DETROIT ? VernDale Products has received a $436,000 incentive from the Michigan Strategic Fund to add a second milk production facility in Detroit.
?VernDale Products? investment and expansion into a second major facility in the City of Detroit is a testament to the city?s geographic economic strengths and fertile ground for business growth and development,? said MEDC President and CEO Michael A. Finney. ?This company?s success and commitment to Detroit give us great confidence in our support of this project.?
VernDale Products, Inc., established in 1958 in the City of Detroit, uses an artisanal method to produce powdered milk that is used by premium chocolate manufacturers. VernDale plans to renovate an abandoned building at 18940 Weaver St. in Detroit into a second milk production facility, investing nearly $16 million and adding 13 jobs. As a result of the expansion, the company has been awarded a $436,000 Michigan Business Development Program incentive. The City of Detroit has established a Plant Rehabilitation District for the project, along with offering property tax abatement incentives.
?Our niche market position has enabled us to grow to a point where a second manufacturing site is needed. We are proud to have been a member of the Detroit business community for over 54 years, and very excited to be reinvesting in, and a part of the City?s revitalization,? said VernDale Products President Dale Johnson. ?I want to thank the Michigan Economic Development Corp. and the Michigan Strategic Fund for its support of our project.?
