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Friday, November 15, 2024

Oakland County Executive on new Dana Thermal Products in Auburn Hills: ‘A boost for advanced manufacturing’

Gretchen

Gov. Gretchen Whitmer. | Gov. Gretchen Whitmer / Facebook

Gov. Gretchen Whitmer. | Gov. Gretchen Whitmer / Facebook

A global leader in thermal management technologies has announced plans to bring operations to the City of Auburn Hills.

According to a news release from the state government, Dana Thermal Products will lease a building within the city in order to develop a new line of battery cooling plate manufacturing.

“The $44 million investment in electric vehicle battery production is outstanding news for the highly skilled workers who can fill those new jobs,” Oakland County Executive David Coulter said in the release. “It’s also a boost for the advanced manufacturing reputation for both Michigan and Oakland County.”

Dana’s investment is expected to bring $54.2 million in capital investment and facilitate 200 jobs.

“We are honored that Dana Thermal Products LLC has chosen Auburn Hills for their next strategic investment. Their expertise and innovation will complement and enhance our existing world-class business community,”  Auburn Hills Mayor Kevin McDaniel said. “This commitment by Dana Thermal Products LLC strengthens Auburn Hills’ reputation as being a leader in the future of electrification and mobility. We appreciate their confidence and look forward to partnering with them to provide an environment where their business can grow and thrive.”

The investment is spearheaded by a $2.5 million performance-centered grant from the Michigan Business Development Program. Michigan beat out other sites being considered in Canada and in the Southeast U.S.

“Today’s Michigan Strategic Fund approvals will create and retain 672 good-paying jobs and invest $153 million across Auburn Hills, Lansing and Detroit,” Governor Gretchen Whitmer said. “These projects will build on our manufacturing heritage and advance our mobility and electrification leadership. Together, we will help us continue to drive growth in Michigan by funding economic development projects, investing in our communities, creating jobs for our residents and advancing initiatives that build long-term opportunity throughout the state. I will work with anyone to keep getting things done and grow our economy.”

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