Nexteer Automotive Corp. said locate its new headquarters north of Detroit in Auburn Hills, Mich., Next summer.
The move, announced Wednesday, is expected to relocate 150 employees especially management and build your visibility within the automotive supply chain.
The old division of the direction of Delphi Corp., which went public in 2013 in the Hong Kong and reported nearly $ 3 billion in revenue last year, said Saginaw move its headquarters in the second quarter of 2016.
Crain's Detroit Business Nexteer said, an affiliate of Automotive News, earlier this year the company would close on a lease in northern Oakland County to grow brand recognition and President-COO Laurent Bresson He revealed the city during the CAR Management Briefing Seminars in Traverse City.
"(Come) Auburn Hills provides a platform for long-term success and demonstrates our commitment to the state of Michigan and its talented workforce in the automotive industry," he said Wednesday. "This separate location will position us closer to our business partners, industry experts and continue to improve the Nexteer brand."
The new location will house about 150 of the 5,000 employees Nexteer Michigan, including senior management, global financial team, human resources, information technology and sales staff, the company has said.
AVIC Automotive Systems Holding Co. Ltd., a subsidiary of China Aviation Industry Corp., has been a controlling shareholder of Nexteer from General Motors Corp. in 2010 sold the division that had taken over Delphi in 2009.
Auburn Hills homes either headquarters or the North American operations of 40 international companies from 32 countries and is home to two Fortune 500 companies - BorgWarner Inc. and the American subsidiary of Autoliv Inc.
Nexteer reports a workforce of over 12,000, more than 50 manufacturing customers and more than $ 400 milloin invested in Michigan since 2010.
"We are an important part, and I think the best example of Chinese investment in the automotive industry in North America," Bresson said. "We are guided by strong world leaders and fully supported by our largest shareholder. This commitment to our ownership and management combined with talented people who know the history and DNA of the Chinese company, continues to fuel new innovation and growth."
TI movement HQ
Meanwhile, another automotive supplier headquartered in Auburn Hills, plans to move its corporate offices and technology center in a new building in the town, adding 97 jobs.
TI Automotive, which makes tank systems carrying fluids and fuels, plans to invest more than US $ 7 million to lease and build a new plant in suburban Detroit, Michigan Economic Development Corp. said Wednesday.
The Michigan Strategic Fund, an arm of MEDC, TI Automotive scholarships based on performance $ 500,000 prize. The company said its existing facility is full and have had to move some jobs out of Auburn Hills in other offices in Tennessee, Indiana, Alabama and Florida without the larger space.
TI Automotive employs 316 in Michigan. The project could begin this year.
TI Automotive has more than 125 locations in 29 countries and is based in Oxford, England. Other facilities include Michigan Caro, Marysville and New Haven.
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