Tuesday, February 01, 2000
Plans to Bolster Foreign Business Attraction The Michigan Economic Development Corporation announced a new initiative today to further strengthen foreign attraction efforts — the Michigan Global Partnership.This collaboration between the Michigan Economic Development Corporation, local economic developers and businesses intends to maximize the amount of new investment attracted to the state of Michigan.Over 40 companies and economic development agencies have signed on to be a part of the partnership that will focus on attracting business in four different regions: Asia, Europe, South Africa and the Americas."This new partnership will allow us to join forces and draw from the knowledge of Michigan’s top companies and economic developers in attracting even more foreign investment," said Doug Rothwell, Michigan Economic Development Corporation President and CEO. The Michigan Economic Development Corporation’s attraction efforts will combine visits to out-of-state and out-of-country headquarters of Michigan operations with visits to targeted companies considering new facilities. Representatives from partner companies and agencies will travel with Michigan Economic Development Corporation employees on attraction trips. In addition, local partners will be working closely with Michigan Economic Development Corporation staff to develop attraction strategies.Michigan Global Partnership evolved from the Michigan Asian Partnership, a group of economic developers, local partners and businesspeople, who came together to work with Korean and Japanese companies with locations in Michigan. The group focused on working with Asian companies interested in expanding to Michigan. "The Michigan Asian partnership allowed us to reach a large number of companies and sponsor activities in Asia that we wouldn’t have been able to do on our own," said Marketing Director Karl Dehn of Battle Creek Unlimited. "This new arrangement will allow even more coordination of attraction efforts and greater access to countries around the world."