A Kalamazoo company is one of five Michigan firms that received funding from the state to hire ex-Pfizer Inc. workers, according to a press release today from the Michigan Economic Development Corp.

Single Source Procurement LLC, in Kalamazoo, was founded by an ex-Pfizer employee in 2003 and provides specialized purchasing and sourcing services to clients of the Southwest Michigan Innovation Center, according to the state.

The company plans to hire one former Pfizer employee with its $80,000 loan.

“Single Source Procurement is a great example of how a company based in Kalamazoo can make an impact across the state of Michigan,” said Ron Kitchens, chief executive officer of Southwest Michigan First. “By supporting their growth, we are creating jobs in the community and across the state.”

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Will Also Design Battery and Hybrid Transmission Development In-House
Ford, who just unveiled the new Focus, has also announced that it would invest an additional $450 million in its Michigan Assembly Plant in Wayne, Michigan (formerly a SUV plant). That’s on top of $550 million already invested to turn that plant into a factory for the new Focus and Electric Focus. On top of this, Ford must have realized that it will very soon be a big competitive advantage to have its own battery and hybrid transmission technology, so they’ve decided to bring that development in-house.

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