It's been a banner week for the state of Michigan, with aftermarket companies opening new facilities within the state and stimulating local economies. Azentek, a manufacturer of in-vehicle infotainment systems for both OEM integration and aftermarket sales, is the latest aftermarket company to move its operations to Michigan, announcing that it will invest $3 million to consolidate current operations and lease a light industrial facility in Grand Blanc. As part of this major expansion, Azentek plans to create 198 new jobs, inluding 78 directly employed by the company. "With personal computers and the internet becoming an essential part of our lives, Azentek is the first company to deliver a safe and easy-to-use PC solution that integrates with your car," says Johnny Cooper, Azentek's president and CEO. "We're at the forefront of making history with the Azentek Car PC. In the very near future, having a PC in your vehicle is likely to be just as common as owning a cell phone." As incentive for Azentek's operations to remain in Michigan rather than relocate to a competing site in China, the Michigan Economic Growth Authority today approved a state tax credit valued at $1.5 million over 10 years, based on a recommendation by the Michigan Economic Development Corporation. Additionally, the Grand Blanc township is considering a six year abatement valued at $36,065 to support the project. "Azentek is an innovative company doing exciting work, and we are thrilled to support their continued growth in Michigan," says Governor Jennifer M. Granholm. "Our competitive business climate and outstanding workforce make Michigan a great place for high-tech companies to invest and create jobs." "We are very proud to be working in the state of Michigan," adds Jack Duckworth, CFO of Azentek. "It is a prestigious honor to be recognized by the Michigan Economic Development Corporation and the Michigan Economic Growth Authority for our company's growth potential in today's highly competitive marketplace." Over the coming months, Azentek will finalize their relocation into the new 45,000 square foot state-of-the-art facility on Holly Road in Grand Blanc. This location will be used for administration, R&D, product testing and certification, sales and marketing, warehousing and storage, as well as final product assembly. For more information about Azentek, visit the company's Web site. |
