RPI Newsletter | Q2 2018

ADAC AUTOMOTIVE

The Right Place assists ADAC Automotive with local expansion

said Jen Wangler, Business Development Manager, The Right Place, Inc. and project lead. “Facilities like these create the knowledge-based jobs that will drive innovation and product development in West Michigan.” Cascade Township is supportive of ADAC’s continued growth, and has approved a P.A. 198 tax abatement in support of both the expansion and new headquarters facility. “ADAC has been an outstanding business partner in our community for decades and continues to support Cascade with new investments,” said Rob Beahan, Township supervisor. “On behalf of the Township board and the community, we are proud to acknowledge the economic investment ADAC is making in Cascade with the approval of two IFT agreements. We look forward to its continued success and are proud to be the community ADAC calls home.” Formore information onADACAutomotive, visit www.adacautomotive.com .

Cascade Township. It will also expand its current facility by 24,000 square feet. Ultimately, the goal of the expansion is to have all Grand Rapids personnel located within one eight-acre campus. “This new combined location will open new doors of innovation and collaboration for ADAC,” said ADAC President & CEO Jim Teets. “We thank The Right Place for their continued support, providing the strategic assistance we needed to make this project happen in West Michigan.” The Right Place worked in collaboration with the company and the Michigan Economic Development Corporation (MEDC) to ensure ADAC continued its growth West Michigan versus other states. The Right Place also connected ADAC to workforce development resources at West Michigan Works! to assist with worker training. “Retaining strategic operations like ADAC’s R&D and headquarters are essential to our region’s long-term economic health,”

ADAC Automotive, a leading global manufacturer of automotive parts, has announced the expansion of its current operations in Cascade Township. The company’s new eight-acre corporate campus will result in the creation of 50 new jobs and a capital investment of more than $20 million over the next three years. ADAC, now a Tier 1 auto-supplier, was founded in the Grand Rapids area in 1975 and employs over 1,200 people in West Michigan. They design innovative solutions for inside and outside handles, next generation passive entry and electronics integration, exterior mirrors, body side moldings, fuel doors, rear upper spoilers, and rear access systems. As part of this expansion, ADAC is shifting its focus to new products within the automotive mobility environment, including the development and manufacturing of electronic components. To accommodate this growth, the company will be building a new 56,000 square foot headquarters near its existing facility in

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2018 ECONOMIC SUCCESS STORIES

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