MEMORANDUM. DATE: September 29, Members of the Michigan Legislature. President, Michigan Strategic Fund. FY 2017 MEGA Annual Report

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1 MEMORANDUM DATE: September 29, 2017 TO: FROM: SUBJECT: Members of the Michigan Legislature Jeff Mason President, Michigan Strategic Fund FY 2017 MEGA Annual Report Section 10 of Public Act 24 of 1995, being MCL , requires an annual report of the activities of the Michigan Economic Growth Authority (MEGA) to the Michigan Legislature. Pursuant to this requirement, attached is the Fiscal Year 2017 report. If you have any questions regarding the information in this report, please contact our Office of Legislative Affairs at Attachment cc: Ellen Jeffries, Director, Senate Fiscal Agency Mary Ann Cleary, Director, House Fiscal Agency

2 MEGA FY 2017 Report to the Michigan Legislature Narrative As required by Public Act 24 of 1995, as amended, and Public Act 122 of 1941, as amended, below are statements that address the reporting requirements for the Michigan Economic Growth Authority (MEGA) fiscal year (FY) 2017 beginning October 1, 2016 and ending September 30, With the repeal of the Michigan Business Tax (MBT) and the transfer of the MEGA to the Michigan Strategic Fund by Executive Order , there were no MEGA agreements executed in FY 2017, and with the repeal no authority exists to award new tax credits against the MBT. In the FY 2017 reporting year, there were 112 MEGA tax credit certificates issued. All MEGA Annual Certificate s and supporting documentation are reviewed for compliance prior to approval. After being reviewed, approved, and issued a tax credit certificate, the company is responsible for attaching the signed MEGA Tax Credit Certificate to its MBT filing to obtain a credit or refund, depending on its tax liability, from the Michigan Department of Treasury. As in previous years, companies were asked to include their job creation numbers even if they did not meet the MEGA requirements and did not receive a tax credit certificate. The Did Not Qualify (DNQ) notation on the MEGA Total Jobs & Investment for Each Year report that is attached signifies that the company filed a DNQ form and reported their job creation number but was ineligible for a credit certificate. This information is submitted by the company voluntarily. The amount of capital investment made by each company is reported voluntarily for the majority of MEGAs and is a statutory requirement for MEGA Retention credits. Companies that have received a standard credit and a retention credit for one project are noted in the MEGA Total Jobs & Investment for Each Year report in the same tax year. It is possible for a company to collect a Retention credit and not the Standard credit. Companies that have received both credits are reported in one year on two separate lines, showing the job creation on one line and the job retention on the next line. Although the MEGA program is a tax year program, job creation and job retention data found in the reporting is for a company s tax year, which varies among companies, rather than Michigan s fiscal year. The jobs reported for a particular year are the total jobs created and/or maintained for that tax year. Many companies receive extensions to file their MBT forms; thus Business Compliance staff may receive an Annual Certificate for a MEGA tax credit up to four years after the company s actual tax year has ended. As no new MEGAs were approved in FY 2017, this report does not contain information regarding corporation directors and officers of similar positions within limited liability companies, or fees, donations or other payments as this information was collected and reported in past annual reports for newly approved MEGAs.

3 Below is a synopsis of the program measurements: Jobs created/maintained (excludes retention jobs) in 2015: 23,502 Jobs created/maintained (excludes retention jobs) in 2016: 6,964 Required capital investment under the retention portion of the program: Capital investment in 2015: $3,831,177,854 Capital investment in 2016: $ 178,969,245 Total of all capital investment, including required retention reporting (see above) and that submitted voluntarily: Total capital investment in 2015: $4,147,798,215 Total capital investment in 2016: $ 294,022,313 NOTE: The figures above represent applications approved through 9/30/2017. The figures are updated each year based on the applications received.

4 FY2017 MEGA Total Jobs & Investment for Each Year Tax Year Status Actual Jobs Created Actual Jobs Retained Capital Investment Aerospace Advanced Integrated Tooling Solutions, LP Chesterfield Township Approved $4,973, Approved $5,107, Approved $1,060, Approved $493, Approved $1,837, Approved $1,957,895 Johnson Technology, Inc. Muskegon Did Not Qualify Approved 83 - $33,252,193 Models & Tools, Inc. Shelby Township Approved 52 - $3,263, Approved 70 - $3,388,661 Skilled Aerospace Division Traverse City Approved 16 - $3,377, Approved 26 - $1,092,180 Alt. Energy - Advanced Energy Storage A123 Systems, LLC Romulus Approved $156,155, Approved $38,190, Approved $10,028,300 ALTe Auburn Hills Approved 20 - $2,343, Approved 27 - $127,177 General Motors Subsystems Manufacturing LLC Detroit Did Not Qualify Approved $40,041, Did Not Qualify Did Not Qualify Did Not Qualify LG Chem Michigan, Inc. Holland Approved 34 - $291,525, Approved 75 - $2,058, Approved $28,453, Approved $11,613,821 Magna Electronics Holly Approved Approved Approved Approved Magna Holdings of America, Inc. Auburn Hills Approved Approved Approved Approved Approved soulbrain MI Northville Approved XALT Energy, LLC Midland Approved $57,431,398 1 of 54

