Sakthi Automotive Group USA, Inc. received approval last month for a “Designated Renaissance Zone” from the Michigan Strategic Fund (MSF), a division of the Michigan Economic Development Corporation, for its campus expansion project on Detroit’s southwest side. The nearly 38-acre zone is located near 6401 W. Fort St., Sakthi’s current headquarters, and 150 American Way.
In May 2015 Sakthi announced plans to renovate the former Detroit Southwestern High School into a manufacturing campus and training center for new engineers that will house 650 employees. When completed, the project is expected to generate $31.8 million in private investment and create 350 jobs in the city of Detroit.
Sakthi Automotive is a division of the Sakthi Group, one of the fastest growing business groups in South India. It is a major supplier to automotive OEMs of safety critical automotive components including steering knuckles, control arms, brake drums, brake discs, hubs, brake calipers and carriers.
The Detroit Economic Growth Corporation (DEGC) has been involved with Sakthi since 2012, when the manufacturer first considered bringing $25 million in investment and 170 new jobs to Detroit to manufacture safety critical automotive components. DEGC went on to assist Sakthi in moving into its current location on West Fort Street which led to 480 additional new jobs and a significant expansion of that facility.
Business Development Manager