"This new facility exemplifies our commitment to serving therequirements of our automotive and heavy-duty diesel customers forsuperior engine products from a location that is close to theirdevelopment facilities," said Heinz K. Junker, chairman of MAHLE'smanagement board. "It also demonstrates our commitment to the Stateof Michigan, and gives us access to a highly-trained work forcethat enables MAHLE to continue bringing innovative and highlyengineered engine products to our customers."

MAHLE was one of several companies Michigan Gov. JenniferGranholm met with during her investment mission to Germany inNovember 2004. She encouraged the company's expansion in Michigan.The goal of the mission was to encourage German companies toincrease their investments and employment levels in the state.

Germany is Michigan's largest European trade partner, with tradebetween the two countries resulting in about $2.5 trillion eachyear. German companies contribute an estimated $31 billion toMichigan's economy annually, employing some 172,000 Michiganworkers. Some 610 companies in Michigan are German-owned or have atleast 50% German ownership. MAHLE was founded in Germany in 1920and is a manufacturer of components for the automotive and engineindustry.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.