Michigan Good News - Michigan Economic Development Corporation

a monthly update brought to you by the Michigan Economic Development Corporation
August 2009
LETTER FROM THE PRESIDENT & CEO
Dear Friends,
Michigan has been working harder than any other state to become the advanced
battery capital of the world, and thanks to that hard work, we are now the epicenter
of the new U.S. advanced battery industry. In what was an ultra-competitive process,
Michigan took the lion’s share of $2.4 billion in U.S. Department of Energy competitive
grants for advanced battery manufacturing and electric vehicle components. An eyepopping $1.36 billion will be divided in Michigan among nine companies—Johnson
Controls, A123Systems, KD Advanced Battery Group, Compact Power (on behalf of
LG Chem), General Motors, Ford Motor, Chrysler, Magna E-Car, and South Coast
Air Quality Management District—and three universities—Wayne State University,
Michigan Technological University and University of Michigan. These grants are
expected to help create up to 6,800 jobs in the next 18 months and up to 40,000 in
Michigan over the next 11 years.
The dog days of summer have been anything but with news that eight projects
are expected to create and retain 14,900 jobs on capital investment of more than
$349.5 million. Seven company projects plus an alternative energy brownfield
redevelopment are expected to create 6,372 new jobs (2,720 direct), and retain
8,586 jobs (3,359 direct). The roster includes establishment of a new electric vehicle
powertrain r&d center in Ann Arbor and conversion of the Muskegon wastewater
treatment plant into an alternative energy center. The nation’s largest online mortgage
lender is keeping its headquarters in Michigan with new operations in downtown
Detroit, and Magna Seating will build a new plant on the long-vacant Chrysler
headquarters site in Highland Park. Auto suppliers are expanding and consolidating
in Auburn Hills, Saline and three mid-Michigan communities.
These and more good news stories continue in the pages that follow.
Enjoy!
Greg Main, President and ceo
Michigan Economic Development Corporationsm
On August 5, Vice President Joe Biden came to Detroit
to announce the award of more than $1.36 billion in
grants from the U.S. Department of Energy to support
12 advanced battery and electric vehicle manufacturing
and development projects in Michigan. The battery projects are estimated to create 6,800 jobs in the next
18 months and up to 40,000 jobs by 2020.
“Three years ago, we identified the advanced battery
market as a key emerging sector that Michigan, already
the global center of automotive research and development, was positioned to lead,” Governor Granholm said.
“We developed an aggressive strategy to make Michigan
the advanced battery capital of the world, and today’s
announcement is another huge step toward that goal.”
Michigan saw the opportunity for an advanced
battery industry well before any other state and developed
an innovative strategy to bring to Michigan the jobs and
economic development created by advanced battery research, development, and manufacturing.
That strategy includes Michigan’s first-in-the-nation
advanced battery tax credits. Earlier this year, Granholm
signed into law legislation providing up to $700 million in
refundable tax credits to encourage companies to develop
and manufacture advanced batteries and commercialize
advanced-battery technologies in Michigan. The initiative
—the first of its kind in the United States—was a key
factor in Michigan projects receiving the doe grants.
Beginning in February, the Michigan Economic
Growth Authority (mega) approved battery incentive
agreements with Ford, GM, and Chrysler totaling
$280 million for pack engineering, integration and
assembly, vehicle engineering, and advanced-battery
technologies. In April, mega approved $400 million in
refundable advanced battery tax credits for A123Systems,
Johnson Controls-Saft Advanced Power Solutions, KD
Advanced Battery Group, and LG Chem-Compact Power.
“In 2006, Michigan charted a course to lead in
advanced battery development and we have not looked
back,” medc president and ceo Greg Main said. “We
engaged industry experts every step of the way and
secured unprecedented bipartisan support for some of
the most generous and innovative economic development
tools in the nation. I commend Governor Granholm and
the Michigan Legislature for enabling Michigan to be a
global leader in this industry.”
