Subsidy Tracker Individual Entry

Company: 
Hearthside Food Solutions
Parent Company: 
Hearthside Food Solutions
Subsidy Source: 
state
Location: 
Michigan
City: 
Kentwood
Address: 
3225 32nd Street Kentwood
Zip: 
49512
Project Description: 

Michigan Business Development Program - Hearthside Food Solutions, LLC is the nation's largest independent bakery and a full-service contract manufacturer of high quality, grain-based food and snack products for some of the world's leading premier brands. The company currently operates 20 manufacturing plants spanning eight states and employing over 7,500 full-time employees nationwide. The Applicant plans to renovate 3225 32nd Street, Kentwood, Michigan 49512 which allows the Company to install a new granola dryer and additional stand up pouch baggers to support new business growth and increased customer demand. The Company has estimated a capital investment of $10,698,400 in building renovations and machinery and equipment with the creation of 91 jobs related to the project. As a result of the project the Company as been awarded a Michigan Business Development Program Performance-based Grant for $450,000.

Year: 
2015
Major Industry of Parent: 
food products
Specific Industry of Parent: 
food products
Subsidy Value: 
$450,000
Program Name: 
Business Development Program
Awarding Agency: 
Michigan Economic Development Corporation
Type of Subsidy: 
grant/loan hybrid program
Number of Jobs or Training Slots: 
91
Notes: 

Year is fiscal year. Jobs is sum of new and retained positions.

Source Notes: 
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