Flex-N-Gate, a top global auto supplier of OEM automotive products, announced plans to build a new plant in Detroit, MI to supply parts to the Ford Motor Company.
Supported by a state grant and the sale of 30 acres of land in the I-94 Industrial Park approved by the Detroit Economic Development Corporation, the company will invest $95 million and create up to 650 new jobs in Detroit over the next three years.
Potential additional investment could push the project to at least $100 million, and at full capacity, create a total of up to 750 jobs.
Furthermore, Urbana, IL-based Flex-N-Gate has committed to meeting Detroit-based hiring and contracting thresholds and to develop a comprehensive hiring plan in conjunction with the City’s Human Rights Department and Detroit Employment Solutions, Corp.
Mayor Mike Duggan said in a statement that “The fact that Flex-N-Gate has committed to such a strong local hiring and contracting plan shows the company’s deep level of commitment to being a partner with the community.”
Governor Rick Snyder likewise said that “We’re proud that Flex-N-Gate is investing in Detroit, and in the people of Detroit.”
Flex-N-Gate owner Shahid Khan said that building a new plant from the ground up within the Detroit city limits was made possible thanks to their partnership and collaboration with Ford, the City of Detroit and the State of Michigan. “Their collective support and vision to convert a neglected urban area into a manufacturing center that will create hundreds of new, sustainable and well-paying jobs here in Detroit has been nothing short of spectacular,” said Khan.
The site in question is located in the 189-acre I-94 Industrial Park, which is under control of the Economic Development Corporation of the City of Detroit. The first major new tenant in the park, LINC Logistics, opened a new $30-million, $500,000-square-foot facility immediately adjacent to the Flex-N-Gate site earlier this year.
Also, the Flex-N-Gate project is the culmination of a collaborative effort among the city of Detroit, the Detroit Economic Growth Corporation, and the Michigan Economic Development Corporation. Yesterday, MEDC announced Michigan Strategic Fund approval of a $3.5-million Business Development Program grant to incentivize the project. At the same time, the Detroit EDC approved the sale of 30 acres in the industrial park to Flex-N-Gate.
MEDC CEO Steve Arwood said in the release that “The expansion of Flex-N-Gate’s presence in Michigan demonstrates the broad range of productive possibilities for private investors and job creators when local and state economic development teams work with one of the state’s bedrock automotive companies and a privately owned auto supplier.”