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Auto Supplier Signs Industrial Lease for Space in Harper Woods, Michigan

Posted By: CoStar on November 10, 2023.  For more information, please click here to read the source article.   Automotive supplier Thai Summit America Corp. recently finalized a lease agreement to secure 297,100 square feet at the Eastland Commerce Center in Harper Woods, Michigan. Thai Summit is expanding in Michigan with its newest lease as it already has […]

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MEDC OKs $5M grant for $41M Samsung expansion, 368 new jobs in Auburn Hills

Posted By: The Detroit News on September 26, 2023.  For more information, please click here to read the source article. The Michigan Strategic Fund board on Tuesday approved a $5 million grant for Samsung SDI America Inc.’s plans to expand two facilities in Auburn Hills, creating up to 368 jobs. According to an MEDC briefing memo, the $41 […]

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Shape Corp. in Grand Haven Advances Aluminum Applications for Auto Industry

Posted By: DBUSINESS on July 20, 2023.  For more information, please click here to read the source article. Shape Corp. in Grand Haven, a global tier one supplier, says it has made advancements in the application of complex roll formed aluminum applications for the automotive industry that can help OEMs save time and money in automotive production. In […]

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Taylor purchases former Dana credit campus, 2 other properties

Posted By: Toledo Blade on June 8, 2023.  For more information, please click here to read the source article. Taylor Automotive Family on Thursday announced the purchase of three properties in the Toledo area, including the former world headquarters of Dana Commercial Credit and ProMedica at 1801 Richards Rd. in Toledo. The Richards Road campus totals more than […]

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Ancor Automotive to Open Software Innovation Hub in Troy

Posted By: DBUSINESS on March 8, 2023.  For more information, please click here to read the source article.   Ancor Automotive, a Tier 1 automotive supplier of data management and VIN-specific label solutions, announced its plans to open a software innovation hub this May in a 2,000-square-foot space within its current global headquarters at 2360 Bellingham Dr. in […]

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Dana pivots to EV research even as legacy driveline business carries sales

Posted By: The Toledo Blade on March 12, 2023.  For more information, please click here to read the source article.   Dana Inc., a longtime maker of axles and drivelines for light to heavy-duty trucks, is investing aggressively for an electrified future. The company’s three-building, advanced technical complex and headquarters in Maumee employs about 950 people, the vast […]

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Ford details $3.5 billion electric vehicle battery plant to be built in Marshall

Posted By: The Detroit News on February 13, 2023.  For more information, please click here to read the source article. With a single multi-billion-dollar battery investment, Ford Motor Co. is signaling that Michigan will play a central role in the Dearborn automaker’s bid to secure its electric-vehicle supply chain and ramp up EV production. The Blue Oval confirmed […]

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Members-only Automotive Country Club Opens in Birmingham

Posted By: DBUSINESS on February 7, 2023.  For more information, please click here to read the source article. Out Of Office Garage (OOOG), a new country club in Birmingham, has opened a members-only auto enthusiast club located at 2400 Cole St. “Our car community has been asking for a club like this for years, so we put our […]

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Gentex to open production facility in Grand Rapids

Posted By: The Lakeshore West Michigan on February 12, 2023.  For more information, please click here to read the source article. Ottawa County’s largest employer is expanding into Kent County. Gentex Corporation has announced plans for a new satellite production facility that will bring 50 new jobs to the Madison Square neighborhood of Grand Rapids. By broadening its […]

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Cepton in Troy Closes on $100M Investment from Japan’s Koito Manufacturing

Posted By: DBUSINESS on January 23, 2023.  For more information, please click here to read the source article. Cepton Inc., a Silicon Valley provider of high performance lidar solutions with a Center of Excellence in Troy, has completed its previously announced $100 million investment from its long-term automotive Tier 1 partner and current shareholder Koito Manufacturing Co. Ltd. […]

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These Australian Entrepreneurs Hope Combining Offices and Storage Units Stirs US Demand

Posted By: CoStar on November 18, 2022.  For more information, please click here to read the source article.   Two entrepreneurs from Australia picked Austin, Texas, to open their first U.S. commercial condominium project where tenants own their office or storage space, and plans are in the works to expand the concept into multiple cities across the country […]

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Tesla plans electric vehicle R&D, repair facility in Southfield

Posted By: The Detroit News on November 4, 2022.  For more information, please click here to read the source article.   Tesla Inc. has received approval from the City of Southfield to move forward with expanding a building for a research and development and repair facility for electric vehicles. The city recently updated its zoning ordinance to allow […]

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Chinese LiDAR Firm RoboSense Opens North American HQ in Plymouth Township

