LT Precision spends $43.2 million to open first U.S. facility in Michigan

The plant is supported by a $700,000 performance-based grant from the Michigan Business Development Program

LT Precision Michigan, LLC, a subsidiary of LT Precision Co., LTD, has announced plans to initiate new manufacturing operations in Holland, Michigan. The company, which specializes in battery cooling plates for electric vehicle manufacturers, will invest $43.2 million into the project, generating 70 new jobs in the process. The plant, which will be the Korean-based company’s first facility in the U.S., is supported by a $700,000 performance-based grant from the Michigan Business Development Program, as well as a property tax abatement from the city of Holland.  

In a recent quote, Governor Whitmer said, “LT Precision’s new North American headquarters in Holland will create 70 good-paying jobs and keep bringing the advanced manufacturing supply chain home to Michigan. This investment will build on our strength as the destination for growing companies in the battery and future mobility sectors. Let’s continue going everywhere and working with anyone to win projects and create high-skill, family sustaining jobs across Michigan.” 



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About the Author

Alexis Gajewski

Alexis Gajewski

Senior Content Strategist

Alexis Gajewski is a manufacturing writer and editor with nearly 20 years of experience covering the people, practices, and technologies that keep industrial facilities running. For more than a decade, she served as Senior Content Strategist for Plant Services, creating content for plant managers, engineers, and maintenance professionals on a variety of industrial topics.

During her tenure, Alexis worked to develop the brand’s digital strategy and helped launch and produce Great Question: A Manufacturing Podcast. She also created The Lighter Side of Manufacturing, a weekly blog that explored the inventive and sometimes humorous side of the industry. 

Alexis co-founded Influential Women in Manufacturing, a recognition program that honored 49 women in its first two years, earned an industry award for Best Product Launch, and received a proclamation from Illinois Governor JB Pritzker and a commendation from U.S. Senator Tammy Duckworth.

She also led newsroom operations and development at a large media company where she set editorial standards, developed training curriculum, and helped support AI adoption for more than 150 editors across 80+ brands spanning manufacturing, industrial processing, automation, and more.

Additionally, Alexis works as a freelance writer and editor, and her areas of interest include continuous improvement, the skilled workforce, and the role of emerging technology on the plant floor.

Connect with Alexis on LinkedIn

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