Bill Gates-backed glass maker LuxWall plans $166M expansion, 453 jobs in Michigan
Great economic win for Michigan. I wonder where the Detroit plant would be located.
Bill Gates-backed glass maker LuxWall plans $166M expansion, 453 jobs in Michigan
Quote:
Ypsilanti-based LuxWall Inc. is considering sites in Detroit and Litchfield Township, near Hillsdale, for what is being called the "world's first high volume vacuum insulated glass production facilities," according to a briefing memo from the Michigan Economic Development Corp. The project in Litchfield calls for renovating two buildings totaling 216,000 square feet for a plant that would produce 200,000 windows annually and create 111 jobs. In Detroit, the company is evaluating sites for a 280,000-square-foot plant that would churn out 600,000 units per year and add 342 jobs. The jobs would pay an average wage of $1,653 per week plus benefits.
LuxWall was also considering sites in Indiana and Ohio for the project, according to the MEDC, which recommended a $6 million performance-based grant that was approved by the Michigan Strategic Fund board Tuesday. Officials said the grant was necessary to offset incentives proposals and lower industrial electricity rates of the other states.
“We are thrilled to be earning this significant investment by LuxWall as we continue to position Michigan as a leader in clean technology and highly advanced manufacturing,” said Quentin Messer Jr., CEO of the MEDC and president and chair of the Michigan Strategic Fund.
https://www.crainsdetroit.com/manufa...166m-expansion
