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Tecomet Expanding its Lansing, Michigan Location

Tecomet plans to invest $14.5MM over the next three to five years to upgrade and expand existing facilities in Lansing, Michigan, and grow its employee headcount by 160, to reach 560.

The facility will gain 30,000 square feet of space at 5858 Enterprise Drive, which manufactures devices such as hip and knee replacements and trauma plates.

Tecomet will apply for a five-year tax abatement for building improvements, and also receive $640,000 in a performance-based grant from the Michigan Development Program. The project is slated for completion in December 2018.

Sources: The Peninsula; Lansing State Journal