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MICHIGAN ECONOMIC DEVELOPMENT CORPORATION

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MICHIGAN ECONOMIC DEVELOPMENT CORPORATIONDecember 29, 2005300 N. WASHINGTON SQ.l.ANSJNG, Ml 48913CUST()M RCONTACT CENTERThe Honorable Valde GarciaChair, Senate Appropriations Subcommittee onCommerce, Labor and Economic DevelopmentPost Office Box 30036Lansing, Michigan 48909-7536Sl7 373 9808WWW.MICHIGAN.ORGEXECUTIVE COMMITT EMATTHEW P, CUL!.ENChairGl:!neral MotorsThe Honorable Jack BrandenburgChair, House Appropriations Subcommitteeon Economic DevelopmentPost Office Box 30014Lansing, Michigan 48909-7514PHILIP H. POWERVieo-ChalrHCN.lnc.JAMES C. EPOL1TOPresident & CEORICHARD E. BLOUSE JR.cce:Detroit Regional Chamber.JOHN W. BROWNDear Senator Garcia and Representative Brandenburg:Stryker CorporafilinOR. OAVJD E. COLECenttirforAutomotive ResearchJOANN CRARYSaginaw Ftnura Inc.OR. HAIFA FAKHOURIArab American andChaldean CouncilSTEVEN K. HAMPThe Henry ForetAttached you will find the annual report as required in Section 507 of our FiscalYear 2005-06 Appropriations Act, Public Act 156 of2005, for the MichiganStrategic Fund and the Michigan Economic Development Corporation (MEDC).This report summarizes the activities and programmatic spending for Fiscal Year2005.HAYDEN H. HARRISEDFVenH1rcsPAU!. Hll.l.S:GONDSOTE EnergyCnm!}anyDAVID HOLLISTERMichigan Department ofLabor & Economic. GrowthGEORGE JACKSON JR.Detroit Economic GrowthCorporationMICHAEL .J . .JANDERNOABridge Street Capita!Partners, llC.MAYOR ROBERT B. JONESConsistent with the boilerplate requirement, we have included expenditures usinginvestment income and gaming revenues for the MEDC. Also, included in thereport is an individual list of grants and loans awarded from the Fund in Fiscal Year2005.Please feel free to contact Mr. James McBryde at 517.335.1847, if we can be of anyfurther assistance.City of KalamazooBIRGIT M. KLOHSThe Right Place. Inc.OR. !RVJN 0. REIOWayne State UniversityRICHARD SHOEMAKERUAW!n1erna1!onalS. MARTIN TAYLORDotfoil RenaissaocaGARY TORGOWSterling GroupPETERS. WALTERSGuardian Industries Corp.EnclosureCc:Ms. Mary Lannoye, State Budget DirectorMr. Gary S. Olson, Director, Senate Fiscal AgencyMr. Mitchell Bean, Director, House Fiscal Agency

MICHIGAN ECONOMIC DEVELOPMENT CORPORATIONYear-end Report to the Legislature for Fiscal Year 2005MICHIGAN ECONOMIC DEVELOPMENT CORPORATION300 N. WASHINGTON SQ.LANSING, Ml 48913CUSTOMER ASSISTANCE5f7.373.9808WWW.MICHIGAN.ORG

