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General Session:. Conversation with the Governor Live on WWJ Newsradio 950. Session Sponsor. The Honorable:. Jennifer M. Granholm. Governor State of Michigan. Michigan’s Economic Challenge. Michigan Manufacturing Employment. Since June 2000: 333,200 Jobs Lost; 36% Decline. 1,000.
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General Session: Conversation with the Governor Live on WWJ Newsradio 950 Session Sponsor

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The Honorable: Jennifer M. Granholm Governor State of Michigan

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Michigan\'s Economic Challenge Michigan Manufacturing Employment Since June 2000: 333,200 Jobs Lost; 36% Decline 1,000 June 2000 913,700 900 800 Monthly Employment (1000s) Jan 1992 771,800 700 600 Mar 2008 580,500 500 1990 1994 1998 2002 2006 Source: Michigan Department of Labor and Economic Growth Non-regularly balanced information

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Michigan\'s Economic Challenge Big 3 Market Share US Sales of Cars and Light Trucks 80% 70% 69% 70% 63% 59% 60% half 45% March 2008 40% 1990 1995 2000 2005 Sources: Automotive News, Detroit Free Press

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Next Steps For Progress That Unites Us Create a Skilled, Educated Workforce Diversify Our Economy to Create Jobs Lower the Cost of Government

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1. Instruction and Training for All Cherry Commission - Strategic Plan to Double College Grads All High School Students Must Now Meet Tough High School Graduation Requirements (Rated in Top 3 in US) All High School Students Take College Entrance Exam All High School Students Have Access to a $4,000 Michigan Promise Scholarship More MI Students Going to College Than Ever Before No Worker Left Behind Overhauled work preparing to address business issues Goal – Train 100,000 specialists for employments sought after

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Next Step for Creating a Skilled, Educated Workforce Replace Large High Schools that Fail with Small High Schools that Work Small, thorough, applicable, connections School gets ready children for occupations Site-based administration, work administration participation Already 6 in Michigan 21st Century School Fund could make 100 all the more No new assessment dollars

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2. Financial Diversification: New Tools to Attract, Grow Jobs 21st Century Jobs Fund $2 Billion, Most Aggressive in Country New Tax Incentive Tools MEGA extended to be more adaptable and cover more organizations Alternative Energy and Agricultural Renaissance Zones Anchor Company Tax Credits

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2. Financial Diversification: New Tools to Attract, Grow Jobs Venture Capital and Private Equity Programs Venture Michigan Fund - $95 M 21st Century Investment Fund - $109 M Angel Investor Tax Incentive Invest Michigan Fund - $300 M Overseas Investment Missions 37 organizations & 9,000 employments

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Hemlock Semiconductor, 1,152 occupations , $1.1 billion put resources into Thomas Twp United Solar Ovonic, 563 occupations, $120 million put resources into Greenville Adaptive Materials, 187 employments, $2.8 million put resources into Pittsfield Twp Compact Power, 298 employments, $18 million put resources into Troy Ricardo, 48 employments, $2 million put resources into Van Buren Twp Sakti3, 230 occupations, $1 million put resources into Ann Arbor Thunder Bay Development, 368 occupations, $15 million put resources into Alpena Dowding Machining, 358 employments, $7 million put resources into Eaton Rapids Danotek Motion Technologies, 313 employments, $7.8 million put resources into Pittsfield Twp Cobasys, 122 employments , $1.5 million put resources into Orion Twp Hybrid Development Center, 437 employments, $344 million put resources into Troy Marysville Ethanol plant, 35 occupations, $95 million put resources into Marysville US Bio Energy Ethanol plant, 37 occupations, $57 million put resources into Woodland Twp Andersons Ethanol plant, 55 occupations, $95 million put resources into Sheridan Twp Great Lakes Ethanol, 62 employments $94 million put resources into Riga Michigan Ethanol, LLC, 41 occupations, $52 million put resources into Caro Dow Chemical (Building Integrated Photovoltaic), 22 occupations, $50 million put resources into Midland Tesla Motors, 76 employments, $48 million put resources into Rochester Hills Edgewater Automation, 97 occupations, $1 million in St Joseph Tellurex Corporation, 20 occupations, $1.7 million put resources into Traverse City Integrated Sensing Systems, 738 occupations, $1 million put resources into Ypsilanti Alternative Energy

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MPI Research, 6,600 occupations, $330 million put resources into Kalamazoo Xoran Technologies, 386 employments, $3.7 million put resources into Ann Arbor Cayman Chemical Company, 525 occupations, $9.7 million put resources into Pittsfield Twp Caraco Pharmaceutical Laboratories, 1,648 employments, $15 million put resources into Detroit HandyLab, 138 occupations, $3 million put resources into Pittsfield Twp Emergent BioSolutions, 952 occupations, $73 million put resources into Lansing Pureflex, 366 employments, $7.3 million put resources into Kentwood The Tech Group, 164 employments, $13 million put resources into Walker Stryker, 165 occupations, $20 million put resources into Kalamazoo NSF, 100 occupations, $23 million put resources into Ann Arbor Twp Kalexsyn, 54 occupations, $4.5 million put resources into Kalamazoo AAPharmaSyn, 20 employments, $2.4 million put resources into Ann Arbor Avidimer Therapeutics, 13 occupations, $5.4 million put resources into Ann Arbor Biodiscovery, 10 occupations, $2 million put resources into Ann Arbor Compendia Bioscience, 64 occupations, $1.9 million put resources into Novi Genetics Squared, 10 employments, $1.6 million put resources into Ann Arbor Meditrina Pharmaceuticals, 18 employments, $3.8 million put resources into Ann Arbor NanoBio Corporation, 15 employments, $15 million put resources into Ann Arbor ProNAi Therapeutics, 20 employments, $12.5 million put resources into Kalamazoo Solidica, 20 occupations, $2.5 million put resources into Ann Arbor Lycera, 34 occupations, $700,000 put resources into Ann Arbor Accuri Instruments, 4 occupations, $10 million put resources into Ann Arbor Afid Therapeutics, 8 occupations, $1.7 million put resources into Lansing IA/Three Fold Sensors, 6 employments, $2.6 million put resources into Ann Arbor Molecular Imaging Research, 6 occupations, $1.2 million put resources into Ann Arbor Life Sciences

