Tax credits, vision and talent pool. Those are three of the main reasons why AVL Powertrain Engineering is establishing a hybrid and alternative fuel development center in Ann Arbor.
The state is giving $298,559 in tax credits over five years to entice the multi-national corporation to expand its presence in Ann Arbor. It's a move that will create 40 new jobs within the next two years. Jobs the leadership at AVL doesn’t think it will have a problem filling from Ann Arbor deep technical talent pool.
"There is a technical expertise we're looking for," says Chet Ricker, vice president and CFO of AVL Powertrain Engineering. "These are high-tech positions for engineers."
It also helps that Michigan has established itself as a leader in attracting advanced battery and hybrid technology development. AVL will invest $2.6 million to continue research on hybrid, electric vehicle and alternative fuel vehicle development, integration and testing services.
Source: Chet Ricker, vice president and CFO of AVL Powertrain Engineering and Jerry Klarr, director hybrid programs for AVL Powertrain Engineering
Writer: Jon Zemke
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