Subsidy Tracker Individual Entry
Continental Automotive Systems is a part of Continental AG???s automotive group, one of the world???s leading automotive suppliers. Based in the City of Auburn Hills, Continental Automotive Systems is the powertrain division of the Continental Group and focuses on developing solutions for reducing emissions, optimizing fuel consumption and delivering outstanding handling characteristics. The company plans to add capacity at a facility in Auburn Hills for automotive research and development, investing $1.5 million and creating 250 new jobs. As a result of the expansion, Continental Automotive Systems has been awarded a $1 million Michigan Business Development Program incentive. The City of Auburn Hills has offered an eight year tax abatement valued at approximately $391,500.
Year is fiscal year. Jobs is sum of new and retained positions.