Van Andel Global Trade Center

2013 was right time for biz expansion in Grand Rapids

Date: January 9, 2014

GVSU's L. William Seidman Center. (Photo Credit: Amanda Pitts - GVSU)By

"More than two dozen Grand Rapids-area businesses decided last year that the time was right to spend millions of dollars on new facilities or to expand buildings they already had.

The Right Place Inc., the Grand Rapids area's economic development agency, estimated that new payroll created in 2013 in the development and expansion projects in which the organization was involved totaled nearly $68 million, while new investment was more than $102 million.

Tim Mroz, vice president of marketing and communications for The Right Place, said 997 jobs were retained by the projects and 1,586 created.

He said 2013, with 18 expansion projects on the Right Place Inc. annual report, had more projects than in any one year in the past 10 years." More...

 

Read the full article on all of the 2013 Grand Rapids' expansions here: http://www.crainsdetroit.com/article/20140108/NEWS/140109886/2013-was-right-time-for-biz-expansion-in-grand-rapids   

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