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Sunday, May 19, 2024

Whitmer: Electric Components International's new facility in Southfield will 'help us stay focused on growing our economy'

Electric car

Michigan leadership hopes a new facility will bring more opportunities in EV to the state. | myenergi/Unsplash

Michigan leadership hopes a new facility will bring more opportunities in EV to the state. | myenergi/Unsplash

In a decision that Michigan political leadership is touting as an example of the success of their policies, Electric Components International, Inc. (ECI) is establishing their global Business and Engineering Solutions Center in Southfield. The company will house executive leadership staff and engineering operations in the city.

The opening of the new facility is expected to bring opportunity, innovation, and new technology to Michigan's future in mobility and electric vehicle solutions. 

"Today's expansions will help us stay focused on growing our economy, creating good-paying jobs, and continuing to lead in the advanced manufacturing, R&D, and mobility spaces," Gov. Gretchen Whitmer (D-Mich.) said in a press release. "These investments help us put Michiganders first and build on our leadership in mobility and electric solutions, bringing high-wage jobs to residents, and supporting business growth in our communities. Our economy is growing and projects like these, in partnership with the MEDC [Michigan Economic Development Corporation], will help us move Michigan forward."

Echoing those positive sentiments was Southfield Mayor Kenson Siver, who said, "The city of Southfield is pleased to welcome Electrical Components International to our ever-growing corporate community. The city's extensive infrastructure, access to a footprint of citywide fiber optics, and central location are just a few of the many reasons why so many businesses choose Southfield. We trust that ECI employees will enjoy the many amenities and conveniences of working in Southfield, 'the Center of It All.'" 

"ECI is one of the world's leading suppliers of electrical distribution systems, control box assemblies, and other critical engineered components for diversified industries," according to the release. The company possesses 37 global manufacturing locations and has hired 25,000 employees.

"We are excited to strengthen our position in Michigan and be part of a thriving technology ecosystem of business and university partnerships, focused on industry megatrends and driving innovation at an accelerated pace," Mike Balsei, CEO of ECI, said.

As the automotive industry shifts toward electric vehicles, the company is growing and expanding, according to the release. 

Supported by a $760,000 Michigan Business Development Program performance-based grant, the project is predicted to generate a capital investment of $1.3 million and create approximately 60 high-paying jobs, the release said. 

Southfield supported the project by offering a property tax subsidy. The Oakland County Economic Development program offered a $180,000 training assistance grant, according to the release. 

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