Tesla Motors purchasing Cascade Township auto supplier

Posted at 11:11 PM, May 06, 2015
and last updated 2015-05-06 23:11:39-04

CASCADE TOWNSHIP, Mich. — Tesla Motors has reached agreement to purchase a Grand Rapids area auto supplier.

Cascade Township Board members told FOX 17 NEWS Wednesday night that Tesla Motors is buying the Riviera Tool property at 5460 Executive Parkway SE in Cascade Township.

Riviera Tool’s 100 employees produce stamping parts for Tesla Motors’ assembly plant in Fremont, Calif.

Plans call for Tesla Motors to rename the Cascade Township operation Tesla Tool & Die.