Economic Development Report Shows $4 Billion in Investment
The Economic Development Coalition of Southeast Michigan Tuesday released its report of business attraction and expansion successes during calendar year 2007.
During that period, EDCSEM member agencies engaged in business activity expected to yield a total of 117 new projects representing $4 billion in investment to the region.
The total number of jobs created in 2007 was 16,610 with an additional 9,552 jobs retained as a result of these investments.
The report is a summary of regional business and attraction and expansion successes reported by EDCSEM agencies. It is not intended to be a comprehensive detailing of every project undertaken in the region; but, rather a snapshot of growth and development from the region's largest economic development organizations.
EDCSEM was convened by Detroit Renaissance and announced its formation in November 2007. Members include: Ann Arbor Spark, Automation Alley, Detroit Economic Growth Corporation, Detroit Regional Economic Partnership, Detroit Regional Chamber of Commerce, Michigan Economic Development Corporation, Detroit Renaissance, Macomb County, Oakland County, NextEnergy, TechTown, Tourism Economic Development Council and Wayne County.
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