After months of haggling over establishing Michigan’s first renewable energy portfolio standard, that standard, adopted by the state legislature last week, could already be playing a major role in enticing Japanese alternative energy firms to establish businesses and jobs in Michigan. Governor Granholm met with Japanese business leaders in three top industries last week to “sell” leaders on the idea of investing billions in the state.
According to excerpts from the story:
NAGOYA, JAPAN – Sept. 19, 2008 -- Following meetings on the third and final day of her investment mission here, Gov. Jennifer M. Granholm today announced 10 companies are seriously considering expansions or looking at starting operations in Michigan for the first time. The companies the governor met with included those in the automotive, life sciences and alternative energy industries.
During the three-day investment mission, the governor traveled to three cities and met with 22 companies that have locations or are considering investments in Michigan or those primed for international investment. MEDC President and CEO James C. Epolito accompanied Granholm on the mission.
Read the complete story here.
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