A tribal-owned economic development company will continue its investment in Muskegon through a new acquisition.
Waséyabek Development Company said today that it has purchased the manufacturing plant that houses RSI of West Michigan as well as nearby vacant land for possible future expansion along Muskegon’s Getty Street.
Deidra Mitchell, president and CEO of WDC, said the purchase was part of the company’s long-term business strategy.
“This purchase is a continuation of our investment in the Muskegon community,” she said. “As a tribally owned business, we are always looking to invest and grow our investments in West Michigan and thereby strengthen the overall business climate near the tribal ancestral lands.”
The 30,000 square foot building is located on 2.69 acres of land in the Getty Street Development in Muskegon. The adjacent vacant land is 4.52 acres and extends south of the RSI plant towards Nims Street.
RSI of West Michigan was purchased by WDC in 2020. At the time, former company owner Paul Kuyt elected to stay with WDC as president and retain ownership of the facility.
“Working with the tribe and WDC has been an amazing experience,” Kuyt said. “When you understand that their goals are focused on the next seven generations rather than quick short-term profits, it sets a tone that allows us to dream bigger dreams that will stand the test of time.”
The sale was completed on September 12. The conditions of purchase of the building and the land are not published.
It is the 25th entity in WDC’s economic portfolio, serving as the economic development arm of the Nottawaseppi Huron Band of Potawatomi Indians (NHBP).