Ralco Industries Inc., a supplier of welded assemblies, metal stampings, design prototype and tooling for the automotive industry – plans to invest $6.4 million to expand to a larger facility here which will serve as the company’s North American corporate and manufacturing headquarters.
The state recently approved tax credits worth a combined $2.6 million over seven years to encourage the company to expand in Michigan over a competing site in Tennessee.
Officials expect the project to create more than 100 jobs. The Michigan Economic Development Corp. supported the deal.
For more information about the company visit http://www.ralcoind.com/