The Michigan Advantage
Key Industries
The global marketplace is creating revolutionary opportunities for business development. To meet these opportunities, Michigan recognizes and endorses key industries that will continue to expand and profit for future generations. The $2-billion 21st Century Jobs Fund is focusing on investments in:
Cutting-edge research and development in these areas is delivering tangible products and services. Michigan already has 20 biofuel and biodiesel plants in operation or development, with a commitment from Mascoma Corporation to develop a cellulosic ethanol production plant.
Continued leadership in automotive engineering and advanced manufacturing innovation is at the forefront as well. In Michigan, some 65,000 professionals at over 330 automotive R&D and technical centers are driving success in this area.
The result of this effort: a diverse and strong Michigan economy at work making the world a cleaner and safer place to live.
For help in expanding your business in Michigan, contact our Customer Assistance Center.
Oasis chose Michigan over Florida for the expansion thanks to the offer of a state tax credit valued at $1.4 million over seven years.
MEGA Board approves key incentives to encourage company to invest $70.1 million.
Producer of sealants and adhesives for the roofing, transportation, construction and solar markets plans to further establish itself in the solar panel industry by investment into the photovoltaic panel adhesive market through consolidation of existing Michigan facilities.
ArvinMeritor will invest $15.9 million in new equipment at its facility in southwest Detroit to fulfill a multi-year contract with a major automotive manufacturer.
Ricardo Inc., will invest more than $2 million to establish a Battery Systems Development Center for hybrid and electric vehicle battery pack development and testing at its facility in Van Buren Township.
A $1.7 million state brownfield tax credit will support Dow’s new solar energy initiative announced by the governor in her 2008 State of the State address.
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