ECONOMIC

DEVELOPMENT
& COMMUNITY
AFFAIRS
FEBRUARY 2018
IMPACT REPORT
INTERNAL ONLY
Emerging Sectors Only
Successes - Current Month - February 2018
MONTH COMPANY CITY SECTOR/PROJECT TYPE FOREIGN FIRM INVESTMENT NEW JOBS RETAINED JOBS
February WABCO Holdings Auburn Hills Advanced Electronics & Control Systems Belgium $ 19,500,000 86 176
ASK Industries SpA Orion Advanced Electronics & Control Systems $ 2,000,000 5 0
North American Interconnect Troy Medical Main Street $ - 15 8
Kratzer Automation AG Madison Heights Robotics & Automation $ 400,000 5 0
United Shore Financial Services LLC Pontiac F.I.R.E. $ 69,000,000 700 2,200
TOTAL $ 90,900,000 811 2,384

Successes - Year To Date (January through February 2018)

SECTOR YEAR TO DATE INVESTMENT NEW JOBS RETAINED
Advanced Electronics 4 $ 25,700,000 176 230
Advanced Materials, Chemicals & Nano 1 $ 10,300,000 50 82
Aerospace
Alternative Energy
Communications & IT 1 $ 1,200,000 60 30
Defense/Homeland Security
Film & Digital Media
F.I.R.E. (Finance, Insurance, Real Estate) 1 $ 69,000,000 700 2,200
Medical Main Street/Health Care 1 $ - 15 8
Robotics 1 $ 400,000 5 0
TOTAL 9 $ 106,600,000 1,006 2,550

Successes - Inception (2004 through February 2018)

SECTOR INCEPTION INVESTMENT NEW JOBS RETAINED
Advanced Electronics 108 $ 849,111,824 8,525 7,871
Advanced Materials, Chemicals & Nano 54 $ 319,165,550 2,677 2,303
Aerospace 9 $ 408,217,586 682 1,215
Alternative Energy 33 $ 630,860,834 3,466 2,023
Communications & IT 150 $ 807,369,197 13,494 10,525
Defense/Homeland Sec. 13 $ 95,850,000 1,786 528
Film & Digital Media 6 $ 92,200,000 795 91
F.I.R.E. (Finance, Insurance, Real Estate) 22 $ 227,815,006 8,104 4,330
Medical Main Street/

Health Care 62 $1,211,723,810 8,539 5,046

Robotics 20 $ 65,499,624 857 1,394
TOTAL 477 $ 4,707,813,431 48,925 35,326
Traditional Only
Successes - Current Month - February 2018
MONTH COMPANY CITY SECTOR/PROJECT TYPE FOREIGN FIRM INVESTMENT NEW JOBS RETAINED JOBS
February Bontaz Centre USA, Inc. Troy Traditional France $ 3,736,000 3 14
Landgate, Inc. Farmington Traditional $ 430,000 0 15
TS Tech Americas, Inc. Southfield Traditional $ 500,000 5 0
Johnathan Brateman Properties Inc. Southfield Real Estate $ 6,000,000 30 0
TOTAL $ 10,666,000 38 29

Successes - Year To Date (January through February 2018)

SECTOR/PROJECT TYPE YEAR TO DATE INVESTMENT NEW JOBS RETAINED JOBS
Traditional 4 $ 7,666,000 58 54
Real Estate 4 $ 29,500,000 90 16
TOTAL 8 $ 37,166,000 148 70

Successes - Inception (2004 through February 2018)

SECTOR/PROJECT TYPE YEAR TO DATE INVESTMENT NEW JOBS RETAINED JOBS
Traditional 285 $2,630,066,583 15,709 21,055
Real Estate 43 $ 576,172,040 2,211 51
TOTAL 328 $ 3,206,238,623 17,920 21,106
Finance Services
Loan Fundings - Current Month - February 2018
504 LOANS/
FUNDING DATE TOTAL PROJECT AMOUNT BANK LOANS EQUITY AMOUNTS NEW JOBS RETAINED JOBS
EDC BONDS
2/14/2018 $ 980,900 $ 382,810 $ 500,000 $ 98,090 8 8

TOTAL $ 980,900 $ 382,810 $ 500,000 $ 98,090 8 8

Loan Fundings - Year to Date (January through February 2018) PROJECTED JOBS
504 LOANS/
TOTAL PROJECT AMOUNT BANK LOANS EQUITY AMOUNTS NEW JOBS RETAINED JOBS
EDC BONDS
$ 4,672,775 $ 1,859,560 $ 2,345,937 $ 467,278 39 148

Loan Fundings - Fiscal Year to Date (October 2017 through September 2018) PROJECTED JOBS
504 LOANS/
TOTAL PROJECT AMOUNT BANK LOANS EQUITY AMOUNTS NEW JOBS RETAINED JOBS
EDC BONDS
$ 24,584,375 $ 18,644,200 $ 4,909,237 $ 1,030,938 88 442
One Stop Shop Business Center
Small Business Impact - Current Month - February 2018
CAPITAL AMOUNT SALES INCREASE AMT. NEW FULL TIME JOBS NEW PART TIME JOBS

$170,000 $0.00 1 2

Small Business Impact - Year to Date (January through February 2018)

CAPITAL AMOUNT SALES INCREASE AMT. NEW FULL TIME JOBS NEW PART TIME JOBS
$ 170,000 1 2

Small Business Impact - Inception (January 2016 through February 2018)

CAPITAL AMOUNT SALES INCREASE AMT. NEW FULL TIME JOBS NEW PART TIME JOBS
$ 35,292,826 $ 43,655,226 568 64
Workforce Development
Jobs Filled With Michigan Works! Assistance
TOTAL 2017 YTD 2018 JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC

615 606

Number of Employers Served: Counted Once (doesn't reflect multiple visits)

TOTAL 2017 YTD 2018 JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC

282 291

Number of Individuals Served: Counted Once (doesn't reflect multiple visits)

TOTAL 2017 YTD 2018 JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC

5,137 3,318

Number of Office Visits: Onsite & Offsite

TOTAL 2017 YTD 2018 JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC
19,396 17,227
Synopsis*
Emerging Sectors 2018
WHEN INVESTMENT NEW JOBS RETAINED JOBS
Current Month $ 90,900,000 811 2,384
Year to Date $ 106,600,000 1,006 2,550
Inception: 2004 $ 4,707,813,431 48,925 35,326

Traditional & Real Estate 2018

WHEN INVESTMENT NEW JOBS RETAINED JOBS
Current Month $ 10,666,000 38 29
Year to Date $ 37,166,000 148 70
Inception: 2004 $ 3,206,238,623 17,920 21,106

Finance Services 2018 PROJECTED

WHEN PROJECT AMOUNT 504 LOANS/EDC BONDS BANK LOANS EQUITY AMOUNT NEW JOBS RETAINED JOBS
Current Month $ 980,900 $ 382,810 $ 500,000 $ 98,090 8 8
Year to Date $ 4,672,775 $ 1,859,560 $ 2,345,937 $ 467,278 39 148
Fiscal Year $ 24,584,375 $ 18,644,200 $ 4,909,237 $ 1,030,938 88 442

One Stop Shop Business Center 2018

WHEN CAPITAL AMOUNT SALES INCREASE AMOUNT NEW FULL TIME
JOBS NEW PART TIME JOBS
Current Month $ 170,000 $ - 1 2
Year to Date $ 170,000 $ - 1 2
Inception: 2016 $ 35,292,826 $ 43,655,226 568 64

*Due to project overlap, all figures cannot be added together across divisions