American Axle considers $460 million EV supplier park, 1,110 jobs in Detroit
Would be a huge boost for this area of the city.
American Axle considers $460 million EV supplier park, 1,110 jobs in Detroit
Quote:
American Axle & Manufacturing Holdings Inc. is considering a $460 million electric vehicle research and supplier park adjacent to its Detroit headquarters in a project that would create 1,110 jobs, according to city documents.The plan, called Project Orb, involves the redevelopment of the 50-acre former manufacturing property near the automotive supplier's campus at Holbrook Avenue and St. Aubin Street, along the Hamtramck border.
The "office/research and supplier park" would support the "concentration of the company's EV investment in Detroit and Michigan rather than competing international and other domestic locations," according to a project synopsis included in a city document.
The axle and auto parts manufacturer, whose largest customer is General Motors Co., is seeking $100 million in statutory and discretionary incentives from the state's Critical Industry Program — part of the Strategic Outreach and Attraction Reserve Fund signed into law in late 2021.
In a statement to Crain's on Wednesday, American Axle said it had "nothing to announce and no immediate plans for development. If favorable conditions present, AAM would consider investment in Detroit thanks to our positive relationship with the City."
https://www.crainsdetroit.com/auto-s...roject-detroit