Successful Project Results*MEDC Assisted1·.·. ·.· ·· · J· ········ : · :.r.··.·. · · . · .·. · ·.ACTIVITY.· .· .:·.····1 . . Fy2005. ···.·.·.·· ·Total Jobs Impacted90,49213,1841,25022233,069Business DevelopmentEconomic Development Job TrainingCommunity Assistance Team (CAT)Industrial Development Revenue Bonds. .Technology Development.'·'"/,.,\·.- - · ::.''',·-··,' ·-·:-.-:,Jobs Created···' ···· ···::: .f:i i2f710,8701,1561,18122230Business DevelopmentEconomic Development Job Training"'Community Assistance Team (CAT)Industrial Development Revenue BondsTechnology Development . ·.,.:. :.:.:;:::;· - --:. ,--,:.-/:::\,: '·, ' -: , :-;: ,'. \. ·: ,, :- : ;. 'Jobs Retained30,22312,02869Business DevelopmentEconomic Development Job TrainingCommunity Assistance Team (CAT)31Technology DevelopmentiF ,.::·· :·. . :.·.-':,.· ···-:---. - .·. .',, . . . . . ' . ,···" Indirect Jobs.,Business Development('::- , : .---: ;:.'-.-: ', : : ', -.:: :.-: : .-::- - :- · .:-: . · . :::·-· 49,399,:·-;-::'.":'.·. :; -.::::- .:.-.--- ,·-·,:.:Public Investment ( x 1;000) 13,852 231,101Business DevelopmentEconomic Development Job Training 5,593 0 2,603Community Assistance Team (CAT)Industrial Development Revenue BondsTechnology Development.,. "· ·» : '.\ . .·'"Private Investment ( x 1,000)Business Development 3,200,254 237,380Economic Development Job Training 45,058 171,485 370Community Assistance Team (CAT)Industrial Development Revenue BondsTechnology Development· · .· :' )Y/ · :·y . · . ,. ,;, .,.,, :· . .·.·.·. .·· " ' /.:····· . , ?" G: :;; /;i '3) J 'I?:·.c·.: . · .- . -: :'.;- -:: . .-·"·Public Cost/Job Impacted 153 17,529Business DevelopmentEconomic Development Job TrainingCommunity Assistance Team (CAT)Industrial Development Revenue Bonds. Technology Development,. ,". .· .*As reported by the company at the time of announcement.Year-end 2005Page 1···,.·.·.: ::· .::::::,, 4,474 0 79

Business DevelopmentSuccessful Project Details in MichiganFY2004-2005· .·. ·· :.-' ---·- ':-·-·--·,--', , ;::-·.: '. })· :.:\\'; .-:.-:.-; : :·:· '· · · :. ,, --.,:PriVateln estR.ent( .x-. 1',0 QO) Jobs.· . Jobs· -.c.re aie --- Re taii:ie.d·,. .I·.·-:'pUbiiCl e- .t e·n·t'( x1;000).CO unty.MEDC Role .·Comcast13520000 14,500 4,500 0 Macomb 0 MacombLocate site: Ren ZoneMEGA, Community matching,Training, Trade FairCyltec10110 18,000 0 LenaweeAssisted with ConsumerEnergy agreement to payAndroidCyltec for transformer overtime ( 23Kfmo), PA198discussionDeacon Manufacturing819540 90 1,500 9,510203203713604 4,600 13,000 6,200 500 12 Kalamazoo 103 Bay 756 Ba 0 MonroeSystems Technology Group, Inc.Western Lime3562000 2,200 27,329 400 SchoolcraftWitzenmann USA1757 2,700Bandit IndustriesElan NutritionElan NutritionLiquid Moldina SvstemsLiquid Molding 59595192255241766 1,900 45944 2,600Future Tool and MachineMann Hummel Automotive, Inc.Michigan Sugar CompanySequoia IndustriesSuperior Roll and Turning3M Detroit PlantAAR Mobility SystemsAC Foundry, Inc.AccuBilt, Inc.Advance Heat Treat CorporationAdvanced Turning & ManufacturinaAIM IndustriesAir Wav Automation, Inc.Air-Way Manufacturing, Inc.Alcotec Wire CorporationAlken-ZieglerAlpha Stamping CompanyAmerican Tool & Die, Inc.Amerikam, Inc.Ammex PlasticsAnderson GlobalAnderson-Cook, Inc.ASIMCO - Assembled Camshafts, Inc.Atmosphere AnnealinoAutomatic Sprin Products CorporationAvon AutomotiveYear-end 2005Page 2a 0 Livingston15020Elan NutritionB&P ManufacturinaBallard Power Systems CorporationBaxter Machine & Tool Company, Inc.4120501213047015106851151142102520455:i;B 1'111.500;i.1,5u0 4,346 4,346 6,750 2,875 215 14 50 175 940 325 1,700 100 1,118 60 1,360 4,815 1,000 1,500 500 1,780 67 1,021 350 100 Kent 0 Wayne 0 Oakland 288 Macomb 50 Isabella. 100 Kent::i 100 Kent 35 Midland 35 Midland 3 Wayne 109 Wexford 9 Calhoun 3 Jackson 6 33 16 2 20 22 6 45 2 23 7 35 41 42 45 79 10 10 20 5MonroeJacksonOttawaCrawfordEatonGrand 8 discussionEDJTExtensive sitefbuilding searchin Macomb County, OaklandCounty and Wayne County.Coordinated with the City ofRomulus for tax abatementCoordinated with WayneCounty for roadimprovements.EDJTEDJTPA198, EDJTLocal coordination withMCIDC and SBTDCHigh-Tech MEGAMarketed Michigan for theproject. MEDC coordinatedtax abatement with localcommunity. CDBG,coordinated with MDOTrelated to rail.Local T MCPEOJTMCPEDJT MCPEDJT MCPEDJT MCPEDJTMCPEDJT MCPEDJTMCPEDJT TMCPWexfordEOJTMCPWayneEOJTMCPJacksonEDJTMCP

