Laepple Automotive to Invest $93.4 Million in New U.S. Headquarters in Detroit

Staff
By Staff
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Laepple Automotive, the U.S. entity of German auto parts manufacturer LÄPPLE AUTOMOTIVE, plans to establish its new U.S. headquarters and main operations in Detroit. The project will create up to 173 new jobs and up to $93.4 million in capital investment, solidifying the company’s presence in the state while adding to Michigan’s robust automotive industry.

Laepple Automotive manufactures stamped spare body parts for automobiles such as hoods, fenders, doors, and trunk lids, with the capability to produce any part for any OEM.

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The project’s location, the Mount Elliott Tool and Die facility, has been a significant automotive manufacturing site for more than 80 years. Currently vacant, the facility will be significantly rehabilitated with the latest automotive manufacturing equipment.

The project is being funded with a $3.5 million Michigan Business Development Program grant and approval of a five-year, 100% State Essential Services Assessment (SESA) exemption with an estimated value of up to $653,760 for its $78,850,000 eligible investment in Eligible Personal Property.

“Laepple Automotive is recognized internationally for their advances in forming sheet metal and car body assembly,” said Maureen Donohue Krauss, CEO and president of the Detroit Regional Partnership. “They’ve helped bring life back to older industrial facilities in Germany, which we were recently able to tour, and we’re excited for them to do the same at the former Mt. Elliott facility in Detroit.”

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