Corporación Gestamp, a Spain-based supplier of metal parts and assemblies for auto manufacturers, has chosen Chelsea, MI for its new manufacturing facility. Gestamp Washtenaw, LLC, a new subsidiary of Gestamp, will invest $68 million and create 195 new jobs over the next four years.
Gestamp’s new Chelsea facility will house a chassis assembly line, an electronic coat paint line, and a remote laser welding 3D technology line. The company specializes in products that lead to the development of lighter, safer, more energy efficient and environmentally friendly vehicles.
In addition to a Michigan Business Development Program performance-based grant awarded by the Michigan Economic Development Corporation (MEDC), the City of Chelsea offered support to the project in the form of property tax abatements. Ann Arbor SPARK worked with the company to secure these incentives that resulted in Gestamp choosing Chelsea over competing locations outside of Michigan, and connected the company to resources at Michigan Works that will help it find skilled labor. Signature Associates worked with the company to find a location in Chelsea.
“Gestamp is another leading global brand choosing Ann Arbor as a destination for expansion, resulting in one of the most significant business attractions to this region this year,” said Paul Krutko, Ann Arbor SPARK president and CEO. “Our strategic focus on the Ann Arbor region’s reputation as center for automotive innovation is having a positive impact on our economy.”
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