A growing automotive supplier wants to invest up to $12.9 million to build a plant in Orion Township that would create 50 jobs, the Michigan Economic Development Corp. and Michigan Strategic Fund said Wednesday.
Kay Automotive Graphics, which makes exterior graphics and trim parts for automotive manufacturers, will receive a $350,000 performance-based grant through the state.
The state said the incentive helped the company choose to expand in Orion Township instead of a site near the supplier's manufacturing facility in Wales (United Kingdom). The state also approved the incentive because of the jobs the company will create, because it has a strong link to Michigan suppliers and it will produce positive return on investment for Michigan.
Orion Township also has offered a 12-year tax abatement worth $731,000 for the project, according to a memo provided by the MEDC.
Kay Automotive Graphics supplies the global market with items such as decals, dimensional badging, sill protectors and paint films. The company also has a manufacturing plant in Saltillo, Mexico, according to its website.
Officials from Kay Automotive Graphics did not immediately respond for comment.