Inteva Products has announced that it will be making an investment of US$23m and creating additional jobs to support new business in Michigan.
This investment will take place over the next few years to support new automotive programme contracts recently awarded to Inteva. The investment is also supported by a performance-based Michigan business development programme grant of $1.27m, as approved by the Michigan strategic fund board of the Michigan Economic Development Corporation (MEDC) in its monthly session this morning in Lansing.
The majority of the new jobs will be located at Inteva’s 980,000-square-foot manufacturing facility in Adrian, Michigan. The Adrian facility manufactures instrument panels, door modules, door trim panels and other interior parts. New technical and professional positions will be added at the Inteva world headquarters in Troy, Michigan to support the new contracts.
“We are pleased that we are able to bring this new business to Michigan,” said Inteva CEO and president Lon Offenbacher. “Further growing the size of our Michigan workforce, while significantly upgrading our facilities, is not only an investment in the future of our company but an investment in the future talent in this state. We are grateful to the MEDC for its support.”