Business DevelopmentSuccessful Project Details in MichiganFY2004-2005. c;;.\\\·.·.·· ··.· ····. ·. Bekum America CorporationBenteler Automotive CorporationBerkley Industries, Inc.Blissfield ManufacturingBMC (Bil-Mac Corporation)Boride Engineered AbrasivesBrazeway, Inc.Burnside IndustriesButterball Farms, Inc.Cadillac FabricationCadillac Products Automotive CompanyCal Grinding, Inc.Cass Valley EnterprisesCenturv, Inc.Classic Turning, Inc.Concord Manufacturing CompanyContinental Teves, Inc.Custom Machines, Inc.Cyltec, LLC.Dakkota Integrated Systems, LLCDart Container of Michigan, LLCDesigners Edae, Inc.Detroit Chassis PlantDiamond Electric ManufacturingDouglas Autotech CorporationDura Automotive Systems, Inc.E & E Engineering, Inc.Exhaust Technologies and Manufacturing, Inc.Extreme Tool & EngineeringFANUC Robotics America, Inc.Federal Screw WorksCi-e. t Eld000200280002622015141101502510027015 .Henkel Technologies040200000200400Hilite International7Flexible Products, Inc.FTE Automotive USA, Inc.Gestamp US HardTech, Inc.Gordon Food Service, Inc.GR Sprina & Stamping, Inc.Grand Haven Gasket CompanyGrand Transformers, Inc.Grand Traverse Plastics CorporationHadley Products, Inc.Hastings Manufacturing CompanyHauser, Inc.Hayes Lemmerz International, Inc.Hekman FurnitureKalkaska Screw Products, Inc.04360501090Kaumaqraph Flint Corporation7Hytrol ManufacturingI & W IndustriesIMM, Inc.Inergy AutomotiveIronwood Plastics, Inc.ITW Coding ProductsJacquart Fabric Products, Inc.Johnson ControlsKeltech, Inc.Key Plastics, LLCL & W EngineeringLake City Manufacturino, LLC, Lake CitvLake Citv Manufacturing, LLC, New BostonLake Erie Products, Inc.Year-end 2005Page 2b.Lamb Technicon, LLC (Cincinnati Lamb)Lankfer Diversified Industries (LOI). . :·Job :--310000420- .iObS :P'riVate.:R·e- 1rii!'d - ::( )i·: ;ooo)47 17453 2,22924 1580 40035 78540 38010 3,00068 1,53824 57010 1,55015 2605 13024 40040 2,5004 7657 125 07520 020 2,00054 037 2257 3545 26075 53050 2,05090 2,00054 405 2508652730192510268045426050185-- ·:-: P, ubl i ;:.-!rv -fuent : l i1veStment 500 2,000 1,350 250 1,000 13,200 13,000 1,350 90 10 275 0 500 80 2,300 482 4,300 1,239 63 800 50 6,500 736 200 75 15,000 905 1,000 44 300 1,533 750 750 2,425 297 4,900( x:1·,oo o) 19 44 13 25 17 16 4 25 8 5 13 3 10 21 3 4 44 6.·I .-Counfy· ·InghamOaklandHuronLenaweeKentGrand TraverseLenaweeOttawaKentWexford.MEDC RoleEDJTMCPEDJTMCPEDJTMCPEDJT MCPEDJTMCPEDJT MCPEDJT MCPEDJT MCPEDJTMCPEDJT MCPOaklandEDJT MCPDeHaEDJTMCPTuscolaEDJTMCPGrand TraverseEDJTMCPJacksonEDJT MCPJacksonEDJT MCPOaklandEDJT MCPLenaweeEDJT MCP 7 Lenawee 10 InghamEDJTMCP 8 4 13 12 15 49 27 16 5 40 8 33 14 11 28 34 2 28 2 12 32 5 52 6 18 65 4 25InghamEDJTMCPMonroeEDJTMCPWayneEDJT MCPMonroeEDJT MCPBranchAntrimEDJT MCPEDJT MCPMacombEDJT MCPWavneEDJT MCPGogebicEDJT MCPOaklandEDJTMCPGrand DJT MCPKentEDJT MCPKentEDJT MCPOttawaEDJT MCPOttawaEDJTMCPGrand PWexfordEDJT MCPKentEDJT MCPOaklandEDJT MCPMuskegonEDJT MCPWayneEDJT MCPGrand TraverseEDJT MCP 7 Crawford 17 4 33 14 30 9 28 4 14 24 20 21 8 21 67EDJTMCPEDJT MCPLenaweeEDJT ounEDJTMCPKalkaskaEDJT MCPTuscolaEDJTMCPBarryEDJT MCPChippewaEDJT MCPLenaweeEDJT MCPMissaukeeEDJT MCPWayneEDJT MCPWayneEDJT MCPMacombEDJT MCPKentEDJT MCP.

