SUPERIOR TOWNSHIP (AP) – Plans are moving forward for Hyundai Motor Co. to build a Michigan testing facility to help examine the effects of extreme hot and cold temperatures for vehicle development.
AnnArbor.com reports the Michigan Strategic Fund this week approved the use of state money for the project.
Hyundai plans to spend $15 million on the facility and other upgrades. Plans for the expansion were announced at the North American International Auto Show in Detroit.
The facility will be built at the South Korean automaker’s Hyundai America Technical Center in Washtenaw County’s Superior Township, near Ann Arbor.
To secure the deal, the state agreed to spend $2.5 million to build a power substation to improve service to the testing facility. The funding involves Superior Township and is similar to a loan.
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