DAG Technology Inc., a molder of decorative wheel trim to automakers, plans to invest $10.6 million and create 50 jobs by moving its component manufacturing from southern China to a 60,000-square-foot plant in Grand Blanc, Mich., at the request of its customers.
The move is being boosted by a $300,000 performance-based grant from the state of Michigan.
"The DAG team is proud to bring manufacturing to Grand Blanc," DAG Vice President James Hadel said in a news release from the state. "We are excited to announce the opening of our new facility which will create local opportunities in the area and bolster long term relationships with our OEM automotive customers."
The company plans to establish the manufacturing facility at a former Tier 1 supplier facility, where it will focus on injection molding, painting and assembly, state officials said.
The company currently has an office in Sterling Heights, Mich.
"The DAG team is proud to bring manufacturing to Grand Blanc," DAG Vice President James Hadel said in a news release from the state. "We are excited to announce the opening of our new facility which will create local opportunities in the area and bolster long term relationships with our OEM automotive customers."
The state also announced a supply chain management company, NorthGate, will spend $13 million and create more than 350 jobs as it turns a former Lowe's store in Burton, Mich., into a parts processing center for General Motors Co.