Gestamp is to locate a new US$68m manufacturing facility in Chelsea, Michigan, creating 195 jobs during the next four years.
At the Chelsea site, Gestamp is establishing chassis assembly and electronic coat paint lines, as well as adding remote laser welding 3D technology.
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Ann Arbor SPARK (not-for-profit economic development organisation) provided site selection assistance to Gestamp as it looked for a facility in the region. In addition, Ann Arbor SPARK connected the company to resources at Michigan Works, which will help Gestamp find skilled labour.
"Gestamp is another leading global brand choosing Ann Arbor as a destination for expansion, resulting in one of the most significant business attractions to this region this year," said Ann Arbor SPARK president and CEO, Paul Krutko.
"Our focus on the Ann Arbor region's reputation as centre for automotive innovation is having a positive impact on our economy.
"We also want to thank CEO, Steve Arwood and the entire team at Michigan Economic Development for supporting this project.
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By GlobalData"Attracting Gestamp to the region is a great example of how it takes collaboration to make a vision a reality; in addition to receiving support from MEDC [Michigan Economic Development Corporation] Ann Arbor SPARK and City of Chelsea, Signature Associates worked with the company to find the location in Chelsea and fill a building that has been vacant for some time."
In addition to a Michigan Business Development Programme performance-based grant awarded by MEDC, the City of Chelsea offered support to the project in the form of property tax abatements.
