company and 14 others.
Morley's expansion, which will be a $7.7 million investment, is expected to create over 900 direct new jobs.
Established in 1863, Morley Companies earned acclaim as the second-largest hardware company in the country. For the past 40 years, the company has provided group travel, business theater, research, exhibits, displays and performance improvement services to a diverse group of Fortune 500 clients.
"The reinvention of Michigan starts with great companies expanding their operations here and today's actions demonstrate our ability to attract new business opportunities, both traditional and leading-edge, across a wide variety of industries," says Michael Finney, president of the Michigan Economic Development Corporation.
The estimate the for all of the 15 projects will generate up to $205.2 million in new private investment, adding or retaining a projected 4,022 jobs.
"As today's actions show, we at the MEDC are working with regional economic-development groups from across Michigan to make the expansions of these companies a strong first step in their success," says Finney.
Writer: Sam EgglestonSource: Michael Finney, MEDC
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