Download - BDP Success Booklet
MICHIGAN BUSINESSDEVELOPMENT PROGRAM
August 2015
www.michiganbusiness.org | 3
REGION LOCATIONS
KEWEENAWW
ONTONAGON
GOGEBICIRON
BARAGA
MARQUETTE
DICKINSON
MENOMINEE
DELTA
ALGERSCHOOLCRAFT
LUCE
MACKINAC
CHIPPEWA
EMMETCHEBOYGAN
PRESQUE ISLECHARLEVOIX
ALPENA
MONTMORENCYOTSEGANTRIM
LEELANAU
BENZIE GRAND TRAVERS
KALKASKA CODA ALCONA
IOSCOOGEMAWROSCOMMONUKEEWEXFORMANISTEE
MASON LAKE OSCEOLA CLARE GLADWINARENAC
HURON
MIDLAND
TUSCOLA SANILAC
LAPSHIAWASSEE
GRATIO AGINAW
GENESEE
MECOSTANEWAYGO
OCEANA
OTTAWA
MONTCALM
IONIA CLINTON
EATOLIVINGSTON
ALLEGAN
VAN BUREN JACKSON
BERRIEN CASS ST. JOSEPH BRANCH HILLSDALE WEE MONROE
HOUGHTON
ISABELLA
MUSKEGON
GHAM
KALAMAZOO CALHOUN WASHTENAW WAYNE
OAKLAND
MACOMB
ST. CLAIR
BAY
CRAWF
BARRY
1
SE
KALKA
MISMISSMISSAURD2
TMGO
OSCORD3
KENT
4MIDLAND
OT SA5 A SAN
PEER S
6CLINTON
ON ING7
ON
LENAW
W
9
OAKAKKKKKKKKKLANLANLANLANLANLANLANLANLANLANDDDDD10
AN BUREN
CASS8
1
5
9
3
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2
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10
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Upper Peninsula
Northwest
Northeast
West Michigan
East Central Michigan
East Michigan
South Central
Southwest
Southeast Michigan
Detroit Metro
Michigan’s economy is reinventing itself to meet 21st century demands
and attitudes. New industries, expanded manufacturing capabilities,
and an invigorated sense of community commitment are driving
significant job growth and capital investment.
The Michigan Economic Development Corporation’s (MEDC) Michigan
Business Development Program (MBDP) plays a crucial role in the state’s
economic reinvention by providing grants, loans or other assistance to
businesses for highly competitive Michigan projects. This initiative is
transforming Michigan communities through commercial development
that would otherwise not occur or be lost to competitors.
The following “success stories” highlight the breadth and depth of
MBDP projects. Each is a snapshot of the program’s influence on the
project and local impact, and taken as a whole, illustrates the strong role
MBDP is playing in Michigan’s economic resurgence.
MEDC’s Business Development Program is changing the way businesses
do business in Michigan.
www.michiganbusiness.org | 54 |
BUILD YOUR BUSINESSThe MEDC has partnered with the Michigan Small
Business Development Center (MI-SBDC) to ensure
that the right expertise is available to help businesses
draft proposals, raise capital, or gain critical business
management skills. Entrepreneurs and small business
owners rely on MI-SBDC to provide no-cost business
counseling, low-cost business workshops and market
research. www.sbdcmichigan.org
GROW YOUR BUSINESSMEDC helps Michigan companies find domestic and
international buyers with immediate needs for their
expertise and products, providing near term business
growth. Pure Michigan Business Connect (PMBC) helps
Michigan companies find buyers through matchmaking
and summit events, while the Pure Michigan State
Trade Export Promotion (STEP) program helps Michigan
businesses become exporters, expanding their reach
into new global markets.
www.michiganbusiness.org/grow
Michigan’s statewide network of Procurement Technical
Assistance Centers (PTACs) help companies compete
in the complex world of state and federal government
contracting. www.ptacsofmichigan.org
LOCATE YOUR BUSINESSMichigan welcomes business investment from around the
world.
We connect with expanding businesses and help them
understand the benefits of a Michigan location. Growing
businesses are supported with resources to identify
real estate, talent, and other requirements that assure
successful expansions that create high quality jobs.
www.michiganbusiness.org/site-selection/choose-
michigan
Through our programs and network of partners, our business development team works to ensure that Michigan is a great place to build a business or expand an existing one.
