Rep. Greg Markkanen is proud to announce the Michigan Strategic Fund has selected Calumet Electronics Corporation to receive financial support toward its planned expansion. The company is expanding to respond to an increased need from the Department of Defense.
Calumet Electronics manufactures printed circuit board and packaged substrates which are essential for semiconductor production in the aerospace and defense industry. Calumet employs around 350 employees at its headquarters in Calumet, Michigan.
“This project will bring jobs and an incredible investment to the Calumet community,” said Markkanen, R-Hancock. “Anytime we can pair an investment in local business with an investment in our armed forces, it’s a win for Michigan.”
Calumet will receive a $7.5 million Michigan Business Development Program grant and a 15-year tax exemption, worth nearly $760,000. The community investment from the project will total over $32.6 million.
“There are so many Yoopers with Finnish heritage, making celebrating Finnish history all the more important in the Upper Peninsula,” said Markkanen, R-Hancock. “Saunas are essential to Finnish culture. Finns of all generations enjoy traditional saunas for cleansing and as a vital source of relaxation and socializing.”
“The U.P. depends on reliable mail service just like any urban area would,” said Rep. Greg Markkanen, R-Hancock. “It sure feels like, on a good day, the U.P. is merely forgotten. On days like today, we get targeted. If I had to choose, ignoring us would be preferable. It isn’t broke, please leave it alone. The federal government promises that only five non-management employees will be laid off, however, others may be required to transfer. Losing more of our jobs and citizens is not what the Upper Peninsula and the state of Michigan need right now.”
“The governor’s new Good Jobs 2.0 proposal has a lot in common with Hollywood’s recent obsession with remaking classic movies; the only difference being, unlike many of the movies, the original Good Jobs program was terrible too,” said Markkanen, R-Hancock. “Michigan doesn’t need to lure coastal corporations into our state so we can have more big fancy ribbon cutting events. We need a real economic development strategy to support our struggling small businesses across Michigan.”