Ricardo Inc. dynamometer project is expected to create 106 new jobs, 45 directly by the company.

Ricardo, Inc. , the eco-innovation technology company and a leading independent provider of technology, product innovation, engineering solutions and strategic consulting to the world's automotive, transport and new energy industries has a new battery-testing development underway at its Van Buren Township location, and is considering a new $12.3-million rolling chassis dynamometer facility for emissions testing. The dynamometer project is expected to create 106 new jobs, including 45 directly by the company . A state tax credit valued at $2.2 million over 13 years helped convince the company to invest in Michigan over a competing site in Germany. Last March, the company was approved for a state tax credit valued at $991,000 over 10 years to support the establishment of a battery systems development center for hybrid and electric vehicle battery pack development.

Ricardo, Inc is one example of how Michigan can give business the Upper Hand. Read additional Michigan Success Stories, or better yet, contact the MEDC  to join the list of successful companies doing business in Michigan.