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==Economy== {{See also|Economy of metropolitan Detroit}}Farmington Hills is home to the headquarters of numerous major companies, including [[Gale (publisher)|Gale]], [[Mango Languages]], [[5-hour Energy|5-Hour Energy]], and [[The Sharper Image]],<ref>{{cite web|url=https://www.gale.com/contact/|title=Contact and Support|publisher=Gale |access-date=February 28, 2020}}</ref> as well as the United States headquarters of [[Robert Bosch GmbH|Bosch]],<ref>{{Cite web |title=Corporate information |url=https://www.bosch.us/corporate-information/ |access-date=April 13, 2022 |website=Bosch in the USA |language=en}}</ref> [[Mercedes-Benz|Mercedes-Benz Financial Services]],<ref>{{Cite web |title=Locations |url=https://corp.mbfs.com/locations/ |access-date=April 13, 2022 |website=Mercedes-Benz Financial Services |language=en}}</ref> and [[TD Auto Finance]].<ref>{{Cite web |title=TD Auto Finance LLC β Company Profile and News |url=https://www.bloomberg.com/profile/company/3225923Z:US |access-date=April 13, 2022 |website=Bloomberg.com |language=en}}</ref> The city was also previously home to the headquarters of [[Compuware]],<ref>{{Cite web |date= |title=Contact Us |url=http://www.compuware.com/contact/ |url-status=dead |archive-url=https://web.archive.org/web/20000815100630/http://www.compuware.com/contact/ |archive-date=August 15, 2000 |access-date=April 13, 2022 |website=Compuware}}</ref> [[White Motor Company]],<ref>{{Cite web |title=Daily Kent Stater 29 January 1980 β Kent State University |url=https://dks.library.kent.edu/?a=d&d=dks19800129-01.2.7&e=-------en-20--1--txt-txIN------- |access-date=April 13, 2022 |website=dks.library.kent.edu}}</ref> [[A&W Restaurants]],<ref>{{Cite news |last= |first= |date=August 20, 1999 |title=Seafood Chain's Plan Approved |language=en-US |work=The New York Times |url=https://www.nytimes.com/1999/08/20/business/seafood-chain-s-plan-approved.html |access-date=April 13, 2022 |issn=0362-4331}}</ref> and [[Michigan National Bank]].<ref>{{Cite web|first=Michael|last=Eliasohn |title=Michigan National Bank name to disappear in takeover by Standard Federal Bank owner |url=https://www.heraldpalladium.com/michigan-national-bank-name-to-disappear-in-takeover-by-standard-federal-bank-owner/article_71c25dc1-1114-58ac-8db5-8a60992cdb2c.html |access-date=April 13, 2022 |website=The Herald Palladium |language=en}}</ref> [[Nissan]]'s North American technical center is located in Farmington Hills.<ref>"[http://www.nissanusa.com/about/corporate-info/nissan-in-north-america.html Nissan in North America] {{Webarchive|url=https://web.archive.org/web/20121116235448/http://www.nissanusa.com/about/corporate-info/nissan-in-north-america.html |date=2012-11-16 }}." ''[[Nissan]]''. Retrieved on November 6, 2012. "Nissan Technical Center North America 39001 Sunrise Drive P.O. Box 9200 Farmington Hills, MI 48333-9200" and "Nissan Trading Corp., U.S.A. 38505 Country Club Drive, Suite 200 Farmington Hills, MI 48331"</ref> The Nissan technical center handled project engineering of vehicle bodies used in North America and Latin America. It also has a small laboratory, where as of 2012, research is being conducted with hydrogen fuel cells. The company planned to add electrical battery and recharging of electrical vehicle research to the laboratory. As of January 2012 the technical center had 800 full-time employees. At that time Nissan planned to hire 150 more engineers to work in the technical center.