Chinese FDI into Michigan
January 2003 to June 2013
Contents
Introduction
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1
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Project Profiles
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2
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Introduction
The report examines foreign direct investment (FDI) trends by all companies from China investing in Michigan between January 2003 and June 2013.
The report includes estimated values on capital investment and the number of jobs created in cases where information was not available at project announcement.
Retail projects are excluded from this report.
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Headline figures
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No of FDI projects
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11
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Total jobs created
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1,018
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Average project size (jobs)
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92
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Total capital investment
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USD 234.80 m
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Average project size
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USD 21.30 m
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Project Profiles
December 2012 - Nexteer Automotive, a subsidiary of Aviation Industry Corporation of China into United States
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Nexteer Automotive, a subsidiary of Aviation Industry Corporation of China (Beijing, China) is investing in the city of Saginaw (MI), United States in the Automotive Components sector in a Headquarters project.
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Nexteer Automotive, a subsidiary of Aviation Industry Corporation of China, is to expand its global headquarters in Saginaw, Michigan. The company is investing $70m in the facility, which will lead to the creation of 325 jobs at the site. The expansion, the result of a new contract for the company's 12-volt rack electric power steering system, is due to be completed in 2014 and will comprise the expansion and upgrade of development, manufacturing and test capabilities.
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Company contact: Laurent Bresson (Chief Operating Officer, Nexteer Automotive)
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Jobs Created: 325
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Investment: USD 70.00 million
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FDI project type: Expansion
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June 2012 - Shanghai Automotive Industries Corporation USA, a subsidiary of Shanghai Automotive Industry Corporation (SAIC) into United States
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Shanghai Automotive Industries Corporation USA, a subsidiary of Shanghai Automotive Industry Corporation (SAIC) (Shanghai, China) is investing in the city of Birmingham (MI), United States in the Automotive OEM sector in a Design, Development & Testing project.
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Shanghai Automotive Industries Corporation USA, a subsidiary of leading China-based automotive manufacturer SAIC, has expanded in Birmingham, Michigan by opening a new North American operations centre. The new 2785 sq m facility will eventually house nearly 100 people and will focus on three main business areas of purchasing, logistics, as well as technology and engineering. It will help the company to strengthen its presence in the US.
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Company contact: Garry Neel (Director, Corporate Marketing, Shanghai Automotive Industries Corporation USA)
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Jobs Created: 89 (est)
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Investment: USD 23.80 million (est)
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FDI project type: Expansion
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February 2012 - Nexteer Automotive, a subsidiary of Aviation Industry Corporation of China into United States
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Nexteer Automotive, a subsidiary of Aviation Industry Corporation of China (Beijing, China) is investing in the city of Troy (MI), United States in the Automotive Components sector in a Maintenance & Servicing project.
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Nexteer Automotive, a subsidiary of China-based Aviation Industry Corporation of China, will open a new 2790 sq m customer service centre in Troy, Michigan, US in April 2012. The new facility will create 50 new jobs and will support new electric power steering work with Detroit-based automakers.
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Company contact: Dennis Hoeg (Vice President, Engineering, Nexteer Automotive)
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Jobs Created: 50
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Investment: USD 7.60 million (est)
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FDI project type: New
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October 2011 - Nexteer Automotive, a subsidiary of Aviation Industry Corporation of China into United States
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Nexteer Automotive, a subsidiary of Aviation Industry Corporation of China (Beijing, China) is investing in the city of Saginaw (MI), United States in the Automotive Components sector in a Manufacturing project.
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Nexteer Automotive, a subsidiary of China-based Aviation Industry Corporation of China, plans to invest $150m and at its Saginaw, Michigan, operations. The company will expandits manufacturing capabilities as well as upgrade its testing and innovation abilities. It is a result of increased customer demand for fuel-efficient electronic power steering technology.
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Company contact: Robert J Remenar (Chief Executive Officer, Nexteer Automotive)
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Jobs Created: 119 (est)
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Investment: USD 27.60 million (est)
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FDI project type: Expansion
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January 2011 - Yanfeng USA Automotive Trim Systems, a subsidiary of YanFeng into United States
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Yanfeng USA Automotive Trim Systems, a subsidiary of YanFeng (Wenzhou, China) is investing in United States in the Automotive Components sector in a Manufacturing project.
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Yanfeng Usa Automotive Trim Systems has opened a manufacturing plant in Harrison Township, Michigan. The company manufactures plastic automotive trims.
