Eagle Ottawa is investing $10 million in expanding its tech center in Rochester Hills.
The Auburn Hills-based automotive supplier employs 150 at its headquarters and another 160 people at its tech center. That number will rise at its tech center after the expansion project is complete.
"We see growth in the employment there," says Brad Jackson, spokesman for
Eagle Ottawa. "We are making room for 50 more employees."
Eagle Ottawa is an automotive supplier that specializes in leather work. It is 150 years old and has grown its revenue by 18 percent over the last year. It has had a 25-percent compounded annual growth rate since 2011.
The firm has invested $75 million in global innovation initiatives and resources including design, R&D and marketing. Its $10 million expansion in Rochester Hills is part of that. The project will expand the building to 16,500 square feet to accommodate more prototyping and validation work. There will also be a new customer co-creation center aimed at empowering customers to ideate, prototype and validate their inspirations.
"Eagle Ottawa is committed to research and development and continually investing in its development," Jackson says.
Source: Brad Jackson, spokesman for Eagle Ottawa
Writer: Jon Zemke
Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.
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