Automotive supplier investing $17 million in Pontiac with new manufacturing facility

Excerpt: A Tier 1 automotive supplier is investing $17 million in the City of Pontiac to establish a new manufacturing facility.

Korea-based erae AMS USA Manufacturing, LLC, a subsidiary of erae AMS Co., Ltd., which provides driveline systems, chassis, and electronics systems and components, wants to lease a facility closer to its customer base in southeast Michigan.

The company’s investment will result in 137 new jobs and a $685,000 Michigan Business Development Program performance-based grant, which was approved by the Michigan Strategic Fund.

Read more.