Business DevelopmentSuccessful Project Details in MichiganFY2004-2005·. · . . :;"Le!Account;.Leelanau Industries, Inc.Lenawee Stamping CompanyLincoln ForgeLoadMasterLOG Perfomlance ProductsLamar Machine & Tool ComoanvM & S CompaniesMagna DonnellyMagnesium Products of AmericaManistique Papers, Inc.Manufacturers Supply (MANSCO)Mark PackMeijer Great Lakes Limited PartnershipMelling IndustriesMelling Products CorporationMercurv Product Corporation of MichiaanMerillat IndustriesMetaldyne Tubular ProductsMichigan Extruded AluminumMichigan Rubber Products, Inc.Micromatic Screw Machine ProductsMid-American ProductsMidwest Products Finishing, Inc.Milco Manufacturini:i CompanvMillenium IndustriesMiller Industrial ProductsMotor Citv LogisticsNormie Industries, Inc.Northern Stainless Fabricatina, Inc.Notions Marketing CorporationNuestro, LLCObara Corporation USAOlivet Machine Toal EngineeringOrlandi Gear Company, Inc.Ovidon Manufacturing, LLCPaladin Industries, Inc.Parker HannifinPilkington North AmericaPiston Automotive (DBA Piston Group)Piston Automotive, LLCPlastic TrendsPrecision Ed!:!e Sumica1 Products Campany, LLCPrecision Metal ProductsPrescott Products, Inc.Pridgeon & ClayProquest Information and LeamingProvia SoftwareR&B Electronics, Inc.Red Spot, Inc.Renaissance Global LogisticsRexair, Inc.RG2, LLCRima ManufacturingRoMan ManufacturingSaber Tool CompanvSeaver Finishina CompaniesSound TechSpartan MotorsSpecialty Silicone FabricatorsSpectrum CubicSpectrum Industries, Inc.Year-end 2005Page 2cStanco Metal Products, Inc.Superior Fabrication Company, LLC···.Jobs··· .'.-PriV8te-: ·. ·J.obs;·c ate:d 106504729506101301818208230I· -·piJblic--i #- t.ill'&Ot ' ::'1 - l' Stment· .-'( -:x:;1;-ooo) ·; · :cs· '1;000 5,745 2,000 358 60 3,300 800 1,000 1,103 11 2,000 200 41 0 1,518 2,022 37 658 1,950 96 1,000 142 1,238 300 130 500 83 40 150 50 850 135 2,200 56 412 180 300 140 250 1,400 1,900 1,500 1,378 0 31 10,000CountyMEDC'Role 14 Grand TraverseEDJT MCP 48 10 5 20 3 29 13 172LenaweeEDJT MCPWayneEDJT MCPDickinsonEDJT MCPWayneEDJT MCPJacksonEDJT MCPOttawaEDJT MCPOttawaEDJT MCPEatonEDJT MCP 27 Schoolcraft 10 OttawaEDJT MCP 9 78 8 12OttawaEDJT MCPKentEDJT MCPJacksonEDJT MCPClareEDJT MCP 37 Macomb 20 Lenawee 45 LivingstonEDJT MCP 11 Jackson 11 WexfordEDJT MCP 4 Jackson 21 Jackson 14 MonroeEDJT MCP 20 Macomb 25 Tuscola 7 JacksonEDJT MCPEDJT MCPEDJT MCPEDJT MCPEDJT MCPEDJT MCPEDJT MCPEDJT MCPEDJT MCP 20 Macomb 6 Grand TraverseEDJTMCP 6 Grand Traverse 3 KentEDJTMCPEDJTMCPEDJT MCP 8 Lenawee 12 Macomb 2 EatonEDJT MCP 5 Macomb 17 LivingstonEDJT MCP 14 Kent 15 InghamEDJT MCP 30 Lenawee 6 WayneEDJT MCP 14 Wayne 72 MacombEDJT MCP 47 Chippewa 15 OttawaEDJT MCP 3 OgemawEDJT MCP 110KentEDJT MCPEDJT MCPEDJT MCPEDJT MCPEDJT MCPEDJT MCPEDJT MCPEDJT MCP 750 24 WashtenawEDJT MCP 116 20 Kent 21 ChippewaEDJT MCP 2,405 281 50 650 75 2,000 170 75 789 3,807 440 50 300 180 203 230 13 Wayne 20 WayneEDJT MCPEDJT MCPEDJT MCP 27 46 26 CP 5 21 18 52 3 42 32 30 hippewaEDJTMCP

