MEDC, Ann Arbor SPARK Support Hyundai Expansion

LANSING – The Michigan Economic Development Corporation today announced that the Michigan Strategic Fund has approved a $2.5 million Michigan Business Development Program incentive for Hyundai America Technical Center, Inc. (HATCI) to expand its operations in Michigan by building a world class Hot/Cold Weather Dynamometer Test facility at its Superior Township location south of Ann Arbor. “Hyundai is a world class company and its decision to expand... [Read More...]

Hyundai American Technical Center Inc. to Expand, Receives Support from Ann Arbor SPARK, MEDC

Ann Arbor SPARK, a public-private partnership whose mission is to advance innovation-based economic development in the greater Ann Arbor region, worked with Hyundai to help the company secure more than $2.5 million in new business development incentives from the State of Michigan and Superior Township.  The funding, which is subject to approval by the Michigan Strategic Fund, will be used by Hyundai to expand an environmental chamber for extreme... [Read More...]