The Michigan Economic Development Corporation awarded grants Wednesday for 13 projects to stimulate economic development and job growth in the state. The awards included seven expansion projects and six brownfield redevelopment proposals.

Governor Granholm said the 10 companies and three cities receiving the incentives will invest $420 million and create 1,395 new jobs because of the awards.

Brownfield projects awards were granted to the Cities of East Lansing, Cheboygan and Port Huron for redevelopment of urban areas.

The other awards included a $45 million credit granted to the Chrysler Group LLC to support development of a new electric vehicle and a $10 million brownfield credit for redevelopment of its Sterling Heights Assembly Plant.

The MEDC awards through its Michigan Economic Growth Authority refundable tax credits against the Michigan Business Tax to companies expanding or relocating their operations in Michigan.