Tier 1 auto supplier Detroit Manufacturing Systems plans to repurpose its existing facility in Detroit and also diversify and expand its capabilities to market to other industry segments.
How attractive are current investment opportunities in Europe?
- Track the M&A and Capital Raising volumes into their target market
- Identify the top sectors in the target market attracting the investments
- For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
- Assess and showcase the growth potential for various Industries in the target economy
The project is expected to generate a total private investment of $31.9 million and create 225 jobs, resulting in a $1.5 million Jobs Ready Michigan Program performance-based grant that will be used to assist with training needs. A large focus for this project is the transformation of the company's existing and new workforce into the next generation of skilled workers. This investment in new technology will result in skilled operators of advanced machinery and equipment, robotics and other automation technology.
"At Detroit Manufacturing Systems, we are creating a culture of serving and empowering others to grow, rise, and give back to accelerate a positive change in the world. That is at the core of who we are at Detroit Manufacturing Systems, which is why we are so excited and appreciative of this grant from the State of Michigan," said Bruce Smith, Chairman and CEO of Detroit Manufacturing Systems.
"This grant enables us to invest in people in an underserved area of Detroit providing economic and growth opportunities for talented individuals who will rise with us as an organization."
How attractive are current investment opportunities in Europe?
- Track the M&A and Capital Raising volumes into their target market
- Identify the top sectors in the target market attracting the investments
- For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
- Assess and showcase the growth potential for various Industries in the target economy
