State Incentives Spark Expansion in Van Buren Township and Novi, Michigan
08/29/2018
Subaru Research and Development Inc., a U.S. subsidiary of Japan-based Subaru Corporation and North America Subaru, plans on investing in the development of a state-of-the-art technical innovation center in Van Buren Township, which is expected to create 101 jobs over the next few years.
As a result, the company has been awarded a $1.5 million Michigan Business Development Program performance-based grant. In addition Van Buren Township anticipates approval of real property tax abatement in support of the project.
According to Michigan Economic Development Corporation, Subaru was drawn to the region initially by SRD’s continuing investment in the American Center for Mobility. This newly designed technical center will incorporate the latest in advanced automotive technology and research equipment that will lead to the development of highly advanced future vehicle platforms.
“Our global brand statement is ‘Confidence in Motion,’ which expresses our relationship of building trust with customers, by our insistence on making excellent vehicles and our commitment to providing enjoyment and peace of mind to their driving experience,” said Kiminaga Shirakawa, SRD’s Vice President overseeing the project. “We are thankful to the State of Michigan, the Michigan Economic Development Corporation, Van Buren Township, and Wayne County, for helping Subaru realize our vision in Michigan and beyond.”
“This is another major investment in Wayne County and speaks to the synergy between regional assets such as Metro airport, Aerotropolis and the American Center for Mobility,” said Wayne County Executive Warren C. Evans. “This development fits in well with the continued economic growth and expansion we are experiencing, and is further evidence of the viability and attractiveness of Aerotropolis as a regional business corridor.”
“Van Buren Township is excited to welcome Subaru Research and Development to our community. Their team has been great to work with and they have really gone the extra mile in working with us on this project,” said Van Buren Township Supervisor Kevin McNamara. “We’re pleased to have worked with Subaru, Wayne County, and the MEDC to make this project happen. Their investment here underscores the value of the Detroit Region Aerotropolis to automotive R&D companies.”
In Novi Michigan KPIT, a global product engineering and solutions organization focused on the auto industry, plans to grow its Michigan presence by expanding at its current facility and later leasing a larger facility nearby. The project is expected to generate a total capital investment of $2.8 million and create 171 high-paying, high-tech jobs.
As a result, the company has been awarded a $1.1 million Michigan Business Development Program performance-based grant. Michigan was chosen over a competing site in another state. In addition, the city of Novi has offered staff time to support the company in its recruiting efforts.
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