Original Source: theflintcouriernews.com
Governor Gretchen Whitmer recently led a Michigan delegation on a dynamic economic mission to Spain, aimed at enhancing the state’s global partnerships and drawing in foreign investments. This initiative falls under the “Make It in Michigan” strategy, focusing on nurturing talent, revitalizing locales, and securing projects that create robust job opportunities in the state. The visit underscored Michigan’s dedication to sustained economic growth through international collaboration.
At a business roundtable hosted by Team Michigan, including Michigan Economic Development Corporation CEO Quentin L. Messer, Jr., key discussions unfolded with Spanish industry leaders. The delegation also connected with Gestamp, a multinational company recently expanding its operations in Michigan. Their presence spans various districts, backed by state Senators and Representatives from both parties, enhancing local connections.
The delegation’s mission involved high-level discussions with government officials in Madrid and Catalonia, focused on finding new pathways for trade and investment. Governor Whitmer’s meetings with prominent Catalonian officials and the Spanish Minister of Industry highlighted the intent to build a future anchored in mutual economic growth across key sectors.
Messer emphasized the importance of such missions for nurturing jobs and investment in Michigan, reinforcing the state’s economic standing in the North American market. This mission was integral to the overarching “Make It in Michigan” strategy, further solidifying ties with Spain, recognized for its expertise in advanced manufacturing and clean energy.
Michigan’s economic partnership with Spain is thriving, with Michigan being Spain’s fifth-largest trading partner among U.S. states. In the past year alone, Michigan exported over $770 million in goods to Spain. Over the past decade, Spanish companies have undertaken eight foreign investment projects in Michigan, creating numerous jobs and investing nearly $284 million in capital, enhancing the economic landscape for both regions.
The recent economic mission to Spain led by Governor Gretchen Whitmer represents a strategic move to strengthen Michigan’s global economic framework. Focusing on the “Make It in Michigan” initiative, this delegation aims to attract foreign investments and foster collaborations in key industries like advanced manufacturing and clean energy. By engaging with Spain, Michigan hopes to build long-lasting economic relationships that can benefit both economies significantly.
The successful mission underscores Michigan’s proactive approach to economic development through international partnerships. Governor Whitmer and Team Michigan’s engagement with Spanish officials and industries aims to create job growth and investment opportunities. With solid trade ties already established, the trip not only solidifies existing relationships but also opens doors for future economic collaborations. As Michigan seeks to attract foreign investments, partnerships with nations like Spain will be crucial in fostering innovation and sustaining economic growth.