The Michigan Advantage
Getting the Upper Hand
Giving Michigan businesses the edge in a competitive global market is what the Upper Hand is all about. Through this marketing campaign we're sharing with the state, the U.S. and the world what we already know. Michigan offers an impressive:
Michigan has made more progress in economic development in the 21st century than any other state, as judged by the Washington, D.C. based Information and Technology Innovation Foundation. Measuring from 1999 to 2007, they rank Michigan:
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#4 in the nation for industry investment in research and development
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#19 in preparing for a knowledge-based economy, up 15 notches since 1999
Diversifying Economy
Companies in Michigan are enjoying new opportunities to benefit from economic diversification. Michigan put the world on wheels 100 years ago and continues to serve as the global epicenter of automotive research and development. We're at a tipping point, building on that solid foundation to reach out to new industries. From alternative energy to the latest in life science innovations, new market development is occurring now. To see what CEOs and other C-level executives say about their company's success in Michigan, take a look at the Michigan Economic Development Corporation's Upper Hand campaign spots.
State and local tax incentives totaling $24.4 million over 10 years have been offered to encourage Continental Automotive Systems Holding US to expand operations in Auburn Hills.
State and local tax credits helped convince company to expand in Michigan over a competing site in Ohio.
State tax credit valued at $298,559 over five years encourages company to expand in Michigan over a competing site in California.
The automotive supplier of complete seat solutions and seat mechanisms plans to invest $18 million in a multi-product facility in Highland Park.
State and local tax credits helped win the project for Michigan over a competing site in Ohio.
The producer of plastics, metals and mechanical assemblies for the automotive industry plans to invest $42 million to acquire four former Meridian Automotive facilities located in Ionia, Fowlerville and two in Kentwood.
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