The 12 Michigan projects receiving
DOE grants are:
Cell, Battery and Materials
Manufacturing Facilities
• Johnson Controls: $299.2 million awarded for
production of nickel-cobalt-metal battery cells and
packs, as well as production of battery separators for
hybrid and electric vehicles. Facility in Holland.
• A123 Systems: $249.1 million awarded for
manufacturing nano-iron phosphate cathode powder
and electrode coatings, fabrication of battery cells
and modules, and assembly of complete battery pack
systems for hybrid and electric vehicles. Facilities in
Romulus and Brownstown.
• KD Advanced Battery Group: $161 million awarded
for production of manganese oxide cathode/graphite
lithium-ion batteries for hybrid and electric vehicles.
Facility in Midland.
• Compact Power (on behalf of LG Chem): $151.4 million
awarded for production of lithium-ion polymer battery
cells for the GM Volt. Facilities in Holland, Pontiac, and
St. Clair.
• General Motors: $105.9 million awarded for production
of high-volume battery packs for the GM Volt. Facility
in Brownstown Township.
August 2009
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AWA R D S A N D A C H I E V E M E N T S
Planning and Smart Strategy Pay
Off in Competition for Battery Funding
AWA R D S A N D A C H I E V E M E N T S
More than $1.36 billion in grants from the
electric vehicle manufacturing and
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August 2009
AWA R D S A N D A C H I E V E M E N T S
the DOE support 12 advanced battery and
and development projects in Michigan
August 2009
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AWA R D S A N D A C H I E V E M E N T S
The 12 Michigan projects receiving
DOE grants continued
Electric Drive Component
Manufacturing Facilities
• General Motors: $105 million awarded for construction
of U.S. manufacturing capabilities to produce the
second-generation GM global rear-wheel electric drive
system. Facility in Wixom.
• Ford Motor Company: $62.7 million awarded to
produce a Ford electric drive transaxle with integrated
power electronics in an existing Ford transmission
facility. Facility in Sterling Heights.
• Magna E-Car Systems of America: $40 million
awarded to increase production capacity of advanced
automotive electric drive system component
manufacturing plants located in the United States.
Facility in Holly.
Advanced Vehicle Electrification
• Chrysler: $70 million awarded to develop, validate, and
deploy 220 advanced plug-in hybrid electric pickups and
minivans. Facility in Warren.
• South Coast Air Quality Management District:
$45.4 million awarded to develop a fully-integrated,
production plug-in hybrid system for Class 2-5 vehicles.
Facility in Galesburg.
Advanced Vehicle Electrification and
Transportation Sector Electrification
• General Motors: $30.5 million awarded to develop,
analyze, and demonstrate hundreds of Chevrolet Volt
Extended Range Electric Vehicles.
• Ford Motor Company: $30 million to accelerate the
launch and commercialization of phevs and evs by
partnering with 15 of America’s leading utilities.
Michigan’s Advanced Battery Strategy
• November 2006: Michigan targets development of
advanced battery sector.
• 2007: Michigan engages battery experts, U.S. Department of Energy, and U.S. Department of Defense to
convey critical need for a domestic battery industry
and develop strategies to ensure adequate funding will
be available.
• May 2008: Michigan establishes team of advanced
energy storage experts to hone Michigan’s business
strategy and develop incentives.
• July 2008: Michigan creates Centers of Energy
Excellence Program to leverage university, public, and
private sector strengths to accelerate commercialization
of alternative energy technologies.
• September 2008: Michigan designates Sakti3 a Center
of Energy Excellence and approves a $3 million grant for
next-generation technology battery development.
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August 2009
• September 2008: Michigan commences negotiation on
advanced battery credit legislation.
• November 2008: Michigan designates A123Systems Inc.
a Center of Energy Excellence and approves $10 million
grant for pilot cell assembly facility.
• January 2009: Governor Jennifer M. Granholm signs
into law advanced battery credits worth $335 million
for battery pack manufacturing; advanced battery
vehicle research; engineering, development and
integration; and establishment of a fully integrated,
large-format cell manufacturing facility.
