Daily News

Spanish firm establishes U.S. industrial operation in Michigan

Jason Sherman   | August 17, 2018
SAPA Transmission, the U.S. subsidiary of a Spanish defense contractor, is moving forward with support from the state of Michigan to establish a bona fide industrial operation there, advancing plans for a domestic manufacturing beachhead to challenge the Pentagon's two long-standing combat vehicle transmission suppliers. Last month, the Michigan Strategic Fund approved a potential $2.6 million business development grant to bolster SAPA Transmission's commitment to invest $40 million over five years and create more than 200 jobs outside Detroit as...

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