Optimistic outlook for Michigan’s businesses and communities

Top deals and key collaborations in ’15 show confidence in state’s economy

Click MEDC ANNUAL REPORT to download

The list below includes projects with highest amount of projected jobs and private investment through the Michigan Business Development Program, which remains a major catalyst for economic growth. In fiscal 2014-15, BDP initiatives attracted $1.5 billion in private investment.

Detroit Diesel Corporation (Projected jobs: 245; projected private investment: $208 million; Detroit, Wayne County)

Brose North America Inc. (Projected jobs: 475; projected private investment: $97.6 million; New Boston, Wayne County)

Toyota Motor Engineering & Manufacturing (Projected jobs: 85; projected private investment: $74.65 million; Ann Arbor Township, Washtenaw County

ZF North America Inc. (Projected jobs: 606; projected private investment: $71.2 million; Northville, Oakland/Wayne County)

Magna Seating of America Inc. (Projected jobs: 164; projected private investment: $65.2 million; Novi, Oakland County)

Magna Intl. of America, Mimco Inc. (Projected jobs: 466; projected private investment: $59.3 million; Plymouth Township, Wayne County)

Neapco Drivelines (Projected jobs: 167; projected private investment: $57.7 million; Belleville, Wayne County)

Magna Cosma International (Projected jobs: 250; projected private investment: $56 million; New Hudson, Oakland County)

Greenfield Die & Manufacturing Corp. (Projected jobs: 154; projected private investment: $42.9 million; Plymouth, Wayne County)

Sakthi Auto Group USA (Projected jobs: 350; projected private investment: $31.86 million; Detroit, Wayne County)

Denso Manufacturing Michigan Inc. (Projected jobs: 100; projected private investment: $56.6 million; Battle Creek, Calhoun County)

Year in review: Community development

From the far western corner of the Upper Peninsula to the state’s urban center in the southeast part of Michigan, Michigan Community Revitalization Programs are supporting community redevelopment.

In fiscal 2014-15, CRP initiatives play a vital role in building a sense of identity and enhancing the state’s image. And, CRPs were a catalyst in attracting more than $400 million in private investment into communities around the state.

The following is an overview of CRP projects from 2015:

Woodward and Erskine (Projected jobs: 50; projected private investment: $61.2 million; Detroit, Wayne County)

Trailhead RO (Projected jobs: 144; projected private investment: $48.6 million; Royal Oak, Oakland County)

55 Ionia Partners (Projected jobs: 25; projected private investment: $34.4 million; Grand Rapids, Kent County)

Fulton and Seward (Projected jobs: 28; projected private investment: $33.7 million; Grand Rapids, Kent County)

Liberty Way Hospitality (Projected jobs: 100; projected private investment: $31 million; Marquette, Marquette County)

West Larned (Projected jobs: 97; projected private investment: $28.9 million; Detroit, Wayne County)

Y Site (Projected jobs: 25; projected private investment: $22.9 million; Lansing, Igham County)

1145 Griswold Street (Projected jobs: 60; projected private investment: $22.68 million; Detroit, Wayne County)

Lofts on Alabama (Projected jobs: 2; projected private investment: $20 million; Grand Rapids, Kent County)

Paradise Valley (Projected jobs: 35; projected private investment: $3.15 million; Detroit, Wayne County)

Port Huron Citadel (Projected jobs: 4; projected private investment: $1.21 million; Port Huron, St. Clair County)

Liberty Way Hospitality (Projected jobs: 100; projected private investment: $31 million; Marquette, Marquette County)

Contact Us

To contact a business development specialist, click here or call 1.888.522.0103.