Konica Minolta plans $13 million GR expansion

Governor Granholm tour of Japan landed 150 new jobs and nearly $34 million in investments for Michigan. Grand Rapids should see 80 news jobs and some $13 million in foreign investment.

 

According to excerpts from the story:

After meetings today with executives of major Japanese companies, Gov. Jennifer M. Granholm announced that Konica Minolta Holdings, Meiden America, Taichi-S and Shikoku Cable Co. plan expansions in Michigan. The four projects are expected to generate $33.9 million in private investment and create 153 new jobs. The announcements came during Granholm’s three-day investment mission in Japan with Michigan Economic Development Corp. President and CEO James C. Epolito.

"Our willingness to go anywhere and do anything to create jobs is working, and on the first day of our mission, we can already announce expansions and job creation," Granholm said. "Clearly last year’s trip continues to pay off as we build these beneficial relationships that are critical if Michigan is to thrive in the global 21st century economy."

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