LANSING, MI (WHTC-AM/FM, Dec. 23, 2023) – The Michigan Strategic Fund has given a Holland firm a financial Christmas present.
The office of the Governor of the State of Michigan announced this week that Koops, Inc. will receive a $250,000 Michigan Business Development Program performance-based grant. It will go towards a $3 million investment by the provider of machine design and integration services to expand its current facility off of Production Drive for larger-scale projects. Company officials say that 24 jobs would be created as a result, as they chose to expand along the Lakeshore instead of in South Carolina. It would be the fifth such expansion by Koops in Holland.
Approval of a property tax abatement by the Holland City Council in conjunction with this grant is pending.