Sources: Adient expected to move about 500 employees to downtown Detroit's Marquette Building

Posted on November 8, 2016

Detroit Mayor Mike Duggan is expected to announce Nov. 22 that Adient Ltd. is moving into the downtown Detroit building owned by a Mexican billionaire.

The relocation for the auto seat maker, newly spun off from former parent company Johnson Controls Inc., adds a major corporate player to a downtown that has lured other big companies in recent years, notably that of Dan Gilbert’s Quicken Loans Inc. and Blue Cross Blue Shield of Michigan moving thousands of employees from Southfield.

A media advisory from a public relations firm representing Adient said Duggan is expected on Nov. 22 to make an announcement about a Fortune 200 company making “a significant investment in the City of Detroit that will bring hundreds of jobs downtown.”

Sources said that company is Adient, and that it is expected to move about 500 employees into the Marquette Building at 243 W. Congress St. Adient is first Fortune 500 company to relocate its headquarters to Southeast Michigan since BorgWarner Inc. moved to Auburn Hills in 2004. (Though not yet an official member of the Fortune list, Johnson Controls’ $17.1 billion in 2015 automotive revenue would have ranked it 163rd in the Fortune 500 as a standalone company.)

Continue reading full story on Crain’s Detroit Business.