Companies

Coherix

3980 Ranchero Dr.

Ann Arbor, MI 48108

734-761-8989

www.coherix.com

This Ann Arbor-based is opening up new markets all around the world. After successfully expanding its operations into Asia in recent years, the high tech firm that helps improve engine efficiency is making plans for a similar move into India's markets.

But the big news is how Volvo Technology Transfer has made a big investment in Coherix so the Ann Arbor firm can set up shop in Sweden and take advantage of European markets.

This represents the latest growth spurt for the company. It started with five people in 2003. Today is employs 45 people and another 10 independent contractors and the occasional intern. It expects to increase its employment by another 20-30 percent within the next year.

Coherix develops high-tech systems to improve engine-manufacturing quality. It uses high-tech optical-based measurement and inspection products to find efficiencies in the automotive and semiconductor industries. You can see a video example of their work here.

Advanced Engineering

Ann Arbor