New Markets Tax Credit Coalition

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Detroit Manufacturing Systems

Creation of 300 quality jobs at an auto part manufacturing facility in Detroit.

Investment

  • NMTC Amount: $19,600,000
  • Total Project Cost: $24,629,448

IMPACT

  • 300 FTE jobs

Investor

Project Description

Detroit Manufacturing Systems (DMS) manufactures automotive components and contracts with major automotive companies such as Ford Motor Company and General Motors. DM were manufacturing instrument clusters for various Ford platforms (vehicles). The existing manufacturing plant must be modified to accommodate the purchase and installation of welding and injection molding equipment. NMTC proceeds will allow them to expand to a number of other platforms. Included in the project is the creation of a greenbelt to accommodate neighborhood gardens, a playground and park. DMS consistently promotes advancement opportunities from within and also provides tuition assistance to employees, funding over $300,000 in assistance annually. The project creates 300 new permanent jobs in an area with 44.7% poverty and 20.5% unemployment.

MAP

Address: 12701 Southfield Road, Detroit, MI 48223

Census Tract: 26163542700

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