Focus on growing markets for Michigan-made goods
LANSING, Mich. – Gov. Rick Snyder is leading an investment mission to Japan and Germany focusing on strengthening trade relationships and attracting job-creating business investments and looking to expand markets for Michigan-made goods.
Snyder is meeting with government and company leaders, departing for Japan on Wednesday, Sept. 9 and returning from Germany on Thursday, Sept. 17. This will be his third mission to both countries.
“The world is increasingly interconnected and it’s important for leaders in other countries to hear about what Michigan has to offer,” Snyder said. “We’re the leader in automotive research and design, we have a strong manufacturing base and we have a talented workforce. Those qualities are attractive to businesses considering expanding in the United States, and we want them to create those jobs here.”
Snyder is meeting with Japanese auto company leaders, and visiting Michigan’s sister state, the Shiga Prefecture, and will tell the Michigan story at the Midwest U.S.- Japan Association meeting in Tokyo on Monday.
Snyder then heads to Germany and the 66th Frankfurt Auto Show, where he will meet with executives from automotive supply chain companies and European auto part suppliers and delivering the message that Michigan is the premier automotive business location in North America.
Michigan Economic Development Corporation’s Auto Sector Senior Vice President Kevin Kerrigan and representatives from local economic development agencies including the Detroit Regional Chamber and the Right Place, Inc. are also joining the trip.
The Michigan delegation also includes:
Since the governor’s first trade mission to Japan, investment in Michigan from the country includes:
Recent German investment to Michigan includes:
In addition, leaders from 11 Michigan companies are traveling to Europe next week to meet with potential partners, distributors and buyers to increase export opportunities from Michigan to Europe.
“Our innovative technologies in manufacturing, computers and electronics, alternative energy, homeland security and agriculture have global appeal and we welcome the opportunity to explore smart trade partnerships,” Snyder said. “Diverse industries and ease of entry into other European Union countries provide an excellent opportunity for Michigan companies to increase their exports.”
The first trip, taking place in Mannheim, Germany Sept. 13-19, will include eight companies. The second trip, taking place in London, Sept. 20-24 will include six companies, three of which are also taking part in the Germany mission.
Companies participating in both missions:
Companies participating in the Germany mission:
Companies participating in the United Kingdom mission:
MEDC’s International Trade Office has facilitated $242.7 million in export sales for Michigan companies this year, up from $229.7 million the prior year. The office assisted state companies with 23 new market entries into the U.K. and 21 into Germany.
MEDC was recently awarded $750,000 in State Trade and Export Promotion funds from the U.S. Small Business Administration. The program helps companies with export-related activities, ranging from market research to trade missions. MEDC has approved 436 STEP grants to assist Michigan companies this year, with 229 companies entering 86 new global markets.
Other missions led by Snyder or Lt. Gov. Brian Calley have included China, South Korea, Canada, Italy, the Netherlands, Brazil, Mexico, Israel, Chile, and Columbia.