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ChiefExecutive.net

#40  Michigan

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#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

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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.”

Current Developments

2015 Regional Report: The Midwest
November 13, 2015

States Leading the Crowdfunding Surge
May 8, 2014

Lessons From China: How Rolling With a Regulatory Setback Turned Into a Win-Win for Amway’s Steve Van Andel
March 24, 2015

Andrew Liveris’s Winning Formula
March 5, 2015

YOU MIGHT ALSO BE INTERESTED IN…

© 2019 | ChiefExecutive.net | Chief Executive Group

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