Michigan Sawmill Receives State Revitalization and USDA Wood Innovations Grant
Whitmer $5.5 million investment in UP projects
Michigan Governor Gretchen Whitmer and the Michigan Economic Development Corporation have announced business investment and community revitalization projects in the Upper Peninsula that will represent more than $5.5 million of capital investment and protect 85 jobs, The Daily News reported (10-28-24).
Northern Hardwoods Lumber has announced plans to invest in and install a new biomass boiler and a back-pressure steam turbine at its facility in Atlantic Mine, Michigan. The investment in upgrades to the facility will provide the opportunity to reduce operating costs and greenhouse gas emissions, leading to a more energy-efficient process. Investments will also add longevity to the company’s operations and the retention of 85 jobs in the city.
Without this investment, the company would have closed its doors at the end of the current boiler’s life cycle, according to the announcement.
The company is anticipating $4.75 million in capital investment with the support of a $250,000 Michigan Business Development Program grant from the Michigan Strategic Fund (MSF). The 85 jobs that will be protected as a result of this investment will have averages wages of $23.76 per hour plus benefits, $4.50 per hour above the regional median wage.
In addition to MSF support, the company has also been awarded a $1 million Wood Innovations Grant from the US Department of Agriculture.
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