Eight automotive suppliers to expand Mich. operations
Feb 12, 2013 | 01:50 PM
| Corinna Petry
Tags
automotive suppliers,
Moran Iron Works,
Leenawee Stamping,
Cosma International,
Magna International,
Axle Alliance,
Integrated Manufacturing & Assembly,
Van-Rob
Lear
CHICAGO — The Michigan Strategic Fund has approved state incentives to support expansions at eight automotive parts and systems manufacturers. The companies are planning to invest nearly $500 million combined and create almost 3,000 jobs.
The state approved $1.6 million in incentives for Sindelfingen, Germany-based Cosma International to open a $162-million casting components and systems facility in Battle Creek, Mich., which will employ up to 572 people.
Southfield, Mich.-based Denso International America Inc., which designs and engineers powertrain, climate controls, body electronics and safety products, will invest $45.7 million to expand its new-product research and development operations in Southfield, creating 176 jobs. Denso won a $1.54-million grant.....
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