Wheel maker drives into market with 300 jobs
A subsidiary of a Chinese wheel maker is planning to enter the state by opening a $140-million plant in the region and creating 300 jobs.
Dicastal North America, a subsidiary of CiTiC Dicastal Co. Ltd. in Qinhuangdao, China, plans to open an aluminum alloy wheel plant in late 2015 in Greenville, at 1 Solar Parkway, The Right Place said this afternoon.
The projected jobs will come over four years.
With the purchase of the former Uni-Solar campus in Greenville, Dicastal intends to construct an additional 100,000 square feet of manufacturing space on the 98-acre plot.
The plant will produce about 3 million wheels a year.
Signature Associates led the real estate transaction for the project.
Dicastal North America received an $8.5-million incentive package, including a grant from the Michigan Business Development Program, property tax abatements and Community Development Block Grants.
“We’ve always known that the Uni-Solar site is an ideal location for some company, and that we have skilled workers, so we believe we’ve found a solid match in Dicastal,” said George Bosanic, city manager, city of Greenville. “This project is a great example of local, regional and state economic development agencies working together to recruit on a global level.”
Birgit Klohs, president and CEO at The Right Place, a regional economic development nonprofit in Grand Rapids, said the project underlines the importance of having a “strong international business development strategy for West Michigan.”
“The Right Place is well aware that the use of aluminum and other lightweight materials in automotive parts will continue to increase dramatically as federal policies and design innovation demand decreased automobile weight,” Klohs said.