A Michigan businessman expects to invest more than $17 million in an ongoing effort to breathe new life into the former Studebaker Corp. assembly plant in South Bend. The South Bend Tribune reports Kevin Smith is working to turn the facility into high-tech offices and commercial and restaurant space. The paper reports the South Bend native has already invested nearly $10 million into the project. The city is set to contribute nearly $8 million to the project, which includes funding for remediation and a nearby parking lot.

South Bend-based F Cubed LLC and the University of Notre Dame Turbomachinery Facility are both planning to set up operations on the old Studebaker property.

Source: South Bend Tribune

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