One of the largest projects announced Tuesday comes from Teradyne, a global supplier of automatic test equipment and advanced robotics. The company will establish a new U.S. Operations Hub in Wixom with support from a $2.7 million Michigan Business Development Program grant approved by the MSF Board.
“Michigan is open for business and on the move, creating good-paying jobs and growing our economy so every family can succeed,” Whitmer said in a statement. “From advanced robotics to finance software to dairy, these four companies will drive growth and cutting-edge innovation in Michigan.”
Quentin L. Messer Jr., CEO of the Michigan Economic Development Corp. and chair of the Michigan Strategic Fund, said the diverse set of investments shows continued confidence in the state’s business climate.
“From advanced technology solutions expanding their footprint in the United States here in Michigan, to FinTech innovations and dairy farmers, we are once again proud to support businesses who represent Michigan’s diverse economy,” Messer said in a statement.
“While work remains, we are thrilled that the MSF Board continues to support opportunities to enhance the Make it in Michigan economic development strategy focused on People, Places, and Projects.”
The hub is expected to create about 230 jobs and bring up to $32 million in investment. Teradyne plans to manufacture Universal Robots’ collaborative industrial robots — known as cobots — at the Wixom facility, with potential future production of MiR autonomous mobile robots.
A recent survey shows that 73% of North American manufacturers cite productivity improvement as their top reason for investing in automation.
Of the companies already using cobots, the vast majority (87%) are already seeing double-digit productivity improvements. Eighty-three percent of all respondents reported positive employee sentiment toward robotics adoption.
Teradyne Robotics produces a range of robots designed to work alongside people, augmenting existing workforces and creating better workplace environments for employees, according to Teradyne Robotics officials. Its scalable, AI-enabled robotics platforms are built for agility, flexibility and future-proof performance.
Teradyne already has a large robotics customer base in North America and a regional robotics office in Novi, Michigan. The company is based in North Reading, Massachusetts with its robotics R&D based in Denmark.
The location of the new Operations Hub was a strategic choice based on the area’s strong manufacturing heritage and industrial future.
The site will also serve as a customer training center, service hub, and visitor experience center.
“Locating this hub in Metro Detroit puts us at the center of U.S. manufacturing and innovation,” Justin Brown, chief commercial officer for the Teradyne Robotics Group, said in a statement. “Being close to leading manufacturers allows us to deliver automation solutions to some of our biggest customers.”
Brown said Michigan’s industrial base, university network and “growing aerospace sector” made the region an ideal choice over several competing states.
Teradyne said the hub will help American manufacturers increase productivity, reshore operations, and integrate automation amid ongoing workforce shortages.
More information about the initiative is available through the Universal Robots news center. Job seekers interested in opportunities with Teradyne can visit the company’s website.
For additional information from Whitmer’s announcement, click here.
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