$4 billion invested in SE Michigan last year

Good news, dudes. A report released Tuesday by the Economic Development Coalition of Southeast Michigan on business attraction and expansion successes during 2007 said four big ones were invested into the region. Nope, not $4, or thousand, or million - but $4 billion!

The investment brought new projects, new jobs, and the retainment of current jobs. Bravo SE Michigan. Keep it up.

Excerpt:

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.

Read the entire article here.
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