A major investment
Calumet Electronics Corp. plans to invest $51 million in the development of the nation’s first substrate factory. At the Michigan Strategic Fund board meeting Tuesday, it was announced that the Calumet Township company is set to move forward with its plans to construct the new manufacturing facility. The company’s project plan is to add a substrate factory to its existing manufacturing operation, which will position the company to apply for U.S. Department of Defense contracts and grants. The project involves the retention of 269 jobs, increasing the skills of up to 40 of those ...