ZF Technologies, LLC will spend approximately $27.8 million on a new research and development facility in Northville Township. The facility will expand the company's research and development capabilities.
A MEDC incentive package, including a Single Business Tax credit valued at $7.2 million over 14 years, helped ZF Technologies choose Michigan over a competing site in Alabama.
AxleTech International is expanding in Troy. The new company plans to invest up to $5 million to expand the company facilities.
AxleTech was offered an incentive package by the MEDC, including a Single Business Tax credit valued at $1.3 million over the next six years, to expand in Michigan rather than Wisconsin.
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