Organized by the U.S. Department of Commerce, the first-ever National Aerospace Foreign Direct Investment Exposition was an opportunity for states across the country to showcase their growing aerospace industries to international companies.
Department Deputy Director Vicky Rad and I attended the expo in Los Angeles on behalf of Macomb County. Prior to the event, we had been able to secure meetings with companies from Australia, Canada, Germany and Mexico looking to expand or establish a presence in the United States. Once we arrived, we were able to meet with U.S. Commercial Service and Trade & Investment representatives from Switzerland, China, Italy and the United Kingdom.
During each of these meetings, and in conversations with companies throughout the conference, we had the opportunity to enlighten and inform attendees about Michigan’s economic comeback. Moreover, we were able to demonstrate that Michigan is more than automotive – a recent PriceWaterhouseCoopers report named Michigan No. 2 in the nation for aerospace manufacturing competitiveness, and it doesn’t stop there. Jobs in Michigan related to aerospace have grown 35 percent since 2009, and one third of the top 100 global aerospace companies are now present in the greater Detroit region.
Macomb County in particular has seen impressive growth in this industry, with companies such as KUKA Systems North America and Global Tooling Systems recently investing a combined $15 million and creating nearly 200 local jobs. Macomb County’s aerospace industry has grown 52 percent over the last decade, outpacing both the state at 46.6 percent and the nation at 2.6 percent.
We have a great story to tell at Macomb County, and it’s only getting better. As we continue to travel the country (and world!) to promote our county’s assets, we have the opportunity to change perceptions about our region’s competitiveness, growth and future potential.
Alyssa Tracey is a senior economic development specialist for the Macomb County Department of Planning & Economic Development.