Tecomet Expansion
Tecomet, formerly known as Symmetry Medical, has been steadily growing over the last few decades by investing in South Lansing and creating good jobs for our local citizens. The city of Lansing and LEAP have assisted Tecomet with each of their past expansions, forming a strong partnership over the years. As a result, more than 400 people are now employed at Tecomet in Lansing. Tecomet sells their products throughout the world, bringing money back to Lansing and creating a large economic impact locally. Now, Tecomet is ready to expand again in South Lansing and the city, the Michigan Economic Development Corporation (MEDC) and the Capital Area Michigan Works! (CAMW!) are ready to help them continue to grow. The company plans to invest $14.5 million into a partially vacant building and create 160 new jobs over the next three years. The MEDC has offered to use its Business Development Program to provide an estimated $640,000 to the project. CAMW! Has offered talent recruitment and training services valued at $113,000.