Michigan economic-development officials announced October 6 that Methode Electronics’ Southfield headquarters project has support from a $900,000 performance-based grant approved by the Michigan Strategic Fund. The commitments include $3.7 million in capital investment; the company projects 90 additional Michigan jobs by 2030.
MEDC says the grant agreement will tie payments to milestones and may be amended or canceled if commitments are not met. The job and investment figures are commitments, not a report that hiring or spending is complete.
The headquarters move itself predates this announcement: Methode’s March 5, 2026 SEC filing already listed Southfield as its principal executive-office address. The manufacturer supplies electrical and electronic components for vehicles and industrial applications.