2023 State of the Region

PROSPERITY  | RECENT PROJECTS

Big Rapids Products

The Mecosta-County-based metal stampings and assembly company announced plans in August 2023 to build an additional 70,000-square-foot facility. The project is expected to add 60 jobs and generate $3 million in capital investment. The company specializes in stainless steel products ranging from vehicle exhaust systems to appliance parts.

Jireh Metals

Jireh Metals invested nearly $1.6 million in May 2023 to expand its metal stamping and fabrication facility in Walker. The minority-owned supplier plans to create 50 new jobs through the project, which will vertically integrate the company’s fabrication and assembly operations.

Falk Panel

Falk Panel announced a $35 million investment in October 2023 to expand its facility in Walker. The company, which manufactures insulated metal paneling systems, plans to create a new production line with the investment, yielding 45 new jobs.

Payload CMS

This Silicon Valley-backed company invested nearly $1 million to create 55 jobs in Greater Grand Rapids in October 2023. Payload CMS, which provides a digital content management platform and framework for enterprise engineering and marketing teams, began as a startup in the region. The investment will be used to fund a 1,600 square- foot addition to the company’s office.

Gentex Corporation

In September 2023, Gentex Corporation opened a technology hub in downtown Grand Rapids. The manufacturer of advanced electro-optical products for the automotive, aerospace, and fire protection industries created the space, in part, to help attract and retain top engineering and software talent from across Greater Grand Rapids. The facility is designed to hold more than 100 team members.

TiiCKER

TiiCKER announced a $4.8 million expansion project in Greater Grand Rapids in May 2023. The company, which designed a digital shareholder loyalty and engagement platform, plans to create 73 jobs over the next three years as part of the expansion.

STATE OF THE REGION 2023 | 20

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