Indian automaker Mahindra & Mahindra Ltd. on Aug. 8 said it is considering General Motors Co.'s shuttered plant in Flint, Mich., as the location for its second U.S. manufacturing facility.
Mahindra said it signed a letter of intent with real estate developer RACER Trust to examine the site in Flint. It operates from a factory in Auburn Hills, Mich., which also serves as its North American headquarters and is at capacity.
The plant would produce next-generation mail delivery trucks if Mahindra is awarded a contract by the U.S. Postal Service, or USPS, in addition to other new products for the U.S. market. It is one of five companies short-listed for the USPS mandate. The winner is expected to be announced later in 2019.
"Winning the USPS contract is a key element of our growth strategy but it's only a piece of what we have planned," said Rick Haas, president and CEO of Mahindra Automotive North America. "We have a long-term product plan and we believe the former Buick City site in Flint is a strong contender for what would essentially be Mahindra's first large-scale manufacturing operation in the United States."
The plant, which shut in 2010, could create up to 2,000 jobs through 2024, Mahindra said.
The company added that it is also in discussions with other states and sites, and that the decision would be made in part based on the financial incentives made available by the state of Michigan.