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Mark Kinsler VP, International Business Development Michigan Economic Development Corporation

Foreign Direct Investment & Exports. Mark Kinsler VP, International Business Development Michigan Economic Development Corporation. Site Selection Survey Results 2012. Business Location Decision Factors - The Top 10. 2011 2010.

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Mark Kinsler VP, International Business Development Michigan Economic Development Corporation

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  1. Foreign Direct Investment & Exports Mark Kinsler VP, International Business Development Michigan Economic Development Corporation

  2. Site Selection Survey Results 2012

  3. Business Location Decision Factors - The Top 10 2011 2010 Source: 26th Annual Corporate Survey. Area Development Magazine

  4. Michigan has more than 87,000 Engineers for the Auto Industry

  5. Everyone in Michigan wins… Corporate tax rank #7 from #49 Tax Cut 80% for Businesses 3rd best among the nation’s 12 largest states Best in the Midwest!

  6. 12 Auto Assemblies 2,000Auto Suppliers

  7. Incentive Programs • Local and State Tax Abatements • Infrastructure Grants • Recruitment and Training Assistance • Land and Facilities • Job Creation Grants

  8. The Comeback Started in 2010 • Michigan leads skilled labor growth in 2010 with additional 57K manufacturing jobs • Michigan added 220,000 jobs in last three years • By 2012, Michigan accelerated to 4th in corporate expansions & building projects • In 2013, Michigan was ranked 8th most competitive state for job creation and economic development • #3 for high-tech job growth

  9. Detroit - The Great Value Play • Detroit is #9 on Brooking Institute’s list of nations’ “best recoveries” after Great Recession • $10 billion invested over past five years in commercial, industrial and residential properties • Bankruptcy opens the door to restructure • Restructuring removes the last obstacle to Detroit’s return to greatness

  10. Sales Up for Michigan Automakers • July sales up 14%; best in seven years • Increased year-to-year sales for all domestic automakers • Double-digit sales gains including: • General Motors: Sales up 16% • Ford: Sales up 11% • Chrysler: Sales up 11%

  11. Big 3 Production in Perspective

  12. Top Ranking Origin Countries (Jobs)

  13. Top Ranking Destination States (Jobs)

  14. Top 10 FDI Countries in Michigan • Germany • Japan • France • United Kingdom • Canada • South Korea • Netherlands • China • Switzerland • Italy

  15. FY13 Foreign Direct Investment Successes

  16. MEDC & Partners: 2011-12 Project Successes

  17. FY14 Goals Successes so far

  18. Business Attraction Event Schedule

  19. Michigan International Offices

  20. Top Michigan Export Products

  21. Top Michigan Export Markets(2012)

  22. MEDC Export Sales History

  23. FY2013 Export Successes

  24. 2013 International Trade Shows

  25. 2014 International Trade Shows

  26. Trends Impacting Future Michigan FDI & Export

  27. Questions?michiganbusiness.org

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