Press Release
Veptos Plans Imlay City
For Veptos, this marks an important step in building the production capacity, workforce, and operating base needed to support armored vehicle modernization, fleet readiness, and sustainment work at scale.
Media Mentions
Michigan Economic Development Corporation
The Michigan Economic Development Corporation announced that the Michigan Strategic Fund approved support for Veptos through a $5 million Michigan Business Development Program performance-based grant. MEDC reported that Veptos plans to acquire the former bus manufacturing facility in Imlay City, create over 420 jobs, and invest $19.67 million in Michigan.
Read the full MEDC announcement:
Michigan Strategic Fund Board Supports Defense, Agribusiness Projects Creating Over 460 New Jobs
Tri-City Times
The Tri-City Times reported on Veptos’ planned move to the former Champion Bus facility at 331 Graham Road in Imlay Township. The publication noted that the site includes approximately 190,000 square feet on 73 acres and that the project is expected to create roughly 420 new jobs.
Read the Tri-City Times articles:
420 jobs for Imlay Twp.Champion Breaking News
MLive
MLive reported on the Michigan Strategic Fund’s $5 million award connected to Veptos’ planned Michigan expansion. The article also covered the company’s armored vehicle work and the broader economic development impact of the project.
Read the MLive article:
Michigan awards $5M to company supplying Israel, Ukraine with armored vehicles
Crain’s Detroit Business
Crain’s Detroit Business reported on Veptos’ planned headquarters move and the company’s expected creation of 420 jobs in Michigan.
Read the Crain’s Detroit Business article:
Armored vehicle maker Veptos plans HQ, 420 jobs in Michigan
Detroit Regional Partnership
The Detroit Regional Partnership included Veptos in its roundup of new defense projects landing in the Detroit Region. DRP stated that Veptos moved its armored vehicle manufacturing headquarters from Texas to Michigan, generating approximately $20 million in investment and creating 420 new jobs.
Read the Detroit Regional Partnership article:
New Defense Projects Land in the Detroit Region
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