©2016 Michigan Economic Development Corporation

Sweden-Germany Investment Mission Brings New Investment, Jobs to Michigan

Friday, August 24, 2007

Michelle Begnoche

Atlas Copco, EDAG expanding in Michigan, Chemrec, NewPage explore biofuel production in Escanaba

This week, Governor Granholm announced:

  • German-based EDAG Engineering and Design plans to invest approximately $7 million to expand its operations in Auburn Hills and Troy over the next two years, creating 140 new jobs;
  • Swedish-based Chemrec AB and Ohio-based NewPage Corporation have formed a partnership to explore possible development of a plant that would produce renewable biomass-based fuels at the NewPage paper mill in Escanaba; and,
  • Atlas Copco, a Swedish industrial equipment manufacturer, plans to hire 30 new electrical engineers and sales/marketing staff at its facilities in Oakland County.

Also outlined was the Michigan and Sweden Vehicle Communications Systems Partnership designed to share vehicle communications-related technology.

Nearly 50 Swedish companies currently have operations in Michigan, employing more than 6,000 workers.

Governor Granholm also met with executives from German-based Behr-Hella Thermocontrol to convince them to build a new production facility in Michigan.More than 170,000 Michigan workers are employed by more than 300 German-owned companies that operate in the state. German-owned companies are defined as those with at least 50 percent German ownership. These companies, representing a wide range of industry sectors, are heavily concentrated in advanced automotive manufacturing and research and development.

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