LANSING — Michigan has been named the No. 6 state in the nation for major new corporate buildings and expansions in 2015 by Site Selection magazine, the Michigan Economic Development Corp. announced.
Site Selection verified 217 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 Texas, Ohio, Illinois, North Carolina, and Kentucky. Rounding out the top 10 were Georgia, Pennsylvania, Virginia and Indiana.
Major new corporate projects for Michigan in 2015 included expansions by leading automotive suppliers ZF (Northville Township), Detroit Diesel Corp. (Redford Township), and Sakthi Automotive Group USA (Detroit); Toyota Motor Engineering & Manufacturing North America’s expansion of its Ann Arbor Township tech center; Notions Marketing Corp. (Grand Rapids); and Carhartt Inc. (Dearborn).
Site Selection’s Conway Projects Database focuses on new corporate building projects with significant impact, including headquarters, manufacturing plants, R&D operations and logistics sites, among others. It does not track retail and government projects, or schools and hospitals. New buildings must involve a capital investment of at least $1 million, create at least 20 new jobs or add at least 20,000 square feet of new floor area.
The Governor’s Cup rankings are available online at http://siteselection.com/issues/2016/mar/cover.cfm.
For more on the MEDC and its initiatives, visit www.michiganbusiness.org. For Michigan travel news, updates and information, visit www.michigan.org. Michigan residents interested in seeking employment should check http://mitalent.org, where more than 97,000 jobs are currently available in a variety of industries.