Global auto supplier expands in Troy

By: Terry Oparka | Troy Times | Published September 14, 2011

Advertisement
Advertisement

An international company that designs and manufactures interiors, electronics, roofs, door systems and other parts for the automotive and other industries plans to invest $3 million in a facility on Crooks Road.

City Council approved a six-year, $17,866 tax break for Inteva Products Aug. 29 in support of the investment in machinery and equipment that will add 35 new jobs to the 184 current jobs at the Troy facility.

Inteva is headquartered in Troy and employs more than 8,000 people in 18 countries. The company operates facilities in six states, as well as Canada, China, France, Germany, India, Japan, Spain and the United Kingdom. It opened a new automotive interiors technical center in Vandalia, Ohio, this spring and a new closure systems operations facility in Brazil in August.

The council approved the abatement by 6-1. City Councilman Martin Howylak opposed the measure.

“It’s inherently unfair to other property taxpayers who pay their property taxes in full,” Howrylak said. “It’s good for one; it’s good for all.”

“It’s is a tool every other municipality has and uses,” Mayor Pro Tem Mary Kerwin said. “For many years, the city chose not to use it, and we lost opportunities and business. … We will continue to see growth from this company, jobs, and jobs for our own residents.”

Mayor Louise Schilling said that applicants have to meet state standards for tax abatements, and the granted abatement will result in an additional $17,866 in city taxes. “Many businesses would not meet those standards,” Schilling said. “I look at this as a benefit, totally, for our community.”

Troy City Assessor Nino Licari said that, with the expansion, the company will occupy about 75 percent of a building formerly occupied by Delphi Lighting Systems.

“It’s wonderful to see Inteva choose Troy,” Kerwin said.
 

Advertisement
Advertisement