Michigan Sugar Company Investing $65+ Million
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Michigan Sugar Company announced plans to invest more than $65 million to construct a desugarization facility at its factory located at 2600 S. Euclid Ave. in Bay County’s Monitor Township (commonly known as the company’s Bay City factory).
The facility will allow Michigan Sugar Company to produce up to an additional 80 million pounds of pure, all-natural sugar annually from molasses that is a byproduct of the process through which sugar is extracted from sugarbeets. Currently, Michigan Sugar Company has the capacity to extract additional sugar from 60% of its molasses. The new facility will allow the company to extract additional sugar from 100% of its molasses.
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This $65+ million announcement follows the company’s announcement of a $2 million investment to expand their packaging operation at the Bay City facility. The project also includes installation of a new brown sugar packaging machine, sugar transport system and the infrastructure to add another line in the future.
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Bay County Leaders Tour SK Siltron CSS
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Pictured above (left to right) Megan Manning, Bay Future, Inc.; Madison Jarmon, Consumers Energy; Duane Gohr, Valley Center Technology Park Owner’s Association/ Lyondellbasell; Terry Spencer, Monitor Township Supervisor; Jim Barcia, Bay County Executive; Vaugh Begick, Bay County Commissioner; SK Siltron CSS: Jianwei Dong, CEO; Richard Groves, Capital Projects and Facility Leader; Tiffany Kukla, HR Leader; Ed Sanchez, VP of Technologies and Operations; Ilgoo Jeong, Corporate Officer
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Last month, SK Siltron CSS shared news of a $302 million investment in Bay County, Michigan. The silicon carbide (SiC) wafer manufacturer has plans to create 150 high-paying, skilled jobs over the next three years, to support U.S. electric vehicle production. Read full press release here.
Bay County community leaders had the opportunity to meet with SK Siltron CSS leadership facility last week. During the meeting they learned about the history of the organization as well as plans for growth, details of the cutting edge silicon carbide wafer technology, along with an opportunity to tour the current manufacturing space.
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Bay County Featured in Business in Focus Magazine
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In a state that is known for its automotive history, leading the charge to drive the local economy forward in Bay County, Michigan is Bay Future, Inc. The economic development organization has found ways to rally communal support for the local economy and community well-being at a time when it was needed most, during the COVID-19 pandemic.
Read the full article below!
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Independent Bank – Meet Mike Stodolak
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