Lear Corp. will open an $80 million plant and create hundreds of jobs in Michigan after winning a program with General Motors Co. that marks its largest electric vehicle deal and investment to date, the supplier said Oct. 27.
The Southfield, Mich.-based company struck a deal with the automaker to exclusively supply the battery disconnect unit on all full-size SUVs and trucks built on GM’s Ultium EV platform through 2030, according to a news release.
Lear said it is “working with state and local officials on a plan” to open the plant. The specific location was not disclosed, nor has the amount of potential incentives being sought for the project.
While Lear is more known as an auto seating supplier, more than $4 billion of its $19 billion in annual sales comes from connectors, wiring harnesses and other elements of its E-Systems division. In 2021, it acquired injection molder M and N Plastics Inc., with molding facilities in Sterling Heights, Mich., and El Paso, Texas, to produce complex parts for electrical distribution, including high-voltage wire harnesses and power electronics.