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Detroit Regional Economic Partnership North American Investment 2010


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Detroit Regional North American Investment Overview 2010 Presentation

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Detroit Regional Economic Partnership North American Investment 2010

  1. 1. The Detroit Region North American Investment Opportunities 2010 Presentation for Mr. John Hancock and Premier European Defense Manufacturer January 28, 2010
  2. 2. Why the Detroit Region? STRENGTH <ul><li>Epicenter of Advanced Manufacturing/ Defense </li></ul><ul><li>Ideal geographic location </li></ul><ul><li>World-class infrastructure </li></ul><ul><li>Engineering talent and skilled workforce </li></ul><ul><li>Strong incentives from Federal/state/region </li></ul><ul><li>One of the most diverse regions in the United States, home to more than 1,300 </li></ul><ul><li>foreign companies and over 630 European </li></ul><ul><li>companies </li></ul><ul><li>Available development-ready land </li></ul>
  3. 3. STRENGTH in Advanced Manufacturing & Emerging Technologies <ul><li>Southeast Michigan has one of the highest concentration of engineers in the nation </li></ul><ul><li>Track record of success in low-cost production of high quality precision parts </li></ul><ul><li>Engineer-driven university support of University of Michigan and Wayne </li></ul><ul><li>State University </li></ul>
  4. 4. STRENGTH in Innovation <ul><li>#1 in nation for industrial R&D intensity (National Science Foundation) </li></ul><ul><li>#2 in nation for industrial R&D investment (2008, State New Economy Index) </li></ul><ul><li>Metro Detroit is home to 80% of the world’s precision manufacturing R&D </li></ul><ul><li>Michigan #6 in nation for new patents issued </li></ul><ul><li>( 3,537 in 2008) </li></ul><ul><li>Among Top 15 states for Small Business Innovation Research (SBIR) grants </li></ul>
  5. 5. STRENGTH in Location Gateway to the U.S., North America, and the World <ul><li>Largest percentage of the U.S. population is within range of overnight trucking, including Chicago, New York, Toronto, and other major cities </li></ul><ul><li>Within 500 miles of half of North America’s population </li></ul><ul><li>and income </li></ul><ul><li>$113.3 billion in trade crosses the Detroit-Windsor border each year. 70% of trade to Canada goes through Detroit. </li></ul><ul><li>6 International border crossings in SE Michigan region </li></ul><ul><li>One of the largest Foreign Trade Zones in North America </li></ul><ul><li>Strategic location to accommodate expansion of Asian air cargo routes </li></ul>
  6. 6. STRENGTH in Logistics <ul><li>Ranked one of the most “logistics friendly” and robust infrastructure regions in the United States (Expansion Management Online) </li></ul><ul><li>3rd leading gateway when compared with all U.S. freight gateways – land, air and sea </li></ul><ul><li>Vastly developed highway and freeway system. Highways are toll-free and built and maintained to withstand industrial use </li></ul><ul><li>$6 billion in State funds earmarked for road infrastructure over the next 5 years (MDOT) </li></ul><ul><li>Navigational connection to the Atlantic via the St. Lawrence Seaway with top ocean ports in Halifax </li></ul><ul><li>and Montreal through 2011 EU/Canada trade agreement </li></ul>World Class Infrastructure
  7. 7. STRENGTH in Air Transport World Class, Dual Airport System Willow Run Airport (YIP)  #1 On demand cargo airport in the U.S.  24 Hour customs and control tower service  5 runways: all-weather & cross-wind runways  Available Land and Hanger Space  Substantial air traffic and growth capacity  Corporate, charter and general aviation hub Detroit Metropolitan Airport (DTW) <ul><li>2 state-of-the-art terminals </li></ul><ul><li>Expedited customs clearance/Foreign Trade Zone </li></ul><ul><li>> 36 million passengers annually </li></ul><ul><li>97 gate McNamara Terminal (year 2002) </li></ul><ul><li>26 gate North Terminal (year 2008) </li></ul><ul><li>Many opportunities to display products </li></ul>
