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Economic Development Outreach Yields More Than 900 Jobs, $179 Million Invested in Region During Past Year

Forward Detroit, the Detroit Regional Chamber’s economic development strategy, continues to play a key role in impacting Southeast Michigan’s long-term growth by attracting major companies to the region. Together with its economic development partners, the Chamber helped attract 13 companies from July 2016 through June 2017. The projects yielded a combined $179.25 million in capital investment and 957 jobs.

Some notable projects include:

• ArcelorMittal’s investment of $83.5 million expansion into Detroit
• Fuyao Automotive’s $66.3 million investment in a new facility in Plymouth
• VDL Steelweld’s $3 million investment in a North American headquarters in Oakland County
• Thanasi Foods’ $2.8 million investment in a Macomb Township facility

The success of these projects positively reflects the Chamber’s ongoing collaboration with 11 county partners, the city of Detroit, city of Novi, city of Southfield, Consumers Energy and DTE Energy through Destination Detroit, an initiative of Forward Detroit. Together, these partners focus on promoting the region’s assets with one unified voice to national and international companies looking to expand in the U.S. market. This work is made possible through the strategic partnerships and contributions of Forward Detroit’s investors.

Learn more about Forward Detroit’s initiatives here.