DETROIT – Auto parts supplier Flex-N-Gate plans to invest $95 million in a new Detroit plant that's expected to create at least 650 jobs.
Flex-N-Gate owner Shahid Khan said his company will invest $95 million in construction and capital costs for a facility that will supply parts to Ford Motor Company. Potential additional investment in the project could push the project to at least $100 million. Khan said the project will create at least 400 and up to 650 new jobs in Detroit over the next three years; at full capacity, up to 750 total jobs could be added.
The company will be taking over a vacant 30-acre on the city's east side near Georgia and Helen streets.
Video: Flex-N-Gate development site on Detroit's east side
Flex-N-Gate is a supplier providing engineering, testing, stamping and assembly.
Detroit Mayor Mike Duggan said this investment was made possible because of a strong partnership between the State and City to attract the project. He also praised Flex-N-Gate for its commitment to local hiring.
"Nothing is more important to our city than creating jobs for Detroiters,” said Duggan. "The fact that Flex-N-Gate has committed to such a strong local hiring and contracting plan shows the company’s deep level of commitment to being a partner with the community.”
Khan also praised the new partnership.
“Our news today from Detroit is further evidence that the United States auto industry is strong, promising and experiencing exceptional growth,” said Khan. “Building a new plant from the ground up within the Detroit city limits will be a milestone moment for Flex-N-Gate, made possible thanks to our partnership and collaboration with Ford, the City of Detroit and the State of Michigan."
Khan also own's the NFL's Jacksonville Jaguars.