Hyundai’s $15M investment to lead to 50 new jobs
Hyundai is sinking $15 million into its Hyundai America Technical Center, an investment that promises to create 50 jobs in the Ann Arbor-based facility. "The Ann Arbor area has had the good fortune of being an increasingly bigger cluster of automotive research and development activity among a number of different nameplates," says Paul Krutko, president & CEO of Ann Arbor SPARK. The Ann Arbor area is home to a number research and development... [Read More...]
Continuing to Grow Locally
Ann Arbor SPARK’s Business Development team promotes the region’s unique assets to advance the economy through the attraction and retention of innovative businesses selling goods and services globally. Through continuous relations with company representatives, our team identifies and coordinates programs and incentives that can assist companies in their growth plans. Below, we highlight some of the most recent investments announced around the... [Read More...]
Liebherr-Aerospace expands facility, adds 20 jobs
Liebherr-Aerospace, located in Saline, is adding 33,000 sq ft to its existing 100,000 sq ft facility. As part of the company’s expansion, it will also add 15-20 new jobs. This expansion will help the company accommodate increased demand for its services. “Liebherr-Aerospace is able to expand in the Ann Arbor region, in part, because of its access to highly skilled, technical talent,” said Paul Krutko, Ann Arbor SPARK president... [Read More...]
Salon Vox to add another floor, open cosmetology school
The downtown Ann Arbor hair salon featured as one of ELLE magazine’s top 100 salons in the U.S. for 2009 and 2010 is getting a new ‘do. Salon Vox recently purchased the basement and first two floors of its locale at 115 W. Liberty Street. The five-year-old salon has occupied the basement and first floor of the building. With the addition of the second floor, the new footprint will be 5,400 square feet, a 50% increase in size. The extra... [Read More...]
Lakeside Software to Expand with New Ann Arbor Facility
Lakeside Software will grow its software development operations in Michigan, with a new location in Ann Arbor and an expansion to its existing operations in Bloomfield Hills. The company recently received a Michigan Economic Growth Authority (MEGA) tax credit totaling $731,244 to help encourage the expansion. Lakeside Software plans to invest $6.1 million to expand existing operations in Bloomfield Hills, as well as locate operations in Ann... [Read More...]
American Broach & Machine Company Invests $25M in Ann Arbor Expansion
American Broach & Machine Company will establish a new research and development center in the Ann Arbor region and today received a MEGA tax credit totaling $572,782 to help encourage the expansion. American Broach & Machine Company, a designer and builder of machine tools for the auto and defense sectors, plans to invest $25 million in a new research and development center in Ypsilanti. The company expects the project to create up to... [Read More...]
Eastern Leaders group has ambitious plans for 2009
Hoping to build on the success of the Spark East business incubator, the Eastern Leaders group unveiled an ambitious plan Thursday for 2009 that includes training workers for new jobs, launching a micro-loan program and developing a land bank. Read the Ann Arbor News article Read More →
