This week, the Michigan Economic Development Corporation authorized a $3-million loan to Lansing-based Niowave, Incorporated. The particle acceleration company will leverage the funds to build a $200-million medical isotope production facility near the Capital Region International Airport. It’s planning its expansion around Port Lansing, the international logistics hub that’s been sprouting up around the airport over the last few years.
Niowave is among the first private companies to invest in Port Lansing, and officials are welcoming the trend. Current State’s Kevin Lavery reports.