5 FY2017 MEGA Total Jobs & Investment for Each Year 2013 Approved Approved Approved Approved Alt. Energy - Other Adaptive Materials, Inc. Ann Arbor Approved Approved Approved 21 - $2,092, Approved 25 - $904, Approved 25 - $940,385 Cobasys LLC Orion Township Approved Approved Approved Approved Approved Hemlock Semiconductor Corporation Hemlock Approved Approved Approved Approved Approved Approved Approved Approved Approved Approved Hemlock Semiconductor Corporation Hemlock Approved Approved Approved Approved Approved Approved Approved Approved Approved Lg Chem Power Inc. Troy Approved Approved Approved Approved Approved of 54

6 FY2017 MEGA Total Jobs & Investment for Each Year Approved 67 - $2,568, Approved Approved 78 - $4,484, Approved 79 - $2,877, Approved 80 - $1,279, Approved 82 - $932,440 Sakti3, Inc. Ann Arbor Approved 8 - $3,590, Approved 10 - $191, Approved 18 - $337, Approved 24 - $712,745 United Solar Ovonic Corporation Auburn Hills Approved Approved Approved Approved Approved Approved United Solar Ovonic, LLC Greenville Approved $209,327, Approved Approved Approved Alt. Energy - Solar Kostal Kontakt Systeme, Inc. Rochester Hills Approved Approved Approved Approved Alt. Energy - Wind Cascade Engineering, Inc. Grand Rapids Approved 19 - $645, Approved 50 - $61, Approved 71 - $491, Approved 72 - $1,198, Approved 96 - $1,127, Approved $871,507 Danotek Motion Technologies, LLC Canton Approved 8 - $2,580, Approved 14 - $2,371, Approved 37 - $921,746 Dokka Fasteners, Incorporated Auburn Hills Approved 27 - $8,328, Approved 35 - $12,204, Approved 29 - $79, Approved 33 - $74,131 3 of 54

7 FY2017 MEGA Total Jobs & Investment for Each Year Energetx Composites, LLC Holland Approved Approved Approved Ventower Industries, LLC Monroe Approved Approved Approved Automotive - Advanced Mfg Mats Engineered Plastic Components St. Clair Approved Approved Automotive - Manufacturing Acument Global Technologies Sterling Heights Approved 50 - $5,285, Approved 93 - $2,289, Approved Approved Approved Affinia Group Inc. Ann Arbor Approved Akebono Brake Corporation Farmington Hills Approved 59 - $1,157, Approved 83 - $3,401,931 Alphi Manufacturing, Inc. Jonesville Approved Approved Approved American Axle & Manufacturing, Inc. Three Rivers Approved Approved Approved ArvinMeritor Automotive, Inc. Detroit Approved Approved Approved Approved Approved Approved Approved Approved Approved Asama Coldwater Manufacturing, Inc. Coldwater Approved Approved Approved Approved Approved Approved of 54

8 FY2017 MEGA Total Jobs & Investment for Each Year 2004 Approved Approved Approved ASIMCO Camshaft Specialties Grand Haven Approved Approved Approved Approved Auto Alliance International, Inc. Flat Rock Approved - 1,961 $547,000, Approved 1, Approved - 1, Approved 1, Approved - 1, Approved 1, Approved - 1, Approved 1, Approved - 1, Approved Approved - 1, Approved Approved - 2, Approved Avon Automotive Cadillac Approved $283,377 Axle Alliance Redford Township Approved Approved Approved Approved Approved Approved Approved Behr America, Inc Troy Approved Approved Approved Approved Approved Approved Approved Approved Approved $931, Approved $51,437 5 of 54