Posted By: DBUSINESS on October 21, 2022.  For more information, please click here to read the source article. Jason Stough of Signature Associates was proud to be a part of this deal.   RoboSense, a provider of smart LiDAR sensor systems based in Shenzhen, China, today announced the opening of its North American headquarters at 46057 Five Mile […]

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Electric truck maker Via Motors eyes HQ move from Utah to Auburn Hills

Posted By: The Detroit News on October 25, 2022.  For more information, please click here to read the source article. John Boyd and Gary Stephens of Signature Associates are proud to have been a part of this deal.   Via Motors, an electric vehicle manufacturer, is considering relocating its headquarters from Utah to Auburn Hills to grow its […]

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Michigan Strategic Fund Approves Projects Totaling 1,869 Jobs, $550M in Investment

Posted By: DBUSINESS on October 26, 2022.  For more information, please click here to read the source article.   The Michigan Economic Development Corp. (MEDC) in Lansing announced Michigan Strategic Fund (MSF) approval of a wide range of new projects, that, in total, could create 1,869 jobs and generate more than $550 million in investment in the state. […]

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New EV Charging Firm FLO in Auburn Hills to Produce 250,000 Chargers

Posted By: DBUSINESS on October 5, 2022.  For more information, please click here to read the source article. Signature Associates’ Gary Stephens is proud to have been a part of this deal.   FLO, a North American electric vehicle (EV) charging company based in Quebec, Canada, cut the ribbon on its first U.S. facility located in Auburn Hills […]

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Detroit poised to land 500-job parts plant at AMC site, Duggan says

Posted By: The Detroit News on October 12, 2022.  For more information, please click here to read the source article.   Detroit Mayor Mike Duggan said Wednesday the city is “about to land” a 500-job auto parts plant on the site of the former American Motors Corp. headquarters site on Plymouth Road on Detroit’s west side. “We are […]

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Honda ups EV ante with $4.2 billion Ohio battery and plant investment

Posted By: Toledo Blade on October 11, 2022.  For more information, please click here to read the source article.   Honda is staying home in Ohio with a new $4.2 billion investment for EV production and a giant, joint venture battery plant in Fayette County, 40 miles southwest of Columbus, the company announced today. The announcement in Columbus […]

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M1 Concourse in Pontiac Will Add a Service Center for Performance Vehicles

Posted By: DBUSINESS on September 27, 2022.  For more information, please click here to read the source article.   M1 Concourse, an 87-acre motorsports community and entertainment facility in Pontiac, and Rochester Hills-based Prefix Corp., have agreed on a strategic partnership to create a new Service Center for the property, while providing private garage owners with a variety […]

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Downtown businesses expect boost from Detroit auto show’s return

Posted By: The Detroit News on September 15, 2022.  For more information, please click here to read the source article.   As the North American International Auto Show makes its return to Detroit this week for the first time in more than three years, hotels, restaurants and retailers in the city’s central business district say they’re ready and […]

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SEMA Garage Opens in Plymouth Township, Test Center for Auto Aftermarket Manufacturers

Posted By: dbusiness on August 23, 2022.  For more information, please click here to read the source article.   SEMA Garage, a new 45,000-square-foot facility for the automotive aftermarket industry and the first-ever research facility dedicated to testing and understanding how the aftermarket is impacted and can successfully work with Advanced Driver Assistance Systems (ADAS), has opened in […]

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Michigan leaders eye Marshall area land in push for big projects

Michigan officials have increased their focus on a 1,700-acre “megasite” in the Marshall area as the state pursues large and yet-to-be-named economic development projects, according to interviews and records obtained through the Freedom of Information Act. The effort to lure companies to the site, which is near the interchange of Interstate 94 and Interstate 69, […]

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New Porsche dealership to replace former Shelby Township racquetball club

The former Courtland Racquetball Club in Shelby Township is expected to be razed to make way for a new Porsche dealership. Township staff said the new dealership would be about 23,000 square feet on the east side of Mound Road and north of Hall Road/M-59. Construction could start as soon as late May or early […]

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New auto supplier factory to be built in Warren, create high-paying jobs

A new factory to supply battery materials to electric vehicles will be built in Warren, creating jobs that will pay an average of $40 an hour. Graphex Technologies and Emerald Energy Solutions said Tuesday they will build a 150,000 square-foot graphite processing facility at Emerald Business Park on Hoover Road near 8 Mile Road and Groesbeck Highway. The facility, which will cost $50 […]

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Developer plans to draw manufacturers to former GM plant site in Wyoming

More than 12 years after General Motors closed its 36th Street stamping plant in Wyoming, the site has a new owner with an eye on redevelopment. Franklin Partners LLC announced Thursday that it has bought the property now known as Site 36 after gaining approval from the Wyoming Brownfield Redevelopment Authority. Wyoming City Manager Curtis […]

