Editor's note: A photo caption on the original version of this story contained the incorrect location for SET's plant. It is in New Boston,Mich. And a chart appearing with the story showed the incorrect title for SET's Sid Taylor. He is chairman.
DETROIT -- It's hiring time at Detroit Manufacturing Systems.
On Saturday, Nov. 8, the minority-owned supplier of interior components was scheduled to hold the second of two job fairs to hire 200 assembly workers.
These are heady times for owner Andra Rush, who launched Detroit Manufacturing in 2012 as a 55-45 joint venture with Faurecia SA, a major global supplier based in France.
Rush, an entrepreneur who is descended from the Mohawk tribe in Ontario, got her start in the auto industry when she used her personal credit cards to finance her own trucking company.
It's safe to say that personal credit cards would not provide sufficient capital for Detroit Manufacturing, which has $700 million worth of component contracts for the F-150, Mustang, Focus and other Ford models.
Which is where her joint-venture partner comes in. Canny minority suppliers, who typically lack the global size and cutting edge r&d for competitive technology, are forming partnerships with Tier 1 companies to handle major production contracts.