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MANUFACTURING JOB FACTS
- U.S. subsidiaries support 95,800 manufacturing
jobs in Michigan, an increase of 33% over five years.
Manufacturing companies tend to have a strong "multiplier"
effect on the economy-stimulating a substantial amount
of activity and jobs in other sectors through their demand
for inputs from other suppliers.
Overall, approximately 46.9% of jobs at U.S. subsidiaries in Michigan are in manufacturing industries.
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ONE COMPANY'S STORY
Dispomedic 2000, Inc., a U.S. subsidiary
of a privately-owned Israeli medical product producer, announced
in July 2003 that it would be employing 200 people at its
first North American production facility in Port Huron.
The company plans to invest $9 million in a manufacturing
building where they will produce syringe products. The new
plant will create an estimated 215 more indirect jobs for
Port Huron residents. It is estimated that the state's net
revenue gain from the project will be $13 million over a
period of 12 years.
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