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Auto supplier joint venture to bring 390 jobs to Bedrock-owned site in southwest Detroit

Bedrock announced Tuesday that LM Manufacturing, a joint venture between Magna and LAN Manufacturing, will lease 296,000 square feet of manufacturing space on its Sakthi Industrial Campus to produce automotive seating. The project is expected to create 390 jobs. Bedrock said Tuesday the lease is its first major industrial development and highlights the ongoing demand for […]

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State board OKs giving GM $824 million to lure $7 billion in EV investments

General Motors Co. and battery maker LG Energy Solution won tax incentives exceeding $824 million for up to $7 billion in new capital investment expanding GM’s EV and battery production in Michigan. The incentives include a first-of-its-kind $600 million direct taxpayer grant from the state of Michigan for GM and its partner that will subsidize the […]

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Eastland Center demolition plan moves forward with tax credits

The Eastland Center site in Harper Woods is one step closer to a $94 million redevelopment after Michigan Economic Development Corp.’s Michigan Strategic Fund board approved Tuesday tax incentives for the project. The $4.7 million in brownfield tax credits were granted to Missouri-based NorthPoint Development, which plans to build three commercial light industrial buildings totaling […]

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Former American Motors Corp. headquarters in Detroit set for $66 million redevelopment

A developer growing its industrial presence in Detroit plans to demolish the former American Motors Corp. headquarters site for a new development, likely for an automotive supplier, officials said.  Detroit Mayor Mike Duggan and other officials announced the $66 million redevelopment Thursday morning at the 2-million-square-foot abandoned AMC campus.  AMC took its headquarters to Southfield […]

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U-M forecast: Expect Michigan’s economy to recover by the end of 2023

Michigan’s economy is expected to fully recover by the end of 2023, with job growth and personal incomes set to increase in that time, according to a University of Michigan forecast released Friday. However, high inflation will continue to cut into purchasing power, the economists said, with real disposable income, which factors in taxes and rising […]

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Logistics company, auto supplier to create 424 jobs near Flint

A supply chain management company and an automotive supplier are planning to invest $23 million in Genesee County and create 424 jobs to fulfill contracts with their OEM customers. Flint-based logistics and packaging company NorthGate expects to bring 374 jobs to Burton, while Sterling Heights-based DAG Technology Inc. said it will add 50 jobs in […]

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Automotive ‘country club’ in the works for Howell site

A racecar-loving father-and-son business duo are moving forward with an ambitious plan to bring a multimillion-dollar automotive country club and garage development to a 270-acre site owned by the city of Howell. The project, Motorsports Gateway, calls for 67 private garage suite units along a 2.2-mile, European-inspired road course geared toward local car enthusiasts, said […]

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Cooper-Standard’s new Northville headquarters sells for $42 million

Cooper-Standard Automotive Inc.’s new Northville headquarters building has sold for $42 million to a New York City-based buyer. Northville Township public records list REIS-Northville LLC, registered to David Schostak of Livonia-based developer and landlord Schostak Bros. & Co., as the seller of the building at 40300 Traditions last month and Hamilton Northville LLC, which has […]

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Auburn Hills’ Faurecia Combines to Create 7th Largest Auto Supplier

Faurecia, a global automotive technology supplier with its North American headquarters in Auburn Hills, and Hella KGaA Hueck & Co., an enterprise with a similar focus on automotive technology innovation based in Germany, have announced the combination of the two companies creating the seventh largest global automotive supplier. “This combination is a unique opportunity to […]

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Auto supplier Lear to create hundreds of jobs at old Cadillac Stamping site

Auto supplier Lear Corp. said Friday that it plans to set up a seat manufacturing operation with “hundreds” of new jobs at the location of the former Cadillac Stamping Plant on Detroit’s east side. The Southfield-based supplier would presumably be a tenant in the new $48 million, 684,000-square-foot manufacturing center that is planned for the 43-acre site at 9501 Conner St. The center is […]

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Ford to build $100 million Ion Park battery lab in Romulus with tax breaks

Ford Motor Co. on Tuesday said its Ion Park battery lab, first revealed in April, will be based in Romulus at an existing facility. The automaker on Tuesday received approval from the Michigan Strategic Fund to transfer an existing Renaissance Zone that had been utilized by A123 Systems Inc. to help establish the 200,000-square-foot facility, which Ford […]

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Flex-N-Gate to invest $52 million, create 245 jobs in Troy

Flex-N-Gate to invest $52 million, create 245 jobs in Troy

Flex-N-Gate Group plans to invest $52 million and add 245 new jobs in Troy, where it is building out a new 205,000-square-foot plant. The Illinois-based tier one auto supplier will produce sequenced plastic fascias and welded underbody rear rails in the former AxleTech plant at 1400 Rochester Road, according to a Thursday news release from […]

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