Michigan Economic Development Corporation - Michigan Advantage Blog

Michigan Economic Development Corporation - Michigan Advantage Blog

Posts tagged as:

global automotive innovation

MIT Says Sakti3 Technology is Top 10 in the World

April 22, 2011 Advanced Energy Storage

When we say “high-tech” in Michigan, we mean it. Take, for example, Sakti3 in Ann Arbor. The spin out from the University of Michigan is developing and commercializing revolutionary lithium-ion battery technology that uses lighter materials to reduce weight and cost and increase durability and storage capacity. The company is quickly moving a nascent industry [...]

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Tagged as: advanced battery, Alternative Energy, Economic Growth, electric vehicle R&D, Entrepreneurship & Innovation, global automotive innovation, Green Technology

More than 6,000 new jobs, $2.1 billion investment planned for Michigan

October 27, 2010 Great Companies

Tuesday, Governor Jennifer M. Granholm and the MEDC announced a historic $2.1 billion investment by companies in Michigan, creating more than 6,000 new job opportunities for workers in the state and retaining more than 216,000 jobs.
State incentives will help16 companies grow in Michigan and back one brownfield redevelopment project.  Included are major investments by Ford, [...]

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Tagged as: Alternative Energy, automotive manufacturing, brownfield redevelopment, economic development attraction/retention programs, economic diversification, Economic Growth, electric vehicle manufacturing, electric vehicle R&D, global automotive innovation, green manufacturing, Green Technology

New York Times Highlights Business Climate, Talented Workforce in Michigan

February 16, 2010 Industry Sectors

This weekend, the New York Times profiled several Michigan companies who are succeeding in diversifying into new, high-growth sectors. Thanks to the MEDC’s robust toolbox of economic development tools and resources combined with Michigan’s competitive business climate, companies are finding that Michigan can give them an upper hand.
NTR’s chief executive, Jim Barry, said, “It should [...]

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Tagged as: economic diversification, global automotive innovation, manufacturing diversification

Michigan to Host the Progressive Insurance Automotive X PRIZE Competition Phase

January 21, 2010 Advanced Manufacturing

Last week, during the press preview of the 2010 North American International Auto Show in Detroit, it was announced that Michigan will be the proud host of the Progressive Insurance Automotive X PRIZE intensive, multi-stage testing competition phase of its 50-plus super fuel-efficient vehicles.  This is an exciting opportunity for the state of Michigan and the [...]

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Tagged as: economic development partnerships, electric vehicle manufacturing, electric vehicle R&D, global automotive innovation, Green Technology

Job-creation announcement points to genuine resurgence in the auto industry

November 19, 2009 Resources

We’re beginning to see a genuine resurgence in the auto industry. There are solid investments being made because companies believe there’s an opportunity to serve a market that has been struggling. These factors, in combination with innovative state and local economic development tools, help ensure the auto industry’s growth well into the future. For example, [...]

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Tagged as: Alternative Energy, Economic Growth, global automotive innovation

Leading indicators of our economic future

December 18, 2007 21st Century Funds

Look at the actions of the MEGA board today and you will see much to counter what passes for expert opinion. The day’s agenda promises more than $550 million in new investment and the creation of more than 2,850 jobs in our state.
More interesting, though, is that these jobs will take hold in a mix of [...]

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Tagged as: Alternative Energy, economic diversification, Economic Growth, global automotive innovation, manufacturing diversification, renewable energy manufacturing