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Granholm Announces New German Company to Invest in Michigan, Declares Mission a Success

Friday, November 19, 2004

Mike Shore, MEDC
(517) 335-4590

Kipp to Set Up Warehouse/Distribution Center in Wayne County

"This truly has been a remarkable and productive mission," Granholm said. "Michigan's advanced automotive technology and emerging business sector strengths make it a prime location for German companies seeking to establish a North American presence. Through these meetings we have built relationships with company leaders that hold the promise to help us become a global economic powerhouse in the 21st century."

Granholm noted that while the mission was part of a long-term strategy to build relationships with leaders of German companies, it had a significant near-term impact as well. In addition to the Kipp project, the Governor announced this week the following German company investments in Michigan:

  • pgam corporation will invest $15 million to expand its operations in Auburn Hills and hire 117 new Michigan workers;
  • Behr Industries will add 30 new workers at its sophisticated Comstock Park manufacturing facility;

The investment mission to Germany was Granholm's first overseas travel as governor, and focused on forging stronger alliances with the leadership of that country's automotive and new technology industries.