May
30
Motor City Gets a $100M Boost with New Industrial Facility
ByFlex-N-Gate will invest $100 million in the new production facility and has already committed to local hiring.
Rendering of the new Flex-n-Gate plant
Detroit—Global auto supplier Flex-N-Gate will build a new production unit on a 30-acre parcel located on Detroit’s eastside, in the I-94 Industrial Park. The sale of the land has been approved by Economic Development Corporation (EDC) of the City of Detroit. The Urbana, Illinois-based company will spend $95 million for the construction and capital costs of thenew plant, but additional investments might push the amount up to $100 million.
The project received a $3.5-million Business Development Program grant, to encourage the development. “Building a new plant from the ground up within the Detroit city limits will be a milestone moment for Flex-N-Gate, made possible thanks to our partnership and collaboration with Ford, the City of Detroit and the State of Michigan,” said Shahid Khan, owner of Flex-N-Gate…
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