US-based automotive supplier Flex-N-Gate is set to construct a new $95M manufacturing facility in Detroit, Michigan.
The new plant, to be built on a 30-acre site located on Detroit’s eastside in the I-94 Industrial Park, will supply parts to Ford Motor Company.
The project has received two important approvals last week: the Michigan Strategic Fund board approved a $3.5M Business Development Program grant to incentivise the supplier to expand its Michigan operations, and the Economic Development Corporation of the City of Detroit (EDC) approved the sale of 30-acres in the industrial park to Flex-N-Gate.
Flex-N-Gate owner Shahid Khan said: “Building a new plant from the ground up within the Detroit city limits will be a milestone moment for Flex-N-Gate, made possible thanks to our partnership and collaboration with Ford, the City of Detroit and the State of Michigan.”
“Their collective support and vision to convert a neglected urban area into a manufacturing centre that will create hundreds of new, sustainable and well-paying jobs here in Detroit has been nothing short of spectacular. We are grateful and looking forward to seeing this project become a reality.”
The project will create up to 650 new jobs in Detroit over the next three years, with the possibility of adding up to 750 total jobs at its full capacity.
* Data provided by Timetric's Construction Intelligence Center.