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Business attraction, development and innovation
Business Attraction, Development and Innovation
High Impact Business Attraction Win
With demand for power semiconductors rapidly increasing, global semiconductor wafer manufacturer SK Siltron CSS chose Michigan over competing states to expand production of much-needed silicon carbide wafers considered the future of the industry.
Business Development Project Evaluation
As part of the state's commitment to creating a more equitable and resilient economy for all, the Michigan Economic Development Corporation (MEDC) evolved its flagship business attraction and retention tool - the Michigan Business Development Program (MBDP) - to include stronger definitions around pathway jobs, reinforce a commitment to invest in geographically disadvantaged areas and reflect ongoing support for innovative industries across the state.
In Houghton, Orbion Space Technology is doing what no other high-tech aerospace company has done before: offering a rocket propulsion system at an affordable price for commercial satellite companies.