Michigan recognized by Site Selection magazine
LANSING—Site Selection magazine has named Michigan the No. 4 state for major new corporate facilities and expansions in 2012, said state Sen. Jack Brandenburg.
“This is just one of the many accolades that Michigan has received over the last two years,” said Brandenburg, R-Harrison Township. “More and more companies are choosing to call Michigan home, which is proof that bold reforms that were put in place are working and helping to move our state forward.”
a global business publication, verified 337 projects in Michigan that met capital investment, job-creation or size standards as part of its annual Governor’s Cup ranking. This year, Michigan finished behind first-place Texas, second-place Ohio and third-place Pennsylvania. Rounding out the top 10 were Illinois, Georgia, North Carolina, Tennessee, Virginia and Kentucky.
Site Selection awards the Governor’s Cup each year to the governor of the state with the highest number of qualified capital investment projects the previous calendar year. The publication’s proprietary New Plant database is populated with private-sector projects that meet one or more of these criteria: an investment of at least $1 million, creation of 50 or more new jobs or construction of new space of at least 20,000 square feet.
A few examples of new corporate projects located in Michigan are MAHLE (Farmington Hills), Brose (New Boston, Auburn Hills and Warren), Dart Container’s headquarters expansion (Mason) and Hark Orchids’ new propagation facility (Kalamazoo), the company’s first global expansion outside of Germany.
“Businesses around the world are recognizing that Michigan is open for business,” Brandenburg said. “I look forward to continued prosperity as our economic climate continues to improve.”