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