News Summary
Astemo Ltd., a Japan-based automotive components manufacturer, announces a $95 million investment to establish a regional headquarters in Wixom, Michigan. This expansion will create approximately 200 jobs, with 150 engineering roles, reinforcing Michigan’s status as a hub for advanced mobility technology. Governor Gretchen Whitmer’s trade mission to Japan highlighted the importance of attracting international investment to bolster the local economy and enhance collaboration in the automotive sector.
Wixom, Michigan — Japan-based automotive components company Astemo Ltd. has announced plans to invest $95 million to establish a regional headquarters in Wixom, Michigan, creating approximately 200 jobs in the area. The announcement was made by Governor Gretchen Whitmer during her recent trade mission to Japan and Singapore.
Astemo, known for its focus on advanced mobility solutions—such as electric powertrains, chassis systems, and autonomous driving technologies—selected Wixom for its expansion over competing sites in Ohio. This strategic decision reflects the company’s commitment to enhancing collaboration with its business units and customers, as the new facility is designed to showcase Astemo’s cutting-edge capabilities.
Of the new positions created, around 150 will be engineering roles, highlighting Astemo’s intention to bolster its technical workforce in the region. This investment aligns with Whitmer’s objective to strengthen Michigan’s automotive ecosystem and bring jobs back to the state, which has faced economic challenges in recent years.
The announcement has significant implications for Oakland County, with County Executive David Coulter noting that the investment enhances the region’s status as a hub for advanced mobility technology. The Michigan Economic Development Corporation is also involved, anticipating that Astemo will seek specific state support for the project from the Michigan Strategic Fund Board later this month.
Astemo is expected to qualify for state tax incentives aimed at job creation in Oakland County, facilitating the economic boost that the company’s expansion will provide. Currently, Astemo operates facilities in several states, including Farmington Hills, Ohio, Indiana, North Carolina, and Kentucky, and employs over 15,000 workers in North America and approximately 80,000 globally.
This investment represents a significant step for Astemo as part of a broader initiative to reinforce Michigan’s automotive industry, especially amidst ongoing budget negotiations at the state level. Whitmer’s recent trip marks her second investment mission to Japan, having previously visited the country in September 2023, underscoring her dedication to attracting international investment to Michigan.
The establishment of Astemo’s regional headquarters in Wixom is poised to drive innovation and economic development, contributing to the resurgence of Michigan’s automotive sector. With a focus on high-tech solutions and job creation, the company’s commitment to the region is a win for local employment and the future of transportation technology.
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