Drake Enterprises

Clinton Township,
MI
(2018)

Drake Enterprises

Auto Manufacturing, Manufacturing

NMTC financing helped a company open a second facility in Clinton Township, MI.

Investment

NMTC Amount: $1,800,000
Total Project Cost: $2,250,000

IMPACT

75 FTE jobs

CDEs

Midwest Industrial Redevelopment Fund

Investor

CIBC

Drake Enterprises, Inc., located in Clinton Township, Michigan, has been in business since 1952 and continues to lead in the competitive automotive manufacturing environment. With Drake Enterprises’ versatile manufacturing and assembling capabilities, the company is able to use its innovative expertise to meet the most demanding customer requirements. Its customers include many major OEM companies in the heavy truck, agriculture and automotive markets.

NMTC financing helped the company open a second facility just down the street from their main building in Clinton Township, MI.

Plant 2 is a 38,000 sq. foot building with over 32,000 sq. ft devoted to manufacturing. This plant focuses on Swaging, the firm’s newest core competency, and was occupied in September of 2018. It has been fully operational since the summer of 2019.

Added to its current facility at 24800 Capital Blvd., Drake now utilizes over 118,000 sq. ft of world-class machining and manufacturing, and houses over 125 employees on 3 shifts.

MAP

Address: 24201 Capital Boulevard, Clinton Township, MI 48036

Census Tract: 26099240000

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