Michigan Economic Development Corporation - The Upper Hand BLOG

Michigan Economic Development Corporation - The Upper Hand BLOG

Posts tagged as:

manufacturing diversification

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

State’s Plan to Diversify Economy is Working

September 14, 2009 Industry Sectors

Plans to transform the former Ford Wixom Assembly plant into a $725 million renewable energy park anchored by Xtreme Power and Clairvoyant Solar are a testament to Michigan’s aggressive economic diversification strategy. The project is expected to provide up to 4,000 direct jobs and an additional 10,000 supplier and indirect jobs.
Governor Granholm is working hard [...]

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

BAE to break ground in Sterling Heights for combat-vehicle test track

September 1, 2009 Advanced Manufacturing

BAE Systems will break ground today on a new $58 million engineering center at the former TRW Automotive site in Sterling Heights. BAE razed a building on the 80-acre site and plans to construct a 50,000-square-foot prototype shop to replace it by July 2010. BAE will also build a 150,000-square-foot, four-story office building by 2011. [...]

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Tagged as: defense contracting, Economic Growth, homeland security and defense, manufacturing diversification

Governor announces more than 14,900 jobs being created/retained in Michigan this month – but critical job creation tool is in jeopardy without legislative action

July 22, 2009 Advanced Manufacturing

Michigan’strategy aggressive strategy to diversify the economy and attract investment to our state has resulted in eight job-creating projects announced this week, generating more than 6,300 new jobs, retaining another 8,586 and bringing more than $349.5 million in new investment to communities across the state.
The projects include Magna Seating’s $18 million investment in a former [...]

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Tagged as: Alternative Energy, Economic Growth, manufacturing diversification

Michigan Hits Back-to-Back Homers!

June 30, 2009 Advanced Manufacturing

The Detroit Tigers aren’t the only ones knockin’ the ball around…
Last Friday Michigan hit back-to-back homers as two companies, GM and GE, announced they had chosen Michigan over other states and countries to make significant investments and create and retain thousands of jobs here.
GM will manufacture a new small-car line at its Orion Township plant [...]

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Tagged as: advanced technology, Economic Growth, high tech jobs, manufacturing diversification

Want some good economic news? How about 11,125 jobs coming to Michigan?

June 18, 2009 Advanced Manufacturing

Michigan’strategy aggressive strategy to diversify the economy and attract investment to our state has resulted in 15 job-creating projects announced this week generating more than 11,125 new jobs, retaining another 846 and bringing more than $247 million in new investment to communities across the state.
The projects span the upper and lower peninsulas and include aerospace, automotive [...]

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Tagged as: advanced technology, aerospace industry, Alternative Energy, automotive manufacturing, Economic Growth, green manufacturing, Green Technology, manufacturing diversification, wind energy, wind industry, wind turbine manufacturers

Diversification projects create jobs, bring investment to Michigan

May 21, 2009 Advanced Manufacturing

No state is working harder to diversify its economy, help businesses grow, and create and retain jobs than Michigan. Despite these challenging economic times, especially in the automotive industry, there are many opportunities available in high-growth economic sectors such as alternative energy.
We are committed to helping those in the automotive industry succeed in new areas, [...]

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Tagged as: aerospace industry, Alternative Energy, automotive manufacturing, Economic Growth, green manufacturing, Green Technology, high tech jobs, high-tech medical industry, manufacturing diversification, wind energy, wind industry, wind turbine manufacturers

Advanced Battery Capital of the World

April 15, 2009 Advanced Energy Storage

Hockey great Wayne Gretzky once said, “A good hockey player plays where the puck is. A great hockey player plays where the puck is going to be.” The same can be said for economic development.
Two years ago, Michigan activated a pro active strategy to attract and grow the high-growth sectors of the 21st century, including [...]

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Tagged as: advanced battery, Alternative Energy, economic diversification, Economic Growth, green jobs initiative, green manufacturing, Green Technology, manufacturing diversification

The Wind is at Our Back

June 2, 2008 Wind Energy

It shapes the dunes on the shores of Lake Michigan. It bends the wheat that grows up and down the Thumb. Wind is as much a part of Michigan as water is. And, thanks to the Michigan Economic Development Corporation, it’s in the process of shaping our economy.
These words, from an MEDC radio spot, are [...]

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Tagged as: Alternative Energy, economic diversification, Economic Growth, Green Technology, manufacturing diversification, wind energy, wind industry, wind turbine manufacturers

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

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