Adient To Establish Global Headquarters In Detroit, Michigan
12/07/2016
The company will invest approximately $50 million into renovating the building to establish its global headquarters and bring roughly 500 jobs to the city of Detroit, of which approximately 100 will be newly created. Adient will work with the city to fill as many of those jobs as possible with Detroit residents.
"We are excited to be a part of the growth occurring in the City of Detroit," said Adient Chairman & CEO R. Bruce McDonald. "It's only fitting that we locate Adient's global headquarters in the Motor City, and we have to thank the City of Detroit and the State of Michigan for the opportunity. Not only will we be bringing 500 jobs to downtown, we will also bring our history and commitment to supporting and partnering with communities where we operate. We are committed to being a good neighbor, a good corporate citizen and a vital part of the community."
For selecting Michigan as the site of its global headquarters, Adient will receive approximately $2 million from the Michigan Business Development Program for new job creation. The company looked at 40 potential sites within and outside of Michigan for its headquarters and ultimately selected the Marquette Building. In the coming weeks, a proposal will be sent to the City Council on a package of city incentives expected to include property tax abatements and brownfield tax credits.
"Adient's decision to locate its global headquarters in Detroit is both strategic and symbolic. We welcome Adient and appreciate their long-term commitment to the economic viability of Detroit and to being a key player in the automotive industry in Michigan, where they become part of a manufacturing and R&D community that is transforming the future of the auto industry and transportation around the world," said Steve Arwood, MEDC CEO.
"We are going to undertake a complete renovation of the Marquette Building while preserving and honoring its place in the history of Detroit," said Adient Chief Human Resources Officer Neil Marchuk. "Our employees, customers and suppliers will have a world-class facility to work in and visit, complete with collaborative work spaces, a product showroom, fitness center, food services, rooftop terrace and technologically efficient work spaces."
Adient will be consolidating corporate functions from various Michigan locations to the downtown Detroit building once renovations are completed in approximately 24 months. In addition to the Detroit investment, Adient intends to refurbish its technology and engineering center in Plymouth, Michigan.
"We are launching a 3- to 4-year project to completely restructure our Plymouth Technology Center," said Marchuk. "Plans include creating agile team spaces that promote collaboration among internal teams, customers and suppliers." The company is still determining the required level of investment for its Plymouth facility.
Project Announcements
Zekelman Industries Expands Blytheville, Arkansas, Operations
04/19/2024
Fibrebond Corporation Expands Webster Parish, Louisiana, Operations
04/19/2024
Master Steel Expands Hardeeville, South Carolina, Operations
04/19/2024
L3Harris Technologies Expands Orange County, Virginia, Operations
04/18/2024
Republic Airways Holdings Plans Tuskegee, Alabama, Training Operations
04/18/2024
South Africa-Based Radel Plans Winston-Salem, North Carolina, Operations
04/18/2024
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
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024