A German-based engineering and design company will invest $7 million to expand its operations in Auburn Hills and Troy over the next two years, creating up to 170 new jobs, Gov. Jennifer Granholm announced Thursday.
The Democratic governor is near the end of a weeklong trade trip to Sweden and Germany. She met with EDAG Engineering and Design AG officials at the company's facility in Fulda, Germany, before announcing the expansion.
EDAG has its North American headquarters and technology center in Auburn Hills and operates an additional technology center in Troy. It employs about 270 Michigan workers.
Michigan is home to more than 300 German-owned companies, defined as those with at least 50 percent German ownership, that employ over 170,000 people.