This is a list of notable companies located in the state of Michigan .
Top publicly traded companies in Michigan according to revenues with state and U.S. rankings | |||||
State | Corporation | US | |||
1 | General Motors | 21 | |||
2 | Ford | 22 | |||
3 | Dow | 82 | |||
4 | Penske Automotive | 143 | |||
5 | Whirlpool | 154 | |||
6 | Lear | 179 | |||
7 | Rocket Companies | 194 | |||
8 | Stryker | 212 | |||
9 | Kellogg's | 222 | |||
10 | DTE Energy | 250 | |||
11 | Ally | 287 | |||
12 | BorgWarner | 295 | |||
13 | SpartanNash | 329 | |||
14 | Auto-Owners | 341 | |||
15 | Autoliv | 392 | |||
16 | Masco | 398 | |||
17 | CMS Energy | 430 | |||
Further information: List of Michigan companies Source: Fortune [1] |
*Note: this list includes joint-ventures based in Michigan, subsidiaries of Michigan-based companies also located in Michigan, and companies based in Michigan currently owned or controlled by private equity, venture capital, or other similar entities. Below is a separate list of outside companies with a significant presence in Michigan.
The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles. It is one of the world's largest industries by revenue.
AM General is an American heavy vehicle and contract automotive manufacturer based in South Bend, Indiana. It is best known for the civilian Hummer and the military Humvee that are assembled in Mishawaka, Indiana. For a relatively brief period, 1974–1979, the company also manufactured transit buses, making more than 5,400 of them.
Tata Motors Limited is an Indian multinational automotive company, headquartered in Mumbai and part of the Tata Group. The company produces cars, trucks, vans, and busses.
Jiangling Motors Corporation Limited, abbreviated JMC, is a Chinese automobile manufacturer. According to company and press reports, the largest shareholder of JMC is Jiangling Investment, a company controlled equally by the state-owned enterprises Changan and Jiangling Motors Corporation Group (JMCG).
The Wayne Corporation was an American manufacturer of buses and other vehicles under the "Wayne" marque. The corporate headquarters were in Richmond, Indiana, in Wayne County, Indiana. During the middle 20th century, Wayne served as a leading producer of school buses in North America.
Toyota Motor North America (TMNA) is the operating subsidiary that oversees all operations of the Toyota Motor Corporation in Canada, Mexico, and the United States. Its operations include research and development, manufacturing, sales, marketing, after sales and corporate functions, which are controlled by TMNA but sometimes executed by other subsidiaries and holding companies. The company is headquartered in Plano, Texas, with offices in several locations including Georgetown, Kentucky, Ann Arbor, Michigan, Washington, D.C., and New York City.
Aisin Corporation is a Japanese corporation that develops and produces components and systems for the automotive industry. Aisin is a Fortune Global 500 company, ranked 359 on the 2020 rankings. Aisin is a member of the Toyota Group of companies.
Penske Corporation, Inc. is an American diversified transportation services company based in Bloomfield Township, Oakland County, Michigan. Roger Penske is the founder and chairman of the privately held company, and Rob Kurnick is the president. Penske operates in the automotive retail, truck leasing, transportation, logistics, and motorsports industries. Penske operates in over 3,200 locations and employs more than 70,000 people globally.
The Shyft Group, formerly known as Spartan Motors, is an American automobile design company that designs, engineers and manufactures specialty chassis, specialty vehicles, truck bodies and aftermarket parts for the recreational vehicle (RV), government services, and delivery and service markets. The company started in 1975 as a direct result of the bankruptcy of Diamond Reo. It is currently headquartered in Novi, Michigan and has 3,000 employees.
Automotive Components Holdings, LLC is a Ford Motor Company-managed temporary business formed by the 2005 transfer of 17 automotive components factories and six research, testing and other facilities from Visteon Corporation to Ford. The creation of ACH was intended to ensure that Ford continued to receive a flow of parts from the facilities, whilst enabling them to be prepared for sale or other disposition.
A123 Systems, LLC, a subsidiary of the Chinese Wanxiang Group Holdings, is a developer and manufacturer of lithium iron phosphate batteries and energy storage systems.
The history of General Motors (GM), one of the world's largest car and truck manufacturers, dates back more than a century and involves a vast scope of industrial activity around the world, mostly focused on motorized transportation and the engineering and manufacturing that make it possible. Founded in 1908 as a holding company in Flint, Michigan, as of 2012 it employed approximately 209,000 people around the world. With global headquarters at the Renaissance Center in Detroit, Michigan, United States, General Motors manufactures cars and trucks in 35 countries. In 2008, 8.35 million GM cars and trucks were sold globally under various brands. Current auto brands are Buick, Cadillac, Chevrolet, GMC, Baojun, and Wuling. Former GM automotive brands include LaSalle, McLaughlin, Oakland, Oldsmobile, Opel, Pontiac, Hummer, Saab, Saturn, Vauxhall, Daewoo, and Holden.
Beijing Automotive Group Co., Ltd. (BAIC) is a Chinese state-owned automobile manufacturer headquartered in Shunyi, Beijing. Founded in 1958, it is the sixth largest automobile manufacturer in China, with 1.723 million sales in 2021.
Ford Motor Company is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln brand. Ford also owns a 32% stake in China's Jiangling Motors. It also has joint ventures in China, Taiwan, Thailand, and Turkey. The company is listed on the New York Stock Exchange and is controlled by the Ford family; they have minority ownership but the majority of the voting power.
Nexteer Automotive is a global motion control technology company. It is a publicly traded company owned about one-third by its shareholders and about two-thirds by Pacific Century Motors, which in turn is 51% owned by AVIC Automotive. Nexteer's global headquarters is in Auburn Hills, Michigan, United States.