• January 2009: General Motors makes major
announcements: Chevy Volt battery pack manufacturing
facility, world’s largest battery test facility to be
established in Warren; and new Advanced Battery
Coalition for Drivetrains laboratory to be built in
conjunction with the University of Michigan.
• February 2009: Congress passes the American Recovery
and Reinvestment Act.
• February 2009: Michigan approves General Motors
for advanced battery credits of $160 million for
pack manufacturing and vehicle engineering; and
Ford Motor Company for $30 million in advanced
battery technology credits and $25 million in vehicle
engineering credits.
• March 2009: U.S. Department of Energy issues grant
solicitation, allocating $2 billion for battery-related
development and technologies.
• April 2009: Michigan expands advanced battery credits
by $220 million, adds two $100-million credits for cell
manufacturing, and an additional $20 million in vehicle
engineering credits.
• March and April 2009: Michigan reviews applicants
for advanced battery credits for subsection 5, cell
manufacturing.
• April 2009: Michigan approves advanced battery credits
for A123Systems, Johnson Controls-Saft Advanced
Power Solutions, KD Advanced Battery Group, and
LG Chem-Compact Power.
• May 2009: Michigan expands advanced battery
credits by $145 million, adding $100 million for cell
manufacturing and $45 million for vehicle engineering.
• May 2009: Michigan awards Ford Motor Company an
additional $20 million credit for vehicle engineering.
• May 2009: Sakti3 applies for U.S. Department of Energy
funding for pilot plant.
• July 2009: General Motors announces Chevy Volt pack
manufacturing site in Brownstown Township.
• July 2009: fortu Power Cell announces search for
site to manufacture advanced battery cells in western
Michigan.
• August 2009: U.S. Department of Energy announces
battery awards.
Auto supplier Saline Lectronics will expand its
operations to produce components for the
aeronautics and medical devices industries and plans
Lansing-Based Biotech Company
Hiring Former Pfizer Scientists
Afid Therapeutics has been selected to receive funding
from the state’s Company Formation and Growth (cfg)
initiative aimed at retaining Pfizer talent and assets in
the state. The Michigan Strategic Fund (msf) board
approved $150,000 to hire three former Pfizer scientists
at afid’s operations at the Michigan State University
Bioeconomy Institute in Holland, Ottawa County, a
former Pfizer property. Including the afid award, the
cfg has approved $7.05 million in loans to a total
of 33 life-science companies in Ann Arbor, Chelsea,
Holland, Jackson, Lansing, Livonia, Kalamazoo and
Portage. The msf created the $8-million Company
Formation and Growth fund in June 2007 to accelerate
company formation and growth and job creation based
on employees, technologies and high-tech equipment left
behind when Pfizer downsized its operations in Michigan.
Manufacturing Diversification Summits
Helping Suppliers Find New Markets
The medc partnered with the Traverse City Chamber
and regional economic development organizations in July
for the Automotive Diversification Summit in Traverse
City. An audience of more than 150 learned about
strategies for converting capacity to advanced energy
technology, medical device, aerospace and homeland
security/defense manufacturing. It was the eighth of 13
statewide summits targeting more than 2,500 companies
with a goal of $150 million in contracts, outreach to 300
companies to be serviced by industry experts and 25
companies receiving certification assistance from the
Michigan Manufacturing Technology Center. The summit
at Southwestern Michigan College in Dowagiac on August
19 will be co-hosted by Southwest Michigan First. Further
information is available at www.MichiganAdvantage.org/
diversification.
to create 53 new jobs and retain 82. With Michigan
Strategic Fund (msf) approval, Saline Lectronics will
receive assistance through the Collateral Support
Program recently launched under the Michigan Supplier
Diversification Fund to help Michigan manufacturers
diversify into new emerging sectors. The msf board
approved allocation of $998,000 to be used as a collateral
deposit. Comerica Bank plans to fast-track a loan of
$2 million for the project, which will create 53 new jobs
and retain 82 existing jobs. The medc’s investment is
intended to be temporary as real estate values stabilize.
