A company that provides assembled vehicle modules including front and rear suspensions, brake corners, front verticals and overheads to GM Detroit Hamtramck, Android Industries will expand its facility, with support from the Michigan Strategic Fund, on the campus of Focus:HOPE in Detroit, Michigan.
The Michigan Economic Development Corporation reported the expansion, which includes adding two new major platforms, is expected to generate $16.5 million in private investment and add 131 new jobs. The project will allow the company to qualify for a $500,000 Michigan Business Development Program performance-based grant.
In addition, Detroit City Council approved an Industrial Facilities Tax Exemption Certificate valued at $620,000. The approval of this incentive will help the company offset increased cost associated with the investment of new machinery and equipment.
The Detroit Economic Growth Corporation assisted Android Industries with identifying the appropriate incentives to make this expansion a reality in the City of Detroit, including assisting the company with the local incentive process and coordinating the requisite applications.
“The City of Detroit is experiencing notable gains in its primary manufacturing sector and this is a great example of public-private collaborations working together to retain employment while positioning the city to gain 131 manufacturing jobs for Detroit residents,” said Detroit Economic Growth Corporation President/CEO Rodrick T. Miller.
“Michigan is the number-one state for creating new manufacturing jobs, and the new jobs resulting from Android’s expansion mean more opportunities for Detroit residents,” said MEDC Executive Vice President/Chief Operating Officer Steve Arwood. “It is through the efforts of the City of Detroit and the Detroit Economic Growth Corporation that this expansion is taking place, and we are pleased to support the collaboration.”