ARCANUM ALLOYS
The Right Place attracts alloy development company to West Michigan
The MEDC is supporting the relocation with the approval of a $162,500 Michigan Business Development Program performance-based grant. “Arcanum Alloys’ decision to move their headquarters from Silicon Valley to West Michigan ref lects the strength of our region’s high-tech talent pool and manufacturing supply chain,” said Eric Icard, Senior Business Development Manager, The Right Place, Inc. “Our region’s talented workforce combined with its strong advanced manufacturing base have made it a destination for innovative companies like ArcanumAlloys.” The City of Kentwood is supportive of Arcanum Alloys’ plans to locate in the city. “We are delighted Arcanum Alloys has chosen the City of Kentwood for their new headquarters,” said Mayor Stephen Kepley, City of Kentwood. “We look forward to working with them as they grow and create high-tech jobs in our community.” For more information on Arcanum Alloys, visit arcanumalloys.com .
manufacturing customers. This location, which will be located in the City of Kentwood on 44th St. SE., will function as both a new headquarters and R&D center. “Arcanum Alloys is looking forward to starting the next chapter of its growth story in the City of Kentwood,” said Dan Bullard, CEO of Arcanum Alloys. “We’re grateful for the support provided by The Right Place and their partners at the MEDC and City of Kentwood as we moved through this decision process.” The Right Place worked in collaboration with the company and MEDC to ensure Arcanum Alloys chose West Michigan. The Right Place also connected the company to workforce development resources at West Michigan Works! to assist with workforce recruitment and training.
A Silicon Valley alloy development company has chosen to relocate its headquarters to the West Michigan region. The project, made possible by collaboration between The Right Place and the Michigan Economic Development Corporation (MEDC), will result in the creation of 25 new high-tech jobs and a capital investment of $693,000. Arcanum Alloys’ patented technology generates revolutionary function and value by utilizing the most common metallurgical elements to create alloys whose properties at the surface and bulk are spatially segregated. The company produces 20-ton coils for some of the world’s mostwell-knownmanufacturing companies. Arcanum Alloys chose West Michigan over other competing locations to be closer to its production partner, suppliers, and
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2018 ECONOMIC SUCCESS STORIES
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