Dundee, MI – Governor Jennifer M. Granholm today joined DaimlerChrysler executives in a celebratory event to announce the decision by Global Engine Alliance, LLC to build its new automotive engine manufacturing facility in Dundee, Michigan. Assistance from the Michigan Economic Development Corporation (MEDC) helped convince the company to choose Dundee for the facility, which is expected to generate 1,136 jobs for Michigan workers.
Global Engine Alliance is a joint venture between DaimlerChrysler, Hyundai, and Mitsubishi.The facility will produce a new family of 4-cylinder aluminum engines to be used in vehicles of all three automotive partners.
“This is a celebration of a new job-producing plant for Dundee and a celebration of the partnerships that are making the project possible,” Granholm said.“The collaboration between the state and local governments, business, labor, and education is a model of working together for the good of our entire state.”
The facility is expected to create 172 new jobs in the first year of operation and 400 new jobs over a five-year period.According to an economic analysis conducted by the University of Michigan, another 736 jobs could be created indirectly as a result of the increased economic activity the plant will generate.
“We are moving aggressively ahead with our plans to build a facility and begin production of a new family of fuel- and emissions-efficient power plants,” said Chrysler Group President and CEO Dieter Zetsche.“These engines will power future generations of Chrysler Group vehicles and may also supply the needs of our Alliance partners.”
Global Engine Alliance had considered locating the new facility and jobs in two other Midwest states.In February, the MEDC awarded Single Business Tax credits worth up to approximately $14.4 million over a 20-year period and up to $400,000 in Economic Development Job Training grants to encourage the company’s decision for Dundee.
Additional assistance for the company includes:
·a 50 percent abatement of the company’s new real and personal property taxes by the Village of Dundee, worth an estimated $21.9 million over 12 years;
·a $5 million Community Development Block Grant to the Village of Dundee for land acquisition, site preparation, and improvements to support the new facility; and,
·the MEDC’s support of Dundee’s application for road infrastructure improvement grants valued at $1.6 million to support the new facility.
The new, 450,000 square foot facility is being constructed on a 260-acre site in Dundee.In addition to manufacturing space, the facility will include warehouse and office space.
“We are very pleased that Global Engine Alliance has chosen Dundee as the location for this new plant,” said Bill Morris, president of the Monroe County Industrial Development Corporation.“TheMEDC, the Governor’s office, and a number of local officials have done an outstanding job in bringing this project together.”
Dundee Village President James Roe also spoke at today’s event, welcoming Global Engine Alliance to the community.
“We, in Dundee, believe that the building of the Global Engine facility in our community represents a tremendous opportunity,” Roe said.“The development is a welcome addition that will enable the village to stabilize its tax base and further provide jobs for local families.”
Global Engine Alliance, LLC was formed on June 7, 2002, by DaimlerChrysler, Hyundai, and Mitsubishi for the purpose of jointly designing, developing, and engineering a new family of in-line 4-cylinder gasoline engines to be used in future generations of vehicles.The three partners equally own the joint venture company.
The Michigan Economic Development Corporation, a partnership between the state and local communities, promotes smart economic growth by developing strategies and providing services to create and retain good jobs and a high quality of life.