Trade & Industry Development magazine recently announced its 2011 awards for corporate investment, and once again Michigan companies earned top accolades. This year’s group of Corporate Investment winners includes a couple of “firsts.” Dow Chemical, of Midland, is investing $343 million to establish its first full-scale production facility for what it is touted as a “game-changing” solar shingle product. And fortu PowerCell, an advanced battery manufacturer, is locating in America for the first time with the construction of a $623 million plant in Muskegon. Both projects are estimated to create hundreds of jobs.
The magazine also honored companies for community impact. Diplomat Specialty Pharmacy in Flint snagged a top honor in this category for transforming a huge, twice-abandoned auto manufacturing complex in Flint into a fast-growing pharmaceutical company that vows to create more than 1,000 jobs in five years — and as many as 4,000 jobs by 2028.
High-tech company growth. Thousands of new jobs. That’s Pure Michigan.