TROY ? A $1 million grant from the Michigan Strategic Fund closed the deal on a new Michigan call center for S&P Data Michigan that will spend $4.4 million and hire 420 new workers.

S&P Data Michigan LLC is a new subsidiary of S&P Data LLC which has operated since 2006 in Ontario, Cleveland, and San Diego, providing contact center solutions to Fortune 500 companies in the United States and Canada. The parent company plans to expand in Michigan to service newly acquired contracts from two major mobile companies. It will lease space in a building located at 340 E. Big Beaver Troy.

?S&P Data?s investment means Michigan residents will find good job opportunities that could well have gone to other states,? said Gov. Rick Snyder. ?Michigan is America?s comeback state and this expansion is another demonstration that we have changed Michigan in ways that now means more and better jobs and greater prosperity.?

As a result, the company has been awarded a $1 million Michigan Business Development Program performance-based grant. Michigan was chosen over competing sites in Ohio and Ontario. The City of Troy has offered support to the project through the use of municipal facilities, marketing and promotional assistance, or pre-development assistance.

The decision to launch a new location in Troy was fueled by the highly skilled and well regarded labor force, and the welcoming business climate in both the city of Troy and the state of Michigan, according to S&P Data Partner and CEO Dan Plashkes.

?Michigan is really working hard to reinvent itself. Our experience with the state and the city of Troy has truly shown that Michigan is open for business. It?s not just something they say,? Plashkes said.

Individuals interested in exploring employment opportunities with S&P Data are encouraged to visit www.spdatallc.com or email [email protected] as soon as possible. Candidates for all positions are being sought to begin operations in August 2014.

?We?re really excited to get to work in Troy. The people and business conditions are excellent,? said S&P Data Partner and COO David Borts.