Michigan entered in to the final four with high hopes and emerged the victor, beating out three other states in the process.
This isn’t college basketball we’re talking about but instead a tournament of jobs. While there isn’t a trophy to hoist–that we know of, at least–there are approximately 500 new jobs and $20 million in private investment to tout.
The global technology and mobility company Aptiv recently announced that it will be renovating its facilities in suburban Troy, Michigan, creating 500 new jobs in the engineering- and software-related fields. The Troy technical center will serve as a mobility research and development facility for the company.
As a result of the investment, the Michigan Strategic Fund (MSF) approved a 100 percent Good Jobs for Michigan tax capture for up to 10 years valued at $30.6 million.
“[Michigan] Governor [Rick] Snyder met with Aptiv executives last year and made the case that there is no better place in North America for high-tech companies to expand and succeed than Michigan,” says Jeff Mason, chief executive officer of MEDC, the state’s chief marketing and business attraction arm that administers programs and performs due diligence on behalf of the MSF.
“Aptiv’s investment is a catalyst for attracting other technology companies and underscores the strength of the state’s high-tech automotive assets.”
The Dublin, Ireland-headquartered Aptiv has approximately 150,000 employees across 14 technical centers, as well as manufacturing sites and customer support centers in 45 countries.
Justin Robinson, vice president of business attraction for the Detroit Regional Chamber, characterizes Aptiv’s decision to invest in Troy, “A tremendous win for the region,” and, “A testament to our ecosystem’s continued strength as a global center for leading mobility companies.”
Those interested in careers at Aptiv can view opportunities online.