Waséyabek Development Company Becomes Majority Owner of World Class Electronics Manufacturer Based in West Michigan
GRAND RAPIDS, Mich. (January 5, 2022) — Waséyabek Development Company (WDC) today announced its investment in Safari Circuits, an Otsego, Michigan based manufacturing services firm. Safari is an innovative leader in electronics manufacturing, engineering services, and supply chain management.
“We are extremely pleased to add Safari Circuits to the WDC portfolio,” said President and CEO Deidra Mitchell. “Safari is an established leader in the electronics manufacturing field, powered by their highly skilled staff and leadership. It fulfills WDC’s desire to expand its manufacturing, medical, and Federal
Safari was founded in 1985 and serves clients in the medical, instrumentation, industrial, automotive, and military sectors. It employs more than 150 people.
“As the founder of Safari, it was important to me to find a majority investor who would maintain our commitment to employees, the community, and our customers,” said CEO, Larry Cain. “We believe the leadership at Waséyabek Development Company shares that commitment and will carry on that legacy.”
This new investment adds to WDC’s portfolio diversification of non-gaming investments, including its October 2021 co-investment with Gun Lake Investments into Zip Xpress/Green Transportation in Holland.
“Waséyabek is proud to invest in locally-based companies that generate jobs and income in this region,” said WDC Board Acting Chair, Chris Rogers. “As the majority owner of Safari Circuits, we will work with the leadership to grow the firm, which in turn will strengthen the overall economy in Southwest Michigan.”
Terms of the deal were not disclosed.
“Our goal when we established WDC was to have a positive and lasting impact on this region where our ancestors first settled,” said Jamie Stuck, Chair of the Nottawaseppi Huron Band of the Potawatomi Tribal Council. “We feel this investment will benefit our Tribal Members, the local economy, and all the people who call West Michigan home.”
ABOUT WASĖYABEK DEVELOPMENT COMPANY
Waséyabek Development Company, LLC, is a 100% Tribally-owned holding company that manages the Nottawaseppi Huron Band of Potawatomi’s non-gaming economic development activities. By investing and acquiring diverse businesses and real estate properties on behalf of the members of the Band, WDC contributes to the Tribe’s long-term success and economic self-sufficiency by providing revenue and employment opportunities for Tribal Members.
ABOUT SAFARI CIRCUITS
Founded in 1985, Safari Circuits provides world-class electronics development and manufacturing services to customers, large and small, in support of their mission to create intelligent, safe, cost-effective solutions for their customers and markets. We specialize in electronics manufacturing services, engineering services and supply chain
World Class Electronics