LITCHFIELD, MI (WTVB) – State Representative Eric Leutheuser says a Hillsdale County project has been awarded a $228,000 Michigan Business Development Fund grant through the state’s Economic Development Corporation.
Grand Rapids-based Speedrack Products Group wants add to its manufacturing capacity and is expected to purchase a facility in Litchfield as part of a $5 million investment.
Speedrack supplies pallet racking and storage systems. The company is expected to create 38 jobs with its expansion into Hillsdale County after considering sites in Ohio and Indiana.
The Michigan E.D.C.-based grant is allocated to assist with facility-related upgrades and purchasing of new equipment.
Speedrack also has a manufacturing facility in Quincy.
