Aeroflex Chooses Scio Township for Expansion
MEDC and Ann Arbor SPARK Collaborate to Attract Jobs, $3M in Investment
ANN ARBOR, Mich., April 20 /PRNewswire/ -- Aeroflex, Inc. has chosen to expand the operations of its Scio Township-based affiliate, Aeroflex/ INMET, a manufacturer of passive coaxial components for use in wireless communication applications. Aeroflex/ INMET was approved today for state tax credits by the Michigan Economic Growth Authority board, with support from Ann Arbor SPARK and the Michigan Economic Development Corporation.
As part of Aeroflex/ INMET 's expansion in the Ann Arbor region, Aeroflex, Inc. will consolidate operations from its affiliated New Jersey facility, with Aeroflex/ INMET beginning to manufacture the resistor product line. The new resistor product line includes a comprehensive variety of low and high power surface mounted passive devices utilizing resistive film technology for the wireless infrastructure and defense markets.
Aeroflex/ INMET designs, manufactures and markets a wide range of passive coaxial components used in a variety of wireless communication applications associated with both defense and commercial markets. The company considered remaining at its current New Jersey location as well as expanding at an alternate site in New Hampshire before choosing the Ann Arbor region.
In order to accommodate the relocated work from an affiliated New Jersey facility, Aeroflex/ INMET, which was founded in Scio Township, Mich. in 1976, will make significant capital investments, including new space, and new machinery and equipment. The company will renovate its current space and make extensive improvements to the new space, including specialized plumbing, electrical, ventilation and HVAC systems.
Aeroflex/ INMET has plans to create 47 new jobs in the Ann Arbor region over the next five years. Additionally, the company plans to invest over $3 million in capital investments.
About Aeroflex/ INMET
Aeroflex/ INMET is a manufacturer of RF, microwave and wireless components including attenuators, terminations, cable adapters, couplers, bias tees, DC blocks, power dividers and gain equalizers. Additional information concerning Aeroflex/ INMET can be found on the Company's Web site: www.aeroflex.com/inmet.
About Aeroflex, Inc.
Aeroflex Incorporated is a global provider of high technology solutions to the aerospace, defense and broadband communications markets. The Company's diverse technologies allow it to design, develop, manufacture and market a broad range of test, measurement and microelectronic products. Additional information concerning Aeroflex Incorporated can be found on the Company's website: www.aeroflex.com.
About Ann Arbor SPARK
Ann Arbor SPARK, a non-profit organization, is the driving force in establishing the Ann Arbor region as a destination for business expansion, retention, and location by identifying and meeting the needs of business at every stage, from startups to large organizations. Ann Arbor SPARK represents all communities in the Washtenaw County. Ann Arbor SPARK collaborates with business, academic, government, and community investor partners including the University of Michigan, Eastern Michigan University, Washtenaw Community College, Michigan Works!/ETCS, Washtenaw County, the City of Ann Arbor, the Bank of Ann Arbor and the Michigan Economic Development Corporation. For more information, please call (734) 761-9317 or visit www.AnnArborUSA.org.
SOURCE Ann Arbor SPARK
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