MICHIGAN ECONOMIC DEVELOPMENT CORPORATION BUSINESS DEVELOPMENT PROGRAM
BASIC REQUIREMENTS:• Project not started
• QNJ and base
• Financing
• Local support
• Announcement
CONSIDERATIONS• Out-of-state competition
• Jobs/investment/wages/benefits
• ROI
• Timing
• Site (distressed/core/reuse)
• Previous incentives
• Tax structure
• Not retail/retention
• Company diversification
• Links to Michigan suppliers
PROCESS• Offer accepted
• Application completed
• Due diligence completed
• Terms accepted
• Project approval
• Agreement executed
• Disbursements
The Michigan Business Development Program (MBDP)is designed to provide assistance to companies for highly competitive projects that create jobs and provide investment in Michigan. The incentiveis a cash grant or loan that will be disbursed based on performance
MICHIGAN ECONOMIC DEVELOPMENT CORPORATION BUSINESS DEVELOPMENT PROGRAM
www.michiganbusiness.org | 76 | Business Development Program
BUSINESS DEVELOPMENT PROGRAM SUCCESS STORIES
Anchor Coupling, Inc. Menominee, MI
Michigan Strategic Fund Action: Michigan Business Development $1 million performance-based grant
Total Capital Investment: $9 million
New Jobs in Michigan: 110
New expansion is connecting Menominee with new jobs.
Anchor Coupling, Inc., a manufacturer of pressure hydraulic hose and coupling assemblies for small and large original
equipment manufacturers, expanded its Menominee manufacturing facility.
Michigan Strategic Fund approval of a $1 million Business Development Program performance-based grant not only made
the expansion possible, but also allowed the company to renovate a 140,000 square-foot building adjacent to the existing
manufacturing facility, creating more than 110 new jobs.
Cooper Standard Fairview Comins Township, MI
Michigan Strategic Fund Action: Michigan Business Development $1 million performance-based grant
Total Capital Investment: $6.3 million
New Jobs in Michigan: 177
New manufacturing jobs are coming to Oscoda County.
Cooper Standard Fairview, a global automotive supplier of body sealing, fuel, brakes, emissions, and thermal management,
expanded its existing Comins Township facility.
Michigan Strategic Fund approval of a $1 million Business Development Program performance-based grant not only made this
expansion possible, but it also aided in the purchase of new machinery and equipment.
The project will create 177 new jobs, greatly impacting the community.
Avon Protection SystemsCadillac, MI
Michigan Strategic Fund Action: Michigan Business Development $100,000 performance-based grant
Total Capital Investment: $925,500
New Jobs in Michigan: 29
Cadillac’s economy is now breathing a little easier.
Avon Protection Systems, a manufacturer of respiratory protection system
technology for the military, law enforcement and firefighting, now calls
Michigan home.
Michigan Strategic Fund approval of a $100,000 Business Development
Program performance-based grant helped convince the company to
relocate all its current and future manufacturing from their Georgia facility
to Cadillac, creating 29 new jobs.
Herbruck Poultry Ranch, Inc. Saranac, MI
Michigan Strategic Fund Action: Michigan Business Development $500,000 performance-based grant
Total Capital Investment: $3.4 million
New Jobs in Michigan: 53
Sometimes it’s good to have too many hens in the henhouse.
Herbruck Poultry Ranch, Inc., is a family-owned retail and food service egg producer for local, regional and national customers.
To meet the needs of the marketplace, the company had the opportunity to expand its organic and cage-free egg production.
Michigan Strategic Fund approval of a $500,000 Business Development Program performance-based grant supported the
company’s plan to expand its existing operations, creating 53 new jobs.
As an important employer in Ionia County, this project means more jobs for area residents for years to come.
Region 1
Region 2
Region 3
Region 4
BUSINESS DEVELOPMENT PROGRAM SUCCESS STORIES
www.michiganbusiness.org | 98 | Business Development Program
Suniva, Inc. Saginaw, MI
Michigan Strategic Fund Action: Michigan Business Development
$2.5 million performance-based grant
Total Capital Investment: $12.23 million
New Jobs in Michigan: 350
Saginaw’s economic forecast is getting brighter.
Suniva, Inc. is the country’s only high-efficiency solar cell manufacturer. Michigan Strategic Fund approval of a $2.5 million
Business Development Program performance-based grant facilitated the company’s plans to build a new state-of-the-art
manufacturing facility in Saginaw.
The plan will create 350 new jobs, not only providing a major boost to Saginaw’s economy, but also triggering an immense
ripple effect to outlying communities where workers live and spend.