To be eligible for the program, a company must fall under
the definition of a firm eligible to receive a mega tax
credit. A business must also be engaged with a private
lender to acquire a commercial loan for a diversification
project and must exhibit a cash-flow shortage according
to the lender’s analysis.
Mi Tourism Gets Boost in July from
Bayview Mackinac Race, Buick Open
It has been a stellar summer for tourism, with Tiger
Woods at the Flint Buick Open and the Bayview Mackinac
Sailing Race July 25–August 2 keeping Michigan in the
headlines. Comerica Bank’s Michigan Tourism Index
shows that the state’s tourism industry has outperformed
the overall state economy to date this year, giving the
award-winning Pure Michigan ad campaign a large share
of the credit. July was the best month ever, in terms of
volume, for the state’s tourism web site, www.michigan.
org, with a record of nearly 97,000 users logging on
July 26 to monitor more than 200 boats equipped with
Global Positioning System (gps) tracking technology for
the first time in the event’s 85-year history and available
exclusively at www.michigan.org/gps over the race dates.
The historic race began in Port Huron with more than
250 sailboats and 2,500 crew members headed north for
the Mackinac Island finish line and a crowd estimated at
100,000 to see them off. The annual event on Lake Huron
is organized by Detroit’s Bayview Yacht Club, located
on the Detroit River near the mouth of Lake St. Clair. In
Grand Blanc near Flint, the excitement of golfing great
Tiger Woods’ third Buick Open title win at the Warwick
Hills Golf & Country Club August 2 was offset by the
reality that General Motors will no longer sponsor the
tournament. The event, a Michigan classic since 1958,
will be replaced by the Greenbriar in West Virginia next
year. However, the pga Tour is interested in returning to
Michigan and is exploring possibilities for future events
with Warwick Hills.
August 2009
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AWA R D S A N D A C H I E V E M E N T S
Supplier Diversification Fund
Will Help Saline Firm Expand
C O M PA N Y S U C C E S S E S
Quicken Loans and Parent Company
Relocating HQ to Detroit
The nation’s largest online lender and the nation’s fifth
largest retail mortgage lender, based in Livonia, plans
to relocate its headquarters to downtown Detroit,
leasing space through 2015 followed by construction of
a new facility. Quicken currently has 2,272 employees in
Michigan. The company plans to invest $240 million in
the headquarters consolidation expected to create 4,019
jobs, including 1,800 directly by the company. Increased
economic activity created by the project is projected to
create an additional 2,219 indirect jobs and retain 4,967
jobs, including 2,200 directly at the company and an
additional 2,767 indirect jobs. State and local tax credits
valued at $47.2 million over 12 years helped win the
project for Michigan over a competing site in Ohio.
www.quickenloans.com
Ventra Ionia Main Acquires Four
Former Meridian Supplier Plants
in Mid Michigan
The producer of plastics, metals and mechanical
assemblies for the automotive industry plans to invest
$42 million to acquire former Meridian Automotive
facilities located in Ionia, Fowlerville and two in
Kentwood. Ventra, one of the Flex N Gate group of
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August 2009
companies, currently has 733 employees in Michigan
not including the recently acquired Meridian facilities.
