COLDWATER, MI (WTVB) – The Michigan Department of Transportation announced on Wednesday they have awarded a state transportation economic development fund grant that will support 62 new jobs at Envirolite and Sekisui Voltek in the city of Coldwater.
The Transportation Economic Development Fund Category A grant totals over $169,000 and will leverage more than $17 million in private investment.
Envirolite manufactures foam-based products and the company is proposing a $3.2 million, 70,000-square-foot expansion of manufacturing and warehousing space. The investment will result in the creation of 30 new jobs.
Sekisui Voltek manufactures lightweight, flexible foam. The company proposes to close another company facility in Massachusetts and expand in Coldwater. A $13.8 million investment in equipment, facility and technology improvements will result in 22 new jobs and 10 existing employees transferring into the state.
Both companies are located on Allen Avenue, which is in poor condition. The City of Coldwater plans to resurface the road. New gravel shoulders will be added and drainage improvements will also be made.
A new center left-turn lane will be constructed at the intersection with Race Street. A dedicated right-turn lane will be added to eastbound Race Street at Allen Avenue.
