- Program Education
- Program Area Special Initiatives
- Grant Amount $400,000
- Grant Period July 1, 2002–December 31, 2003
- Location Ann Arbor, MI, United States
- Geographic Focus Canada, Indiana, Michigan, New York, Ohio, Wisconsin
About this grant
As the U.S. automotive industry undergoes a new period of dramatic change, the enormous source of economic value and high wage employment that constitutes much of an automotive community’s economic base is once again at risk. Financial pressures are forcing unprecedented industry restructuring at major vehicle firms. It is estimated that as many as 25 percent of all U.S. automotive suppliers, tool and die companies and equipment firms may face insolvency by the end of 2002. At the same time, the industry is implementing new paradigms of automotive investment that will transform the North American industry by 2010.Funding will enable representatives from 15 cities in the Upper Midwest and Canada, with economies traditionally dominated by automobile manufacturing, to network and plan how best to address the industry’s major restructuring. The program will include an automotive outreach campaign, an automotive communities study program and an annual automotive communities conference and tri-annual meetings.Altarum, formerly known as the Environmental Research Institute of Michigan, houses the Center for Automotive Research. The center provides automotive industry analysis to support corporate strategy, investment analysis and government policy development.