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
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
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
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
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