©2016 Michigan Economic Development Corporation

Governor Announces ParkingCarma Inc. Pulling High-Tech Jobs into Flint

Wednesday, January 17, 2007

Michael Shore, MEDC
(517) 335-4590

Michigan Wins $4.6-Million Customer Contact Center, 155 Jobs

Technology Center in Flint. The project will create 155 new jobs, including 110 directly by the company. Assistance offered through the Michigan Economic Development Corporation helped convince ParkingCarma to choose Michigan instead of competing sites in California and North Carolina.

An economic analysis conducted by the MEDC estimates that increased economic activity created by the new customer contact center will generate an additional 45 indirect Michigan jobs, in addition to the 110 created directly by the company. The project is expected to generate more than $37 million in personal income for Michigan workers over the life of the tax credit.

The ParkingCarma project is one of five economic development projects the Governor announced today. In all, they are expected to create and retain a total of 1,790 Michigan jobs.

www.michigan.org.


Summary Estimates
(All estimates in 2007 dollars)

TOTAL JOBS CREATED

155

Direct

110

Indirect

45

NET POSITIVE STATE REVENUE IMPACT

$1,891,000

Revenue Foregone

$979,000

Revenue Gain

$2,870,000

Average Weekly Wage

$986

Personal Income Generated Over

$37,275,000

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