Two Companies Plan Expansion Projects with Michigan Strategic Fund Incentives
The company’s expansion project is expected to generate a total private investment of $4.9 million and create 500 new jobs, resulting in a $3.75 million Michigan Business Development Program performance-based grant.
US Roof, LLC, a subsidiary of Inteva Products is looking to lease a new facility in Oakland or Wayne county to increase its capacity to meet the needs of Michigan automakers. The facility will encompass an office, tech center, production and warehousing and is expected to generate a total capital investment of $13.8 million while creating 334 jobs. The project will result in a $3.34 million Michigan Business Development Program performance-based grant.
Inteva Products, was founded in 2018 to run Inteva’s Roof Systems business, meeting automakers’ needs for modernized roofing technologies from award-winning panoramic sunroofs to innovative sliding technologies.
“Inteva Products is pleased to bring additional jobs and technology to Michigan to support the business growth we’ve experienced with global automakers. This will be Inteva’s third site in Michigan, in addition to our World Headquarters in Troy and our manufacturing facility in Adrian,” said Inteva Global Director of Government Relations, Marketing and Communications Karen Manardo. “We’ve also made capital investments in those sites in recent years in order to support growth and are appreciative of the support we’ve received on an ongoing basis throughout Michigan.”
“I am excited at the prospect that U.S. Roof will locate its new headquarters and manufacturing operation in Michigan,” said Wayne County Executive Warren C. Evans. “The type of innovation that has made their products the industry leader is yet another indication that Michigan remains a key location where innovation and state-of-the-art manufacturing thrives.”
“Oakland County is pleased to assist U.S. Roof with its expansion. We welcome quality firms and jobs into our county and the Metro Detroit region,” said Oakland County Executive L. Brooks Patterson. “With multiple Michigan locations under consideration, along with an out-of-state site, this is one example where the state and our region worked together to keep jobs and investment in Michigan.”
“As a region, we really do play together in the sandbox for jobs and investment,” said Oakland County Senior Business Development Representative Mark Adams.
French-Based Advanced Accelerator Applications Plans Cancer Drug Production Campus in Indianapolis, Indiana
2019 Leading Metro Locations: Pacific and South-Atlantic Metros Dominate the List
Finding Talent in a Time of Economic Change
Hitting the Reset Button: How to Pivot the Perception of Economic Development
Innovation in America Reaches New Heights
Mid-size Markets Competing for Business and Winning
A Site Selector’s Checklist for Locating in the U.S.
Location USA 2019