Investment Summary – Wolverine Metal Stamping, Inc.

On September 30, 2013, Grow Michigan, LLC (“GrowMI”) made a non-equity investment into Wolverine Metal Stamping (“Wolverine”), a St-Joseph-based enterprise specializing in progressive and large bed robotic stamping, metal fabrication, robotic welding and value added assembly for the appliance, automotive, electrical and heavy truck industries. GrowMI’s investment into Wolverine was made in collaboration with PNC Bank’s senior financing and positions Wolverine to efficiently execute on new “booked” business. Further, Wolverine is the recipient of/participant in the MEDC Collateral Support Program.

Founded and operated in its current location since 1957, Wolverine has developed a reputation as a high-end, value add stamper focusing on higher margin, functional rather than decorative “stamp and ship” business.

Investment Summary – Wolverine Metal Stamping, Inc.