GRANHOLM - Governor's Investment Mission Postponed


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Governor's Investment Mission Postponed

Contact: Liz Boyd 517-335-6397

April 30, 2008

LANSING - Governor Jennifer M. Granholm's office today announced that her investment mission to Israel and Kuwait - where she was scheduled to meet with representatives from 50 companies interested in doing business in Michigan - has been postponed.

The mission was postponed due to a medical situation that arose in the past two days that the governor's physician recommended be treated immediately.

The governor underwent successful, emergency surgery last evening to treat a bowel obstruction that is believed to be a complication from injuries sustained in an automobile accident in 1993. Physicians indicate that her prognosis is good, and she is resting comfortably. Information on the governor's condition will be released as it becomes available.

The investment mission was to be the governor's sixth overseas investment mission since 2004. Granholm's previous investment missions to Germany, Austria, Japan, and Sweden resulted in 37 companies announcing over $818 million in new investment and more than 9,000 jobs created and retained.

The focus of this investment mission was on job creation opportunities with companies in the high-tech automotive, alternative energy, and environmental technology industries. Israel is a world leader in homeland security and water preservation technology development. Kuwait is home to Dow Chemical's joint venture EQUATE, a plastics and chemical producer.

The investment mission will be rescheduled for a later time.

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