Aerostar Manufacturing Plans Romulus, Michigan, Operations
The company is growing rapidly and plans to establish a new manufacturing facility for light to medium manufacturing, CNC machining, assembly, and other related industrial activities, according to state officials.
“After a careful analysis, we decided to expand our operations in the state of Michigan vis-a-vis states of Georgia or Indiana. We are thankful to Michigan Economic Development Corporation, Detroit Region Aerotropolis Development Corporation and the city of Romulus in helping us navigate every step of the application process in order to obtain various state and local benefits,” said Aerostar Manufacturing CEO Lalit Goel. “In the end it wasn’t just the dollars and cents, but many intangibles like manufacturing infrastructure, trained workforce and being close to many world class existing and potential customers in Michigan that tipped the scale in Michigan’s favor.” ?
The expansion is being supported by a $200,000 Michigan Business Development Program performance-based grant. In addition, The Detroit Region Aerotropolis has approved a 50-percent property tax abatement in support of the project.
“Congratulations to the entire Aerostar team on your tremendous growth and success! We appreciate your continued vote of confidence in our state and in our workforce,” said Quentin Messer, Jr., CEO of the MEDC and President and Chair of the Michigan Strategic Fund. “This project is a win for Southeast Michigan and for the entire state. We are grateful to the Governor and legislators for the continued support of the Michigan Business Development Program. We’re proud to join our local partners as we celebrate Aerostar’s expansion in Michigan and look forward to working together to grow, add jobs and provide greater opportunity for our friends and neighbors.”
Aerostar Manufacturing specializes in CNC machining and assembly for the automotive, heavy truck, defense, aerospace and other key industries and markets. The company currently has 131 employees in Michigan.
“This was truly a team effort,” said Detroit Region Aerotropolis Development Corporation Executive Director Christopher Girdwood. “We are fortunate to have great partners in the MEDC, Wayne County and the City of Romulus.”
2022 Top States for Doing Business Provide an Environment for Business Growth
2022 Top States Workforce Development Programs
The New Industrial Ecosystem
The 2021 Top States for Doing Business Reflect Their Locational Advantages
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Location Factors in the EV Industry — “Mission Critical” or “Nice to Have”?
2022 Auto/Aero Site Guide
2022 Top States Commentary: Site Selection – When You Are Good, You Win!