Details of Hyundai's Ann Arbor area expansion may be revealed at Detroit auto show
File photo | AnnArbor.com
AnnArbor.com reported in October that Hyundai was exploring a $20 million expansion of its technical center that would involve at least 50 new jobs. Superior Township is setting up a Local Development Finance Authority (LDFA) — which can be set up to capture tax dollars for economic development purposes — to help address electrical transmission problems at Hyundai's operation.
The company told officials behind the scenes that it would not locate the expansion in the Ann Arbor area unless it could rectify the electrical problems at the facility in Superior Township.
The Free Press reported that Hyundai plans to participate in a press event at the Detroit auto show in January with the Michigan Economic Development Corp., which is working with Ann Arbor SPARK to assist Hyundai during the expansion process.