9 FY2017 MEGA Total Jobs & Investment for Each Year Behr-Hella Thermocontrol, Inc. Wixom Approved Approved Benteler Automotive Corporation Auburn Hills Approved $427, Approved $340, Approved $11,571, Approved $5,140, Approved $24,778,779 BMW Hybrid Technology Corporation Troy Approved Approved Approved BorgWarner, Inc. - HQ Auburn Hills Approved Approved Did Not Qualify Bosal Warren Approved Approved Approved Approved Approved Brembo North America Homer, Incorporated Homer Approved $11,309, Approved $5,470, Approved Approved $10,828, Approved Approved $11,223, Approved Approved $50,119, Approved Approved Approved $5,611,139 Brose North America, Inc. Auburn Hills Approved Approved Approved Approved Approved $840, Approved $1,959, Approved $1,741, Approved $1,274, Approved Approved $2,290,132 6 of 54

10 FY2017 MEGA Total Jobs & Investment for Each Year 2015 Approved $2,834,862 Caparo Vehicle Components, Inc. Novi Approved $8,184, Approved $131,402 Changan US Research and Development Center, Inc Plymouth Approved 18 - $224, Approved 20 - $141, Approved 29 - $451, Approved 28 - $591, Approved Chrysler Group LLC Auburn Hills Approved Approved Approved Approved Approved Chrysler Group LLC Trenton Did Not Qualify Approved $55,821, Approved $319,030,210 Chrysler Group LLC Detroit Approved $20,559,274 Chrysler LLC Sterling Heights Approved - 5,123 $487,253, Approved - 4, Approved - 3, Approved - 2, Approved - 3,870 $101,587,233 Delphi Corporation Troy Approved Approved Approved Approved Approved Approved Approved Approved Delphi Corporation Troy Approved $21,800, Approved Approved - 1, Approved - 1, Approved - 1,101 - Detroit Chassis, LLC Detroit Approved Approved Approved Detroit Diesel Corporation Detroit Approved - 1,013 $74,720,834 7 of 54

11 FY2017 MEGA Total Jobs & Investment for Each Year 2012 Approved - 1,522 $50,827, Approved - 1,697 $45,982, Approved - 1, Approved - 1,934 - Detroit Manufacturing Systems, LLC Detroit Approved $21,597, Approved Approved Ecomotors, Inc. Allen Park Approved 6 - $317, Approved 21 - $374, Approved 32 - $63, Approved 22 - $16, Approved Engineered Machined Products, Inc. Escanaba Approved Approved Approved Approved Approved Approved Approved Approved Approved Approved Did Not Qualify Approved 82 - $992, Approved $2,082, Approved 93 - $1,562, Approved Approved Did Not Qualify Faurecia Automotive Seating, Inc Auburn Hills Approved Approved Approved Approved Faurecia Interior Systems Inc. Fraser Approved Approved Approved Did Not Qualify Approved $3,231, Approved $5,940,069 8 of 54

12 FY2017 MEGA Total Jobs & Investment for Each Year Federal-Mogul Products, Inc. Southfield Approved - 1,866 $9,073, Approved - 1, Approved - 1, Approved - 1, Approved - 1, Approved - 1,331 $14,435, Approved - 1, Approved - 1, Approved - 1, Approved - 1, Approved - 1, Approved - 1,463 - FEV North America, Inc. Auburn Hills Approved Approved Did Not Qualify Approved Fiat Chrysler Automobiles US LLC Sterling Heights Approved - 18,034 $1,803,442, Approved - 20,000 $747,153, Approved - 20,000 $750,582, Approved - 21,000 $650,360,797 Flextronics Coopersville Approved Approved Ford Motor Company Dearborn Approved - 2, Approved - 2, Approved - 2, Approved - 3, Approved - 2, Approved - 3, Approved - 3,262 - Ford Motor Company Wayne Approved - 6,692 $250,000, Approved - 2, Approved Approved - 2, Approved - 3,193 - Ford Motor Company Dearborn Approved - 13, Approved - 12, Approved - 10, Approved - 8,757 - Ford Motor Company Wayne Approved - 8,224 $617,561,884 9 of 54

13 FY2017 MEGA Total Jobs & Investment for Each Year 2012 Approved - 8,600 $202,674, Approved - 8,595 $73,399, Approved - 9,197 $61,291,425 Ford Motor Company Dearborn Approved - 17,864 $893,226, Approved - 24,905 $437,317, Approved - 27,347 $1,218,037, Approved - 27,404 $1,074,221, Approved - 40,200 $1,214,459,517 Gemini Group, Inc. Bad Axe Approved $21,634, Approved $16,404, Approved Approved $13,022, Approved Approved $19,793, Approved Approved $22,077, Approved Approved $28,622, Approved General Motors LLC Lansing Approved $513,589, Approved Approved - 1, Approved - 1, Approved - 1, Approved - 1, Approved - 1, Approved - 2, Approved Approved - 1,290 - General Motors LLC Lansing Approved $543,787, Approved - 2, Approved - 2, Approved - 2, Approved - 1, Approved - 2,376 - General Motors LLC Lake Orion Approved - 2,288 $257,100, Approved - 2, Approved - 2, Approved - 2, of 54

