Three companies to invest $27.6 million in MichiganThe Michigan Economic Development Corp. has announced that three companies will be expanding and adding jobs in. The expansions are expected to generate nearly $27.6 million in new capital investment and create 494 jobs.
Advance Eng. Co., a metal stamping and plastic thermoform company, plans to consolidate its metal divisions from Ohio and Redford, Mich., and locate the operations in a newly acquired building in Canton, Mich. The project will generate up to $6.5 million in total capital investment and create 150 new jobs.
Magna Exteriors and Interiors USA Inc., DBA Magna Interior Trim, plans to expand its Michigan locations in China and Benzonia, investing $3.6 million and creating 274 jobs. The expansion is a result of the company’s acquiring two new contracts to supply door trim molded parts and subcomponents.
The Mann+Hummel Group, a filtration system provider and original equipment supplier to the automotive and mechanical engineering industries, is considering expanding its existing operations in Portage, Mich., after winning new business requiring additional manufacturing space. The project will generate up to $17.4 million in new investment and create 70 new jobs.