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Chrysler, over $1 billion put resources into different areas Ford Motor Company, over $1 billion put resources into different areas General Motors, over $1 billion put resources into different areas Global Engine Alliance, 1,978 employments, $375 million put resources into Dundee American Mitsuba, 90 occupations, $11 million put resources into Brighton Dow Corning, 164 occupations, $22 million put resources into Williams Twp Mitsubishi Heavy Industries, 115 occupations, $7.5 million put resources into Sterling Heights Infineon Technologies, 73 occupations, $5 million put resources into Livonia Assay Designs, 238 employments, $18 million put resources into Pittsfield Twp Toyota Technical Center, 677 occupations, $150 million put resources into York Twp Hyundai America Tech Center, 1,765 occupations, $94 million put resources into Superior Twp AVL Powertrain Engineering, 157 employments, $4.9 million put resources into Plymouth Twp Gestamp US HardTech, 348 employments, $74 million put resources into Mason Visteon Regional Assembly, 353 employments, $35 million put resources into Highland Park BASF Corporation, 648 occupations, $150 million put resources into Wyandotte Siemens VDO, 2,851 occupations, $50 million put resources into Auburn Hills Siemens Water Technologies, 127 employments, $3 million put resources into Holland Twp FEV Engine Technology, 178 occupations, $4.3 million put resources into Auburn Hills IAV Automotive Engineering, 198 employments, $18 million put resources into Ann Arbor Hitachi Automotive Products, 205 employments, $16 million put resources into Farmington Hills LMS North America, 106 employments, $600,000 put resources into Troy Karl Schmidt Unisia, 353 employments, $11 million put resources into Auburn Hills Aernnova Engineering US, 1,206 employments, $10 million put resources into Pittsfield Twp Dearborn Group, 145 employments, $1.1 million put resources into Farmington Hills Behr-Hella Thermocontrol, 159 occupations, $7.9 million put resources into Wixom Advanced Manufacturing

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Smiths Aerospace, 214 occupations, $5.4 million put resources into Cascade Twp Sensicore, 338 employments, $4.7 million put resources into Ann Arbor General Dynamics Land Systems, 1,649 occupations, $17 million put resources into Sterling Heights Ceradyne, 69 occupations, $2.7 million put resources into Wixom American Systems Technology, 176 employments, $3.7 million put resources into Troy Second Chance Armor, 160 employments, $1 million put resources into Central Lake Twp BAE Systems, 1,019 employments, $58 million put resources into Sterling Heights Patriot Antenna, 56 occupations, $3.5 million put resources into Albion Veridian, 366 employments, $39 million put resources into Ypsilanti Evigia Systems, 9 employments, $9 million put resources into Ann Arbor Burtek, 30 occupations, $1.8 million put resources into Chesterfield Twp Ace Electronics, 60 employments, $1.2 million in Troy Advanced Photonix, 105 employments, $2.2 million put resources into Ann Arbor Solidica, 5 occupations, $2.5 million put resources into Ann Arbor Spartan Chassis, 1,056 employments, $7.3 million put resources into Charlotte Lapeer Industries, 36 employments, $2.3 million put resources into Lapeer Demmer, 300 employments, $12 million put resources into Lansing Parker Hannifin, 100 employments, $3 million put resources into Richland/Otsego Homeland Security

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Overseas Investment Missions Karmann USA Inc., 251 occupations, $22 million contributed from Germany Eberspacher Group, 40 employments, $10 million contributed from Germany Robert Bosch Co., 475 employments, $66 million contributed from Germany Facton Incorporated, 93 occupations, $1 million contributed from Germany Kostal of America Inc., 203 occupations, $14 million contributed from Germany MBTech Autodie, LLC, 422 employments, $5 million contributed from Germany MS Automotive LLC, 106 occupations , $23 million contributed from Germany EDAG, 140 employments, $9.5 million contributed from Germany FT Techno of America LLC, 56 employments, $30 million contributed from Japan Denso, 250 employments, $36 million contributed from Japan Tokai Rika, 230 occupations, $50 million contributed from Japan Stanley Company Inc., 720 occupations, $32 million contributed from Japan Hitachi Automotive, 100 employments, $16 million contributed from Japan Nippon Piston Ring, 40 occupations, $13 million contributed from Japan A&D Incorporated, 100 occupations, $20 million contributed from Japan Hi-Lex, 208 employments, $68 million contributed from Japan Konica Minolta Holdings, 262 occupations, $35 million contributed from Japan SECO Tools, 25 occupations, $19 million from Sweden Atlas Copco, 30 employments from Sweden

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Economic Diversification: New Tools to Attract, Grow Jobs Rebranding Our State – Travel, Business Ads $60 Million Investment, Biggest Ever Film Incentives Most Aggressive in Country

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Next Step for Diversifying Our Economy to Create Jobs Pass Comprehensive Energy Reform Energy administrative change Renewable portfolio standard Energy productivity standard Create another vitality segment of Michigan\'s economy Cre

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