TRAVERSE CITY, Mich. -- Michigan Gov. Jennifer Granholm said Wednesday that she is close to reaching a deal with the Legislature that would make the state more attractive to automakers and suppliers.
State leadership is trying to hammer out an agreement on a package of incentives that range from restructuring the business tax structure to establishing a $2 billion seed fund for research into advanced automotive technologies, alternative energy and life sciences.
We want to provide an incentive for you to stay and to grow in Michigan, Granholm told the Management Briefing Seminars. And have a business tax structure that reflects that. I am hopeful that by the end of this month we will have an agreement.
Granholm said she visited Germany and Japan to sell the state as a good place for automotive manufacturers to relocate or expand.
Manufacturing is in our DNA, she told the audience. It is part of who we are. It is clear that our work ethic and our workforce are prepared to take on any aspect of the automotive industry.
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