Nexteer Automotive, a company specializing in intuitive motion control, has announced that Auburn Hills will be the future home of its global headquarters in the second quarter of 2016.
“This stand-alone location will position us closer to our business partners, industry experts and will continue enhancing the Nexteer brand,” says Larent Bresson, COO of Nexteer Automotive.
Bresson spoke about the benefits of being an independent, global company with a supportive controlling Chinese shareholder. Nexteer has grown to a global workforce of more than 12,000 — 5,000 of which are based in Michigan.
Since China’s AVIC Automotive became a controlling shareholder in 2010, Nexteer has added approximately 2,000 jobs in Michigan and invested more than $400 million in the state. The new headquarters will house approximately 150 employees who will be a combination of new and current Nexteer employees.
“We’re a big part, and I believe the best example, of Chinese investment in the North American auto industry,” Bresson says.