Chemicals Firm to Open $17M R&D Facility in MichiganChemicals Firm to Open $17M R&D Facility in Michigan
November 9, 2018
Specialty chemicals producer Pacific Industrial Development Corporation (PIDC) plans to invest $17.2 million to open a new facility in Pittsfield Township, MI that will focus on research and development (R&D) of new solutions for the chemical and petrochemical catalysts markets and advanced materials for electronic vehicles.
A press release from the Michigan Economic Development Corporation (MEDC) announced the company’s project this Wednesday. Some 50 new jobs will be created as a result of the site’s opening.
“We are so excited to continue to grow our company in Pittsfield Township,” the firm’s chief executive officer Wei Wu said in the MEDC release. “This will be our third location in Pittsfield Township and we know that we will be able to attract great talent in this area for the new jobs we will create.”
Based in Ann Arbor, MI, PIDC operates manufacturing sites in the U.S., Germany, Japan, Brazil, India, and China. The company serves the automotive, oil and gas, electronics, alternative energy, chemical, pharmaceutical, and construction industries, according to information on its website.
MEDC awarded the company a $400,000 performance-based grant through the Michigan Business Development Program.
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