Business DevelopmentSuccessful Project Details in MichiganFY2004-2005,-,: --;,,.-:AcCOunt'Systrand Manufacturing CorporationTAS CNC CompanyTecumseh Conugated Box CompanTennant CommercialThe Decc CompanyTopcraft Metal Products, Inc.Traverse City Products, Inc.Trenton Forging CompanyTRWTWB Company, LLCUni!oy MilacronVan MachineVanAire, Inc.Venchurs Packaging, Inc.Vi-Chem CorporationWacker ChemicalWayne Wire Cloth Products, Inc.Welform Electrodes, Inc.Proteos, Inc.Omni Sciences, Inc.TES International, LLCSoar Technology, Inc.Year-end 2005Page 2d'-,'. j 'bi;'Jobs.:t: f at ) 2296457566340281408030422100100Private:;,···'". ·-· ·:;p·ub1·ii::--:--.i ri e- : i- Ff:(s'.: ,:1 ,QOo}:·-: ;: ,;'.:: }& Wd ; 3,500 30 145 0 3,500 400 30 1,630 645 1,000 10,600 3,700 125 213 18 3 20 68 2 19 10 16 117 9 25 3 27 13 19 45 35 15 18151555190995050 2,200 150 300 500 260County.WayneKentLenaweeOttawaKentOttawaGrand . :M -bc.:R -i EDJT MCPEDJT MCPEDJT MCPEDJT MCPEDJT MCPEDJT MCPEDJT MCPEDJT MCPEDJT alkaskaMacombKentEDJTMCPEDJT MCPEDJT MCPEDJTMCPKalamazooWashtenawOaklandWashtenawSBIR Phase I GrantSBIR Phase I GrantSBIR Phase I GrantSBIR Phase I GrantAwardAwardAwardAward

