A unit of a key auto supplier was included in awards totalling US$7.3m by the Michigan Strategic Fund, a semi-public state board which funds investments to boost economic growth, according to a newspaper report.
The Detroit News said the 10-member board, part of the Michigan Economic Development Corporation (MEDC), approved Antolin Shelby, a subsidiary of Auburn Hills-based Grupo Antolin, which supplies automotive doors, seats and lighting, for a $3.6m performance-based grant expected to create 430 new jobs in Shelby Township. The company is expected to spend up to $61.2m in the Macomb County township, the report added, citing an MEDC memo.
Antolin Shelby reportedly said it did not have enough room in existing facilities for its operations and recently entered into a 10-year lease for a 350,000 sq ft facility in the Cherry Creek Industrial Park in Shelby Township.
AM General, which designs and builds vehicles for military and commercial customers, will receive a $1.4m performance-based grant expected to create 55 new jobs over three years as the company spends up to $9.5m in Auburn Hills to relocate a Livonia facility, the Detroit News said.