Ann Arbor Spark support for Mahindra GenZe
Mahindra and Mahindra’s division, Mahindra GenZe has settled in Ann Arbor as a result of Ann Arbor Spark’s efforts to attract high tech businesses to the region. This is Mahindra GenZe’s first facility in the United States and bike designing and manufacturing for the new tech vehicle was done here. Mahindra GenZe is investing up to $2 million and creating 34 jobs related to vehicle research and manufacturing.
In aiding Mahindra GenZe establish its new facility in Ann Arbor, Spark helped with its application for incentives from the Michigan Economic Development Corp. alongside connectionthe company with City of Ann Arbor officials take things forward as perlocal requirements related to manufacturing in the City. Ann Arbor Spark also assisted in helping GenZe identify a site for its new facility.
“We’ve been working with the SPARK team on our expansion to Ann Arbor for over a year now, and we couldn’t be more impressed with their professionalism and knowledge,” said Allen Clark, Mahindra GenZe. “Ann Arbor SPARK provided expert assistance in selecting a site for our new manufacturing facility, and walked us through the process of securing both state and local incentives. Additionally, SPARK introduced us to the right people at the right time, making our expansion to Ann Arbor a success.”
“Securing incentives and selecting a site for such an important expansion is complicated, especially for a foreign company looking to expand to the U.S.,” explained Ann Arbor SPARK president and CEO Paul Krutko. “Ann Arbor SPARK helped Mahindra GenZe navigate the process and secure a $300,000 Michigan Business Development Program performance-based grant from the Michigan Economic Development Corp. Our business development team also provided assistance to the company in finding the perfect location for both research and manufacturing of its vehicle technology.”
“Mahindra GenZe represents a great win for the Ann Arbor region,” Krutko added. “The company recognized that we could offer the support, space and talent that they needed to advance their business goals and bring an innovative new product to market.”