Global Trade Alert
Global Trade Alert

United States of America/State of Michigan: $11,200,000 in collateral to Kalkaska Screw Products Inc

Announcement

08 Dec 2017

In 2017 Michigan provided financial support to a manufacturing firm.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

08 Dec 2017

Revocation date:

No revocation date

Loan guarantee In force

The Michigan Strategic Fund Act was enacted in 1984. One of its instruments is the Michigan Collateral Support Program, which balances a borrower’s collateral shortfall by depositing cash collateral i...

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