Gov. Whitmer announced $4.1 billion in investments that will create 4,600 jobs | Michigan.gov
Gov. Whitmer announced $4.1 billion in investments that will create 4,600 jobs | Michigan.gov
The Michigan government will contribute $4.1 billion towards investment opportunities that will bring three developments to the state.
The Michigan Economic Development Corporation (MEDC) was joined by Gov. Gretchen Whitmer (D-MI) in announcing that the Michigan Strategic Fund investment (MSF) would bring over 4,600 jobs to the state, including two battery projects, according to a news release issued by the state government.
“When we took the votes to create the SOAR Fund last year, and voted to restock the fund just last week, this is the vision we had for Michigan: thousands of new jobs to support Michigan families, expanding our Michigan industry into new, innovative fields, and keeping Michigan at the heart of American vehicle manufacturing,” House Democratic Leader Donna Lasinski (D-Scio Township) said in the release. “These investments are building a stronger state and economy, and these types of projects are only possible when our state is in fighting shape to compete for these jobs.”
Whitmer added that the investments would add jobs to Big Rapids, Van Buren Township and Ottawa and Muskegon counties.
“This is yet another historic day for Michigan this year as we continue to secure generational opportunities in our manufacturing and engineering workforce, grow a sustainable economy, and make critical infrastructure improvements to support the state’s robust agriculture industry,” she said. “By working across the aisle on bipartisan economic development legislation, we’ve brought long-term opportunity to Michigan and created thousands of good-paying jobs for Michiganders. We have proven time and time again that we will compete for every dollar and every project to move Michigan forward.”
MEDC CEO and MSF President and Chair Quentin Messer Jr. said the investment was a bipartisan effort that would bring similar investment opportunities in the future.
“In less than a year, the SOAR Fund has been instrumental in securing transformational projects that are anticipated to create 7,370 new jobs, save at least 1,000 existing jobs and invest $9.375 billion in communities across Michigan,” he said. “We look forward to our continued partnership with legislative leaders, the Whitmer-Gilchrist administration, business and labor leaders, and our local partners to get the job done. Work remains and we will continue to get better, together, we will continue putting the world on notice that Michigan plays to win.”
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