3/21/13- Lake Trust Credit Union is looking to move its company headquarters to Livingston County, and local officials say it marks significant news and economic opportunity for the region. Ann Arbor SPARK, which contracts with the county and many local municipalities for economic development services, has been working with Lake Trust since November on its site selection process. SPARK CEO Paul Krutko says they connected with the company early in its process, promoted the regionâs assets and showed how the region can meet Lake Trustâs needs now and in the future. Its corporate headquarters are in Lansing but the company is looking to build a new $30 (m) million facility in Brighton Township on a 17-acre site with direct visibility to southbound US-23, just north of the I-96 interchange. President and CEO David Snodgrass says Lake Trust is the product of a merger that occurred about three years ago and the search for a new location has been in the works for well over a year now. He says theyâre in the process of securing the purchase agreement, which will launch a due diligence period to ensure the property can support what theyâre looking to do. Snodgrass says they could possibly begin construction in about one year from now, which would likely take between 12 to 15 months. (JM)
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