14 FY2017 MEGA Total Jobs & Investment for Each Year Approved - 1, Approved - 1,334 - HP Enterprise Services, LLC Ypsilanti Approved $250,000, Approved Approved Approved Approved General Motors LLC Warren Approved - 1,065 $290,297, Approved - 1, Approved - 1, Approved Approved General Motors LLC Flint Approved - 2,678 $400,000, Approved - 2, Approved - 2, Approved - 1, Approved - 2,063 - General Motors LLC Troy Approved Approved Approved Approved Approved General Motors LLC Detroit Approved $253,104, Approved Approved General Motors LLC Detroit Approved - 19,380 $968,995, Approved - 30,336 $681,903, Approved - 31,667 $869,136, Approved - 32,412 $959,406, Approved - 32,890 $1,427,136, Approved - 34,629 $1,700,398,062 Gentex Corporation Zeeland Approved Approved Approved Approved Approved Approved Approved Approved of 54

15 FY2017 MEGA Total Jobs & Investment for Each Year 2013 Approved Approved Approved Gestamp Mason, LLC. Mason Approved Approved Approved Approved Approved Approved Approved Approved $7,375, Approved $1,992, Approved $20,536, Approved $35,578, Approved Approved Approved Approved Gibbs Technologies, Limited Auburn Hills Approved Approved Approved 56 - $501, Approved 61 - $504, Approved 66 - $410, Approved 62 - $356, Approved Approved Did Not Qualify Global Engine Manufacturing Alliance LLC Dundee Approved Approved Approved Approved Approved Approved $13,218, Approved Global Engine Manufacturing Alliance LLC Dundee Approved Approved $113,346,165 Grupo Antolin Michigan Marlette Approved Approved Approved of 54

16 FY2017 MEGA Total Jobs & Investment for Each Year 2007 Approved Approved Approved Approved Approved Approved Approved Grupo Antolin Michigan Marlette Approved Hi-Lex Controls, Inc. Litchfield Approved Approved Approved Approved Approved Approved Approved Approved Approved Approved Hi-Lex Controls, Incorporated Hudson Approved Approved Approved Approved Approved Approved Approved Hyundai America Technical Center, Inc. Superior Township Approved Approved Approved Approved Approved 94 - $28,780, Approved $67,090, Approved $34,636, Approved $37,275, Approved $32,740, Approved $33,414, Approved $31,762,368 IAV Automotive Engineering, Inc. Northville Approved Inalfa Roof Systems Holly Approved Approved of 54

17 FY2017 MEGA Total Jobs & Investment for Each Year Inergy Automotive Systems USA, LLC Adrian Approved Approved Approved Approved Approved Approved Approved Approved Approved Approved Approved Approved Approved $9,675,739 International Automotive Components Group North America, Inc.(IAC) Dearborn Approved - 1, Approved - 2,118 $29,755, Approved - 2,244 $16,904, Approved - 2,399 $14,181, Approved 58 2,409 $9,382, Approved - 2,409 $17,167,822 Inteva Products, LLC Troy Approved 15 - $3,056, Approved JAC Products, Inc. Saline Approved 68 - $2,270, Approved Approved Approved Approved Johnson Controls, Inc Rockwood Approved Approved Approved Johnson Controls Interiors Manufacturing Romulus Approved Approved Approved Approved Johnson Controls Interiors Manufacturing, LLC Monroe Approved Approved Approved Katcon Usa, Inc. Auburn Hills Did Not Qualify Kolbenschmidt Pierburg Auburn Hills Approved 8 - $4,686, Approved 7 - $7,797, of 54

18 FY2017 MEGA Total Jobs & Investment for Each Year 2010 Approved Approved 19 - $588, Approved Kostal of America, Inc. Troy Approved Approved Approved Approved Approved Approved Approved Approved Approved Lacks Enterprises, Inc. Grand Rapids Approved Approved Lear Corporation Plymouth Approved Approved Lear Corporation Roscommon Approved $11,747, Did Not Qualify Approved $2,484, Approved Approved $3,439, Approved Approved $2,998, Approved Approved $3,248, Approved Approved Link Engineering Company Dearborn Approved 5 - $6,638,365 Magna Electronics Holly Approved Approved Approved Approved Magna International of America, Mimco Inc. Troy Approved Approved Approved Magnesium Products of America, Inc. Eaton Rapids Approved Approved Approved Approved of 54

