Michigan Strategic Fund OKs incentives for two expansions

LANSING (AP) - The Michigan Strategic Fund has approved incentives to support expansions by two companies in southeastern Michigan.

The Michigan Economic Development Corp. says the projects are expected to generate more than $9.3 million in investments and create 190 new jobs.

Birmingham-based Sanctus LLC, which does business as Shift Digital, is a digital marketing and technology company for the auto industry. It's getting a $465,000 Michigan Business Development Program performance-based grant for its expansion plans.

The state says the project includes capital investment of nearly $2.3 million and is expected to create 93 jobs.

Meanwhile, the state says auto industry supplier TI Automotive plans to consolidate some of its corporate offices in Auburn Hills, investing more than $7 million and creating 97 jobs. The company is getting a $500,000 performance-based grant.

Published: Tue, Aug 11, 2015