International Automotive Components (IAC), LLC. located in the St. Clair, Michigan, Haas Industrial Park will be adding 57 projected new full-time, quality jobs with benefits as its expands to fulfill new work contracts. The company currently employs 225 employees.
The estimated $2 million dollar expansion will include 40,000 square-feet to the north of the building and an investment of approximately $8 million in the purchase of new equipment. The City of St. Clair approved a 50 percent, 12-year tax abatement on real property taxes to support the project.
IAC manufacturers soft-trim components for the automotive industry market. IAC is headquartered in Luxembourg and employs 32,000 people in more than 100 communities in 22 countries. Additionally in Michigan, the firm has facilities in Alma, Mendon, Plymouth, Port Huron, Troy and Warren.