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Granholm: Investments Spurred by Economic Plan Foster Hope for Michigan's Future

March 30, 2007

LANSING - In her weekly radio address, Governor Jennifer M. Granholm today underscored some signs of hope for Michigan's future, including recent job-creating investments.

"In this season of renewal and hope, Michigan continues to grapple with tough economic times," Granholm said.  "But we're pushing forward with our comprehensive economic plan every day, and we are beginning to see results."

Granholm noted that in March alone, companies prepared to invest over half a billion dollars in Michigan, creating and retaining nearly 15,000 jobs.  Companies choosing to invest and grow in Michigan include Netlink Software Group, a start-up pharmaceutical business called Lycera Corporation, and the Hybrid Development Center, which is a joint venture between GM, Daimler Chrysler, and BMW.

Governor Granholm emphasized that it is critically important to adapt and adjust Michigan's economic development strategies to stay competitive in the global marketplace.

"When we succeed in attracting cutting-edge industries - technology companies, life sciences businesses, and alternative energy ventures - we are once again leading the nation and the world," said Granholm.

Granholm noted that Michigan is ranked fourth in industry and research development in a survey conducted by the Information Technology and Innovation Foundation.  The study also ranked Michigan among the top ten states in foreign investments.

"With spring in the air and opening day right around the corner, we have plenty to be hopeful about in Michigan's future.  This spring, let's be believers in the Tigers and in our great state," Granholm said.

The governor's weekly radio address is released each Friday morning and may be heard on broadcast stations across the state through an affiliation with the Michigan Association of Broadcasters.  The address will also be available on the Governor's Website on Mondays as a podcast for general distribution to personal MP3 players and home computers.

Broadcasters Note:  Governor Granholm's radio address can be accessed through Sunday evening exclusively through the Members Only page of the Michigan Association of Broadcasters Website. 

Publishers Note:  The text of today's address is attached.

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