High-performance engineering company Cosworth, known among gearheads for specializing in engines and electronics dedicated to motorsport, will open a $30 million plant in suburban Detroit.
The U.K specialist will supply an unnamed car manufacturer, Automotive News reports, with Cosworth CEO Hal Reisiger declining to identify the firm in an interview, though stating that the company produces “high-performance road cars”.
The supplier will produce V8 cylinder heads at the Shelby Township factory in Michigan, beginning with 2018. Judging by the type of components the plant will produce, TVR springs to mind – especially as the car maker recently solidified a partnership with Cosworth for developing a V8 for an upcoming sports car – but the logistics and the time table could state otherwise.
Reisiger continued saying that Cosworth plans to eventually produce parts for other high-performance engines and customers, as the factory will be flexible enough: “It’s part of our plan, expanding our footprint.”
Cosworth’s U.S. business is based in Indianapolis and the company picked the Michigan location over a site in Indiana, where it already has an electronics factory.
According to a Michigan Economic Development Corp. memo, the institution granted Cosworth a $2.1 million loan, saying it can be converted into a grant if it meets certain requirements related to job creation.