The Macomb County Department of Planning & Economic Development released its economic impact report for the first half of 2011 this week.
Of the department’s many client companies, 11 made investments in real and personal property totaling more than $55.1 million between Jan. 1 and June 30 of this year. These investments helped to preserve 1,167 Michigan jobs and create an additional 639 new positions.
“These are very impressive job and investment numbers that show our economy is turning the corner,” said Macomb County Executive Mark A. Hackel. “I am pleased that 11 companies have chosen to invest in Macomb County to retain and create high quality jobs for our citizens. I commend our planning and economic development specialists for their hard work and responsiveness to our corporate community.”
Included on the list is a $24.2 million investment made by Faurecia, a global automotive solutions company headquartered in France. The investment in its Fraser, Michigan plant will install new machinery and equipment helping to retain 439 jobs while creating 428 more.
“The manufacturing industry, especially as related to today’s advanced processes, is alive and well in Macomb County,” says Stephen Cassin, director of the department.