eMacomb - Economic Development in Action, Winter 2013
Home in Macomb Business Retention Program
“Home in Macomb Business Retention Program” nets big results in 2012
Experienced business owners recognize the importance of maintaining ongoing communications with their customer base. In Macomb County, almost 85% of new jobs are created by companies already making Macomb County their home. With this in mind, the department launched the “Home in Macomb Business Retention Program” last January. The program offers targeted services to help existing Macomb County companies achieve their goals for growth.
The department now has dedicated staff working exclusively to assist existing Macomb County companies. Our target is “second-stage” manufacturing firms with nine or more employees, more than a million dollars in revenue and a desire to grow. The department offers access to a wide range of business development services including incentives and alternative financing; employee recruitment and training programs; market research; site selection assistance when considering expansion opportunities; and general business consulting services.
In 2012, department clients invested more than $164 million in new equipment and facilities resulting in the retention of 3,450 jobs and the creation of 1,260 new ones.
- AGS Automotive, a Canadian-based supplier that specializes in engineering, metal stamping, plating, painting and bumper system design and assembly, expanded its square footage in Sterling Heights. They expanded their presence in Macomb County by acquiring and renovating a 350,000 square foot facility. The company was able to access local and state incentives, along with employee recruitment and training services.
- Tax incentives available through Michigan’s Tool & Die Recovery Zone enabled Baker Aerospace of Macomb Township to invest more than $10 million in an expansion that will create up to 170 jobs.
- Fori Automation is a global designer and supplier of the machinery that makes advanced manufacturing possible. Several years ago, it turned its attention to expanding its customer base to include defense, aerospace, agriculture and recreational vehicles. They were able to access employee recruitment, employee training, tax incentive, expedited permitting and utility services. Success in tapping these resources resulted in an expansion of its world headquarters in Shelby Township.
Our team of business development specialists can connect you to available programs and services to help your company achieve its growth goals. We want you to continue to make your Home in Macomb! Get in touch -- we can grow together. Visit www.MacombBusiness.com for more information.