The project is expected to retain 3,126 jobs, including
934 directly by the company and increased economic
activity created by the project expected to retain an
additional 2,192 indirect jobs. A state tax credit valued at
$4.6 million over six years will support the undertaking,
which will receive additional support from the cities of
Ionia, Fowlerville and Kentwood. www.flex-n-gate.com
Magna Seating to Build New Plant
on Site of Former Chrysler HQ in
Highland Park
Novi-based Magna Seating of America plans to build
a new $18-million multi-product facility in Highland
Park on the Chrysler headquarters site left vacant after
the automaker moved to Auburn Hills in 1992. Ontario,
Canada-based parts supplier Magna International has
30 facilities in Michigan with 4,900 employees. Magna
Seating, a unit of Magna International, currently has
280 employees in Michigan. The project will create
1,414 new jobs, including 420 directly by the company
and 994 spin-off jobs. State and local tax credits
amounting to $6 million over seven years helped make
the case for a Michigan location. www.magnasteyr.com
Molded Materials Consolidating
Plymouth Operations to Saline
State and local tax incentives totaling $24.4 million over
10 years have been offered to encourage Continental
Automotive Systems Holding US to expand operations
in Auburn Hills. The company is part of Continental
AG’s automotive group, one of the leading global auto
suppliers with 2008 sales of 15 billion euro. Continental
Automotive Systems, formerly known as Siemens
VDO Automotive Group, was acquired by Continental
AG in 2007. Continental Automotive Systems and its
affiliates currently have 1,357 employees in Michigan.
The proposed $26.9 million project, pending company
approval, is expected to create up to 230 new direct
jobs and an additional 322 indirect jobs and to retain
approximately 225 Continental jobs and 268 indirect
jobs in Michigan. www.conti-online.com
The designer and manufacturer of tooling and
molded composite components for the automotive,
life sciences, defense and heavy truck industries in
business in Michigan for more than 40 years plans
to invest $2.9 million to consolidate its Plymouth
operations to a new facility in Saline. The project is
expected to create 69 new jobs, including 29 directly by
the company plus 40 indirect jobs. State and local tax
credits valued at $420,388 over seven years were offered
to help convince the company to expand in Michigan over
a competing site in Ohio. www.moldedmaterials.com
Attwood Plans $2 Million
Consolidation, Expansion in Lowell
Marine parts and accessories supplier Atwood
Corporation plans to consolidate the MotorGuide
operations based in Tulsa, Oklahoma, to its headquarters
in Lowell, Kent County. Both companies are divisions
of Mercury Marine. This will be the second business
consolidation in as many years for Attwood, with the
previous consolidation of its Lancaster, Texas, operations
to Lowell after the company received a mega credit in July
2008. Attwood currently has 138 employees in Michigan.
The company plans to invest $2 million in the project
which will create 92 new jobs, including 51 directly by the
company and 41 indirect jobs. State and local tax credits
valued at $483,026 over seven years helped convince the
company to expand in Michigan over competing sites in
Georgia, Oklahoma, Wisconsin and Mexico.
www.attwoodmarine.com
Powertrain R&D Company Creating
Electric Vehicle Powertrain Center
in Ann Arbor
AVL Powertrain Engineering, the North American
operation of avl, the 60-year-old powertrain consulting
company based in Austria, plans to invest $2.6 million
in a new hybrid and alternative fuel development
center in Ann Arbor for electric vehicle powertrain
development. Avl Powertrain currently has 377
employees in Michigan. The project will create 76 total
jobs, including 40 directly by the company and 36 indirect
jobs. State and local tax incentives valued at $298,559 over
five years were offered to win the project for Michigan
over a competing site in California. www.avl.com
August 2009
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C O M PA N Y S U C C E S S E S
Continental Automotive Systems
Expanding, Adding Jobs in Auburn Hills
COMMUNITY SUCCESSES
Michigan’s brownfield redevelopment program is
among the most competitive in the country. Over the
course of the last 10 years it has been instrumental
in redeveloping over 500 sites throughout the state
generating an actual investment of $2.5 billion. Brownfield
redevelopment represents an opportunity to redesign and
enhance our communities and often has a profound effect.
The removal of a blighted building, increased tax revenue,
job creation, downtown revitalization, or elimination of
a contaminated site are all benefits communities can see
through the use of this incentive. The continued investment
in brownfield redevelopment will help Michigan’s economic
recovery and benefit our communities for years to come.