<ref>Szczesny, Joseph. "[https://archive.today/20130411232539/http://www.theoaklandpress.com/articles/2012/01/10/news/local_news/doc4f0c856842dc6295228214.txt Nissan to hire 150 engineers in Farmington Hills]." ''[[The Oakland Press]]''. Tuesday January 10, 2012. Retrieved on November 20, 2012.</ref> The technical center opened in November 1991 at a cost of $80 million.<ref name="CohenAdjust">Cohen, Sharon. "[https://news.google.com/newspapers?nid=1346&dat=19911225&id=g7ROAAAAIBAJ&sjid=J_wDAAAAIBAJ&pg=1797,3219645 Metamorphosis in Motown]." ''[[Associated Press]]'' at ''[[The Ledger]]''. Thursday December 26, 1991. p. 7C. Retrieved from [[Google News]] (95 of 121) on November 19, 2013.</ref> In 2005, Nissan added a $14 million design studio at their Farmington Hills campus, and the [[Nissan AZEAL]] was the first car to be designed there.<ref>"[http://nl.newsbank.com/nl-search/we/Archives?p_product=DTNB&s_site=detnews&f_site=detnews&f_sitename=Detroit+News%2C+The+%28MI%29&p_multi=DTNB&p_theme=gannett&p_action=search&p_maxdocs=200&p_topdoc=1&p_text_direct-0=108F8812EE86F442&p_field_direct-0=document_id&p_perpage=10&p_sort=YMD_date:D&s_trackval=GooglePM Michigan studio to drive new Nissan look]." ''[[The Detroit News]]''. March 18, 2005. Retrieved on November 6, 2013. ID: det21098142. "The Azeal was the first model designed at Nissan's Farmington Hills studio,[...]"</ref> [[Hitachi]] Automotive Systems Americas, Inc. maintains an office in Farmington Hills,<ref>"[http://www.hitachi-automotive.us/html/about/Contact_Us/index.html Contact Us]." Hitachi Automotive Systems Americas, Inc. Retrieved on September 30, 2013. "Farmington Hills Office 34500 Grand River Avenue Farmington Hills, MI 48335"</ref> as does [[Panasonic]] Automotive Systems.<ref>{{Cite web |title=About Automotive Solutions {{!}} Panasonic Automotive Solutions |url=https://na.panasonic.com/us/about-automotive-solutions |access-date=April 13, 2022 |website=na.panasonic.com |language=en-US}}</ref> [[Lordstown Motors]] operates a research and development center in Farmington Hills.<ref>{{Cite web |last=Hall |first=Kalea |title=Lordstown Motors puts R&D center in Farmington Hills |url=https://www.detroitnews.com/story/business/autos/2020/11/17/lordstown-motors-puts-r-d-hq-farmington-hills/6325750002/ |date=Nov 17, 2020 |access-date=April 13, 2022 |website=The Detroit News |language=en-US}}</ref> According to the city's 2019 Comprehensive Annual Financial Report,<ref>{{Cite web|title=City of Farmington Hills - Comprehensive Annual Financial Report for Fiscal Year Ended June 30, 2019|url=https://www.fhgov.com/Government/Departments-Divisions/Finance/Comprehensive-Annual-Financial-Report-(CAFR)/CAFRCurrent.aspx |website=Farmington Hills, MI |access-date=May 5, 2020 |url-status=dead |archive-url=https://web.archive.org/web/20200731065927/https://www.fhgov.com/Government/Departments-Divisions/Finance/Comprehensive-Annual-Financial-Report-(CAFR)/CAFRCurrent.aspx |archive-date= Jul 31, 2020 }}</ref> the top local employers are: {| class="wikitable" |- ! # ! Employer ! # of Employees |- |1 |[[Botsford Hospital|Beaumont Hospital]] |2,500 |- |2 |[[Robert Bosch GmbH|Robert Bosch Corporation]] |1,400 |- |3 |[[Nissan]] Technical Center North America |1,200 |- |4 |[[Hitachi]] |1,200 |- |5 |[[Farmington Public Schools (Michigan)|Farmington Public Schools]] |1,100 |- |6 |[[TRW Automotive|TRW Automotive Electronics]] |650 |- |7 |[[Mercedes-Benz]] Financial Services |650 |- |8 |[[Concentrix]] |550 |- |9 |[[Gale (publisher)|Gale]] |500 |- |10 |[[Mahle GmbH|Mahle]] |500 |}
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