CEO Guide to Site Selection

Michigan

A BRIGHT FUTURE IN E-MOBILITY

While Michigan remains a hotbed for the auto manufacturing industry, it continues to diversify with continued growth in semiconductor and battery manufacturing. Homegrown energy storage company Our Next Energy announced in October 2022 a $1.6 billion facility and more than 2,000 new jobs in Van Buren Township. Battery supplier Gotion also announced a $2.3 billion manufacturing facility in Big Rapids, creating more than 2,300 jobs. Meanwhile, Ford has started work on BlueOval Michigan, a 2.5 million square foot, $3.5 billion battery manufacturing facility that will create 2,300 jobs in Marshall.

“As governor, I will work with anyone—across the aisle or around the globe—to help our state lead the future of cars, chips, clean energy and more. I am grateful for today’s opportunity to meet with cutting-edge Japanese businesses and share Michigan’s story of innovation and grit and our ongoing efforts to build a state where anyone can ‘make it’."
Gretchen Whitmer
Governor

TAXES

0 %

top corporate income tax

# 0

on the Tax Foundation’s State Business Tax Climate Index ranking

EDUCATION

0 %

of adults 25 years of age and older graduated high school

0 %

of adults age 25 and older have a bachelor’s degree or higher

UNEMPLOYMENT RATE

0 %

RIGHT TO WORK STATE

Yes

QUALITY OF LIFE

# 0

POPULATION GROWTH

0 %

decrease between 2010 and 2020

KEY INCENTIVES

Strategic Outreach and Attraction Reserve (SOAR): The fund includes the Critical Industry Program and the Strategic Site Readiness Program. A recent bipartisan supplemental signed into law added an additional $846 million into SOAR for economic projects.

Michigan Business Development Program: Offers performance-based grants, loans and other economic assistance to businesses for competitive projects that create jobs and investment in the state.

Transformational Brownfield Plan: Offers incentives for mixed-use development projects with planned integration of a combination of retail, office, residentia lor hotel uses.

Michigan Community Revitalization Program: Promotes community revitalization to accelerate private investment in areas of historical disinvestment.

EDCs

Michigan Economic Development Corporation
michiganbusiness.org

Detroit Economic Growth Corporation
degc.org

Detroit Regional Chamber
detroitchamber.com/

Grand Rapids Economic Development
rightplace.org

Lansing Economic Development Corporation
lansingmi.gov/355/Lansing-Economic-Development-Corporation

HIGHLIGHTED PROGRAM OR INITIATIVE

The Semiconductor Career and Apprenticeship Network aims to strengthen the pipeline of the semiconductor workforce. It partners with Michigan universities and builds on the state’s EV Jobs Academy to proactively prepare talent needed in the automotive, EV and mobility industries of the future.

BIG DEALS

  • Hemlock Semiconductor announced in September 2022 a $375 million capital investment and 170 new jobs in Thomas Township.
  • Our Next Energy announced in October 2022 a $1.6 billion battery manufacturing facility in the southeast part of the state that will create more than 2,000 jobs.
  • General Motors announced in January 2022, a $7 billion investment to convert the Orion Township assembly plant to build full-size EV pickups. The project will create 4,000 jobs and is the largest in the company’s history.
  • Ford Motor Company announced in February 2023 a $3.5 billion facility in Marshall that will create 2,500 jobs.
  • Nel Hydrogen announced in May 2023 a $400 million electrolyzer manufacturing facility in the state and more than 500 new jobs.
  • LuxWall announced in July 2023 it a $165 million investment to build two new facilities in the state and create 450 jobs.

BIG COMPANIES

18 Fortune 500 companies headquartered in state, including:

  • Ford
  • General Motors
  • Dow
  • Penske Automotive Group
  • Lear
  • Whirlpool
  • Kellogg’s
  • Ally Financial
  • CMS Energy
Roundtable

Strategic Planning Workshop

1:00 - 5:00 pm

Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process

Executives expressed frustration with their current strategic planning process. Issues include:

  1. Lack of systematic approach (70%)
  2. Laundry lists without prioritization (68%)
  3. Decisions based on personalities rather than facts and information (65%)

 

Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.  They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.  Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.  This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.  If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.  The additional fee of $695 will be added to your total.

To sign up, select this option in your registration form. Additional fee of $695 will be added to your total.

New York, NY: ​​​Chief Executive's Corporate Citizenship Awards 2017

Women in Leadership Seminar and Peer Discussion

2:00 - 5:00 pm

Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations. 

Limited space available.

To sign up, select this option in your registration form. Additional fee of $495 will be added to your total.

Golf Outing

10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS

General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.

The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.

To sign up, select this option in your registration form. Additional fee of $295 will be added to your total.