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Tuesday, February 3, 2009
Governor says new industry taking root, growing new jobs
LANSING– Governor Jennifer M. Granholm today announced Michigan’s aggressive film production attraction efforts will create 5,993 new jobs in Michigan, including 4,066 new film, animation and programming jobs. Three companies, Wonderstruck Studios, Motown Motion Pictures and Stardock Systems, plan to invest more than $156 million in Detroit, Pontiac and Plymouth locations.
“We are working hard to build a diversified economy and create good-paying jobs in Michigan,” Granholm said. “As a result of our aggressive film incentives we are not only bringing new investment to Michigan, we are laying the foundation for an industry that will support long-term job growth for our citizens.”
The three projects announced today are:
“Strong cooperation at the state and local level was instrumental in winning these projects against some very intense national and international competition,” MEDC President and CEO James C. Epolito said. “I commend our great local partners in Oakland and Wayne counties, the cities of Detroit and Pontiac and Plymouth Township for working with us and supporting our efforts to diversify and grow Michigan’s economy.”
Governor Granholm proposed the film incentive program in her 2008 State of the State Address and after winning bipartisan support for the legislative package, signed the bills into law last April. Since that time, the Michigan Film Office has generated: 221 script proposals and 136 applications, of which 73 have been approved for film production incentive agreements. Credit certificates have been issued for 32 productions for their expenditures of $126.4 million in Michigan with a related incentive value of $48.0 million. If all of the approved film projects go into production, Michigan will see more than $435.7 million added to the state’s economy. Related film incentives would total $164.4 million.
About Michigan Economic Development Corporation (MEDC)
The Michigan Economic Development Corporation is the state’s marketing arm and lead advocate for business development, job awareness and community development with the focus on growing Michigan’s economy. For more information on the MEDC and our initiatives, visit www.MichiganBusiness.org. For Pure Michigan® tourism information, your trip begins at www.michigan.org. Join the conversation on: Facebook Instagram LinkedIn, and Twitter.
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