Michigan adds nearly 600 jobs in auto, EV and semiconductors

URLhttps://www.mlive.com/public-interest/2022/05/mich
SourceM Live
Date Published05/25/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Axiom Engineered Systems
Parent companyAxiom Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):200
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):13.3
Country(ies) from which reshored:Canada
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredplastic injection
What domestic positive factors made reshoring more attractive?Government Incentives, Under-utilized capacity
Government Incentive dollar amount:$1.24 million Michigan Business Development Progra
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