Pace's presence in the Detroit area has grown with the relocation from Fayetteville, Arkansas to NOVI, Michigan. The town of Novi, Michigan, is home to the Novi International Film Festival. It has been announced that Pace Industries, a custom die casting, engineering, and manufacturing provider to the automotive, commercial vehicle, powersports, lighting, lawn and garden, appliance, aerospace, defense, and medical industries, has relocated its global headquarters from Fayetteville, Arkansas to Novi, Michigan. Pace Industries has been in business for more than 50 years. Pace Industries' presence in the Detroit metropolitan area will grow as a result of this move.New headquarters are located at 28125 Cabot Drive, Suite 120 in Novi, Michigan 48377 and are state-of-the-art in every way. It is anticipated that Pace Industries will hire 75 full-time employees at its inception, with plans to grow.Mr. Donald Hampton Jr. CEO of Pace Industries, stated, "Pace Industries has a long history of supplying the transportation and industrial manufacturing industries, and the company is poised for further growth."« Relocating to the Detroit area gives us greater access to our extensive customer and supplier base, as well as to the wealth of talent available in the area. »The company's vision is to become the world's leading die casting manufacturer and engineering solutions provider, serving customers in a variety of industries around the world.Governor Gretchen Whitmer stated that the decision by Pace Industries, a leading national die casting manufacturer, to relocate its headquarters to Michigan "underscores the strength of our business climate and creates more good-paying, high-skill jobs for our talented workforce."As we continue our economic jumpstart and put Michigan back to work, this is fantastic news for workers, their families, and our economy as a whole."We can rebuild our state's economy stronger than ever before with the assistance of companies such as Pace." How to develop the culture of die casting company?
A small die-casting facility in Harrison, Arkansas, was established in 1970, and Pace Industries was acquired by TCW Group and Cerberus Capital Management, LP in June 2020 for $1.2 billion. Current customers include several market-leading transportation, recreation, and consumer goods manufacturers, who rely on the company for a variety of structural, cosmetic, and machined products.An entirely new Shared Services Center has been established in Fayetteville as part of the relocation, while the executive, engineering, sales, marketing, and other customer-facing teams have relocated to a brand-new Detroit office.When our company considers the future, our ability to exceed the needs of key customers through the use of various metals and engineered solutions positions us as a natural partner for leaders in those markets, Hampton explained. "Pacific Industries, based in Novi, Michigan, is the world's largest high-pressure die casting company, producing aluminum, magnesium, and zinc alloys. Because of its strategic location throughout North America, Pace has a diverse manufacturing footprint that includes 17 manufacturing facilities throughout the United States and Mexico. To meet the needs of customers in a variety of industries, Pace provides a comprehensive range of services and capabilities in a variety of markets such as: automotive, commercial vehicle (truck), powersports (boat), lighting, lawn and garden (lawn and garden), appliance, aerospace, defense, medical, and other industries.