February 2020
Got Good News?
Share your company’s news with
MMA and see it published here,
through our social media channels
or on mimfg.org . Send your
photos, press releases and good
news to MMA’s Brett Gerrish
at [email protected].
Ford to Invest
$1.45B and 3,000
Jobs into Michigan
Ford Motor Company closed
out 2019 with the announcement
of a $1.45 billion investment across
two southeast Michigan facilities
and an additional 3,000 new jobs
to support the company’s growing
expansion into electric and
autonomous vehicles.
According to a company
statement, Ford is investing
approximately $750 million and
adding 2,700 new direct jobs at its
manufacturing facility in Wayne
during the next three years. They
are also adding 300 jobs and
investing about $700 million into
their Dearborn location to support
production of new electrified
variants of its F-150 truck.
“At Ford, we are investing
aggressively in building on our
strengths today — including
trucks and SUVs — while at
the same time expanding our
leadership into electric and
autonomous vehicles,” said Joe
Hinrichs, Ford’s president,
Automotive. “As America’s No. 1
producer of automobiles, we are
proud of our commitment to
invest in manufacturing here
in Michigan.”
Jump-Start Your Global
Development Plans
The Michigan Economic
Development Corporation will be
hosting ExporTech programs in
Lansing over the next three months.
ExporTech is a structured export
strategy development process
that helps companies accelerate
growth in global markets and
includes three full-day workshops.
Register for the export training
program in your area today.
• ExporTech
Lansing on 2/21/20, 3/20/20
and 4/24/20; more info:
[email protected]
Why Attend:
Training and individualized
mentoring is provided from a wide
range of experts on export financing,
payment risk, compliance, sales
and distribution, country selection
and more. Teams of students are
assigned to each company to
assist in market research.
Program Highlights:
• Only national program that
results in a customized export
growth plan for each company
• Designed for manufacturing and
technology executives responsible
for international growth
• Intensive, structured process
with workshops, planning
tools, and individual coaching
• Connect to a wide range of
local and national resources
MiMfg Magazine
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Discounts Available:
MI-STEP grants are available
for qualified companies to cover 50
percent of the fee, lowering out-
of-pocket cost to $600. Learn more
at www.michiganbusiness.org/
services/international-trade/.
Financial Support for
Small Manufacturers
Looking to Expand
Overseas
Looking to jump-start or
expand your foreign sales? The
Export-Import Bank of the United
States (EXIM) empowers U.S.
companies to win international
sales that otherwise would go to
foreign competitors. As the official
export credit agency of the United
States, EXIM provides financial
support to ensure a level playing
field for U.S. exporters competing
in the intense global marketplace.
Whether a small business
needs working capital to fulfill
sales orders, protection against
buyer nonpayment, or the ability
to extend credit to buyers, EXIM
has a solution and they provide
support in more than 180
countries. Their services include:
• Nonpayment Protection
• Credit Extension
• Working Capital
• Term Financing
Contact EXIM’s Jan Blaho,
at [email protected] or 312-
353-8072, to get started on your
your EXIM application. Learn
more at www.exim.gov.
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Your Support is Critical
Contributing to the MMA-PAC is an investment in
Michigan’s future and one of the most affordable
and effective ways to support pro-manufacturing
legislators and candidates.
Donate at mimfg.org or contact Brianna Mills at
517-487-8523 or [email protected].
“Our ability to support pro-manufacturing
candidates is imperative as anti-
manufacturing voices are working
strategically against our industry.”
— Patrick Curry, MMA-PAC Chair
and President of Fullerton Tool
MMA-PAC can accept personal contributions or contributions from sole-proprietorships, partnerships or limited liability companies (LLCs). State Law prohibits acceptance of corporate checks.