A new auto supplier company announced
on Tuesday their plans to establish a facility in Flint, bringing hundreds of
jobs.
C3 Venture Flint, a new organization
aimed at recycling plastics into auto parts, has headquartered in Flint and is
expected to create 380 new jobs in the area. The company made the announcement
following a $5.7 million Michigan Business Development Program loan from the
Michigan Strategic Fund (MSF). This loan has the ability to convert to a grant
based on job creation.