Magneti Marelli Expands Its Manufacturing Center In Oakland County, Michigan
02/01/2017
According to company officials, Automotive Lighting, the subsidiary of Magneti Marelli Spa, devoted to the automotive lighting sector, is seeing a constant growth of the business in NAFTA and the new investment satisfies the need to serve local customers in the Michigan area.
"The US market is becoming more and more important for Magneti Marelli, stated Pietro Gorlier, CEO of Magneti Marelli, and this investment enables a more powerful production platform for the lighting business, supporting in the best way possible our local customers in the Michigan region. It reaffirms our commitment and trust in the Michigan industrial and economic system, where we have our regional Headquarters, an R&D center and we employ about 380 people".
Automotive Lighting develops, manufactures and sells automotive exterior lighting products for all major OEMs worldwide. As a result of the expansion, the company has been awarded a $2 million Michigan Business Development Program performance-based grant. Independence Township has offered support to the project in the form of property tax abatement.
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