Gov. Snyder Prepares for Trade Trip to Italy, Germany

FILE - In this Feb. 7, 2013 file photo, Michigan Gov. Rick Snyder presents his third state budget before the state Legislature in Lansing, Mich. Snyder is taking questions under oath as labor unions and other creditors in Detroit�s bankruptcy try to understand why he signed off on the largest public filing in U.S. history. Three months later, no assets have been divided and no major deals have been struck. In fact, a judge soon will hold a trial to determine if Detroit even is eligible to be in Bankruptcy Court to restructure at least $18 billion in long-term debt. Snyder�s answers during a three-hour deposition Wednesday, Oct. 9, 2013, can be turned into evidence at the trial. (AP Photo/Carlos Osorio)
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LANSING, Mich. (AP) -- Gov. Rick Snyder plans to leave for Europe on Saturday for a trade mission focused on the auto industry.
Snyder tells the Associated Press the weeklong trip will include meetings and events in four cities in Italy and Germany. He says he'll focus on developing relationships that will help increase exports from Michigan and encourage foreign investments in the state.
The Republican governor said Thursday that hopes the trip will produce "continued headquarters expansions" and research and development growth. He cites the decision by German engine parts manufacturer Mahle (MAHL'-ey) to build its North American headquarters in Michigan as a result of his last trade trip to Italy and Germany in 2012.
Snyder also calls the trip an "opportunity to clear up old information" abroad and promote Michigan's recovering economy.




 
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