Gov. Rick Snyder announced an expansion of operations by Fuyao Automotive North America in Orion Township, Michigan.
During an economic development trip to China in 2012, the Governor had put forward Michigan as an expansion location to the company‚Äôs leadership in Shanghai.
Fuyao will be investing $15.3 million for the expansion project, which is expected to create 102 new full-time jobs in Oakland County.
Gov. Snyder said that Fuyao‚Äôs expansion in Michigan tells global companies that the state holds great opportunities for growing their business. The Governor added that Michigan leads the country in creating new manufacturing jobs, and the jobs resulting from Fuyao‚Äôs growth will keep the state moving in the right direction.
Fuyao Automotive North America Inc., a subsidiary of Fuyao Glass Industry Group, was established in 2008 to manage the company‚Äôs automotive glass supply and service to North American automotive OEMs.
They are now expanding the Orion Township operations to install equipment for manufacturing auto glass assembly parts.
Chris Feng, president of Fuyao Automotive North America, said that Michigan is the undeniable capital state of North America‚Äôs automotive industry, and Fuyao has employed more than 100 people in Orion Township since its beginning in 2008.
Feng added that he is confident that the dedicated workforce, OEM network, supply base and pro-business environment in Michigan will support Fuyao‚Äôs growth in the state and the U.S.
For this expansion, Michigan was competing with sites in Alabama, Georgia and Ohio. Back in January 2014, Fuyao chose a former GM assembly plant in the City of Moraine, OH for establishing a new $200 million glass manufacturing facility.
This time, the Michigan Economic Development Corp. (MEDC) secured the expansion project by offering the company a $1 million performance-based grant from the Michigan Strategic Fund. Orion Township is additionally providing local incentives in the form of a property tax abatement.
MEDC President and CEO Michael A. Finney said that Gov. Snyder‚Äôs meeting with Fuyao executives in China demonstrated their commitment to helping companies expand their auto presence.¬†Finney added that the meeting delivered the message that there is no better place in North America for Chinese companies to expand than in Michigan.
The MEDC has scheduled another trade mission to China in August 2014. Eligible SMEs in Michigan who want to be a part of the mission can receive 50 percent reimbursement of their participation fee and travel expenses under the State Trade Export Promotion (STEP) grant program.