Battery manufacturer picks Northville for HQ
A vacant building near Five Mile and Beck roads in Northville Township is expected to get a high-tech tenant this year that will bring as many 279 jobs.
TSC Michigan Inc., a subsidiary of a South Korean company founded in 1986, has selected the location at 47050 Five Mile Road for its North American headquarters, according to the company and Northville Township officials.
Chief Executive Officer Allen Ibara said the building will serve as a research and development facility for lithium ion battery electrolytes for use in electric and hybrid vehicle batteries. He expects the company to begin operations at the site by the fourth quarter of this year.
Ibara said the property was selected because of its proximity to potential customers in the auto industry and to M-14.
Under an agreement with the township, the company would be taxed at half the normal rate on the property, formerly home of Optical Imaging Systems, for five years. Ibara said the company would invest $31 million, which includes the purchase price of the property, during that time.
"We were very interested in getting somebody in there," said Jennifer Frey, the township's director of Community Development. "We're very proud to have them in the community."