Dana plans $9 million EV tech heart, 150 jobs in Novi

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Driveshaft provider Dana Inc. is aiming to open a $9 million electric vehicle tech heart in Novi, MI the place it plans so as to add as much as 150 engineers and supporting positions.

The Maumee, Ohio-based producer plans to upfit and customise new house in Novi, in keeping with a short from the Michigan Financial Growth Corp. The tech heart is predicted to be round 50,000 sq. toes, however the precise location has not but been determined.

In alternate for the promise of making as much as 150 jobs “with wages nicely above” the typical in Oakland County, the MEDC authorised Tuesday a $1.5 million Michigan Enterprise Growth Program grant. Town of Novi can be providing a tax abatement.

The incentives swayed Dana to construct out the EV heart in Michigan versus competing websites in different states, the MEDC mentioned.

“The Firm is drawn to finding this facility in Novi because of the synergy and ease of collaboration with the company amenities close by,” the transient mentioned. “Incentive help is important to offset the extra prices with opening a brand new expertise heart.”

Crain’s reached out to Dana for extra details about the undertaking.

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