LANSING — Android Industries is expanding on the campus of Focus:HOPE in Detroit with support from the Michigan Strategic Fund, the Michigan Economic Development Corp. announced Wednesday.
Android Industries Detroit LLC is a subsidiary of Android Industries LLC, headquartered in Auburn Hills. The company provides assembled vehicle modules including front and rear suspensions brake components and exterior components to General Motors’ Detroit Hamtramck plant.
The company is adding two new major platforms, requiring an expansion at its current location within the campus of Focus:Hope in the City of Detroit. The project will require a total capital investment of nearly $16.5 million and create 131 jobs, resulting in a $500,000 Michigan Business Development Program performance-based grant.
The Detroit City Council also approved an Industrial Facilities Tax Exemption Certificate valued at $620,000. The approval of this incentive will help the company offset increased cost associated with the investment of new machinery and equipment.
The Detroit Economic Growth Corp. assisted Android Industries with identifying the appropriate incentives to make this expansion a reality in Detroit, including assisting the company with the local incentive process and coordinating the requisite applications.
The Michigan Business Development Program provides grants, loans and other economic assistance to qualified businesses that make investments or create jobs in Michigan, with preference given to businesses that need additional assistance for deal-closing and for second stage gap financing.
The MSF considers a number of factors in making these awards, including: out-of-state competition, private investment in the project, business diversification opportunities, near-term job creation, wage and benefit levels of the new jobs, and net-positive return to the state. Business retention and retail projects are not eligible for consideration of these incentives.
For more on the MEDC and its initiatives, visit michiganbusiness.org. For Michigan travel news, updates and information, visit michigan.org. Michigan residents interested in seeking employment with any of Michigan’s growing companies should check mitalent.org, where more than 73,000 jobs are currently available in a variety of industries.