Financial

Stryker to build $130-million corporate campus in Portage, add 105 jobs

By Tom Haroldson | Special to MLive

PORTAGE, MI – Stryker Corp. plans to build a $130-million corporate campus on nearly 300 acres in Portage, creating an estimated 105 new jobs over three years.

The proposal for Stryker’s medical instruments division involves 485,000 square feet of facilities that will include a customer experience center, functioning showroom, state-of-the-art research and development lab and a bio-skills lab for research and new product development. It will also include ffice space for sales, marketing and support functions.

The new campus will be built on 288 acres of land zoned industrial and bordered by Portage Road, East Milham Avenue and Ramona Avenue that Stryker purchased in October from Pfizer Inc. for $8.5 million, according to city documents.

The land is undeveloped and is near other Stryker facilities on Portage, Sprinkle and Romence roads. The company’s world headquarters is on Airview Road, just up Portage Road from the project property.

The Michigan Economic Development Corp. announced the project Tuesday, Dec. 20 in a press release. The agency’s Michigan Strategic Fund Board approved a $1 million grant for the project. The money will be primarily used to offset recruiting and training costs.

Stryker is expected to ask the city of Portage for a tax break in February and Kalamazoo County for brownfield redevelopment assistance.

City officials, who have known of the project for weeks, are elated.

 

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Drue De Angelis

Drue is Managing Partner for The De Angelis Group, Executive Search firm exclusively for the Ortho & Spine industry.

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