LANSING, Mich. — Sen. Jim Marleau announced on Tuesday that the Michigan Strategic Fund has awarded a $10 million Michigan Business Development Program performance-based grant to Samsung SDI America for the creation of a manufacturing facility in Auburn Hills.
“Samsung SDI America has 130 Michigan-based employees, and this project is expected to create more than 400 jobs,” said Marleau, R-Lake Orion. “This is tremendous news for the community of Auburn Hills and the whole state.”
Samsung SDI manufactures rechargeable batteries for the IT industry, auto industry and energy storage systems, as well as cutting-edge materials used to produce semiconductors, displays and solar panels. The Auburn Hills plant will be the company’s first high-volume automotive battery pack manufacturing facility in the United States and its principal North American electric vehicle battery pack manufacturing location.
“In addition to 400 new jobs, the project is expected to generate a total capital investment of more than $60 million,” Marleau said.
The lawmaker said Michigan was chosen over strong domestic and international competition.