A subsidiary of French automotive supplier Compagnie Plastic Omnium plans to invest up to $171 million at a pair of sites in Michigan to support a large award from an automaker.
The company is looking into a site in near Flint, Mich., for a 200,000-square-foot plant to produce hydrogen storage systems, according to a briefing memo from the Michigan Economic Development Corp.
Prior to full-scale production, the company aims to lease a 50,000-square-foot existing building for a test lab capable of validating the hydrogen storage systems for road use. The location of that plant is yet to be determined.
The name of the customer and description of the vehicle were not provided. Crain's Detroit Business, an affiliate of Automotive News, inquired with the company for more information.