- Mar 19, 2009
REPORT: Daimler to open Mercedes hybrid electric research base in MI
The German automaker is reportedly seeking a 65,000 square-foot facility to house the R&D works, and the development will also see the relocation of an existing facility currently located in Troy. Over the course of the next decade, the new operation is expected to represent a $9.9 million investment and generate 454 jobs – 223 of them directly. However, in order to secure the facility in Michigan (California and South Carolina were reportedly also considered), the state has had to cough up a tax break package worth some $7.5 million over 10 years.