Michigan Economic Development Corporation - Michigan Advantage Blog

Michigan Economic Development Corporation - Michigan Advantage Blog

Posts tagged as:

manufacturing diversification

Over 4,200 New Jobs Planned for Michigan

September 15, 2010 Advanced Manufacturing

Tuesday, Symmetry Medical announced it would invest approximately $14.8 million to expand in Lansing to meet growing demand for their high-precision machining, creating up to 159 jobs. Symmetry could have chosen to expand at its facility in Malaysia, but it chose Michigan because of our highly skilled workers and competitive business climate.
That was only one [...]

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Tagged as: aerospace industry, Alternative Energy, automotive manufacturing, economic development attraction/retention programs, economic diversification, Economic Growth, green manufacturing, Green Technology, high-tech medical industry, manufacturing diversification, renewable energy manufacturing

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

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

Driving the Alternative

September 28, 2007 Solar Energy

The other day as I was pumping gas I heard a gentleman behind me cursing the three-dollars-a-gallon he was going to have to shell out. Although I completely empathize, I also know that Michigan is fast becoming a leader in the development of alternative energy sources. Companies excelling in the solar, advanced battery, biofuel and [...]

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Tagged as: advanced battery, advanced technology, Alternative Energy, biofuel, economic diversification, Economic Growth, green manufacturing, Green Technology, manufacturing diversification, renewable energy manufacturing, solar industry, water technology sector, wind energy, wind turbine manufacturers

Big Mo for Motown

September 14, 2007 Industry Sectors

Everyone knows what “Mo” stands for in Motown, but as I was driving around Detroit recently a new meaning came to me – momentum. There are many great things happening in Detroit on the economic development front that continue to illustrate a truly remarkable comeback story. With assistance from the MEDC’s brownfield redevelopment program, historic [...]

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Tagged as: brownfield redevelopment, economic development partnerships, economic diversification, Economic Growth, high tech jobs, manufacturing diversification, Pure Michigan, Tourism Industry

Positive Returns

September 7, 2007 Industry Sectors

On the same day Governor Granholm and the MEDC announced that Spain-based aerospace company Aernnova had chosen Michigan for its new, state-of-the-art technical center as a result of a state tax credit we awarded the company, I found myself at a public forum debating with someone who holds that we should not offer such incentives. [...]

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Tagged as: aerospace industry, economic development attraction/retention programs, economic development partnerships, economic diversification, Economic Growth, manufacturing diversification, Michigan Advantage, Upper Hand