LANSING—State Sen. Phil Pavlov on Friday toured the Marysville plant of Samvardhana Motherson Reflectec (SMR) Automotive, an auto supplier that has received a multimillion-dollar state grant to boost its investment in Michigan jobs.
“SMR is an innovative, successful company that has laid down roots in Michigan and is creating jobs here in St. Clair County,” said Pavlov, R-St. Clair Township. “I am excited about this grant, which will help fuel the company’s growth and strengthen the economies of Marysville and the state as well.”
SMR is one of the largest manufacturers in the world of passenger-car rearview mirrors and other car components. The company secured nearly $4 million in a performance-based grant from the Michigan Business Development Program.
In May 2013, SMR announced it was planning to invest nearly $40 million into its Marysville location and purchase a 100,000-square-foot warehouse in Port Huron. Over three years, this expansion project will bring more than 350 new jobs to the facility, an increase of nearly 50 percent.
“The partnerships SMR shares with the state of Michigan, St. Clair County and the city of Marysville are prime examples of how the community and the business enterprise can come together and collaboratively create opportunities resulting in the revival of the manufacturing sector in the United States,” said SMR Chief Operating Officer Char Zawadzinski. “I’m truly happy to see jobs coming back here.”
The Michigan Business Development Program is an incentive plan administered by the Michigan Strategic Fund in cooperation with the Michigan Economic Development Corporation. Potential recipients of the grants are evaluated on a number of criteria, including out-of-state competition, near-term job creation, wage/benefit levels of new jobs, and others.