Business DevelopmentMichigan Visit Activities' '· i) ·. · . . . .'.· .i '( '' .·,·,· · ;.:1:,]:Business Retention Visits (by MEDC Account Managers)Companies visited with over 100 employeesCompanies visited with 51-99 employees Y.; F:\':200S · ·1,410752Companies visited with less than 50 employees2,660Total Business Retention VisitsFastest Growing Companies4,822213Businesses Requesting Service3,668Customer SatisfactionOverall Customer SatisfactionMichigan Business DevelopmentInternational Business Development97o/o100 /o97o/oTotal Business Development1MEDC Service Guarantees Met C lMichigan Business DevelopmentInternational Business DevelopmentTotal Business Development98o/o100%)98o/o(1) Michigan Business Development service guarantees: a. Phone calls returned within 24hours; b. Information requests processed in 5 days; c. On-site consultation within 5 days;d. Follow-up services put in writing. ID service guarantees: Timely follow-up.Year-end 2005Page 3

Business DevelopmentLeads, Attraction Visits, and Projects Leads*.·.···.i ·· . · .x··:·):c········ . .·.··· · !; :2005·National CompaniesMichigan CompaniesNational Site ConsultantsMichigan Site ConsultantsTotal LeadsVisits*National Auto Suppliers/ProspectsNational Site ConsultantsTotal VisitsProjects*National CompaniesMichigan CompaniesNational Site ConsultantsMichigan Site ConsultantsTotal Projects*Categories were changed for FYOS to better reflect the activities of the unit.Year-end 2005Page43941316747572431219693210

International DevelopmentSuccessful Project Details in untvNew Investment EmployeesParentCountryFaureciaExpansionMacomb 40,000,000448 AutomotiveFranceALO Thermal TreatmentExoansionPort Huron 20,000,000132 AutomotiveGerman1t30 AutomotiveGerman 275,000,0002,928 AutomotiveGermani 10,000,00040 AutomotiveGerman\I3 AutomotiveGermaniBehr IndustriesExoansionKentDetroit DieselExoansionWavneEbersoaecher North AmericaExoansion, Phase IILivinastonF. ZimmermanNew sales officeOaklandifm electronics, Inc.New salesoffice/warehouseOakland 1,000,00010 AutomotiveGerman\'nnamExoansionOakland 15,000,000117 AutomotiveGerman\!PROTEMALLCOakland 250,0002 AutomotiveGermaniPU REMNew sales officeExpansion/part ofDetroit Diesel5 AutomotiveGerman\'RAMPF GroupNew sales/warehouse Oakland 1,000,00020 AutomotiveGerman'JZF Lemforder Cornoration 45,00090 AutomotiveGermaniA&DTraininQNew sales office &ExoansionWashtenaw 500,00065 AutomotiveJaoanAdvanced Special ToolsExoansionCalhoun 500,00010 AutomotiveJapanLivinaston 83,000,00040 AutomotiveJaoanOakland 36,000,000250 AutomotivEJaoanJapanAisin Fowlerville nrovina around NewDensoExoansionWavneLapeerDensoExoansionCalhoun 45,000,000300 AutomotiveFukokuNew sales officeOakland 500,0002 AutomotiveJapanHino Motor ManufacturinaNew officeOakland 1,860,00030 AutomotiveJaoanHino Motor SalesNew officeOakland 50,00040 AutomotiveJaoanII StanleyExoansionCalhoun 33,000,00050 AutomotiveJapanNakaaawa Soecial SteelNew sales officeOakland 250,0003 AutomotiveJaoanNinnon Piston RinaExoansionOttawa 1,500,00040 AutomotiveJaoan 250,0003 AutomotiveJapanTaiko Device TechnoloalesNew sales officeTakai RikaExpansionOaklandCalhoun,WayneTovota Technical CenterEvnansionWashtenawUMCNew sales officeResearch &developmentGrupo Antolin230 AutomotivJaoan 150,000,000400 AutomotiveJaoanOakland 500,0002 AutomotiveJapanOakland 10,000,00040 AutomotiveSnain 50,000,000 775,205,000Year-end 2005Page5Profilelndustrv5,330

