Cadillac Rubber pumps $7.6 million into Michigan plants

By Rhoda Miel

Cadillac, Michigan -- Cadillac Rubber & Plastics Inc. will invest $7.6 million (€5.9 million) to upgrade its operations at two plants in Michigan.

The company, operating under the name Avon Automotive, has 565 employees at the Cadillac and Manton facilities turning out air ducts, fuel hose and other under-the-hood auto parts.

Executives did not respond to requests to provide more information on the firm's plans.

Michigan Economic Development Corp. also announced that Avon will receive a single business tax credit worth more than $5.3 million as part of an incentive package aimed at keeping the company in the state.

The cities of Cadillac and Manton are considering tax incentives worth more than $100,000.

From Plastics News (A Crain publication)