Global Automotive Supplier Moving Headquarters to Southfield

Excerpt: A global automotive supplier is moving its headquarters from New York to Michigan in a move that will result in a $4 million investment and 95 new jobs.

Truck-Lite Co., a subsidiary of Penske Company, was founded in 1955 and is currently headquartered in Falconer, N.Y. The company wants to move its corporate office to Michigan in order to be closer to the supply chain and have better access to qualified talent.

Southfield will be the new home of the company’s headquarters, according to the Michigan Economic Development Corporation.

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