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eMacomb - Groundbreaking News, Fall 2015

AGM Automotive expands into Sterling Heights

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In mid-December, AGM Automotive of Troy will be opening the doors of a brand new 73,000-square-foot building on Progress Drive in Sterling Heights. This new building will be a state-of-the-art warehousing and logistics facility for the tier one automotive supplier of interior trim, lighting and electronic components.

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Utilizing the services of the Bonner Advisory Group, the city of Sterling Heights and Macomb County’s Economic Development Services Group, AGM Automotive was able to procure a 10-year Industrial Facilities Tax Exemption for what is their ninth building worldwide. This new facility is a $3.36 million investment by AGM Automotive that will result in the transfer of approximately 40 jobs from the Troy headquarters while creating approximately 11 brand new jobs.