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ECONOMIC

DEVELOPMENT
& COMMUNITY
AFFAIRS
MARCH 2018
IMPACT REPORT
INTERNAL ONLY
Emerging Sectors Only
Successes - Current Month - March 2018
MONTH COMPANY CITY SECTOR/PROJECT TYPE FOREIGN FIRM INVESTMENT NEW JOBS RETAINED JOBS
March Corix Utility Services Waterford Alternative Energy & Power Generation $ 200,000 70 0

TOTAL $ 200,000 70 0

Successes - Year To Date (January through March 2018)
SECTOR YEAR TO DATE INVESTMENT NEW JOBS RETAINED
Advanced Electronics 4 $ 25,700,000 176 230
Advanced Materials, Chemicals & Nano 1 $ 10,300,000 50 82
Aerospace
Alternative Energy 1 $ 200,000 70
Communications & IT 1 $ 1,200,000 60 30
Defense/Homeland Security
Film & Digital Media
F.I.R.E. (Finance, Insurance, Real Estate)
Medical Main Street/Health Care 2 $ 500,000 20 8
Robotics 1 $ 400,000 5
TOTAL 10 $ 38,300,000 381 350

Successes - Inception (2004 through March 2018)
SECTOR INCEPTION INVESTMENT NEW JOBS RETAINED
Advanced Electronics 108 $ 849,111,824 8,525 7,871
Advanced Materials, Chemicals & Nano 54 $ 319,165,550 2,677 2,303
Aerospace 9 $ 408,217,586 682 1,215
Alternative Energy 34 $ 631,060,834 3,536 2,023
Communications & IT 150 $ 807,369,197 13,494 10,525
Defense/Homeland Sec. 13 $ 95,850,000 1,786 528
Film & Digital Media 6 $ 92,200,000 795 91
F.I.R.E. (Finance, Insurance, Real Estate) 22 $ 227,815,006 8,104 4,330
Medical Main Street/

Health Care 63 $1,212,223,810 8,544 5,046
Robotics 20 $ 65,499,624 857 1,394
TOTAL 479 $ 4,708,513,431 49,000 35,326
Traditional Only
Successes - Current Month - March 2018
MONTH COMPANY CITY SECTOR/PROJECT TYPE FOREIGN FIRM INVESTMENT NEW JOBS RETAINED JOBS
March Eberspächer NA Wixom Traditional Germany $ - 200
Lucas Diesel Southfield Traditional Spain $ 120,000 3
Ciot Detroit LLC Troy Traditional Canada $ 4,020,000 10 30
Motherson Innovations Farmington Hills Traditional India $ 1,500,000 15
TOTAL $ 5,640,000 228 30

Successes - Year To Date (January through March 2018)
SECTOR/PROJECT TYPE YEAR TO DATE INVESTMENT NEW JOBS RETAINED JOBS
Traditional 7 $ 12,806,000 281 84
Real Estate 4 $ 29,500,000 90 16
TOTAL 11 $ 42,306,000 371 100

Successes - Inception (2004 through March 2018)
SECTOR/PROJECT TYPE YEAR TO DATE INVESTMENT NEW JOBS RETAINED JOBS
Traditional 290 $2,639,442,583 15,940 21,099
Real Estate 43 $ 576,172,040 2,211 51
TOTAL 333 $ 3,215,614,623 18,151 21,150
Finance Services
Loan Fundings - Current Month - March 2018
504 LOANS/
FUNDING DATE TOTAL PROJECT AMOUNT BANK LOANS EQUITY AMOUNTS NEW JOBS RETAINED JOBS
EDC BONDS
- - - - - -
TOTAL $ - $ - $ - $ - 0 0

Loan Fundings - Year to Date (January through March 2018) PROJECTED JOBS
504 LOANS/
TOTAL PROJECT AMOUNT BANK LOANS EQUITY AMOUNTS NEW JOBS RETAINED JOBS
EDC BONDS
$ 4,672,775 $ 1,859,560 $ 2,345,937 $ 467,278 39 148

Loan Fundings - Fiscal Year to Date (October 2017 through September 2018) PROJECTED JOBS
504 LOANS/
TOTAL PROJECT AMOUNT BANK LOANS EQUITY AMOUNTS NEW JOBS RETAINED JOBS
EDC BONDS
$ 24,584,375 $ 18,644,200 $ 4,909,237 $ 1,030,938 88 442
One Stop Shop Business Center
Small Business Impact - Current Month - March 2018
CAPITAL AMOUNT SALES INCREASE AMT. NEW FULL TIME JOBS NEW PART TIME JOBS

$4,264,000 - - -

Small Business Impact - Year to Date (January through March 2018)
CAPITAL AMOUNT SALES INCREASE AMT. NEW FULL TIME JOBS NEW PART TIME JOBS
$ 4,434,000 - 1 2

Small Business Impact - Inception (January 2016 through March 2018)
CAPITAL AMOUNT SALES INCREASE AMT. NEW FULL TIME JOBS NEW PART TIME JOBS
$ 39,556,826 $ 43,655,226 568 64
Workforce Development
Jobs Filled With Michigan Works! Assistance
TOTAL 2017 YTD 2018 JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC

7,138 1,221 615 606

Number of Employers Served: Counted Once (doesn't reflect multiple visits)
TOTAL 2017 YTD 2018 JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC

4,856 573 282 291

Number of Individuals Served: Counted Once (doesn't reflect multiple visits)
TOTAL 2017 YTD 2018 JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC

46,733 8,455 5,137 3,318

Number of Office Visits: Onsite & Offsite
TOTAL 2017 YTD 2018 JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC
218,039 36,623 19,396 17,227
Synopsis*
Emerging Sectors 2018
WHEN INVESTMENT NEW JOBS RETAINED JOBS
Current Month $ 200,000 70 0
Year to Date $ 38,300,000 381 350
Inception: 2004 $ 4,708,513,431 49,000 35,326

Traditional & Real Estate 2018
WHEN INVESTMENT NEW JOBS RETAINED JOBS
Current Month $ 5,640,000 228 30
Year to Date $ 42,306,000 371 100
Inception: 2004 $ 3,215,614,623 18,151 21,150

Finance Services 2018 PROJECTED

WHEN PROJECT AMOUNT 504 LOANS/EDC BONDS BANK LOANS EQUITY AMOUNT NEW JOBS RETAINED JOBS
Current Month $ - $ - $ - $ - 0 0
Year to Date $ 4,672,775 $ 1,859,560 $ 2,345,937 $ 467,278 39 148
Fiscal Year $ 24,584,375 $ 18,644,200 $ 4,909,237 $ 1,030,938 88 442

One Stop Shop Business Center 2018
WHEN CAPITAL AMOUNT SALES INCREASE AMOUNT NEW FULL TIME
JOBS NEW PART TIME JOBS
Current Month $ 4,264,000 - - -
Year to Date $ 4,434,000 - 1 2
Inception: 2016 $ 39,556,826 $ 43,655,226 568 64

*Due to project overlap, all figures cannot be added together across divisions