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.
Battle Creek, Mich.-based Denso Manufacturing Michigan Inc., a subsidiary of Denso International America that makes automotive air conditioning and engine cooling components and systems, will invest $105 million in tooling to make advanced radiators and condensers in Battle Creek, creating 266 jobs. It won a $1.46-million state grant.
Detroit-based Axle Alliance Co. LLC, which makes axles for commercial vehicles, is expanding the line of products manufactured at its Redford Township facilities, a capital investment of more than $100 million that will create 204 jobs. The company will receive an increase in the maximum allowance for qualified new jobs under a tax credit program.
Brownstown, Mich.-based Integrated Manufacturing & Assembly LLC (IMA) will install new machinery and equipment and expand into a new facility in Detroit. The vehicle seating systems maker, which will invest $13.9 million and create 755 jobs, was awarded a $3-million grant
IMAs parent, Southfield, Mich.-based Lear Corp., will expand its operations with an additional facility in Highland Park, Mich., investing $18.75 million and creating 334 jobs. Lear won a $1.6-million grant.
Aurora, Ontario-based Van-Rob Inc., which owns subsidiaries such as Tecumseh, Mich.-based Lenawee Stamping Corp., plans to add several manufacturing programs at its Tecumseh plant, spending $30.7 million and hiring 530 people. It received a $5.3-million grant.
Moran Iron Works Inc., which makes custom large metal modular components for the automotive market, is expanding its headquarters facility in Onaway, Mich., and making dock and facility improvements at the Port of Calcite in Rogers City, Mich. Moran, which will invest $16.2 million and create 75 jobs, received a $2-million state grant.