LTC Roll & Engineering - Expands to St. Clair County, MI

 

St. Clair County, Michigan

LTC Roll & Engineering Company, a world class manufacturer of metallic components and assemblies supplying the automotive, building products and alternative energy market is expanding to St. Clair County, Michigan.     

LTC Roll & Engineering Company has purchased the vacant Manter facility located at 7177 Marine City Highway in the Township of Cottrellville and plans to invest nearly $8.6 million to modernize the building.  In addition, it will be creating 90 jobs.

“We realize that competing sites in other states were considered, so we are very grateful that LTC Roll & Engineering chose to expand in our wonderful community”, said Kelly Fiscelli, Supervisor of Cottrellville Township.

LTC Roll & Engineering is a supplier to several highly recognized automotive customers, including General Motors (GM), Chrysler, Delphi Automotive Systems, Webasto, Lear, Magna and Faurecia.  Currently, the company has several locations in the Detroit area with corporate offices, manufacturing, engineering and tooling.  The new location will allow LTC to further grow its book of business in the automotive sector.

The Economic Development Alliance (EDA) of St. Clair County coordinated business incentives with the Michigan Economic Development Corporation which resulted in a $450,000 performance-based grant from the Michigan Business Development Program.  The EDA also plans to assist the company with a future job fair.  In addition, the EDA was able to work with the St. Clair County Road Commission and Michigan Department of Transportation to obtain a $584,000 grant to complete road improvements to Marine City Highway.    

“The business incentive package brought to the table by the Michigan Economic Development Corporation (MEDC) was a key factor in eliminating the out-of-state options being explored.  We are very thankful to the MEDC, State of Michigan, EDA and Township of Cottrellville for the coordinated efforts to keep LTC Roll and Engineering expanding in Michigan.   We are very pleased to be growing our operation in our home state“, said    Ned Cavallaro,  Vice President of LTC Roll & Engineering.

“This is a wonderful addition to our manufacturing community in St. Clair County, said Dan Casey, CEO of the Economic Development Alliance.  “One of EDA’s goals is to attract good paying jobs to the county and LTC provides a very competitive wage to its employees.”

Casey also acknowledged the efforts of David Haynes and Bruce Seymore from the EDA team to secure state and local support for the project.  Their efforts made the Cottrellville Township facility an attractive option.

About EDA:

The Economic Development Alliance (EDA) of St. Clair County is a private non-profit organization that provides general purpose economic development services throughout St. Clair County.  EDA offers a wide variety of services involving business recruitment and business retention with an overall goal of enhancing the quality of life for residents in St. Clair County.  The EDA is supported by a membership of over 100 businesses from the private & public sector.  www.edascc.com.   

 LTC Roll and Engineering Website:  http://www.ltcroll.com/Company-History.aspx