LANSING, Mich. — Sen. Curt VanderWall announced on Thursday that the Michigan Strategic Fund has awarded a $350,000 Michigan Business Development Program performance-based grant to Ventra Evart LLC of Evart for a company expansion project.
“This is wonderful news not only for Ventra, but for the city of Evart as well,” said VanderWall, R-Ludington. “Ventra Evart, which is a subsidiary of Flex-N-Gate, a Tier 1 supplier of plastic automotive components, focuses on plastics, metals, lighting and mechanical assemblies for the auto industry. They are a vital part of the community and their expansion will bring many benefits.”
VanderWall said Ventra is expanding its operations due to continued growth. The company plans to purchase a vacant Dean’s Dairy building about a mile from its current facility.
The project will generate a total private investment of $3.75 million and create 50 jobs.
“I was delighted when I heard that Michigan was chosen over a competing site in Ohio,” VanderWall said. “The city of Evart anticipates approval of a 50 percent property tax abatement in support of the project.”
The Michigan Business Development Program and Michigan Community Revitalization Program are MEDC Business Attraction and Economic Gardening programs supported by an MSF general fund appropriation.