Success Stories
By definition, economic development is typically measured in terms of jobs and income. However, economic development is multi-dimensional, and its success is determined by the combination of community and business development activities that affect the community as a whole. With the NLEA's partnerships and collaborations, we are able to provide a variety of assistance to both the public and private sectors.
Petoskey Plastics Positioned for Government Contracts
Petoskey Plastics recently received key qualifications from two federal agencies that will aid the company’s efforts to sell to state, local and federal government agencies. The U.S. Small Business Administration (SBA) approved Petoskey Plastics’ application to be certified as a “Qualified HUBZone (Historically Underutilized Business Zones) Small Business Concern. They were also verified as a Veteran-Owned Small Business (VOSB) by the U.S. Department of Veteran’s Affairs (VA). Their eco-friendly products have proven to be successful in the institutional, commercial and industrial markets, and they look forward to growing sales in the government sector.
Acquisition of the Nor‐Agg Company
Thomas Moran, President and CEO of Moran Iron Works Inc., announced the recent acquisition of the former Nor‐Agg Company of Cheboygan, Michigan. Eight to ten new jobs will be created in the Cheboygan community and the industrial park will experience a much‐needed increase in activity. Click below for the complete story.
Medical Instrument Manufacturer Comes to Boyne City
Precision Edge, producer of high quality surgical medical tools, is pleased to announce their decision to build its new 34,000 plus sq.ft. manufacturing facility in Boyne City. They will invest nearly $5 million into the new plant and initially hire 30 new employees with the potential for many more. Click below for more details.
Dilworth Hotel Prepares for Facelift
The nearly century-old Dilworth Hotel in downtown Boyne City will receive state grants that will allow investors to restore the historic building and re-open next year, just in time for its 100th birthday. Restoration plans call for two restaurants, a banquet facility, outdoor dining and 27 guest rooms. Click below for the complete story.