Top Ten Reasons Why Michigan Means Mobility:
- More than 2,200 facilities for research, design, engineering, and validation
- Michigan workers manufactured 22 models, accounting for 17% of all U.S. production
- Since 2009, Michigan has received $29 billion in OEM and supplier investment, more than three times any other state
- Over the past five years, automotive-related jobs grew by 11.3%
- Leads U.S. in projects and legislation passed for automated vehicle testing
- First in mobility-related patents over the past five years
- Home to 96 of the 100 suppliers in North America
- More than 113,000 engineers
- More than $12 billion spent on automotive R&D annually 72% of the U.S. total
- Home to the AMERICAN CENTER OF MOBILITY the world’s first self-driving highway test facility
State and Local Economic Incentives:
- Michigan Economic Development Corporation (MEDC): With MEDC’s PlanetM initiative, a partnership of mobility organizations and agencies working together to develop and deploy mobility technologies (https://www.michiganbusiness.org)
- Ann Arbor Spark: Supporting more than 200 automotive firms, testing and proofing grounds like Mcity and the American Center for Mobility (https://annarborusa.org)
- Renaissance Zone: ACM’s properties are designated as a Renaissance Zone through 2031 providing abatement up to 85% of real and personal property taxes.
- Opportunity Zone: ACM is located within a State of Michigan Opportunity Zone. Investment here provides deferral of reinvested capital gains
Michigan Site Readiness Program – Certified Shovel Ready Site:
Site work is completed for the Tech Park – roads and utilities are in place
Shovel Ready is defined as a site that has appropriate planning, zoning, title work, environmental conditions, public infrastructure engineering completed, and the property is available for development.