With the help of heaps of state tax credits, Michigan’s Big 3 car makers — Ford, GM and Chrysler — will be adding over 2,200 jobs and $2 billion to that state’s economy over the next few years.
Ford announced plans to invest $850 million and add around 1,200 jobs at four plants in Michigan between now and 2013. But not all the added jobs will be new hires; the Detroit News reports that 190 Ford workers are awaiting recall to their former gigs while other positions will likely be filled by workers from overstaffed plants elsewhere.
Next up is Chrysler, which is sinking $1 billion into its Sterling Heights Assembly Plant and the Global Engine Manufacturing Alliance plant in Dundee. There are no new jobs expected immediately at either of these plants, but Sterling Heights may add 900 workers to a second shift next spring if needed.
And then there’s GM whose $152 million investment in Michigan includes $112 million and 900 jobs at the Warren Technical Center. The remaining $40 million is expected to go to its Brownstown Township plant that assembles battery packs for the Chevrolet Volt. 150 jobs are expected to be added at that plant.
The state’s Economic Development Corporation is also reviewing a request from Hyundai to upgrade the electric power infrastructure in Superior Township, Michigan.
Big 3 to invest $2B in Michigan [Detroit News]