(Pontiac, Michigan) - Ralco Industries Inc. – a supplier of welded assemblies, metal stampings, design prototype and tooling for the automotive industry - plans to invest $6.4 million to expand to a larger facility here which will serve as the company's North American corporate and manufacturing headquarters.

The state recently approved tax credits worth a combined $2.6 million over seven years to encourage the company to expand in Michigan over a competing site in Tennessee.

Officials expect the project to create more than 100 jobs. The Michigan Economic Development Corp. supported the deal.

For more information about the company visit http://www.ralcoind.com/

For more information about the Michigan Economic Development Corp. visit http://www.themedc.org/

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