Shepherd Advisors

Governor Granholm announced the recipients of the state of Michigan's Clean Energy Advanced Manufacturing program, which awarded a total of $15M in grants and $5M in loans. The program isdesigned to help Michigan businesses diversify into high-growth, clean-energy industries. Shepherd's client has a specialized coating capability for high-wear metal components, and needed to expand production to meet growing demand by a Tier 1 European manufacturer of wind turbine braking systems.

Shepherd Advisors took the lead in preparing a successful proposal that led to an award of over $300,000 in grant and loan financing to purchase machinery to increase production.