Two business expansion projects in Rochester Hills and Adrian and a community revitalization project in Detroit’s Brush Park neighborhood are expected to create 161 new jobs and generate a total private investment of $21.7 million in Southeast Michigan.
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BOS Automotive Products, Inc. is a division of Baumeister & Ostler GmbH, a global automotive components manufacturer headquartered in Stuttgart, Germany. The company currently has 66 employees at its facility in Rochester Hills.
BOS is expanding production of its first-to-market, fully retractable electric protective cargo cover intended specifically for Rivian R1T electric truck beds. The company plans to expand at its Rochester Hills facility, including adding production square footage, additional dock access, a lab, and warehouse space.
The project is expected to generate a total capital investment of $1.1 million and create 50 jobs, supported by a $225,000 Michigan Business Development Program performance-based grant. Michigan was chosen for the project over competing sites in Illinois and Mexico.
Daejin Advanced Materials USA, Inc., a subsidiary of South Korean firm Daejin Advanced Materials, was established in 2019 to research and manufacture special polymers for batteries. The company is heavily involved in the growing electric vehicle market and will be supporting R&D for multiple customers in the North American market.
Daejin plans to establish operations in North American that will allow it to further develop and produce materials that support EV battery cells. The company plans to renovate an existing facility in the city of Adrian that will support existing companies already located in the Midwest, allowing the company to keep on pace to meet the tight deadlines of its clients.
The city of Adrian is engaged with MEDC’s RRC program and is a Michigan Main Street Select Level community.
The project is expected to generate a total capital investment of $12.3 million and create 111 jobs, supported by a $500,000 Michigan Business Development Program performance-based grant. Michigan was chosen for the project over competing sites in Ohio and Tennessee.
The project will bring immediate advanced manufacturing jobs to the area and further boosts Michigan’s expertise within the advanced battery and electric vehicle industry. In addition, the project represents the company’s first location in North America and will allow the company to support future developments and expansions.
The city of Adrian has offered to support the project with finding candidates for the newly created positions.
The 112 Edmund Place Redevelopment Project will include the construction of 16 new for-sale condominiums on a vacant site in the Brush Park neighborhood of Detroit. When completed, the building will include one- and two-bedroom units with rooftop terraces. The project also includes public infrastructure improvements including alley and sidewalk improvements, streetlights and utilities.
The project is expected to generate a total capital investment of $8.2 million and will reactivate vacant property into a community development that will provide needed housing in the neighborhood. The project is also expected to further catalyze economic growth in the area and will expand the tax base for the city. ■