Shipston Aluminum Technologies, a maker of "safety-critical" auto components, operates a sales and engineering office in Novi. Photo via shipstonaluminumtech.com
A maker of “safety-critical” aluminum auto components in the region is planning to expand its operation and create more than 100 jobs in the process.
Shipston Aluminum Technologies (Michigan), Inc. will buy new equipment for its plant in Spring Lake Township, at 14638 Apple Dr., to meet increased demand.
The project is expected to create 114 jobs in the area and generate nearly $10 million in capital investment, according to the Michigan Economic Development Corp., or MEDC, yesterday.
Shipston purchased Compass Automotive Group and the plant in Spring Lake last November, and the operational expansion is in line with Shipston's desire to facilitate growth in West Michigan.
MEDC said Shipston has been awarded a $600,000 Michigan Business Development Program performance-based grant for the project.
Spring Lake Township is supporting the project through a property tax amendment.
“The facts that Shipston Aluminum Technologies’ owners want to own — not develop and then sell — and they are already expanding are both great news for Spring Lake Township,” Spring Lake Township Supervisor John Nash said.
The project will also be supported by “economic and workforce development tools” provided by The Chamber of Commerce Grand Haven, Spring Lake, Ferrysburg and West Michigan Works!.
Shipston Aluminum Technologies makes parts for tier-one suppliers in North America, Asia and Europe.
The company has plants in Spring Lake Township and Franklin, Indiana and a sales and engineering office in Novi, according to its website.