mark kinsler vp, international business development michigan economic development corporation
DESCRIPTION
Foreign Direct Investment & Exports. Mark Kinsler VP, International Business Development Michigan Economic Development Corporation. Site Selection Survey Results 2012. Business Location Decision Factors - The Top 10. 2011 2010. - PowerPoint PPT PresentationTRANSCRIPT
![Page 1: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/1.jpg)
Mark Kinsler
VP, International Business Development
Michigan Economic Development Corporation
Foreign Direct Investment & Exports
![Page 2: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/2.jpg)
Site Selection Survey Results 2012
![Page 3: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/3.jpg)
Business Location Decision Factors - The Top 10
Source: 26th Annual Corporate Survey. Area Development MagazineSource: 26th Annual Corporate Survey. Area Development Magazine
2011 2010
![Page 4: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/4.jpg)
![Page 5: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/5.jpg)
Alabama Michigan Missouri Pennsylvania0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
Industrial Engineers
Mechanical Engineers
Engineers, All Other
Electrical Engineers
Materials Engineers
Source: US Dept. of Labor, Bureau of Labor Statistics. Occupational Employment Statistics Program, May 2009 Estimates..
Michigan has more than 87,000 Engineers for the Auto Industry
![Page 6: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/6.jpg)
![Page 7: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/7.jpg)
Tax Cut80%for
Businesses
Best in the Midwest!
Corporate tax rank #7 from #49
3rd best among the nation’s 12 largest
states
Everyone in Michigan wins…
![Page 8: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/8.jpg)
12 Auto Assemblies 2,000 Auto Suppliers
![Page 9: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/9.jpg)
• Local and State Tax Abatements
• Infrastructure Grants
• Recruitment and Training Assistance
• Land and Facilities
• Job Creation Grants
Incentive Programs
![Page 10: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/10.jpg)
The Comeback Started in 2010
• Michigan leads skilled labor growth in 2010 with additional 57K manufacturing jobs
• Michigan added 220,000 jobs in last three years
• By 2012, Michigan accelerated to 4th in corporate expansions & building projects
• In 2013, Michigan was ranked 8th most competitive state for job creation and economic development
• #3 for high-tech job growth
![Page 11: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/11.jpg)
Detroit - The Great Value Play• Detroit is #9 on Brooking Institute’s list of nations’ “best
recoveries” after Great Recession
• $10 billion invested over past five years in commercial, industrial and residential properties
• Bankruptcy opens the door to restructure
• Restructuring removes the last obstacle to Detroit’s return to greatness
![Page 12: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/12.jpg)
Sales Up for Michigan Automakers
• July sales up 14%; best in seven years
• Increased year-to-year sales for all domestic automakers
• Double-digit sales gains including:
– General Motors: Sales up 16%
– Ford: Sales up 11%
– Chrysler: Sales up 11%
![Page 13: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/13.jpg)
Big 3 Production in Perspective
![Page 14: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/14.jpg)
Top Ranking Origin Countries (Jobs)
![Page 15: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/15.jpg)
Top Ranking Destination States (Jobs)
![Page 16: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/16.jpg)
Top 10 FDI Countries in Michigan1. Germany2. Japan3. France4. United Kingdom5. Canada6. South Korea7. Netherlands8. China9. Switzerland10. Italy
![Page 17: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/17.jpg)
FY13 Foreign Direct Investment Successes
40 projects
Over $541 million in investment
4,173 new jobs
19 industries
From 10 countries
![Page 18: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/18.jpg)
MEDC & Partners: 2011-12 Project Successes
![Page 19: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/19.jpg)
FY14 Goals
Successes so far
10% Increase from last
year
$595,100,000 in
investments
4,590 new jobs
730 jobs$36 million
in investment
7 projects
7 project commitments
$101 mill. in investment,
797 jobs
![Page 20: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/20.jpg)
Business Attraction Event Schedule
![Page 21: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/21.jpg)
![Page 22: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/22.jpg)
Michigan International Offices
![Page 23: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/23.jpg)
Top Michigan Export Products
![Page 24: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/24.jpg)
Top Michigan Export Markets(2012)
Canada; $25.4
Mexico; $10.5
China; $3.2
Germany; $2.0
Saudi Arabia; $1.8Japan; $1.4
South Korea; $1.0
Australia; $0.9
United Arab Emirates; $0.8
Belgium; $0.7 Other; $9.2 Billions
![Page 25: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/25.jpg)
MEDC Export Sales History
![Page 26: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/26.jpg)
FY2013 Export Successes
![Page 27: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/27.jpg)
2013 International Trade Shows
![Page 28: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/28.jpg)
2014 International Trade Shows
![Page 29: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/29.jpg)
Trends Impacting Future Michigan FDI & Export
![Page 30: Mark Kinsler VP, International Business Development Michigan Economic Development Corporation](https://reader030.vdocuments.us/reader030/viewer/2022020106/56816856550346895dde72f7/html5/thumbnails/30.jpg)
Questions?
michiganbusiness.org