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Granholm Announces 9,000+ New Jobs

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Posted: 9:12 PM Aug 19, 2008
Last Updated: 3:17 PM Aug 20, 2008
Reporter: Jason Colthorp
Email Address: jason.colthorp@wilx.com

5 comments

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"An incredibly great day for the state of Michigan."

That from Governor Jennifer Granholm trotted out a host of CEO's to highlight her announcement of the largest job creation in the history of the Michigan Economic Development Corporation.

Fifteen companies will help generate over half a billion dollars in new investments around the state according to the Governor.
It's something she believes will enhance her plan to transform Michigan's economy and help keep college graduates in the state.

"We have these 15 universities producing these wonderful graduates and we now have places for them to land with jobs," said Granholm as she motioned to the business leaders behind her. "(Yes, we're) creating a knowledged economy, but creating all kinds of jobs for all kinds of people is part of the strategy for diversifying Michigan's economic portfolio."

HOW MANY JOBS?

9,081 new jobs will be created, not including about 400 more that will be retained. 2,642 of those are indirect, spin-off jobs, meaning they are just an estimation.

HOW MUCH MONEY?

It's 20 projects in all, including the building of a new "Cabela's" in Wyoming which includes apartments and town homes and an estimated 3,668 new jobs for that project alone.
All told, it's $658 million dollars of investment in Michigan.

WHO LOST?

Michigan beat out 15 other states and two countries for these new projects.
The majority are in West and Southeast Michigan, but the lone local project included is the the Nu Union Credit Union branch going in at the soon-to-be demolished Regent Inn in Lansing.

WHY MICHIGAN?

Brian Schrader founder and CEO of Business Intelligence Associates Inc. of New York was looking at a very large expansion possibly off-shore. His company has facilities in San Francisco, Seattle and New York. He was lured to Michigan by none other than the star of "Dumb and Dumber."

"Honestly, one day I was watching Bloomberg Television and a Jeff Daniels commercial came on about the incentives that were here," said Schrader. "I told my business partner we have to look at Michigan before we decide to take these jobs out of the country."

He met with people from the MEDC and in the end is opening his largest facility in Kalamazoo and should create up to 600 new jobs.

Tuesday's announcement marks the most jobs created in one month by the MEDC in its 13-year history.

Tax abatements, services and recruitment of workers are just some of the incentives awaiting the 15 companies from the supporting communities.

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Comments are posted from viewers like you and do not always reflect the views of this station.

Posted by: linda Location: howell on Aug 21, 2008 at 04:11 PM
15 companies---what companies are they? If this is anything like the handling of the mayor of Detroit, we're in trouble. Why aren't the issues addressed before the money is wasted!

Posted by: Kristy Location: MI on Aug 20, 2008 at 10:37 PM
Who's gonna get these jobs? Illegals with false soc.sec #'s?? Kinda late now, after the MILLIONS of foreclosures. Or do ya think the folks that moved outta MI, will return for one of these jobs??? My opinion is, IT"S A BIT LATE FOR THIS! Wheres Granholm been all these years??? Let's see if she takes care of the Kwame mess first, and how long he will remain employeed! Why not give his job to someone who is at least TRUSTWORTHY and has the people of DETROITS best interests at hand!

Posted by: Pam Location: Jackson on Aug 20, 2008 at 03:20 PM
With less qualified workers staying around, will these jobs be filled.

Posted by: terry Location: mich on Aug 20, 2008 at 08:21 AM
We will see how this works out and how many really get jobs.If all this is what is comming about,we know it should of happened how many yrs ago?Now jenn needs to get 9,000 more ect.All over mich including hillsdale county that is with many empty facotories and lack of growing and so many empty houses.Rents so high and cheaper government houseing filled and impossible to get into.Send jobs our way.Let our area get back on it's feet and the people in it.Our unemployment is so high.

Posted by: Jimmy Location: Jackson on Aug 20, 2008 at 04:53 AM
Will believe it when we see it happen, you know Jen 'TALK IS CHEAP!',

Expert: Big 3 Failure Would Be Disaster

Posted By: Buzz: Why should the Big 3 be bailed out? GM wants to sell off our discontinue the Saturn, which is affordable but has made no mention of discontinuing the Corvette and other less affordable models. If GM wants help have them pick one particular model in each of its lines, i.e. the Lacrosse for Buick, Impala for Chevrolet and the Aura for Saturn. GM is about as impervious as the out-going President is - they just don't get it! I read and sympathize with the line workers who say they can't even afford to buy a new car from the company that they work for - that's pretty sad and certainly doesn't promote company solidarity. Like I've said before, make the Big 3 sell what's sitting at all the dealerships even if they have to take a loss before making another automobile. Why keep making what nobody wants at prices nobody wants to pay?
Posted By: Beth: The Big 3 failure would be a major disaster - I agree. However, I don't feel that the government or tax payers should bail them out until they have made the same kinds of concessions that citizens, small business, and union members have already made. Begin by severely downsizing the execs and their benefits i.e. luxuries. Times are tough and they should share in the "recession life style" is part of the reason for decreased car sales. I need a newer car badly, but it's not on my shopping list any time soon. They are flying and driving nice cars. Get real! The union members have suffered considerable cuts already including loss of workers, benefits and wages. Make equal cuts in management, wages, and benefits, then look at union members' additional concessions, and financial aide from the government.
Posted By: jon: like i said we the workers will and are getting hurt.they gain we lose
Posted By: ME: Thank you UAW, if the union would not have barganed until the big 3 couldn't afford it any more we would all be able to afford nice cars. I was in the union before and it definently isnt all peaches and cream. Sure they will fight to get you more but look what it has done.. Workers recieved more then the company could afford and now more may lose everything. Thanks again UAW. It is flat out B.S. that the government will bail out huge corporations but only give the autos a loan. Its all for the politicians gain, main street America has been hurting alot longer then wall street, but wall street affected the politicians pocket so they did something about it. Mr & Mrs politician help us out, cut your pay & benefits.......quit cutting ours.
Posted By: LegallyRad: To Explain: If the banks were not bailed out, that would have affected the big 3, and every other business that deals with the banks (show me one that doesn't). This has nothing to do with Bush. Big 3 are very poorly run, and concede too much to organized labor. The bail out will first be essentially worthless since it will amount to a drop in a bucket, and the companies just blow cash. They need to fail to preserve our American capitalistic economy. Chances are only one or two of them will go out of business, but if they properly restructure then they could be saved... restructuring means cutting labor costs and consolidating products. If you want to blame something, it's mostly due to the mortgage crisis which began with Carter and Clinton who refused to allow banks to ensure that people could actually pay for their loans because they felt it might be discrimination. Look where that policy got us. Bush just happens to be in office when their poorly built floor calapsed.
Posted By: Michele: I cannot believe that they are not going to bail out the Big 3.Ford is not even sure it is going to need the money. And why do the banks get bailouts with no questions asked but they make the Big 3 jump through hoops of fire and all they want to do is borrow the money...... Reid is an idiot, and doesn't have a clue of how manufacturing works and what the ramifications down the road will be. Including restraurant, stores, and other service industries closing and going out of business due to lack of business. Let's keep America working!
Posted By: : George Bush did not run our country in the ditch. He crash it stright into the wall at 100/mph.
Posted By: pat: this is one more reason we need to thank George Bush for running our country into the ditch!

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