©2016 Michigan Economic Development Corporation

Michigan is a National Expansion Leader

Wednesday, February 19, 2003

Jennifer Owens

More than 2,000 Projects Ahead of Nearest Competitor

Over the past six years, Michigan has had more new business developments and expansions than any other state in the nation, according to Site Selection magazine.In fact, the state’s new development numbers outperform the nearest state by more than 2,000 projects.

Michigan has welcomed more than 9,700 major new developments from 1997-2002.The closest state to Michigan’s six-year totals is California with 7,498 new developments during that time period.

Michigan’s economic development muscle is being flexed every day as our state reaches out to new businesses and expansion opportunities,” Granholm said. “Our economic agenda will continue to be driven by automotive and technology sectors, and we will refocus efforts on improving our core cities and helping small businesses. Michigan will keep its competitive edge and continue to diversify our economic base because businesses recognize our unparalleled quality of life.”

Results of the 2002 Governor’s Cup competition were unveiled today. Michigan was narrowly edged out by Illinois in the 2002 competition.Michigan reported 832 new developments, just three projects behind Illinois’ 835 new projects.

“Our competition was clearly a photo finish between Michigan and Illinois,” said MarkArend, editor of Site Selection magazine.“I commend Michigan on their strong showing and look forward to another close competition in 2003.”

To qualify for the Governor’s Cup, projects must have at least $1 million in new investment or reinvestment, 20,000 or more square feet of new construction or they must create 50 or more new jobs.The projects cannot be retail or residential construction.

The annual Governor’s Cup rankings can be found in Site Selection’s March issue. Site Selection magazine delivers expansion planning information to 45,000 executives of fast-growing firms in 117 countries.To view the complete ranking, visit Site Selection’s Web site at www.siteselection.com.

The Michigan Economic Development Corporation, a partnership between the state and local communities, promotes smart economic growth by developing strategies and providing services to create and retain good jobs and a high quality of life.

New Expansion Projects*
1997-2002

Michigan

9,781

California

7,498

Ohio

6,099

New York

5,680

Texas

4,503

New Expansion Projects*
2002

Illinois

835

Michigan

832

New York

812

Ohio

641

N. Carolina

435

*According to Site Selection magazine.