An Italian auto supplier plans to invest in new capacity by adding a West Michigan, MiBiz has learned.
INglass Group SpA, a San Polo di Piave, Italy-based supplier of molds for translucent plastic products such as tail light covers, has acquired undeveloped land on 74th Street in Byron Center to build a 105,000-square-foot facility.
Aided by a $300,000 performance-based grant under the Michigan Business Development Program and a $4.52 million total incentive package including local abatements, the company plans to invest $17.6 million and create 109 new jobs over four years.
A statement on the company’s website said Michigan was chosen as the location for its new facility to “enable its customers to reduce their time-to-market and improve their overall operating efficiency.”
The manufacturer toured approximately 50 sites in the greater Grand Rapids and Lansing areas over a two month period, said Kurt Kunst, partner at NAI Wisinski of West Michigan. Kunst and Stan Wisinski worked together to broker the deal for the parcel
The land that will eventually house the manufacturing facility was purchased from NAI Wisinski. Associate brokers Kurt Kunst and Stan Wisinski worked together on the deal. Kunst told MiBiz that he and Wisinski have been working with the company for about two months, showing approximately 50 parcels in both Grand Rapids and Lansing.
INglass plans to break ground on the facility in either June or July and be operational by March of next year, Kunst said. No renderings were currently available, he added, but the company plans to replicate facilities it has in Italy and China.
No contractor has been selected for the construction.