NAI Investing $2.7M, Creating 139 Jobs In Troy, Michigan

After considering several states and Mexico for the expansion project, North American Interconnect, LLC will invest $2.7 million and create 139 job in Livingston Township and the city of Troy, MI.


https://businessfacilities.com/2018/02/nai-investing-2-7m-creating-139-jobs-troy-michigan/
After considering several states and Mexico for the expansion project, North American Interconnect, LLC will invest $2.7 million and create 139 job in Livingston Township and the city of Troy, MI.
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NAI Investing $2.7M, Creating 139 Jobs In Michigan

After considering several states and Mexico for its expansion project, North American Interconnect, LLC chose Livingston Township and the city of Troy, MI.

NAI Investing $2.7M, Creating 139 Jobs In Troy, Michigan

After considering Indiana, Ohio and Mexico for the project, North American Interconnect, LLC (NAI) will expand its operations in Livingston Township and the city of Troy, MI. The project is expected to generate a total capital investment of $2.7 million and create 139 jobs. The manufacturer of wire and cable assemblies will receive a $186,000 Michigan Business Development Program performance-based grant from the Michigan Strategic Fund. Michigan was chosen over competing sites in Indiana, Ohio and Mexico.

Troy Michigan
Photo: North American Interconnect, LLC (NAI)

“NAI’s expansion here rather than in other locations means well-paying jobs for Michigan residents and underscores the strength of the state’s manufacturing and R&D talent,” said Jeff Mason, CEO of the Michigan Economic Development Corporation.

“The decision by NAI to invest in Michigan offers further evidence of our commitment to helping companies grow and generate new jobs for our residents,” added Mason.

NAI services a variety of industries including telecom, industrial, medical and aerospace. The company is experiencing increased demand and plans to expand its facility in Livingston Township to allow space for additional equipment. NAI also plans to expand its engineering and R&D operations in the city of Troy.

The Otsego County Economic Alliance, Inc., where the majority of the project is taking place, is offering staff time and resources in support of the project.

“Otsego County Economic Alliance, Inc. provided NAI numerous diversified business development services over the course of the past year to facilitate their expansion into Otsego County, and Livingston Township. We are excited about the investment and job creation over the next few years that NAI plans to bring to Otsego County,” said Otsego County Economic Alliance Executive Director Lisa McComb. “NAI’s decision to expand to the United States, to Michigan, and specifically choose Otsego County speaks volumes for the assets we have in this county. NAI brings a strong manufacturing platform with higher paying wages that we have strived to bring to Otsego County in the past few years. We welcome NAI with open arms and the entire county, region and state will benefit from their decision to expand to Northern Michigan.”

“I am very pleased to welcome North American Interconnect and its expanding engineering and research functions to Troy,” said Mayor Dane Slater said. “As a preferred location for innovative global companies, North American Interconnect will find Troy to be an outstanding place for its growing operations.”

Relocating or Expanding Your Business In Michigan

Considering Michigan for your company’s relocation or expansion project? Check out Business Facilities’ Michigan Incentives and Workforce Development Guide.

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