Fortescue, a global company specializing in green energy, metals, and technology, has received support and incentives from the Michigan Strategic Fund (MSF) to establish a cutting-edge US Advanced Manufacturing Center in Detroit, Michigan. The plan involves repurposing the Piquette Avenue facility into a major hub for Fortescue’s production of automotive and heavy industry batteries, fast chargers, and electrolyzers.
By rehabilitating the existing facility, Fortescue aims to create a state-of-the-art manufacturing and engineering workspace that can begin production by 2025. The site has the potential to generate up to 600 jobs as product lines ramp up through 2030, aligning with Fortescue’s commitment to green manufacturing projects and job creation.
Fortescue Energy CEO, Mark Hutchinson, expressed excitement about revitalizing the birthplace of the automotive industry and the company’s investment in advanced manufacturing. This investment represents Fortescue’s dedication to driving the future of green technology and fostering a robust manufacturing job market in the United States.
Michigan Governor, Gretchen Whitmer, highlighted the positive impact of Fortescue’s decision on job opportunities and economic growth in Michigan. Investments in advanced manufacturing and clean energy sectors, like Fortescue’s, enhance the quality of communities, making them attractive places to live, work, and invest.
To support this project, the Michigan Strategic Fund has approved various financial measures, including a $9 million performance-based grant from the Michigan Business Development Program and tax incentives for brownfield redevelopment activities. The City of Detroit Brownfield Redevelopment Authority is also extending support through local initiatives and tax abatements.
Fortescue WAE CEO, Judith Judson, emphasized the appealing aspects of Detroit as a manufacturing location, including its skilled workforce, existing electric vehicle and green energy supply chains, and strong government support. Collaboration with the local community is a priority for Fortescue to maximize the benefits of this project for all stakeholders.
Mayor of Detroit, Mike Duggan, praised Fortescue’s decision, recognizing its contribution to sustainability and clean energy investments. This development aligns with the ongoing revitalization of Piquette Street and nearby properties.
The new Fortescue site, originally constructed in 1920 as Fisher Body 23, offers ample space spread across six floors on 14 acres. Fortescue’s expertise in battery and zero-emission powertrain development and manufacturing positions them as leaders in various industries. They already operate production and manufacturing facilities in the United Kingdom and have a cutting-edge electrolyzer manufacturing site in Queensland, Australia.
CEO and President of the Michigan Economic Development Corporation (MEDC), Quentin L Messer Jr, noted the significance of Fortescue’s selection of Michigan for its new US Advanced Manufacturing Center. This decision underscores Michigan’s leadership in green technology, clean energy, and advanced manufacturing, contributing to a sustainable future.
In summary, Fortescue’s plan to establish an Advanced Manufacturing Center in Detroit presents a promising outlook for the green energy sector while driving economic growth and job creation in Michigan. This investment demonstrates the company’s commitment to advancing green manufacturing and decarbonization efforts. Detroit’s favorable manufacturing environment, combined with government support, positions the city as an ideal location for Fortescue’s ambitious venture.
The source of the article is from the blog be3.sk