Governor Whitmer, RENK Group Announce Additional Investment in Michigan
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Governor Whitmer, RENK Group Announce Additional Investment in Michigan
Augsburg, February 13, 2026 – Michigan Governor Gretchen Whitmer joined RENK Group Dr. CEO Alexander Sagel to announce RENK Group’s continued strong commitment towards the 26th U.S. state. RENK is investing a total of $70 million in capital expenditures and $80 million in research and development in Michigan from 2024 to 2030.
“Michigan is the birthplace of modern manufacturing, and RENK’s investments in the state reinforce our position as a leader in the future of defense,” said Governor Whitmer. "These critical investments bring job opportunities that will help Michigan families thrive and strengthen America's national security.”
“Let’s keep working together to strengthen our defense industry, create good-paying jobs, and build an economy that works for everyone,” Whitmer added.
After meeting Governor Whitmer in Ann Arbor last year, I am honored to welcome her to RENK’s global headquarters and to reaffirm our commitment to serving as a trusted supplier to the U.S. military and allied forces,” said Dr. Alexander Sagel, CEO of RENK Group.
Dr. Sagel added that RENK is creating up to 270 new jobs in Michigan between 2024 and 2030. He also noted that the company continues to actively explore potential M&A opportunities in the state. These efforts reflect the company’s confidence in Michigan’s talented workforce, strong industrial base, and supportive business environment.
RENK America and Horstman, RENK Group’s two U.S. subsidiaries located in Michigan, currently employ more than 540 Michigan workers in their plants in Muskegon, Sterling Heights, and Roseville. This expansion will strengthen those facilities while supporting Michigan’s advanced manufacturing leadership.
Across the United States and around the world, RENK is investing to strengthen the U.S. and allied defense industrial base while driving innovation in propulsion technology and mobility systems that meet the evolving demands of modern warfare. RENK Group operates five wholly owned subsidiaries across Michigan, Indiana, Ohio and South Carolina, employing a highly skilled industrial workforce of more than 700 U.S. employees and delivering state-of-the-art, Made-in-USA manufacturing excellence.
About the RENK Group AG
Headquartered in Augsburg, Germany, RENK Group AG is a globally leading manufacturer of mission-critical propulsion solutions across diverse military and civil end markets. Our product portfolio includes gear units, transmissions, power-packs, hybrid propulsion systems, suspension systems, slide bearings, couplings & clutches and test systems. With this broad product portfolio RENK Group AG serves, in particular, customers in industries for military vehicles, naval, civil marine, and industrial applications focused on energy. In the fiscal year 2024, RENK Group AG generated revenue of EUR 1.14 billion. RENK Group AG has been listed on the Frankfurt Stock Exchange since February 7, 2024, and has been a member of the MDAX since March 24, 2025.
For further information, please visit www.renk.com
About the Horstman Group
Horstman – a RENK Group company – has been headquartered in Bath since 1913, with business units in the US, the UK and Canada. It delivers mobility solutions for the global wheeled and armored markets’ hardest challenges. Horstman provides world leading design and manufacturing capabilities, with our customers benefiting from our time-tested pedigree in innovation, product development, manufacture and defense project management in heavy armored and tracked vehicle suspension systems.Horstman designed and manufactured products have been selected for over a century to provide the mobility advantage across multiple, battle proven, platforms for global customers.
For more information, please visit www.HorstmanGroup.com
Disclaimer
This Press Release contains forward-looking statements that are based on plans, expectations, estimates and projections of the management of RENK Group as at the date of this Press Release. These plans, expectations, estimates and projections depend on a variety of assumptions and are subject to unforeseeable events, uncertainties, known and unknown risks as well as other factors that may cause actual results or the actual financial situation, development or performance to differ from those expressed or implied in the forward-looking statements. RENK Group does not assume any obligation to update the forward-looking statements or make adjustments to them to reflect events or developments occurring after the date of this Press Release unless obliged by statutory law.
Best regards
Bari Dexter
Marketing & Communications | RENK America
Email: Bari.Dexter@renk-america.com Phone: +1 (231) 724-2220 | Mobile +1 (231) 288-4414