On May 30, 2013, Grow Michigan, LLC (GrowMI”) made a non-equity investment into Hamilton Engineering, Inc. (“Hamilton”), a Livonia-based wholesale supplier, manufacturer and distributor of certified, commercial hot water heating and boiler systems and replacement parts. GrowMI’s investment into Hamilton was made in collaboration with PNC Bank and positions Hamilton to accelerate its growth initiatives, including (i) expansion of its North, Central and South American distribution networks, (ii) potential acquisition, and (iii) to adequately address the potentially significant growth in the North American new construction and retrofit markets as they recover from the 2008-2009 CapEx contraction.