#40  Michigan


#32 in Taxation and Regulation

#39 in Workforce Quality

#40 in Living Environment

Right to Work?

Regional Profile – Midwest

STATE
OVERALL REGIONAL RANK
TAXATION & REGULATION REGIONAL RANK
WORKFORCE QUALITY REGIONAL RANK
LIVING ENVIRONMENT REGIONAL RANK
Illinois
12
12
12
12
Indiana
1
3
2
2
Iowa
4
5
3
4
Kansas
7
6
9
8
Michigan
11
10
10
10
Minnesota
10
11
6
7
Missouri
9
8
11
6
Nebraska
8
4
1
1
North Dakota
6
2
8
11
Ohio
2
7
4
5
South Dakota
5
1
7
9
Wisconsin
3
9
5
3

Key Industries

Advanced Manufacturing, Automotive, Defense, Food Processing, I.T., Logistics, Medical Devices

Key Companies

Con-Way

Domino’s Pizza Inc.

Dow Chemical

Ford Motor

General Motors

Kellogg

Kelly Services

Stryker

Whirlpool

Advantages

Michigan’s corporate incentives provide immediate benefit. The low 6% corporate income tax and the elimination of the industrial personal property tax makes Michigan one of the best pro-business environments.

The Pure Michigan marketing campaign successfully convinced out-of-state visitors to make 4.6 billion trips to Michigan and to spend $1.4 billion while there.

Challenges

Aging waterway locks, if not repaired and updated, could result in a shutdown that would drive the loss of $1.1 trillion in revenue and hundreds of jobs.

Key Contacts

Economic Development Corporation

Steve Arwood, CEO
517-241-1400
300 N. Washington Sq.,
Lansing, MI 48913

arwoods1@michigan.org 
http://www.michiganbusiness.org/#home-intro

CEO Comments

“Michigan has done more to improve the climate for business in the last few years than any other state in the nation.”

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