"The decision to move ahead with a sizeable upgrade of the Redford facility shows tremendous confidence in the capabilities of our workforce and operations," says DDC president and chief executive officer Carsten Reinhardt. "We also acknowledge the leadership shown by the UAW in helping the Redford location qualify for incentive packages."
The Michigan Economic Development Corp. approved a Single Business Tax credit valued at approximately $9.1 million over 10 years as well as a $143,000 Economic Development Job Training grant to convince the company to choose Michigan over a competing site in South Carolina.
Gov. Jennifer Granholm says the decision by DDC to expand in metropolitan Detroit was one of the topics discussed during the governor's late 2004 trade mission to Germany. "This is one of several announcements resulting from our investment mission to Germany and illustrates the importance of an energetic, focused economic strategy to build on our state's strengths even as we seek to diversify our economic base," the governor says.
DDC says the investment will retain or create 1,232 jobs. Granholm praises the efforts by the company and the United Auto Workers as well as Redford Township officials for working with MEDC. "This project could not have occurred without enlightened and cooperative labor-management relations and state and local governments working to keep this skilled talent pool working here," she says.
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