German Auto Supplier Invests $60 Million On Michigan Expansion, Creating 450 jobs
"Brose, with 650 employees currently in Michigan, is a global leader and vital to our automotive supply chain," said Governor Rick Snyder. "The company's decision to invest so heavily in Michigan is a strong statement of the great opportunities that, thanks to our business climate improvements, means Michigan offers growing companies one of the best business climates in the country."
"The support of the Michigan government was instrumental in our decision to open the new location here," said Scott Trujillo, Vice President of Finance for Brose North America.
The Brose Group has had a North American presence since 1993 with its U.S. headquarters and research and development center located in Auburn Hills and a manufacturing facility in Warren, Michigan.
"Governor Snyder's meeting with Brose executives in Germany underscored our strong relationship with the company and demonstrated again that Michigan is more business-friendly than ever," said Michigan Economic Development President and Chief Executive Officer Michael A. Finney. "The opening of the facility in New Boston will further strengthen Brose's Michigan presence and provide additional high paying jobs for years to come."
As part of an investment package Brose will receive a $3.5 million Michigan Business Development Program incentive, subject to Michigan Strategic Fund board approval, to acquire the former Chrysler Mopar site on Bell Road in New Boston. Brose proposes to invest up to $60 million, creating 450 new jobs at the new facility as well as at the Auburn Hills and Warren locations. Huron Charter Township also offered support in the form of a 12-year property tax abatement to the project.
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