  8. 8. STRENGTH in Air Transport World Class Passenger Service Detroit Metro (DTW) Passenger Terminals & Service <ul><li>Ranked #2 in Customer Satisfaction by J.D. Power & Associates (2007) </li></ul><ul><li>17 Airlines, non-stop flights to 160 total destinations </li></ul><ul><li>Direct international service to Frankfurt, Düsseldorf, Amsterdam, Paris, London Gatwick, London Heathrow, Beijing, Shanghai, Nagoya, Osaka, Tokyo, Amman and over 20 destinations in Canada, Mexico, and the Caribbean </li></ul><ul><li>NWA-Delta merger -> Largest global airline in the world with expanded international service across the pacific and transatlantic routes </li></ul>
  9. 9. STRENGTH in Rail Transport U.S. Canada Served by four major rail lines and seven railroad companies
  10. 10. STRENGTH in Internationally Recognized Universities College/University – City (Distance to DTW)
  11. 11. STRENGTH in Workforce <ul><li>Nation’s 4 TH Largest High-Tech Workforce (568,168 workers) </li></ul><ul><li>Center for Automotive Research (2002) </li></ul><ul><li>#4 State for Engineering Graduates (6,523 in 2006) </li></ul><ul><li>American Association of Engineering Societies </li></ul><ul><li>#7 in U.S. Education Level of the Manufacturing Workforce </li></ul><ul><li>Weighted index: U.S. average 1.00; Michigan 1.52; 2002 State New Economy Index </li></ul><ul><li>U-M Business School Ranked Nation’s Best by Recruiters </li></ul><ul><li>Wall Street Journal /Harris Interactive (2006); U-M #1 in national ranking, MSU #5 in regional ranking </li></ul>
  12. 12. STRENGTH in Workforce Michigan leads the Midwest in Engineering Talent Engineering occupations included: aerospace, defense, agricultural, biomedical, chemical, civil, computer hardware, electrical, electronics, environmental, health and safety, industrial, marine, materials, mechanical, mining and geological, nuclear, petroleum, and other. Michigan enjoys the highest inflow of annual top-tier university bachelors and graduate students in the country
  13. 13. STRENGTH in Workforce Michigan’s population of highly skilled workers consistently ranks above the national average . Source: U.S. Dept. of Labor, Occupational Information Network, Job Zone Analysis.
  14. 14. STRENGTH in Quality of Life A Place to Live, Work and Play <ul><li>The Detroit Region is, by far, one </li></ul><ul><li>of the most diverse counties in </li></ul><ul><li>the United States </li></ul><ul><li>Many of our communities offer English as Second Language </li></ul><ul><li>Home to world class dining, sports,entertainment, gaming, museums and shopping </li></ul>
  15. 15. STRENGTH in Incentives With the right investment and job creation, the Detroit Region will: <ul><li>Provide access to hundreds of acres of shovel-ready land at a nominal price </li></ul><ul><li>Provide site evaluation and selection assistance </li></ul><ul><li>Create the most aggressive incentive package at all levels of government in the State of Michigan </li></ul><ul><li>Provide cash grants </li></ul><ul><li>Assist your company with expedited customs review, visas, and special accommodations for travel for your company’s employees and visitors </li></ul><ul><li>Assist your company with establishing a Foreign Trade Zone </li></ul><ul><li>Expedited permitting and seamless coordination among all levels of government </li></ul><ul><li>Introduce your company to the region’s labor leaders and work to address any workforce concerns your company may have </li></ul>
  16. 16. STRENGTH in helping your company make a Soft Landing <ul><li>The Detroit Regional Economic Partnership is your facilitator and gateway to the Detroit Region’s global service providers and public sector partners </li></ul><ul><li>We have deep expertise in assisting European companies as they launch their North American operations </li></ul><ul><li>We play an unbiased, neutral role in your site selection process as you review your site selection options </li></ul><ul><li>Our strong partnerships with Federal, State and local public sector entities offer harmonized processes to expedite your launch </li></ul><ul><li>The Detroit Regional Chamber with its 20,000 corporate members is a strong advocacy voice for our global business community </li></ul>Blaire H. Miller – Interim SVP, Economic Development Tel: US 313.596.0436 E-mail: