©2016 Michigan Economic Development Corporation

State Incentive Package Approved to Attract Further GM Investments in Michigan

Tuesday, June 13, 2000

John Truscott
(517) 335-6397

MEGA Analysis
Summary Estimated
(All estimates in 2000 dollars)

TOTAL JOBS RETAINED28,561
Direct (GM)

2,800

Indirect (non-GM)25,761
NET POSITIVE STATE REVENUE IMPACT

$ 1,741,667,000

Revenue Forgone$ 61,829,000
Revenue Gain$ 1,803,496,000
Average Wage $ 1,213/week
Personal Income Generated Over Life of MEGA Agreement$ 22,543,706,000