ECONOMIC

DEVELOPMENT
& COMMUNITY
AFFAIRS
JUNE 2018
IMPACT REPORT
INTERNAL ONLY
Emerging Sectors Only
Successes - Current Month - June 2018
MONTH COMPANY CITY SECTOR/PROJECT TYPE FOREIGN FIRM INVESTMENT NEW JOBS RETAINED JOBS
June Trilion Quality Systems Southfield Advanced Electronics & Control Systems $ 50,000 10 0
Arrk Engineering/IWT Farmington Hills Advanced Electronics & Control Systems $ 4,000,000 30 5
InlTech Solutions, Inc. Troy Communications & IT $ 35,000 7 0
Henry Ford Health System Bloomfield Twp. Medical Main Street $ 38,000,000 0 0
Technosoft Corp/ApexonHealth Southfield Communications & IT $ 2,000,000 200 40
TOTAL $ 44,085,000 247 45

Successes - Year To Date (January through June 2018)

SECTOR YEAR TO DATE INVESTMENT NEW JOBS RETAINED
Advanced Electronics 7 $ 37,750,000 316 235
Advanced Materials, Chemicals & Nano 1 $ 10,300,000 50 82
Aerospace
Alternative Energy 2 $ 3,600,000 132 55
Communications & IT 5 $ 7,218,000 323 153
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 4 $ 38,591,600 22 12
Robotics 2 $ 16,200,000 109 162
TOTAL 22 $ 182,659,600 1,652 2,899

Successes - Inception (2004 through June 2018)

SECTOR INCEPTION INVESTMENT NEW JOBS RETAINED
Advanced Electronics 111 $ 861,161,824 8,665 7,876
Advanced Materials, Chemicals & Nano 54 $ 319,165,550 2,677 2,303
Aerospace 9 $ 408,217,586 682 1,215
Alternative Energy 35 $ 634,460,834 3,598 2,078
Communications & IT 154 $ 813,387,197 13,757 10,648
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 65 $1,250,315,410 8,546 5,050

Robotics 21 $ 81,299,624 961 1,556
TOTAL 490 $ 4,783,873,031 49,571 35,675
Traditional Only
Successes - Current Month - June 2018
MONTH COMPANY CITY SECTOR/PROJECT TYPE FOREIGN FIRM INVESTMENT NEW JOBS RETAINED JOBS
June Superb Fabricating LLC New Hudson Traditional $ 1,300,000 6 24
General R.V. Center, Inc. Springfield Twp. Traditional $ 10,000,000 20 70
Midwest Glass Fabricators Inc. Highland Traditional $ 4,700,000 62 125
TOTAL $ 16,000,000 88 219

Successes - Year To Date (January through June 2018)

SECTOR/PROJECT TYPE YEAR TO DATE INVESTMENT NEW JOBS RETAINED JOBS
Traditional 12 $ 33,233,260 392 503
Real Estate 4 $ 29,500,000 90 16
TOTAL 16 $ 62,733,260 482 519

Successes - Inception (2004 through June 2018)

SECTOR/PROJECT TYPE YEAR TO DATE INVESTMENT NEW JOBS RETAINED JOBS
Traditional 292 $2,645,619,843 15,948 21,510
Real Estate 43 $ 576,172,040 2,211 51
TOTAL 335 $ 3,221,791,883 18,159 21,561
Financial Services
Loan Fundings - Current Month - June 2018
504 LOANS/
FUNDING DATE TOTAL PROJECT AMOUNT BANK LOANS EQUITY AMOUNTS NEW JOBS RETAINED JOBS
EDC BONDS
6/26/2018 $ 4,125,000 $ 4,125,000 0 24
TOTAL $ 4,125,000 $ 4,125,000 $ - $ - 0 24

Loan Fundings - Year to Date (January through June 2018) PROJECTED JOBS
504 LOANS/
TOTAL PROJECT AMOUNT BANK LOANS EQUITY AMOUNTS NEW JOBS RETAINED JOBS
EDC BONDS
$ 22,119,165 $ 11,308,600 $ 8,999,794 $ 1,810,770 70 249

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
$ 27,330,765 $ 13,753,240 $ 11,563,094 $ 2,374,430 119 543
One Stop Shop Business Center
Small Business Impact - Current Month - June 2018
CAPITAL AMOUNT SALES INCREASE AMT. NEW FULL TIME JOBS NEW PART TIME JOBS

$500,000 1
-- --
$500,000 $0 1 0

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

CAPITAL AMOUNT SALES INCREASE AMT. NEW FULL TIME JOBS NEW PART TIME JOBS
$ 10,733,874 $ 1,100,000 23 6

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

CAPITAL AMOUNT SALES INCREASE AMT. NEW FULL TIME JOBS NEW PART TIME JOBS
$ 45,856,700 $ 44,755,226 590 68
Workforce Development
Jobs Filled With Michigan Works! Assistance
TOTAL 2017 YTD 2018 JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC
7,138 3,863 615 606 731 627 694 590

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
4,856 1,739 282 291 297 310 277 282

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
46,733 20,770 5,137 3,318 3,536 3,428 3,255 2,096

Number of Office Visits: Onsite & Offsite

TOTAL 2017 YTD 2018 JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC
218,039 101,508 19,396 17,227 16,382 16,678 16,788 15,037
Synopsis*
Emerging Sectors 2018
WHEN INVESTMENT NEW JOBS RETAINED JOBS
Current Month $ 44,085,000 247 45
Year to Date $ 182,659,600 1,652 2,899
Inception: 2004 $ 4,783,873,031 49,571 35,675

Traditional & Real Estate 2018

WHEN INVESTMENT NEW JOBS RETAINED JOBS
Current Month $ 16,000,000 88 219
Year to Date $ 62,733,260 482 519
Inception: 2004 $ 3,221,791,883 18,159 21,561

Financial Services 2018 PROJECTED

WHEN PROJECT AMOUNT 504 LOANS/EDC BONDS BANK LOANS EQUITY AMOUNT NEW JOBS RETAINED JOBS
Current Month $ 4,125,000 $ 4,125,000 $ - $ - 0 24
Year to Date $ 22,119,165 $ 11,308,600 $ 8,999,794 $ 1,810,770 70 249
Fiscal Year $ 27,330,765 $ 13,753,240 $ 11,563,094 $ 2,374,430 119 543

One Stop Shop Business Center 2018

WHEN CAPITAL AMOUNT SALES INCREASE AMOUNT NEW FULL TIME
JOBS NEW PART TIME JOBS
Current Month $ 500,000 $ - 1 0
Year to Date $ 10,733,874 $ 1,100,000 23 6
Inception: 2016 $ 45,856,700 $ 44,755,226 590 68

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