KENTWOOD, MI-Grandville-based X-Rite Inc. plans to invest $44.5 million to expand its operations in Kentwood. The company says it will move its corporate headquarters, including manufacturing and offices, to 4300 44th St. SE.

The move is expected to take place before the end of June 2006. At the conclusion of the expansion, the X-Rite headquarters will total 350,000 sf. X-Rite says the expansion will create room for 313 additional employees. “The basis of our evaluation was economics, long-term shareholder value, and our employees,” says Michael C. Ferrara, X-Rite’s CEO.

X-Rite worked with Pollina Consulting, who led the site evaluation process. “X-Rite was very thorough in its evaluation of all the options our team presented,” says Ron Pollina of Pollina Consulting. “As we narrowed the list of options, it was clear that this facility was optimal to support X-Rite’s long-term growth strategy.”

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