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Company contact: David Wang (General Manger (United States))
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Jobs Created: 55 (est)
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Investment: USD 22.50 million (est)
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FDI project type: New
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November 2010 - Changan Automobile Group, a subsidiary of China South Industries Group (CSG) into United States
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Changan Automobile Group, a subsidiary of China South Industries Group (CSG) (Beijing, China) is investing in the city of Plymouth (MI), United States in the Automotive Components sector in a Design, Development & Testing project.
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Major Chinese automaker, ChangAn is planning to open a research and design centre in Plymouth, Michigan, US in January 2011. It will aim to hire around 150 engineers by 2015. The company's operation in the township will focus on automotive chassis, noise and vibration and will occupy a space of around 1765 sq m.
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Jobs Created: 150
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Investment: USD 59.20 million (est)
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FDI project type: New
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September 2010 - Pacific Century Motors (PCM) into United States
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Pacific Century Motors (PCM) (China) is investing in United States in the Automotive Components sector in a Manufacturing project.
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China-based Pacific Century Motors is to create 100 additional jobs and invest $7m in its electric power steering factory in the Buena Vista township of Saginaw county, Michigan. The site is one of the 22 manufacturing facilities, six engineering facilities and 14 customer support centres the company acquired from Nexteer Automotive in July 2010.
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Jobs Created: 100
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Investment: USD 7.00 million
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FDI project type: New
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August 2009 - M-Tex into United States
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M-Tex (Dongguan, China) is investing in the city of Detroit (MI), United States in the Plastics sector in a Sales, Marketing & Support project.
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Chinese mould-texturing firm M-Tex Co. has added sales and technical support staff in Detroit, Michigan, to support projects in the US. The team will provide technical support and texturing program management for moulds made in China and then shipped to the US for component moulding.
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Company contact: Loy Chee Hong (General Manager)
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Jobs Created: 16 (est)
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Investment: USD 2.20 million (est)
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FDI project type: New
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October 2007 - Jinzhou Halla Equipment Electrical Equipment Co., a subsidiary of Wonder Auto Technology, Inc. into United States
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Jinzhou Halla Equipment Electrical Equipment Co., a subsidiary of Wonder Auto Technology, Inc. (Jinzhou, China) is investing in the city of Detroit (MI), United States in the Automotive OEM sector in a Sales, Marketing & Support project.
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Wonder Auto Technology, Inc. a leading manufacturer of automotive electrical and suspension parts in China, today announced that its subsidiary, Jinzhou Halla Equipment Electrical Equipment Co., Ltd. has opened an office in the metro-Detroit area. The office will focus on North American Original Equipment Manufacturers (OEMs) and the auto parts aftermarket.
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Company contact: Robert Forreider (Vice President, Jinzhou Halla, Marketing and Sales)
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Jobs Created: 48 (est)
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Investment: USD 9.90 million (est)
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FDI project type: New
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May 2007 - China Automotive Systems (CAS) into United States
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China Automotive Systems (CAS) (Jingzhou, China) is investing in the city of Detroit (MI), United States in the Automotive Components sector in a Sales, Marketing & Support project.
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China Automotive Systems Inc, the Hubei based automotive components amnufacturer, is opening an office in Detroit, USA to sell steering systems to U.S. automakers.
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Jobs Created: 33 (est)
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Investment: USD 2.50 million (est)
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FDI project type: New
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December 2012 - Nexteer Automotive, a subsidiary of Aviation Industry Corporation of China into United States
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Nexteer Automotive, a subsidiary of Aviation Industry Corporation of China (Beijing, China) is investing in the city of Saginaw (MI), United States in the Automotive Components sector in a Headquarters project.
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Nexteer Automotive, a subsidiary of Aviation Industry Corporation of China, is to expand its global headquarters in Saginaw, Michigan. The company is investing $70m in the facility, which will lead to the creation of 325 jobs at the site. The expansion, the result of a new contract for the company's 12-volt rack electric power steering system, is due to be completed in 2014 and will comprise the expansion and upgrade of development, manufacturing and test capabilities.
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Company contact: Laurent Bresson (Chief Operating Officer, Nexteer Automotive)
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Jobs Created: 325
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Investment: USD 70.00 million
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FDI project type: Expansion
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About this Report
Disclaimer: This report was automatically created by fDi Markets using the criteria selected by the user. Whilst care has been taken in programming the analysis and presentation of data, abnormalities may occur. The Financial Times Ltd accepts no responsibility for the accuracy or otherwise of the content.
All investment project data and information is based on public information on company investment announcements. The Financial Times Ltd accepts no responsibility or otherwise for the accuracy of the data and information, nor does The Financial Times Ltd claim to track all investment projects.
Jobs data and capital investment data, if included, are not recorded for all projects and may include estimates. The Financial Times Ltd takes no responsibility for the accuracy or otherwise of the jobs and investment data.
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