The wind energy supply chain is set to benefit from an initiative by the state of Michigan that will help companies create and retain an estimated 7,400 new jobs through expansion incentives, according to the office of Gov. Jennifer Granholm, D-Mich. In addition to 19 other project awards, the Michigan Economic Development Corp. will provide a state tax credit for start-up wind turbine manufacturer Global Wind Systems Inc. valued at approximately $7.3 million over nine years.
Global Wind Systems will invest $32.3 million to locate its first facility in Novi, Mich., and the project is expected to create 807 new Michigan jobs. Oakland County Michigan Works! will provide training assistance to support the project, and the city of Novi will partner with the Oakland County Road Commission on a future upgrade of Twelve Mile Road to support Global Wind Systems' operations.
‘We are working every day to diversify our economy and bring new jobs to Michigan,’ says Granholm. ‘These company expansionsâ�¦highlight that despite our challenged national economy, our comprehensive and aggressive economic plan and 'go anywhere, do anything' approach to bringing jobs to Michigan is having a positive impact on communities throughout the state.’
SOURCE: Office of Gov. Jennifer Granholm