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August 27, 2020

Detroit Manufacturing Systems invests in Michigan

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.

By Sam Duke

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.

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How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • 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
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
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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."

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • 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
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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