Dearborn, Michigan - International Automotive Components North America Inc. is investing $3.3 million at its Port Huron, Michigan, plant to upgrade operations, and spending another $804 000 in Warren, Michigan, to improve production there.
The Dearborn-based auto supplier is receiving a $23-million tax credit from the state of Michigan over a 10-year period to help finance the improvements, which will lead to another 200 jobs in the state as the company consolidates its holdings.
The investments will not include any physical expansion of IAC facilities, but will add new equipment, with IAC investing in equipment to expand urethane foam production for headliners in Port Huron, said company spokesman David Ladd in a 14 Nov telephone interview. The company has about 200 employees in Port Huron.
The investment in Warren will improve assembly and sequencing operations for instrument panels, centre consoles and overhead systems. IAC employs 175 in Warren.