19 FY2017 MEGA Total Jobs & Investment for Each Year 2004 Approved Approved Approved Approved Approved Mando America Corporation Plymouth Approved Approved Approved Approved Approved Martinrea Industries, Incorporated Clare Approved Approved Approved Approved Martinrea Jonesville LLC Jonesville Approved $12,483, Approved Approved Approved Approved Approved Approved $7,225, Approved MBtech Autodie LLC Grand Rapids Approved Approved $1,903, Approved $466, Approved $8,196, Approved $13,848, Approved $8,957, Approved $715, Approved Michigan Automotive Compressor, Inc. Parma Approved $44,432, Approved $34,271,131 Mitsubishi Heavy Industries Climate Control, Inc. Sterling Heights Approved Mobis North America, LLC Detroit Approved $6,005, Approved $9,785, Approved $7,643, Approved $11,010, Approved $12,176,065 Molex North America HQ Auburn Hills Approved of 54

20 FY2017 MEGA Total Jobs & Investment for Each Year 1997 Approved Approved Approved Approved Approved Approved MS Industries Inc. Fowlerville Approved 53 - $20,805, Approved 74 - $3,756,460 Neapco Holdings, LLC Belleville Approved Approved $2,212, Approved $3,418, Approved $14,747, Approved $11,450, Approved $26,744,825 Nexteer Automotive Corporation Saginaw Approved - 2,430 $426,000, Approved - 2,740 $110,484, Approved - 2,865 $115,122, Approved - 2,815 $85,185, Approved - 2,851 $51,661, Approved - 3,238 $43,778,100 Nicholas Plastics, Inc. Allendale Approved Nissan North America, Inc. Farmington Hills Approved Approved Approved Approved Approved Approved Approved Approved Approved Approved Approved Approved Approved Approved Approved Otto Bock Polyurethane Technologies Inc. Rochester Hills Approved 19 - $3,491,855 Paragon Metals, Inc. Quincy Approved Approved 52 - $488, of 54

21 FY2017 MEGA Total Jobs & Investment for Each Year 2010 Approved 51 - $1,129, Approved 68 - $1,560, Approved 94 - $157, Approved $5,661, Approved $313,686 Petri, Inc. Port Huron Approved Approved Approved POM Group, Inc Auburn Hills Approved Approved Approved R.L. Polk Company Southfield Approved Approved Approved Approved Approved Approved Approved Approved Approved 77 - $23,675,716 Ralco Industries, Inc. Auburn Hills Approved - 54 $4,769, Approved - 56 $907, Approved - 54 $3,368, Approved - 50 $2,572, Approved - 53 $1,463, Approved - 50 $1,422,765 Recticel N.A., L.L.C. Clarkston Approved Approved Approved Approved Robert Bosch LLC Farmington Hills Approved Approved Approved Approved Approved Approved Approved Approved SAF-Holland USA, Inc. Muskegon Approved of 54

22 FY2017 MEGA Total Jobs & Investment for Each Year Approved Approved Approved Sellner - Behr Corporation Comstock Park Approved Approved Shape Corporation Grand Haven Approved Approved Approved Approved Approved Approved Approved Approved Approved Approved $2,277, Approved $4,658, Approved $164, Approved $1,301, Approved $288, Approved Approved Approved Approved Spartan Motors, Inc. Charlotte Approved Approved Approved Approved Approved $1,920, Approved $1,713, Approved 85 - $4,451, Approved 95 - $477, Approved $1,313, Approved Spicer Heavy Axle & Brake Inc. Kalamazoo Approved Approved Approved Approved Approved Approved of 54

23 FY2017 MEGA Total Jobs & Investment for Each Year 2006 Approved Approved Approved Tk Holdings Inc. Auburn Hills Approved 7 - $10,286, Approved Approved Tower Automotive Plymouth, Inc. Plymouth Approved Approved Approved Approved Approved Approved Approved Approved Approved Approved Toyoda Gosei North America Corporation Troy Approved Did Not Qualify Toyota Motor Engineering & Manufacturing, N.A. Inc Ann Arbor Approved $136,956, Approved $1,949, Approved $3,009, Approved $3,623,977 TRW Automotive Inc Livonia Approved Approved Approved Approved Approved Did Not Qualify Did Not Qualify Did Not Qualify US Farathane Corporation Auburn Hills Approved $26,744, Approved Approved $20,892, Approved Approved $22,276, Approved Approved $46,950, Approved Approved of 54

