A series of companies are bringing more than 5,000 jobs to Michigan, thanks to the help of the Michigan Economic Development Corporation.
Governor Jennifer Granholm announced the initiative today saying "The scope of these projects demonstrate that Michigan has exactly what companies are looking for as they choose where to locate and grow their business — an aggressive economic growth strategy, a competitive business climate, innovative economic development tools and an outstanding workforce. If companies are looking to invest and create jobs, we want them to know that Michigan is a great state to do business."
The companies were won over by incentives that were approved by the Michigan Economic Growth Authority. They include alternative energy products manufacturer BioDri, which is planning a facility in Blissfield. Another company coming to Michigan is ilumisys, a spinoff of Altair Engineering that is eyeing a Troy location.
Fiat Holdings subsidiary Magneti Marelli Holding USA will use the incentives to consolidate there Michigan operations at one facility and expand their Auburn Hills facility. Colwell & Salmon Communications is looking to expand its Livonia call center, while Quality Metalcraft will also invest in the city by building a facility to design and manufacture aerodynamic fairings.
Other companies that will take advantage of the incentives are Tata Consultancy Services and AxleTech LLC. Wyandotte will also be able to use the incentives. The city is looking a redevelop a half-acre on Biddle Avenue.