Download presentation
Presentation is loading. Please wait.
Published byViolet Brach Modified over 10 years ago
1
Mark Kinsler VP, International Business Development Michigan Economic Development Corporation Foreign Direct Investment & Exports
2
Site Selection Survey Results 2012
3
Business Location Decision Factors - The Top 10 Source: 26 th Annual Corporate Survey. Area Development Magazine 2011 2010
5
Michigan has more than 87,000 Engineers for the Auto Industry
7
Tax Cut 80% for Businesses Best in the Midwest! Corporate tax rank #7 from #49 3 rd best among the nations 12 largest states Everyone in Michigan wins…
8
12 Auto Assemblies 2,000 Auto Suppliers
9
Local and State Tax Abatements Infrastructure Grants Recruitment and Training Assistance Land and Facilities Job Creation Grants Incentive Programs
10
The Comeback Started in 2010 Michigan leads skilled labor growth in 2010 with additional 57K manufacturing jobs Michigan added 220,000 jobs in last three years By 2012, Michigan accelerated to 4 th in corporate expansions & building projects In 2013, Michigan was ranked 8 th most competitive state for job creation and economic development #3 for high-tech job growth
11
Detroit - The Great Value Play Detroit is #9 on Brooking Institutes list of nations best recoveries after Great Recession $10 billion invested over past five years in commercial, industrial and residential properties Bankruptcy opens the door to restructure Restructuring removes the last obstacle to Detroits return to greatness
12
Sales Up for Michigan Automakers July sales up 14%; best in seven years Increased year-to-year sales for all domestic automakers Double-digit sales gains including: – General Motors: Sales up 16% – Ford: Sales up 11% – Chrysler: Sales up 11%
13
Big 3 Production in Perspective
14
Top Ranking Origin Countries (Jobs)
15
Top Ranking Destination States (Jobs)
16
Top 10 FDI Countries in Michigan 1.Germany 2.Japan 3.France 4.United Kingdom 5.Canada 6.South Korea 7.Netherlands 8.China 9.Switzerland 10.Italy
17
FY13 Foreign Direct Investment Successes 40 projectsOver $541 million in investment4,173 new jobs19 industriesFrom 10 countries
18
MEDC & Partners: 2011-12 Project Successes
19
FY14 Goals Successes so far 10% Increase from last year $595,100,000 in investments 4,590 new jobs 730 jobs $36 million in investment 7 projects 7 project commitments $101 mill. in investment, 797 jobs
20
Business Attraction Event Schedule
22
Michigan International Offices
23
Top Michigan Export Products
24
Top Michigan Export Markets (2012)
25
MEDC Export Sales History
26
FY2013 Export Successes
27
2013 International Trade Shows
28
2014 International Trade Shows
29
Trends Impacting Future Michigan FDI & Export
30
Questions? michiganbusiness.org
Similar presentations
© 2024 SlidePlayer.com Inc.
All rights reserved.