24 FY2017 MEGA Total Jobs & Investment for Each Year Approved Approved $34,713, Approved 1, Approved $52,833, Approved Venchurs Inc. Adrian Did Not Qualify Did Not Qualify Did Not Qualify Ventra Evart, LLC Evart Did Not Qualify Did Not Qualify Vitec, LLC Detroit Approved Approved Webasto-Edscha Cabrio USA, Inc. Plymouth Approved Approved Approved Did Not Qualify Did Not Qualify Approved 83 - $10,119, Approved 81 - $4,747,878 Webasto Roof Systems Inc. Rochester Hills Approved $2,522, Did Not Qualify Approved Did Not Qualify Witzenmann Usa, LLC Troy Approved 75 - $10,201, Approved $8,332, Approved $8,646,974 Yanfeng USA Automotive Trim Systems. Inc. Harrison Township Approved 69 - $4,748, Approved $1,216, Approved ZF Group NAO Northville Approved Did Not Qualify Approved Approved Approved Approved Approved Approved 28 - $2,390, Approved 34 - $2,605, Approved 57 - $2,758, of 54

25 FY2017 MEGA Total Jobs & Investment for Each Year 2012 Approved 94 - $813, Approved Approved Approved $7,756,654 ZF Group NAO Northville Approved $33,600, Approved Approved $32,265, Approved $34,457, Approved $26,582,919 Automotive - R&D Testing AVL Powertrain Engineering, Inc. Plymouth Approved Approved Approved 73 - $2,695, Approved 66 - $1,931, Approved $2,130, Approved $1,919, Approved $1,919, Approved $1,919, Approved $1,456, Approved $1,595,191 Continental Automotive Systems Auburn Hills Approved $64,485, Approved Approved $199, Approved Approved Approved Approved Approved Approved Approved Business Services Health Care Services Incorporated Detroit Approved 57 - $1,125, Approved 65 - $104, Approved $464,022 Kelly Services, Inc. Troy Did Not Qualify Did Not Qualify Did Not Qualify Pulte Homes Corporation Bloomfield Hills Did Not Qualify Quicken Loans, Inc. Troy Approved of 54

26 FY2017 MEGA Total Jobs & Investment for Each Year 2005 Approved Approved Reino Linen Service of Michigan Brownstown Did Not Qualify Did Not Qualify Approved 83 - $10,651,137 Rlptechnologies, Inc. Farmington Hills Approved Approved Approved Approved Call Center AT&T Inc. Michigan Detroit Approved $29,858, Approved - 1, Approved - 1, Approved Approved Approved Approved Comcast Corporation Sterling Heights Approved Approved Approved Approved $319, Approved Morley Companies, Incorporated Saginaw Approved Approved $6,801, Approved Approved $107, Approved $4,732, Approved Morley Companies, Incorporated Saginaw Approved $7,814, Approved Approved Approved Approved Approved Nexient LLC Ann Arbor Approved 51 - $546, Did Not Qualify Approved 67 - $290, Approved 92 - $583, Approved $752, of 54

27 FY2017 MEGA Total Jobs & Investment for Each Year 2015 Approved priceline.com Wyoming Approved 70 - $2,393, Approved $3,179, Approved $2,747, Approved Approved Approved Approved SBC Internet Services Detroit Approved $1,843, Approved Approved The Minacs Group (USA) Inc. Farmington Hills Approved $702, Approved $1,729, Approved $3,600, Approved $2,489, Approved 1,107 - $3,143,176 Chemicals ADCO Products Michigan Center Approved 86 - $4,158, Approved 81 - $4,470, Approved 97 - $1,135, Approved Approved 84 - $1,396, Approved Approved BASF Corporation Wyandotte Approved Approved Approved Approved Approved Approved Approved Approved Chemetall US, Inc. Romulus Approved - 77 $1,722, Approved - 86 $968, Approved - 98 $3,445, Approved - 89 $2,877,756 Metalloid Corporation Sturgis Approved 16 - $23, Approved 19 - $78, Approved 18 - $107, of 54

28 FY2017 MEGA Total Jobs & Investment for Each Year 2015 Approved 20 - $84,509 The Dow Chemical Company Midland Approved $111,677, Approved $123,182, Approved $167,585, Approved $107,965, Approved $107,797,915 Wacker Chemical Corporation Adrian Approved $10,436, Approved $11,840,288 Defense/Military Axletech International, LLC Troy Approved $4,024,651 Century Incorporated Traverse City Approved 19 - $4,691,345 Consolidated Resource Imaging, LLC Grand Rapids Approved 9 - $2,454, Approved 17 - $1,197, Approved 20 - $18, Approved 18 - $179, Did Not Qualify 17 - $605,901 General Dynamics Land Systems Inc. Sterling Heights Approved Approved $1,336, Approved 73 - $13,020,021 Quantum Signal, LLC Saline Approved 5 - $918,993 Testek Inc. Wixom Approved Approved 6 - $1, Approved 9 - $30, Approved 21 - $36,916 Waltonen Engineering Warren Approved 20 - $2,526, Did Not Qualify Wolverine World Wide, Incorporated Big Rapids Approved Approved Electronics Advanced Photonix, Inc. Ann Arbor Approved Approved Approved Approved Approved Approved 42 - $1,090, Approved 60 - $528, Approved Approved 45 - $646, Approved 38 - $290, of 54

