American Axle & Manufacturing will install a new production line at its Three Rivers Manufacturing Facility (TRMF) in Michigan in order to expand automotive axle-production capacity. The $40.6-million investment is expected to result in 100 new jobs, according to the Michigan Economic Development Corp.
Three Rivers Manufacturing employs over 1,000 workers and it is one of multiple operations for AAM in Michigan. It produces various automotive driveline products, including front and rear axles and EcoTrac™ disconnecting all-wheel-drive systems.
American Axle did not detail the timing of the expansion project nor the types of products to be produced by the new line but it noted that it “will allow AAM to add new business while boosting local jobs and increasing investment in Michigan.”
The Michigan Economic Development Corporation (MEDC) is providing incentives for the project, and the Michigan Strategic Fund recently approved a five-year SESA Exemption valued at up to $468,888 for AAM’s $40,608,000 eligible investment in eligible personal property, in support of the project.
The city of Three Rivers was awarded $2 million in Community Development Block Grant funds, to assist with the project.