Four Michigan companies have received $355 million in federal grant funds that are expected to create thousands of jobs in the clean energy sector.
A new report finds at least 58 new Michigan projects have been created since the passage of President Joe Biden’s Inflation Reduction Act. Michigan is now among the top four states for manufacturing in wind and solar power, batteries, and electric vehicles.
Annick Anctil, an engineering associate professor at Michigan State University, says the state is well-positioned to become an industry leader.
“I think it put Michigan in a really good position for being the future of electric vehicle manufacturing,” Antcil said. “I think it’s making sure there’s a transition from combustion vehicles to electric vehicles.”
The grant awards went to NanoGraf, a maker of EV battery materials in Flint; Revex Technologies, which processes metal-bearing waste streams in Marquette; Mitrachem, which develops lithium iron phosphates in Muskegon; and Cabot Corporation, which produces energy storage materials in Van Buren Township.