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August 2009
Former Muskegon Wastewater
Treatment Plant to Become
Alternative Energy Center
Developer Erdman Holdings plans to transform the
currently unused Muskegon County Whitehall-Montague
wastewater treatment plant in Whitehall Township into a
closed-loop alternative energy system. The Silver Creek
New Energy development will use agricultural feedstock
partially grown on-site to produce energy from methane
and ethanol. Brownfield redevelopment of the 680-acre
site, including recycling center and recreation areas, will
be supported by state and local tax capture valued at
$491,767. The project will generate $13.3 million in new
capital investment and is expected to create up to 150
new jobs.
Community
County
1. Beaverton City
Gladwin
2. Belding City
Ionia
3. Benton Charter Twp
Berrien
4. Big Rapids City
Mecosta
5. Buena Vista Charter Twp Saginaw
6. Caro Village
Tuscola
7. Carp Lake Township
Ontonagon
8. Cass City Village
Tuscola
9. Columbiaville Village
Lapeer
10. Corunna Village
Shiawassee
11. DeTour Village
Chippewa
12. Dowagiac City
Cass
13. Ford River Township
Delta
14. Fowlerville Village
Livingston
15. Gaastra City
Iron
16. Gaylord City
Otsego
17. Gobles City
Van Buren
18. Grayling City
Crawford
19. Harrison City
Clare
20. Hesperia Village
Oceana
21. Hudson City
Lenawee
22. Imlay City
Lapeer
23. Iron Mountain City
Dickinson
24. Kinde Village
Huron
25. Kingsley Village
Grand Traverse
26. Lapeer City
Lapeer
27. Manton City
Wexford
28. Mattawan Village
Van Buren
29. Morley Village
Mecosta
30. Mt. Pleasant City
Isabella
31. Muir Village
Ionia
32. Nashville Village
Barry
33. North Branch Village
Lapeer
34. Norway City
Dickinson
35. Owendale Village
Huron
36. Pinconning Village
Bay
37. Reed City
Osceola
38. Rogers City
Presque Isle
39. Roosevelt Park City
Muskegon
40. Roscommon Village
Roscommon
41. Saranac Village
Ionia
42. Scottville City
Mason
43. Springfield City
Calhoun
44. Vandalia Village
Cass
45. Vermontville Village
Eaton
46. Walkerville Village
Oceana
46 Michigan Communities Receive
Federal Funding for Public
Improvements
COMMUNITY SUCCESSES
The federal Infrastructure Capacity Enhancement
program, formerly known as the Public Works program,
benefits cities, villages and townships where at least
51 percent of the population is comprised of low- and
moderate-income residents as defined by the U.S.
Department of Housing and Urban Development (hud).
Funds may be used for upgrading of existing public
infrastructure systems or by adding capacity to burdened
systems. To date, $62.4 million has been awarded to
communities across the state through the program.
More than $14.1 million in Community Development
Block Grant funding being made available through the
medc will support public infrastructure projects in 46
communities statewide.
CDBGDescription
$750,000
$596,800
$744,000
$346,500
$354,000
$339,112
$142,000
$90,264
$23,156
$340,000
$86,000
$340,000
$110,000
$595,000
$75,000
$377,096
$288,000
$388,284
$320,000
$391,850
$370,000
$240,000
$240,600
$248,361
$213,355
$504,302
$75,000
$543,000
$148,000
$325,000
$220,000
$295,400
$90,660
$682,400
$172,800
$116,568
$89,800
$750,000
$166,386
$245,800
$228,750
$210,737
$550,000
$16,780
$445,289
$159,800
Total $14,145,850
dam improvements
wastewater system improvements
sewer improvements
water and sewer generator replacement
sewer improvements
water improvements
street improvements
road improvements
water improvements
wastewater improvements
pump station replacement
utility and street improvements
water system improvements
street improvements
sanitary sewer improvements
water and sewer improvements
water improvements
street improvements
storm water improvements
street improvements
sanitary sewer improvements
street improvements
water and street improvements
sidewalk improvements
water and road improvements
sewer system improvements
walking trail connector
water system improvements
bridge replacement
sanitary sewer improvements
water system improvements
street improvements
storm sewer improvements
sewer separation improvements
water tower improvements
street improvements
water main improvements
wastewater treatment improvements
street and sewer improvements
water and street improvements
wastewater improvements
water tower repair
street improvements
street improvements
water system improvements
wastewater improvements
August 2009
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CALENDAR OF EVENTS
The following list has activities conducted/sponsored by both the MEDC and local economic development
partner organizations throughout the state. For more detailed information on any of these activities, please
contact the MEDC at 517.373.9808, e-mail at medcservices@michigan.org or visit MichiganAdvantage.org.
