DETROIT, MI – Lower fuel prices and more favorable exchange rates mean that, on a global basis, the United States is becoming a more attractive place for some foreign companies to have production facilities.
And locally, in Detroit, that means at least 70 jobs moving from China and more on the way as part of Sakthi Automotive Group's $31 million investment in the city's southwest side.
The Indian automotive supplier's plans call for building out a 650-employee manufacturing campus and training center for new engineers in Southwest Detroit, utilizing two existing facilities on Fort Street and also building out a portion of Southwestern High School, which has sat empty since 2012.
Detroit Mayor Mike Duggan said at a news conference Monday that the historic, brick portion of the school, dating back to 1921, will be preserved and built out as part of Sakthi Automotive's 1.2 million-square-foot campus.
David Muller is the automotive and business reporter for MLive Media Group in Detroit. Email him at firstname.lastname@example.org or follow him on Twitter
Click to View the Entire Article on MLive.com