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Years of Cooperation Bring Four New
Companies to Saginaw County
December 31, 2003
New GM Suppliers set up shop at the Former Nodular
Iron Site
In March 2004, construction will begin for a new $9 million
structure to be built on the former Nodular Plant property, and three
companies will be setting up shop for the first time in Saginaw by
September. The companies are all automotive suppliers who will perform
processing operations on aluminum engine blocks for GM Powertrain - Saginaw
Metal Casting Operations (GM - SMCO).
GM - SMCO is investing over $80 million in the casting operations to build
the engine blocks. Not only is this project bringing new investment and an
initial 112 new jobs to Saginaw, it’s making use of property that has been
standing idle for nearly 20 years. And the whole project developed as a
direct result of the spirit of cooperation and teamwork among Saginaw’s
community, business leaders and workforce.
From its successful bid to produce engine blocks - to the
redevelopment of the formerly vacant location, GM - SMCO played a
substantial leadership role in making the project a success for the entire
community. Throughout the past decade, Saginaw Future and the city of
Saginaw have been working together to build on the legacy of Saginaw’s
long-standing manufacturing base.
In 2002, Saginaw’s City Council demonstrated its cooperation
with General Motors by approving major tax incentives. One year later, that
spirit of cooperation continued to pay off for Saginaw — bringing new
investment dollars, companies and jobs.
The suppliers who are making the move to Saginaw County
include:
B&W of Michigan
Inc., based in Kitchener, Ontario
CMI-Schneible Co.,
based in Holly
Enterprise Automotive
Systems, based in Warren
Michigan Production
Machining, based in Macomb.
The developer for the new GM suppliers building is Corvus
Nodular Interests, LLC, who is working in a joint venture with Pumford
Construction Inc. Pumford is also the general contractor for the project.
When the project is complete, the total investment in the
new facility is expected to be about $60 million.
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