State Rep. Gail Haines today announced Magneti Marelli in Independence Township will expand and welcome 86 new jobs thanks to a grant from the state Transportation Economic Development Fund (TEDF).
“This grant opens the door for Michigan to welcome a new business to our state,” said Haines, R-Waterford. “I am happy to see a business like Magneti Marelli continue to grow, creating good jobs and a brighter future for the region.”
Magneti Marelli creates and designs automotive components for Fiat Chrysler and the new site, located at Bow Pointe Drive in Independence Township, will be the first manufacturing facility in Michigan for the company. The total cost of the project will be $4,311,720, including $672,000 in state TEDF funds and matching funds of $1,139,720 from Independence Township, $1,000,000 from the Road Commission for Oakland County, and $1,500,000 from McLaren Health Care.
The funds will allow for additional turn lanes at the intersection of Sashabaw and Waldon roads and needed upgrades to the Sashabaw Road/I-75 interchange. Additional turn lanes will reduce the amount of traffic congestion in the area to benefit Magneti Marelli’s manufacturing location. The upgrades will also ease travel to McLaren Health Care’s new cancer center and medical office buildings with additional expansions in the works.
“The improvements from this project make it easier for Magneti Marelli clients to get to the headquarters in Auburn Hills, as well as relieving unnecessary stress associated with travel for patients at McLaren,” said Haines. “With plans for further expansion of the medical center, the road project will help ensure residents have access to new medical facilities, while also bringing new jobs to our community and supporting our automotive industry.”