ANN ARBOR, MI-High-tech operator Sensicore says it will spend about $4.7 million to expand its research and manufacturing operations in Ann Arbor. The company had been considering moving its new operations to New Jersey, but a tax incentive package from the state and a new work contract with the city of Ann Arbor helped convince Sensicore to stay in Ann Arbor.

Sensicore was founded in 2000 by the Ann Arbor-based venture capital firm Ardesta LLC. Spun out of research conducted at the University of Michigan in Ann Arbor, the company has developed an innovative “lab-on-a-chip” multi-sensor device. Applications include a wide variety of environmental and municipal water quality monitoring functions, including the development of widely dispersed sensor networks to monitor the quality of water right up to the home.

With the expansion, Sensicore expects to add about 156 new jobs.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.