American Broach & Machine Company will establish a new research and development center in the Ann Arbor region and today received a MEGA tax credit totaling $572,782 to help encourage the expansion.
American Broach & Machine Company, a designer and builder of machine tools for the auto and defense sectors, plans to invest $25 million in a new research and development center in Ypsilanti. The company expects the project to create up to 43 new jobs.
The MEGA award helped convince American Broach & Machine Company to invest in Michigan over competing sites in Canada and China.
Subscribe to our newsletters
Don’t miss an event, announcement, or job opportunity. Get news delivered to your inbox and stay informed about what is going on in tech, business, and talent in the greater Ann Arbor region.
Subscribe to our newsletters
Don’t miss an event, announcement, or job opportunity. Get news delivered to your inbox and stay informed about what is going on in tech, business, and talent in the greater Ann Arbor region.