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ECONOMIC

DEVELOPMENT
& COMMUNITY
AFFAIRS
JANUARY 2018
IMPACT REPORT
INTERNAL ONLY
Emerging Sectors Only
Successes - Current Month - January 2018
MONTH COMPANY CITY SECTOR/PROJECT TYPE FOREIGN FIRM INVESTMENT NEW JOBS RETAINED JOBS
January HWASEUNG R&A Troy Advanced Electronics & Control Systems Korea $ 2,200,000 60 4
Fisher Unitech, LLC Troy Advanced Electronics & Control Systems $ 2,000,000 25 50
Orotex Corporation Novi Advanced Materials, Chemicals & Nano Japan $ 10,300,000 50 82
Career Now Brands Royal Oak Communications & IT $ 1,200,000 60 30
TOTAL $ 15,700,000 195 166

Successes - Year To Date (January through January 2018)


SECTOR YEAR TO DATE INVESTMENT NEW JOBS RETAINED
Advanced Electronics 2 $ 4,200,000 85 54
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) 3 $ 23,500,000 60 16
Medical Main Street/Health Care
Robotics
TOTAL 7 $ 39,200,000 255 182

Successes - Inception (2004 through January 2018)


SECTOR INCEPTION INVESTMENT NEW JOBS RETAINED
Advanced Electronics 106 $ 827,611,824 8,434 7,695
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 151 $ 811,369,197 13,644 10,925
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) 21 $ 158,815,006 7,404 2,130
Medical Main Street/

Health Care 61 $1,211,723,810 8,524 5,038


Robotics 20 $ 67,449,624 857 1,519
TOTAL 474 $ 4,623,263,431 48,269 33,467
Traditional Only
Successes - Current Month - January 2018
MONTH COMPANY CITY SECTOR/PROJECT TYPE FOREIGN FIRM INVESTMENT NEW JOBS RETAINED JOBS
January Top Golf Auburn Hills Real Estate $ 12,500,000 50 0
SLT Holdings/New Seoul Garden Southfield Real Estate $ 8,000,000 6 10
Providence Place Holdings/Midwest
Southfield Real Estate $ 3,000,000 4 6
Capital Group
Zhongli North America Inc. Troy Traditional China $ 3,000,000 50 25
TOTAL $ 26,500,000 110 41

Successes - Year To Date (January through January 2018)


SECTOR/PROJECT TYPE YEAR TO DATE INVESTMENT NEW JOBS RETAINED JOBS
Traditional 1 $ 3,000,000 50 25
Real Estate 3 $ 23,500,000 60 16
TOTAL 4 $ 26,500,000 110 41

Successes - Inception (2004 through January 2018)


SECTOR/PROJECT TYPE YEAR TO DATE INVESTMENT NEW JOBS RETAINED JOBS
Traditional 284 $2,629,636,583 15,709 21,040
Real Estate 42 $ 570,172,040 2,181 51
TOTAL 326 $ 3,199,808,623 17,890 21,091
Finance Services
Loan Fundings - Current Month - January 2018
504 LOANS/
FUNDING DATE TOTAL PROJECT AMOUNT BANK LOANS EQUITY AMOUNTS NEW JOBS RETAINED JOBS
EDC BONDS
1/17/2018 $ 902,620 $ 361,048 $ 451,310 $ 90,262 6 20
1/17/2018 $ 2,789,255 $ 1,115,702 $ 1,394,627 $ 278,926 25 120
TOTAL $ 3,691,875 $ 1,476,750 $ 1,845,937 $ 369,188 31 140

Loan Fundings - Year to Date (January through January 2018) PROJECTED JOBS
504 LOANS/
TOTAL PROJECT AMOUNT BANK LOANS EQUITY AMOUNTS NEW JOBS RETAINED JOBS
EDC BONDS
$ 3,691,875 $ 1,476,750 $ 1,845,937 $ 369,188 31 140

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
$ 23,603,475 $ 18,261,390 $ 4,409,237 $ 932,848 80 434
One Stop Shop Business Center
Small Business Impact - Current Month - January 2018
CAPITAL AMOUNT SALES INCREASE AMT. NEW FULL TIME JOBS NEW PART TIME JOBS

$0 $0.00 0 $ -

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


CAPITAL AMOUNT SALES INCREASE AMT. NEW FULL TIME JOBS NEW PART TIME JOBS
$ - $ - 0 0

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


CAPITAL AMOUNT SALES INCREASE AMT. NEW FULL TIME JOBS NEW PART TIME JOBS
$ 39,318,026 $ 52,373,647 822 66
Synopsis*
Emerging Sectors 2018
WHEN INVESTMENT NEW JOBS RETAINED JOBS
Current Month $ 15,700,000 195 166
Year to Date $ 39,200,000 255 182
Inception: 2004 $ 4,623,263,431 48,269 33,467

Traditional & Real Estate 2018


WHEN INVESTMENT NEW JOBS RETAINED JOBS
Current Month $ 26,500,000 110 41
Year to Date $ 26,500,000 110 41
Inception: 2004 $ 3,199,808,623 17,890 21,091

Finance Services 2018 PROJECTED

WHEN PROJECT AMOUNT 504 LOANS/EDC BONDS BANK LOANS EQUITY AMOUNT NEW JOBS RETAINED JOBS
Current Month $ 3,691,875 $ 1,476,750 $ 1,845,937 $ 369,188 31 140
Year to Date $ 3,691,875 $ 1,476,750 $ 1,845,937 $ 369,188 31 140
Fiscal Year $ 23,603,475 $ 18,261,390 $ 4,409,237 $ 932,848 80 434

One Stop Shop Business Center 2018


WHEN CAPITAL AMOUNT SALES INCREASE AMOUNT NEW FULL TIME
JOBS NEW PART TIME JOBS
Current Month $ - $ - 0 0
Year to Date $ - $ - 0 0
Inception: 2016 $ 39,318,026 $ 52,373,647 822 66

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

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