A tooling and equipment supplier plans to locate its North American headquarters in Farmington Hills, creating about 30 jobs.
International Wheel and Tire Inc., a joint venture between Arkk Engineering and SH-Corporation of China, is a tooling and equipment supplier specializing in the design and manufacture of balancing machines for balancing tires, wheels, assemblies, and components.
As a result of increased sales, the company is in need of a high-tech facility to research, develop, manufacture and sell industrial automation equipment related to tire and wheel production and testing. The facility in Farmington Hills will also serve as the parent company’s North American headquarters, according to a release from the Michigan Economic Development Corp.
IWT plans to invest $4.2 million and create 30 jobs. The company has been awarded a $270,000 Michigan Business Development Program performance-based grant.Advertisement
The company chose Michigan over competing sites in the southeastern United States.
The city of Farmington Hills has offered to host a talent recruitment event. IWT is looking for engineers, electrical apprentices and other technical positions. To apply, visit www.iwt-global.com
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