Thursday, March 22, 2012
STUTTGART, Germany -
Michigan is more business friendly than ever and eager to establish productive
relationships with European businesses, Gov. Rick Snyder said today in an
address at a supplier reception at the Mercedes Classic Center in Stuttgart.
"Michigan is blessed with a number of strong, productive and long-standing
relationships with German-based companies, and to those companies, we say thank
you for your continuing contributions to our state," Snyder said. "To those of
you looking to expand your global presence or enter the North American market,
Michigan is the place to be. We have been busy reinventing Michigan, breaking
some bad habits of the past and embracing new opportunities for our future. We
see many great opportunities ahead for all of us to do more business together."
Earlier in the day Snyder and the entire Michigan delegation of state,
university and local officials and economic developers visited Daimler's
training center in Untertürkheim-Brühl. Snyder also met with Dr. Dieter Zetsche,
chairman of the Board of Management and head of Mercedes Benz Cars, at the
Daimler AG headquarters.
Daimler is one of the Michigan's largest German
employers with about 3,000 employees in the state. The company has made
significant investments in its 3.3 million square foot Detroit Diesel operation,
in Redford since 2000. Its $500 million investment in the "Redford Renaissance"
helped to make it one of the leading Daimler truck engine plants in the world.
In addition, Farmington Hills is home to the headquarters of Mercedes Benz
Among the reforms the state implemented to attract
investment and energize Michigan's economy are:
the jobs-killing Michigan Business Tax and ending double taxation on small
business with a simple, fair, flat 6 percent Corporate Income
- Adopting a balanced budget for the current fiscal year that
eliminated the state's $1.5 billion deficit and set aside savings to help the
state meet its long-term obligations. This fiscal discipline laid the groundwork
for the governor's proposed 2013 budget, which recommends strategic investments
in key priority areas such as education and
- Streamlining regulatory processes to weed out
laws and regulations that are inefficient or needlessly burdensome, while
maintaining proper safeguards.
arrived in Turin, Italy on Sunday for an eight-day investment mission to
strengthen relationships and attract new job-creating investments. He will spend
Friday in Ludwigshafen and Lippstadt, where he and Michigan business owners and
local economic developers will meet with executives from several German
companies before returning to Michigan on Saturday.
Follow the governor
on Facebook at www.facebook.com/RickforMichigan
and on Twitter @OneToughNerd.
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Gov. Rick Snyder and Dr. Dieter Zetsche, chairman of the Board
of Management and head of Mercedes Benz Cars, meet at Daimler AG headquarters in