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Name Location Date. Jobs Today, Jobs Tomorrow Plan. A Plan To Transform Michigan’s Economy: Create jobs today Diversify economy to create jobs tomorrow Invest in all our people. Improving our Business Climate. Resolved $4 billion in budget shortfalls Cut permitting time

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  1. NameLocationDate

  2. Jobs Today, Jobs Tomorrow Plan A Plan To Transform Michigan’s Economy: • Create jobs today • Diversify economy to create jobs tomorrow • Invest in all our people

  3. Improving our Business Climate • Resolved $4 billion in budget shortfalls • Cut permitting time • Made permits available online • Signed 59 business tax cuts • $600 million tax cut for manufacturers • Started “Buy Michigan First”

  4. Connecting Workers to Today’s Jobs • Created the MI Opportunity Partnership • Partnership places qualified workers in jobs today • Helps others gain the new skills they need to get good paying jobs

  5. Creating Jobs Today • $3.8 billion Jobs Today Initiative • Accelerated 10 years of road and construction projects into a three-year period • Put tens of thousands of Michigan citizens to work making Michigan work better

  6. Preparing All Students For Success • Goal: double the number of college grads in ten years • Invested in early childhood education • Fought for record funding for K-12 classrooms • Pushed for, signed into law a rigorous core curriculum • Legislature must pass a $4,000 New Merit Scholarship Award • Citizens must defeat MCRI

  7. Diversifying Michigan’s Economy, Creating Jobs Tomorrow • 21st Century Jobs Fund: • Largest investment of any state in economic diversification • $2 billion investment in alternative energy, life sciences, advanced manufacturing and homeland security / defense technology

  8. Affordable, Universal Health Care • Michigan First Health Care Plan • Will make health care more accessible and affordable for everyone, everywhere • Will subsidize care for those who can least afford it • Will make more affordable health insurance products available to more citizens • Will encourage businesses to offer health care insurance to their workers

  9. Plan Beginning to Pay Dividends • Placed 107,000 workers in new jobs through the MI Opportunity Partnership • Put 40,000 people to work in the next 3 construction seasons • Received more than 500 proposals for 1st round of 21st Century Jobs Fund funding • Expanded affordable health care and prescription drug coverage to more than 292,000 people • Two investment missions to Japan – convinced 22 companies to create more than 1,000 jobs in Michigan

  10. Plan Beginning to Pay Dividends Businesses Are Choosing Michigan: • The Big Three have invested over $9 billion in Michigan • Denso is expanding its headquarters in Southfield • Advanced Photonix moved from California to Ann Arbor • BorgWarner moved its headquarters from Chicago to Auburn Hills • Bosch built a new technical center in Plymouth Township • Kellogg moved its Keebler headquarters from Illinois to Michigan, creating more than 650 jobs in Battle Creek and Wyoming. • Whirlpool is consolidating operations in Michigan from other states, creating more than 400 jobs in Benton Harbor. • American Axle chose to keep manufacturing jobs in Detroit rather than send them to Mexico.

  11. Plan Beginning to Pay Dividends • “One of Best-Managed States” in the nation [Governing Magazine 2005] • #1 U.S. Automotive Power Center [Business Facilities Magazine 2005] • #9 most competitive tax burden [Laffer Associates State Competitive Environment 2006 State Rankings] • #8 competitive business climate, #4 in Corporate Facilities and expansions [Site Selection Magazine 2005] • #2 in capital investment [Ernst & Young 2005] • Michigan’s business taxes are lower than other 36 states [Council on State Taxation, 2005 rankings]

  12. Plan Beginning to Pay Dividends Michigan Gets Googled: • Google To Open Michigan Facility, Hire 1,000[Dow Jones] • Google brings in new jobs and hope[Detroit Free Press] • Google likely to unleash our area’s imagination[Ann Arbor News] • Google to Put a Research Center in Michigan[New York Times] • Google's 'hit' on Michigan thrills state, local economy developers[Muskegon Chronicle] • Could Google be engine for Mich. Rebound?[Detroit News]

  13. BUSINESS MARKETING CAMPAIGN • Market Michigan To Attract Jobs

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