Samsung’s automotive battery division is planning to expand a pair of factories in suburban Detroit by 218,000 square feet in a $41 million move that would add 368 jobs.
Samsung SDI America Inc., which has its North American headquarters in Auburn Hills, Mich., would add to its 628 employees in Michigan with the new positions, expected to pay $37.50 per hour plus benefits, according to a briefing memo from the Michigan Economic Development Corp.
The expansion will support the company’s fast-growing lithium-ion battery business for electric vehicles, leading to a doubling of manufacturing capacity with the addition of a second production line, the memo said.
A $5 million performance-based grant, approved Tuesday by the Michigan Strategic Fund board, was needed to keep the investment from going to Kokomo, Ind., where the company is teaming with automaker Stellantis on a 34-gigawatt hour battery factory expected to launch in 2025.
“Additionally, the Company is considering further expansions in the Midwest United States to broaden their footprint,” the memo said. The grant “will help address the cost disadvantage of locating the project in Michigan when compared to the competing sites.”
Samsung SDI moved into its Auburn Hills location in 2019, investing $62.7 million and creating 461 jobs. That project received a$10 million MEDC grant as well as a property tax abatement from the city of Auburn Hills and a 6-mill State Education Tax abatement.
For the expansion, the company will also benefit from free advertising from the city on electronic billboards along I-75, and Oakland County Michigan Works! pledged to help in the way of workforce training.
Samsung SDI America has its North American headquarters in Auburn Hills and an office in San Jose, Calif., with global headquarters in Yongin, South Korea.
ivermectin 6mg pills – buy carbamazepine 200mg for sale order tegretol 200mg online
amoxicillin oral – combivent 100 mcg cheap oral combivent
zithromax 250mg drug – azithromycin uk order nebivolol generic
gabapentin 100mg sale – order itraconazole 100 mg sale buy sporanox 100 mg pills
order augmentin 1000mg online cheap – buy amoxiclav sale buy duloxetine online cheap
order augmentin online cheap – buy cymbalta 40mg pill order duloxetine without prescription
purchase semaglutide – buy levitra 20mg generic buy cyproheptadine 4 mg sale
zanaflex tablet – plaquenil 200mg sale hydrochlorothiazide brand
buy tadalafil 10mg pills – sildenafil india cheap sildenafil tablets
buy viagra 100mg pills – tadalafil over counter buy tadalafil 10mg online cheap
cenforce 50mg cheap – metformin cost buy metformin online cheap
generic atorvastatin – amlodipine order online purchase prinivil pill
prilosec order online – atenolol order tenormin price
buy methylprednisolone generic – medrol 16mg online brand triamcinolone 10mg
order clarinex 5mg – loratadine pill how to buy priligy
misoprostol 200mcg pills – cytotec pills diltiazem cost
acyclovir 400mg for sale – buy cheap generic zyloprim rosuvastatin 20mg without prescription
oral domperidone 10mg – order cyclobenzaprine 15mg online cheap order cyclobenzaprine 15mg online cheap
motilium without prescription – tetracycline 250mg pills buy flexeril 15mg generic
inderal uk – order methotrexate 2.5mg online buy methotrexate tablets
warfarin without prescription – buy warfarin 5mg sale order losartan 50mg for sale
levaquin price – zantac 150mg uk ranitidine 150mg tablet
purchase mobic for sale – order meloxicam 15mg sale buy generic tamsulosin for sale
zofran ca – simvastatin 20mg cost simvastatin 20mg pill
buy modafinil generic order provigil for sale brand modafinil modafinil generic cost provigil 100mg order modafinil 100mg generic buy provigil for sale
This is the compassionate of literature I in fact appreciate.
More articles like this would remedy the blogosphere richer.