Niowave Plans to Build New $202 Million Facility

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LANSING - The Niowave company is making a major new investment in mid-Michigan. On Thursday, Niowave will announce that the company plans to invest $202 million and add up to 120 new jobs at a new medical isotope production facility. The facility will be built on the grounds of the Capital Region International Airport in what is called the "Next Michigan Development Zone."

A press conference detailing the plans is scheduled for Thursday.

Niowave is a Lansing-based company founded in 2005. They make an test superconducting linear particle accelerators used in medical and other high-tech industries.

Stay with and watch News 10 Thursday for more on this major economic development for mid-Michigan.

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