Dearborn Group Inc., a leading supplier of in-vehicle network products, engineering, consulting, and education for the automotive, truck & bus, commercial, military, construction, agricultural and fleet vehicle industries, plans to invest more than $1.1 million to expand its operations in Farmington Hills, Mich. The project is expected to create 61 new jobs.

The Michigan Economic Growth Authority board approved a state tax credit valued at $494,000 over five years. Additionally, the City of Farmington Hills Economic Development Corp. has approved a $15,000 training grant to support the project.

An economic analysis conducted by the Michigan EDC estimates that increased economic activity created by the new facility would generate an additional 84 indirect Michigan jobs, in addition to the 61jobs that would be created directly by the company. The project is expected to generate more than $23 million in personal income for Michigan workers over the life of the tax credit.

“We are delighted to continue our growth and opportunity development in both the city of Farmington Hills and in the State of Michigan,” Dearborn Group General Manager Mark Zachos said. “Over the past 20 years, we have embraced this community while leveraging the benefits of this location, and the response has taken us to a new level as the world class leader in vehicle network technologies.”

Headquartered in Farmington Hills, Dearborn Group’s hardware and software products are used in in-vehicle and controller-area (CAN) networks to analyze, manipulate, or create messages over various multiplexed networks. Dearborn Group products are used by a wide variety of vehicle OEMs, suppliers, fleets, and other customers’ test engineers, development engineers, production engineers, and service technicians, among others.

Dearborn Group also works on Wireless Connected-Vehicle Technology, which has commercial applications for the industry including enhanced safety, information & entertainment communication, and improved fuel economy. The company currently employs 41 associates in Michigan, and has a Heavy-Duty Truck & Bus Division in Indiana.

For MORE NEWS BRIEFS, click here.

For a FREE SUBSCRIPTION to Expansion Management magazine, click here.

For MORE NEWS BRIEFS SORTED BY STATE, click here.

For MORE NEWS BRIEFS SORTED BY INDUSTRY or FUNCTION, click here.

For MORE NEWS BRIEFS SORTED BY COUNTRY, click here.