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Danotek Receives Funding to Boost Export Effort
Canton Township-based Danotek Motion Technologies has been approved for funding from Michigan’s new State Trade Export Promotion program. The funding, which is approved for one year with the potential of an extension up to three additional years, will assist the company in expanding its global exports. The federal government provides 65-75 percent of the program costs, and the State of Michigan supplies the remainder. The manufacturer of permanent magnet generators and full-power converter systems already supplies wind turbine producers in Europe but is looking for other overseas opportunities.