29 FY2017 MEGA Total Jobs & Investment for Each Year 2015 Approved 34 - $209, Approved Approved Did Not Qualify Aeroflex Ann Arbor Approved 26 - $2,128, Approved 29 - $311,493 Dow Corning Corporation Auburn Approved Approved Approved 35 - $194, Approved 44 - $5,147, Approved 97 - $28,532, Approved $30,651, Approved $15,622,900 ECD Ovonics Rochester Hills Approved Approved GE Aviation Grand Rapids Approved Approved Approved Approved Approved GE Aviation Grand Rapids Approved Gentex Corporation Zeeland Approved Approved Approved 1, Pcb Load & Torque, Inc. Farmington Hills Approved 20 - $1,164, Approved SoundOff Signal Hudsonville Approved 8 - $2,358, Approved 20 - $2,168, Approved 39 - $3,239,384 Financial Services Asset Acceptance Corporation Warren Did Not Qualify Auto-Owners Insurance Lansing Approved $5,552, Approved $3,534, Approved Chrysler Group LLC Auburn Hills Approved Approved Approved Approved Approved of 54

30 FY2017 MEGA Total Jobs & Investment for Each Year Approved Approved Credit Acceptance Corporation Southfield Approved Farmers Group, Inc. Caledonia Approved Approved Approved Approved Approved Approved 1, Flagstar Bank, Fsb Troy Approved Approved Approved Approved Approved Approved Approved Approved 1, Approved 1, Approved Approved 1, Approved 1, Approved 1, Approved Approved Global Futures & Forex, Ltd. Ada Approved $12,072, Approved Approved Approved Hagerty Insurance Agency, Inc. Traverse City Approved Approved 28 - $424, Approved 41 - $7,261, Approved 77 - $7,217, Approved Approved Approved North American Bancard, LLC Troy Approved 53 - $11,666, Approved $3,313, Approved $2,616,418 Quicken Loans, Inc. Livonia Approved of 54

31 FY2017 MEGA Total Jobs & Investment for Each Year 2005 Approved Approved Approved Approved Raymond James Regional Operations Center Southfield Approved Approved Approved Approved Approved $1,379, Approved $1,245, Approved $4,664,793 Food Processing Coca-Cola Refreshments Paw Paw Approved Approved Approved Approved Approved Approved Approved Approved Approved Approved Approved Approved Coca-Cola Refreshments Paw Paw Approved Approved Approved Approved Did Not Qualify ConAgra Food Packaged Foods, LLC Grand Rapids Approved 73 - $15,927, Approved $44,392, Did Not Qualify Continental Dairy Facilities, LLC Coopersville Approved 60 - $11,786, Approved 70 - $588, Approved 69 - $513, Approved 72 - $3,062, Approved 70 - $10,724,643 Dawn Food Products, Inc. Jackson Approved Approved of 54

32 FY2017 MEGA Total Jobs & Investment for Each Year 2008 Approved Approved $7,949, Approved Approved Approved Approved Approved Approved JBS USA, LLC Plainwell Approved Approved Approved Approved Approved Approved Did Not Qualify Did Not Qualify Did Not Qualify Did Not Qualify Approved Approved $1,932, Approved Approved Kellogg Company Battle Creek Approved Approved Approved Approved Approved Kellogg Company Wyoming Approved Approved Approved Approved Approved Approved $84,985, Approved Approved Approved Approved Request Foods, Inc. Holland Approved $39,681, Approved $44,375, of 54

33 FY2017 MEGA Total Jobs & Investment for Each Year Approved $1,928, Approved $21,405, Approved $13,827, Approved $2,256, Approved $3,329, Approved $4,524,683 Roskam Baking Company, Inc. Grand Rapids Approved $11,337, Approved $27,358, Approved $2,627, Approved $1,195, Approved $21,146, Approved $2,095,580 Furniture Big Rapids Components Big Rapids Approved Approved Approved Approved Approved Case Systems, Inc. Midland Approved Approved Approved Approved Approved Did Not Qualify Did Not Qualify Did Not Qualify Did Not Qualify Approved Approved Haworth, Inc. Holland Approved Approved Approved Approved Haworth, Inc. Holland Approved Approved Approved Haworth, Inc. Holland Approved Approved Approved of 54