Rassini Brakes, LLCMt.Morris, MI
Michigan Strategic Fund Action: Michigan Business Development $500,000 performance-based grant
Total Capital Investment: $17.3 million
New Jobs in Michigan: 61
The resurgence of the automotive industry extends beyond Southeast Michigan.
Rassini Brakes, LLC is the largest fully integrated supplier of rotor components in North
America. The company has chosen Michigan, and Mt. Morris in particular, as home to
its new $17.3 million manufacturing operation, creating 61 new jobs.
Michigan Strategic Fund approval of a $500,000 Business Development Program
performance-based grant is supporting this project to machine automotive products
for delivery to original equipment manufacturers’ Midwest assembly plants.
Region 5
Region 6
Two Men and a Truck International, Inc. Lansing, MI
Michigan Strategic Fund Action: Michigan Business Development $350,000 performance-based grant
Total Capital Investment: $3.9 million
New Jobs in Michigan: 70
Lansing’s business expansion is on the move.
Two Men and A Truck International, Inc. (TMTI) is the country’s first and largest local moving franchise. With more than 400 open
territories in the United States alone, the company was ready to expand their corporate headquarters to further service their
growing franchises.
Michigan Strategic Fund approval of a $350,000 Business Development Program performance-based grant facilitated this
expansion plan, creating 70 new jobs. Since the grant was approved, TMTI now has a presence in 39 states with more than
255 locations (320 including secondary locations) in the United States, 21 in Canada, three in the United Kingdom and one in
Ireland.
Newell Rubbermaid, Inc.Kalamazoo, MI
Michigan Strategic Fund Action: Michigan Business Development $2 million performance-based grant
Total Capital Investment: $2.3 million
New Jobs in Michigan: 100
Another Fortune 500 company has found a permanent home in Michigan.
Newell Rubbermaid, Inc. is a global marketer of more than 40 consumer and commercial products, including leading brands
Sharpie®, Paper Mate®, and Rubbermaid®.
Michigan Strategic Fund approval of a $2 million Business Development Program performance-based grant supported the
consolidation of all their design and test facilities, culminating in the construction of a new 40,000 square-foot facility in
Kalamazoo. The center staffs 100 professionals.
Region 7
Region 8
BUSINESS DEVELOPMENT PROGRAM SUCCESS STORIES
BUSINESS DEVELOPMENT PROGRAM SUCCESS STORIES
Mahindra GenZe Ann Arbor, MI
Michigan Strategic Fund Action: Michigan Business Development $300,000 performance-based grant
Total Capital Investment: $2.01 million
New Jobs in Michigan: 34
Ann Arbor’s economy continues to get up and go.
Mahindra GenZe designs, engineers and manufactures sustainable transportation solutions. Its newest mobility innovation, the
GenZe, is the only two-wheeled electric vehicle of its kind in the United States.
Michigan Strategic Fund approval of a $300,000 Business Development Program performance-based grant helped convince the
company to manufacture the GenZe in its existing Ann Arbor assembly facility over competing sites in other states. The project
will bring 34 new jobs to the area.
Teijin Advanced Composites of America, Inc.Auburn Hills, MI
Michigan Strategic Fund Action: Michigan Business Development $375,000 performance-based grant
Total Capital Investment: $7.9 million
New Jobs in Michigan: 25
New technology is strengthening Auburn Hills
reputation as a global automotive center.
Teijin Advanced Composites America, Inc., a world leader in high-performance materials, is developing and prototyping its
Sereebo™ carbon fiber reinforced composites for automotive and other large volume applications.
Michigan Strategic Fund approval of a $375,000 Business Development Program performance-based grant supported plans to
open a new operation in Auburn Hills’ to house this research, creating 25 new jobs.
This project has the distinction of being the first project approved under the Michigan Economic Development Corporation’s
Region 9
Region 10
10 | Business Development Program
BUSINESS DEVELOPMENT PROGRAM SUCCESS STORIES
For more information
about how the Michigan Business Development Program
can assist your business’ relocation or expansion:
888.522.0103
michiganinvestmentteam@michigan.orgmichiganbusiness.org3191-150224
The Michigan Economic Development Corporation
(MEDC) is the state’s marketing arm and lead
advocate for business development, talent and
jobs, tourism, film, and digital media incentives, arts
and cultural grants, and overall economic growth.
The MEDC offers a number of business assistance
services and capital programs for business attraction
and acceleration, entrepreneurship, strategic
partnerships, talent enhancement, and urban and
community development.