MACI Investing $82 Million in Expansion to Support Electric Vehicles

The entrance to MACI.  JTV file photo.

(November 10, 2022 11:50 AM) The Enterprise Group of Jackson today announced Michigan Automotive Compressor, Inc. (MACI) is planning to install new production processes at its existing facility in Parma, a project that will generate a total capital investment of $82 million and keep 241 jobs in the state.  As the automotive market continues to migrate away from the internal combustion engine, MACI will begin production of new technology products developed for electric vehicles.  

The Michigan Strategic Fund today approved a five-year, 100 percent State Essential Services Assessment negotiated assessment rate for the company, which is valued at $984,000 for the company’s $82 million investment. The company also anticipates receiving a property tax abatement in support of the project.

According to the Michigan Economic Development Corporation, the project contributes to the MEDC’s ongoing efforts to strengthen Michigan’s leadership in automotive manufacturing and builds on the state’s work to position itself as the epicenter of autonomous and electric vehicle manufacturing in the U.S. The project will also ensure the company’s long-term viability and future growth while it remains one of the strongest employers in the region.

“The Enterprise Group of Jackson considers this project a transformational and significant opportunity for MACI and our Jackson community. We are excited about MACI’s equipment investment to bring localized production of electric compressors to Michigan, specifically Jackson County, Michigan,” said Enterprise Group of Jackson Vice President of Economic Development Alex Masten. “This project has a huge impact on our local economy in terms of retained jobs and capital investment, so we are pleased to hear of the MEDC’s and MSF boards’ support of this very important transition.”

Michigan Automotive Compressor, Inc. (MACI) is a joint venture between Toyota Industries Corporation and DENSO and has more than 900 employees at its facility in the village of Parma. The company is a high-volume precision aluminum CNC cast/machining and automated assembly manufacturer of air conditioning compressor with clutch for the major automotive vehicle manufacturers. MACI is the largest manufacturing employer in Jackson County.