34 FY2017 MEGA Total Jobs & Investment for Each Year 2013 Approved Approved Approved Meridian Incorporated Spring Lake Approved Approved Approved Approved Approved Approved Approved Approved Approved Approved Approved Approved Approved $5,244, Approved $2,067, Approved $2,700, Approved $1,458, Approved $4,027, Approved Approved $5,142, Approved $2,935, Approved $10,455,962 Steelcase, Inc. Grand Rapids Approved Approved Approved Approved Approved Steelcase, Inc. Grand Rapids Approved $7,813, Approved $646, Approved $16,858, Approved $3,334, Approved $109, Approved Information Technology ACN, Incorporated Gwinn Approved Approved Approved of 54

35 FY2017 MEGA Total Jobs & Investment for Each Year 2004 Approved Approved Approved Did Not Qualify Atomic Object, LLC Grand Rapids Approved Barracuda Networks Ann Arbor Approved 23 - $1,289, Approved Approved Approved Approved Approved Approved Approved CCI Systems, Inc. Iron Mountain Approved Approved Ciber, Inc. Southfield Approved 54 - $3,402,537 Comcast Midwest Management, Inc. Southfield Approved Approved Approved Approved Approved Approved Approved Approved $376, Approved Compuware Corporation Farmington Hills Approved Approved Approved Approved Approved Approved Approved Covenant Eyes, Inc Owosso Approved 5 - $75, Approved 14 - $653, Approved 19 - $278, Approved 33 - $374, Approved 52 - $1,202,088 Edgewater Automation St. Joseph Approved Approved of 54

36 FY2017 MEGA Total Jobs & Investment for Each Year 2003 Approved Approved Approved FACTON Inc. Auburn Hills Approved Approved ForeSee Results, Incorporated Ann Arbor Approved Approved 52 - $510, Approved 78 - $495, Approved 88 - $740, Approved $358, Approved Approved Approved GalaxE Solutions, Inc Detroit Approved 81 - $573, Approved 83 - $588, Approved Approved General Electric Company Van Buren Township Approved Approved Genesis10 Troy Approved 33 - $840, Approved $80, Approved 83 - $16, Approved Approved Google Inc. - AdWords Division Ann Arbor Approved Approved Grand River Interactive, LLC Ann Arbor Approved 6 - $312, Approved 12 - $110, Approved Approved Harman Becker Automotive Systems Farmington Hills Approved Approved Approved Approved Approved Approved Approved HTC Global Services, Incorporated Troy Approved Approved of 54

37 FY2017 MEGA Total Jobs & Investment for Each Year 2006 Approved Approved Approved Approved Approved 85 - $1,244,044 ICON Creative Technologies Group Ann Arbor Approved 5 - $1,270,803 ilumisys, Inc. Troy Did Not Qualify Infineon Technologies North America Corp. Livonia Approved Approved Approved Approved Approved Approved Approved 33 - $23, Approved 39 - $525, Approved 44 - $20, Approved 46 - $1,077, Approved 47 - $2,432, Approved 46 - $906,965 Kmart Corporation Troy Approved Approved Did Not Qualify Lakeside Software, Inc. Bloomfield Hills Approved 6 - $116, Approved 7 - $174, Approved 16 - $132, Approved 26 - $80, Approved 36 - $272,093 Media Genesis Inc Troy Approved Approved MyBuys, Inc. Ann Arbor Approved Approved 25 - $500, Approved 45 - $565, Approved 62 - $503, Approved 77 - $784, Approved 72 - $234, Approved $38,980 Netlink Madison Heights Approved P3-North America, Inc. Troy Approved 15 - $37,500 Quicken Loans, Inc. Livonia Approved of 54

38 FY2017 MEGA Total Jobs & Investment for Each Year 2001 Approved Approved Approved Approved Approved Approved RIIS, LLC Southfield Approved Approved Approved 12 - $240, Approved 17 - $233,589 Secure-24 Inc. Southfield Approved Approved Approved $2,452,594 Stefanini Tech Team Southfield Approved Approved Approved Approved Approved Approved Approved Strategic Staffing Solutions LC Detroit Approved $2,037, Approved Approved Approved Approved TATA Technologies, Inc. Novi Approved Approved Approved Approved Did Not Qualify Instuments and Controls Rigaku Innovative Technologies, Inc. Auburn Hills Approved Approved Approved Approved Life Science - Bio Technology Emergent Biosolutions Lansing Approved $37,112, Approved Approved of 54