Magneti Marelli Expands Auburn Hills, Michigan, Hub
01/23/2019
The project is expected to generate private investment of more than $12.5 million and create 106 jobs, resulting in a $1.59 million Michigan Business Development Program performance-based grant, according to the Michigan Economic Development Corporation. In addition, the city of Auburn Hills has offered staff time in support of the project.
The company is looking to grow and invest in its North American headquarters to further strengthen its R&D, technology, and professional labor capabilities, officials explained. The company plans to expand at its facility, hire new employees, construct new labs and add machinery.
“We are honored that Magneti Marelli has chosen to continue its growth in Auburn Hills. This new investment will allow Magneti Marelli to continue developing technologies that will contribute to the advancement of mobility,” said Auburn Hills Mayor Kevin McDaniel. “We are excited about Magneti Marelli’s reinvestment and the additional jobs it will bring to Auburn Hills.”
Project Announcements
Campbell Soup Company Expands Richmond, Utah, Baking Operations
03/17/2024
Quantum Fuel Systems Plans Wixom, Michigan, Manufacturing Operations
03/17/2024
The Paslin Company Expands Pontiac-Shelby-Warren, Michigan, Operations
03/17/2024
Schneider Electric Plans-Expands Mt Juliet-Smyrna, Tennessee, Production Operations
03/15/2024
FreezPak Logistics Plans Suffolk, Virginia, Cold Storage Operations
03/15/2024
FrameTec Plans Casa Grande, Arizona, Production Operations
03/15/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The Logistics Analysis That Drives Industrial Site Selection
Q4 2023
-
AI 101 for Site Selection
Q4 2023
-
Technology’s Influence on Workforce Development
Workforce Q4 2023
-
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects
Q3 2023
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023