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Snyder Announces Chinese Auto Supplier To Build Headquarters In Northville

NORTHVILLE TOWNSHIP (AP) — Michigan Gov. Rick Snyder has announced a Chinese auto supplier will build a U.S. headquarters and technical center in southeastern Michigan.

The Republican governor announced Monday CW Bearing USA Inc. will spend about $26 million on a Northville Township facility that will include an engineering and technical center and advanced manufacturing operations. Snyder made the announcement after returning from his fifth trade trip to China, which included a meeting with company officials in Shanghai.

CW Bearing has operations in Michigan, California and North Carolina, and the governor's office says the company selected Michigan over other states for the headquarters. It's getting both a state performance-based grant and local tax relief.

The facility is expected to create 125 jobs.

CW Bearing makes bearing components used in electronic power steering systems.

 

Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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