LANSING, Mich. – Governor Gretchen Whitmer is on a mission to solidify Michigan’s position on the global economic stage. During a recent investment tour in Europe, she engaged with international companies at Eurosatory, emphasizing Michigan’s commitment to fostering economic growth and job creation. These efforts highlight how international partnerships can drive investment and boost local economies, creating a ripple effect across communities.
“Michigan is working with anyone and competing with everyone to grow our economy and bring good-paying jobs home from overseas,” said Gov. Whitmer. “At Eurosatory, I was proud to meet with leaders from companies that are choosing to invest and grow in Michigan, creating hundreds of good-paying jobs and strengthening our leadership in defense, aerospace, and advanced manufacturing. Across the globe, we’re telling Michigan’s story and showing the world that Michigan is the best place to build, grow, and innovate. Let’s keep working together to build on our economic momentum and help more families and businesses ‘make it’ in Michigan.”
Key Investments in Michigan
Saab, Inc. is nearing the completion of its $75 million munitions production facility in Grayling. Announced in October 2024, this facility is set to bring 70 new jobs to the area and enhance domestic manufacturing and defense capabilities. The project benefits from a $3.5 million Michigan Business Development Program (MBDP) grant and a tax exemption valued at up to $664,500. Read more about Saab’s development here.
American Rheinmetall Michigan, a significant player in U.S. military modernization, is set to expand its operations with a $31.7 million investment in Auburn Hills. This development will create 450 new jobs and includes the establishment of a new headquarters and engineering facility. The expansion is supported by a $7.52 million MBDP grant. Learn more about American Rheinmetall’s plans.
RENK Group is planning a significant expansion in Michigan, with a $70 million investment in capital and $100 million in research and development by 2030. This initiative will create approximately 300 jobs and enhance the capabilities of its existing facilities in Muskegon, Sterling Heights, and Roseville. The expansion is expected to bolster U.S. Army mobility systems and support Michigan’s manufacturing expertise. Details on RENK Group’s investment can be found here.
Following these engagements, Gov. Whitmer and Team Michigan will continue their mission in Luxembourg and Belgium, aiming to attract further investments by engaging with business and governmental leaders.
This mission is supported by the Michigan Economic Development Corporation (MEDC) and the Michigan Economic Development Foundation, both committed to promoting economic growth and job creation in the state.
About Michigan Economic Development Corporation (MEDC)
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