Michigan Lieutenant Governor Brian Calley, who this week concluded his four-day trade mission in Mexico, says two Mexican companies will expand in the state — TREMEC Transmission, a subsidiary of Mexico City-based KUO Group, will invest $54 million at a new operation in Wixom, creating 133 jobs. In turn, Rassini Brakes will open a new facility in Mt. Morris Township, investing $17.3 million and creating 55 jobs.
“Michigan companies have the most competitive products and services you’ll find anywhere in the world,” says Calley. “Helping companies connect with new customers will result in more jobs for Michiganders. Last year, Michigan companies exported more than $12 billion in goods and services to Mexico, and there is opportunity for even more investment, creating more jobs in Michigan.”
The majority of the mission was spent in automotive meetings in Querétaro, a supply chain-oriented business forum that brought together prospective automotive suppliers with major Mexican OEMS and Tier 1 suppliers. Accompanied by 21 Michigan companies, Calley spoke to attendees about Michigan’s leadership in the mobility industry and opportunities for doing business in-state.
“The expansions by these two companies mean excellent, well-paying jobs for Michigan residents and underscore the strength of our talent in the automotive sector,” adds Calley. “These investments demonstrate Michigan’s leadership in auto manufacturing jobs growth, and we’re pleased TREMEC and Rassini chose Michigan as the home for their first major U.S. manufacturing facilities.”
Calley met with Querétaro Governor Francisco Domínguez Servién and discussed the strong economic similarities between Michigan and Querétaro. He also addressed opportunities for collaboration with leaders from the Mexican Federation of Aerospace Industries and officials from the Mexico Ministry of Economy.
Calley also visited National Aeronautics University and toured AgroPark, an integrated greenhouse center seeking to compete in the export market.