Hapreet Singh
Who was your first customer and where did you find them?
It was Reum Corporation, which made dashboard for luxury cars. We inspected the parts and delivered them to GM.
Where did you find your first employee?
My first employee was Dave Lukas from a previous company in Michigan. He is now the vice president of operation.
Where have you turned to find capital to grow your company and which institutions have provided it?
We borrowed first investment from 5/3 Bank. Now we are debt free.
What are some of the advantages to doing business here?
People in Michigan are familiar with automotive industry and its terms. We have better work ethic and attitude. We have better automotive related resources in Michigan than any other states.
If you could change one thing about this region, what would it be?
I pay 36% of small business tax in Michigan and 4% surcharge by the federal. A total of 40% of tax without any incentives is a big burden for us. We have hired around 200 people in Michigan and pay about $2M of tax in Michigan every year.
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