Pace Industries Relocates-Plans Novi, Michigan, Headquarters
07/09/2021
Pace has leased office space that houses corporate executives, managerial, technical sales and clerical staff. The location in Novi is near a major travel hub and puts the company in proximity to the engineering talent as well as many of its automotive and non-automotive customers in the Midwest, officials said. The company has a current workforce of 360 employees in Detroit and Muskegon.
“Pace Industries recently moved its global headquarters to the Metro Detroit area for better access to our customer and supply bases, and the engaged, experienced talent that Michigan has to offer,” said Donald Hampton Jr., CEO of Pace Industries. “The MEDC, Detroit Regional Partnership, city and county all provided support with the initial move and continue to work as valued partners as we expand our team.”
According to the Michigan Economic Development Corporation, the project will be supported by a $250,000 Michigan Business Development Program performance-based grant approved by the Michigan Strategic Fund. In addition the city of Novi is offering to assist the project by providing videography, marketing assistance and recruitment support.
“We are pleased to welcome Pace Industries headquarters to Michigan as they create 64 new advanced manufacturing jobs and tap into a robust, highly skilled talent pool that stretches across all corners of the state,” said Josh Hundt, Chief Business Development Officer and Executive Vice President of the MEDC. “Today’s grand opening is yet another reminder that the ingenuity and innovation of our incredible business community here in Michigan remains unmatched. We appreciate the efforts of local partners in Novi to support this project and will work with Pace Industries as it continues to grow and add jobs for Michigan residents.”
Pace Industries, LLC provides die casting, manufacturing, and engineering solutions to global customers in the automotive, lighting, appliance and powersport industries.
“The Detroit Region is one of the best places in North America to locate a headquarters because we have one of the world’s most sophisticated supply chains and the highly skilled talent that manufacturers need to innovate and stay globally competitive,” said Maureen Donohue Krauss, president and CEO of the Detroit Regional Partnership. “The fact that our region has so many key decision-makers in automotive and mobility also gives us a major advantage.”
Project Announcements
Blue Core Labs Establishes Beaver, Utah, Operations
05/16/2022
Breeze Aviation Group Expands Provo, Utah, Hub
05/16/2022
Milwaukee Tool Expands Menomonee Falls, Wisconsin, Operations
05/16/2022
Trison Wells Establishes South Carolina, Operations
05/16/2022
France-Based Saint-Gobain ADFORS North America Expands Dublin, Georgia, Plant
05/13/2022
Moderna Plans Quebec, Canada, Manufacturing-Operations Campus
05/13/2022
Most Read
-
The Evolution of the Megasite
Q2 2022
-
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Q1 2022
-
The 2021 Top States for Doing Business Reflect Their Locational Advantages
Q3 2021
-
18th Annual Consultants Survey: Access to Major Markets and Skilled Labor Are Clients’ Primary Concerns
Q1 2022
-
2021 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts
Q2 2021
-
Driving Into An Electric Vehicle Future
Q1 2022
-
Innovative and Collaborative Design Sets the Stage for Life Science Innovation
Q2 2022