LANSING, Mich. — Sen. Dale Zorn is applauding a recent announcement from the Michigan Strategic Fund (MSF) approving a grant to help a bring $12.3 million manufacturing project to Adrian that will create 111 jobs.
Daejin Advanced Materials USA, Inc. plans to establish operations in North America that will allow it to further develop and produce materials that support EV battery cells.
The MSF awarded Daejin a $500,000 Michigan Business Development Program performance-based grant to establish new manufacturing operations in an existing facility in Adrian to support existing companies already located in the Midwest, allowing the company to keep on pace to meet the tight deadlines of its clients.
“This grant will help bring new investment and jobs to Adrian and also strengthen Michigan’s leadership role in the growing advanced battery and electric vehicle industries,” said Zorn, R-Onsted. “Michigan has long been the home of automotive manufacturing in America and projects like this one are critical to ensuring that we remain an automotive leader long into the future. I applaud everyone involved in this project for their work in making this opportunity a reality for the people of Michigan.”
Daejin Advanced Materials USA, Inc., a subsidiary of South Korean firm Daejin Advanced Materials, was established in 2019 to research and manufacture special polymers for batteries. The company is heavily involved in the growing electric vehicle market and will be supporting R&D for multiple customers in the North American market.
Michigan was chosen for the project over competing sites in Ohio and Tennessee.