China-based Fuyao Automotive North America receives $1 million boostAll Articles
Fuyao Group, billed as China's largest automotive glass supplier and the world's second largest, plans to invest $66.3 million and create 533 jobs in Plymouth, Michigan. The Michigan Economic Development Corp. has announced Fuyao will receive a $1 million, performance-based grant from the Michigan Strategic Fund to support the project.
The company hopes to begin production inside what is now a vacant, 528,000-square-foot warehouse at 909 N. Sheldon, south of M-14. John Buzuvis, Plymouth community development director, called it Plymouth's largest industrial site, with about 32 acres.
Nicole Evans, Fuyao job recruiter, said the company hopes by late September to move 350 jobs from the Lake Orion site it has been renting and ramp up production at the Plymouth building it bought, creating 533 new jobs. "Fuyao's decision to further expand in Michigan rather than other locations means good jobs for our residents and underscores the strength of the state's manufacturing talent," said Steve Arwood, chief executive officer for MEDC.
Fuyao chairman Fuyao chairman Cho Tak Wong said at the grand opening of the Moraine plant last fall that the operation in Plymouth will eventually top $100 million and could bring close to 1,000 workers. Fuyao Automotive North America manages finishing on glass from Moraine as well as Fuyao facilities abroad. Semi-finished glass is shipped there and adhesives, priming and finishing is done.
The performance-based grant from the Michigan Strategic Fund agreement specifies the company invest at least $66.3 million and create 533 jobs in its first few years as its locations in the Detroit metro are consolidated in one plant.
Fuyao has facilities around the world and owns the world's largest glass fabrication plant in Moraine, Ohio. The company has a majority of the auto glass market in China and has been rapidly expanding in the United States. Automakers supplied by Fuyao include the Detroit's big three — General Motors Corp., Ford Motor Co. and Fiat Chrysler Automobiles.
The company bought the Plymouth site from Farmington Hills-based developer Grand Sakwa for $9.5 million. The building dates back to the 1950s and has housed businesses such as the now-defunct Western Electric, American Blind and Wallpaper and, most recently, FedEx, which Buzuvis said used only a portion of the warehouse.
Fuyao still has to receive site plan approval from the city of Plymouth, but no hurdles are expected. Buzuvis said the site is zoned light industrial. It is expected that two traffic signals and pedestrian crossing signals will be installed along Sheldon Road, in front of the Fuyao building, to help with traffic flow during busy times such as shift changes. Buzuvis said Plymouth has worked on that project with Wayne County, the MEDC and the Detroit Regional Chamber of Commerce.
To pay for it, the county has applied with the Michigan Department of Transportation for an economic development grant. Meanwhile, Evans said anyone who wants to get on a list for information about jobs at Fuyao's Plymouth plant should send an email to email@example.com.
IncentivesMonitor has tracked six global incentives deals for Fuyao Group.
The program may provide support in the form of a grant, loan, other economic assistance, or any combination, to a qualified business that makes qualified investment(s), creates qualified new jobs, or a combination of both, to a project in Michigan (“MSF Support”).
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