Stonehenge Capital Finances DMS Expansion in Detroit and New Plant in Toledo, Ohio

Stonehenge Capital today announced an investment in Detroit Manufacturing Systems that will allow the Detroit-based automobile component parts manufacturer to expand its Michigan operations and to develop a new plant in Toledo, Ohio. The investment, made through the federal New Markets Tax Credit Program and supported by an investment from JPMorgan Chase, will enable DMS to retain 130 jobs in Detroit and to create more than 135 new full-time jobs with full benefits in Toledo.