AUGUST
18
MEGA Board Meeting
MEDC offices, Lansing
A monthly meeting of the Michigan
Economic Growth Authority (mega) to
consider awarding Michigan Business
Tax (mbt) credits as incentives for jobcreating business expansions in Michigan.
19
Michigan Diversification Summit
Southwestern Michigan College, Dowagiac
The medc and Southwest Michigan’s local
economic development organizations,
in partnership with the Keep Michigan
Working coalition, will be hosting a
diversification summit for Michigan
manufacturers seeking to diversify into
growing manufacturing sectors.
www.diversifysouthwestmichigan.com
26
MSF Board Meeting
MEDC Offices, Lansing
A monthly meeting of the Michigan
Strategic Fund (msf) to review and
approve applications relative to the Private
Activity Bond (pab) program, Community
Development Block Grant (cdbg)
program and other relevant issues.
SEPTEMBER
15
41st Annual Midwest U.S.-Japan
Association Conference
Tokyo, Japan
The Midwest U.S.-Japan Association is
made up of 10 states including Michigan
and the 10 largest Japanese companies.
www.midwest-japan.org
16
Michigan Diversification Summit
30
MSF Board Meeting
Genesee Regional Chamber of
Commerce, Flint
The medc and the Genesee Regional
Chamber of Commerce will be hosting
a diversification summit for Michigan
manufacturers seeking to diversify into
growing manufacturing sectors.
www.thegrcc.org
MEDC Offices, Lansing
A monthly meeting of the Michigan
Strategic Fund (msf) to review and
approve applications relative to the Private
Activity Bond (pab) program, Community
Development Block Grant (cdbg)
program and other relevant issues.
16
SEIC Board Meeting
MEDC offices, Lansing
The Strategic Economic Investment and
Commercialization (seic) board seeks to
foster the growth of Michigan’s high-tech
economy by investing in the best research
and commercialization opportunities.
21–25
European Photovoltaic Solar
Energy Conference 2009
OCTOBER
14
SEIC Board Meeting
MEDC offices, Lansing
The Strategic Economic Investment and
Commercialization (seic) board seeks to
foster the growth of Michigan’s high-tech
economy by investing in the best research
and commercialization opportunities.
19–21
The Business of Plugging In Conference
Hamburg, Germany
The “who’s who” of the pv solar branch
will meet at Hamburg to discuss the latest
developments in science and industry,
providing an excellent platform for dialogue
and information exchange across the world.
www.photovoltaic-conference.com
Motor City Conference Center, Detroit
The Business of Plugging Insm will bring
together vehicle manufacturers, suppliers,
energy companies, government agencies,
financiers and researchers to address the
challenges of creating a clean, diversified
and secure energy solution.
www.pev2009.com
22
MEGA Board Meeting
20
MEGA Board Meeting
MEDC offices, Lansing
A monthly meeting of the Michigan
Economic Growth Authority (mega) to
consider awarding Michigan Business
Tax (mbt) credits as incentives for jobcreating business expansions in Michigan.
MEDC offices, Lansing
A monthly meeting of the Michigan
Economic Growth Authority (mega) to
consider awarding Michigan Business
Tax (mbt) credits as incentives for jobcreating business expansions in Michigan.
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U.S. POSTAGE
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MIDLAND, MI
PERMIT NO. 135