- Associated Press - Tuesday, July 28, 2015

DETROIT (AP) - Michigan has improved incentives for a Chinese auto industry supplier’s planned $26.9 million Detroit facility that officials say will create 160 jobs.

The $1.3 million grant to YFS Automotive Systems Inc. comes from the Michigan Strategic Fund’s Michigan Business Development Program.

Gov. Rick Snyder says he met with YFS officials during his 2014 trade mission to China. He says landing the project shows the strength of Michigan’s economy and talent pool.

YFS Automotive Systems is part of Rongshi International and supplies fuel tanks to automakers. Michigan says the company will plans acquire a vacant 30-acre site for a 150,000-square-foot factory.

The Michigan Economic Development Corp. said Tuesday the incentive is one of four from the Michigan Strategic Fund. It says they will create 510 jobs and generate $83 in investments.

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