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3Jobs Today, Jobs Tomorrow Plan
- A Plan To Transform Michigans Economy
- Create jobs today
- Diversify economy to create jobs tomorrow
- Invest in all our people
4Improving 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
5Connecting Workers to Todays 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
6Creating 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
7Preparing 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
8Diversifying Michigans 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
9Affordable, 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
10Plan 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
11Plan 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.
12Plan 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
- Michigans business taxes are lower than other 36
states Council on State Taxation, 2005 rankings
13Plan 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 areas 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
14BUSINESS MARKETING CAMPAIGN
- Market Michigan To Attract Jobs