International DevelopmentForeign Office & Referral Activity.,, ,. . . '. ,,. . ·· .·Ii· . :·,-.··---:.:·:-- . ·. · . i, ,\ '\ME'd:C ifad Ei:S't3ffAcii Vifv'-- ····:.· . , , , .· . . . . i···:F'(20o5 .', . } . :-' : , ---. '· - -: -c - \.,51177140Referrals Initiated by MEDC#Activities from Account Managers#Activities Received Direct3175835Total Activities by MonthExport Visits CompletedPresentations to Organizations-. . ,··: ;::, .::::; -.::F,'Qie"iQii!'OffiCe.A:Cthfit:Y,·: .:- ·. -' . :'.:-'·- --:,. : .··· ·: :-: - .i .' '· . --:: /t' :/ \,\',/.:/ :816234Export CounselingCompany Visits (in Michigan)Market AnalysisSearches Completed30In-Country Direct Support542Strategic Market Access Programs Completed711#of Participating CompaniesPresentations to OrganizationsMichigan Staff ActivityInternational HQ Visits - No Ml Operations· .,,., ;, /,:.;c0.n; '','·;ra-; ;.;; s;,,;%;;;;,g:;--?,.,- , ·)\:·: ·.' Rto··eretS'i;': ·International Companies No Ml OperationsYear-end 2005Page610.

Renaissance ZonesFY2005 ActivityThe Michigan Strategic Fund (MSF) Board designated eleven Tool and Die RecoveryZones. Sixteen applications were received in total. The Legislature amended the Tooland Die Recovery Zone section of the Renaissance Zone Act to enable the MSF Boardto combine a number of applications, allowing 92 tool and die companies to receive thisdesignation. Staff also monitored the eight Tool and Die Recovery Zones designated in2004.The MSF Board also designated seven Agriculture Renaissance Zones around the state,four of which were for ethanol plants.Negotiations are currently under way with the City of Greenville to designate theirindustrial park as a renaissance zone. The negotiations are anticipated to be completedin early 2006.Year-end 2005Page 7

Community DevelopmentCommunity Development Block Grant (CDBG)·: ., ·-- - . - .: :. . . ·. :'' -- : ·: :. --;--., .:-.-.":: ·:'"'i. '-:'::: :.,''. : :. : .·: ::-:;· .·:o :,;,:-:·:·:·, ·· :-. .,, - . ·.-.',- :·. '- ·:;"··- fY-20.Q S ; :OCDBG Funds Available {Grant Years 1998-2004) 221,076,985Grants Awarded( 191,922,029)Applications Authorized by MSF Board1 7,878,798)Grant Increases Authorized by MSF Board{ 160,000)Notices of Intent Received{ 350,000)Notices of Intent Authorized by Sales( 8,640,000)Balance of Funds Available for Commitment (Grant Years 1998-2004) 12,126,158AllocationIndustrial Development Revenue Bonds (IDRB)BalanceAllocation Used 28,113Allocation Available 96,887 36,568 95,632( 1,255Economic Development Job Training (EDJT)2005 AppropriationAdministrationApproved EDJT GrantsTotal Funds UncommittedYear-end 2005Page 8Tota! Business Response Program 5,116,292Total Manufacturing Competitiveness Program 4,156,708

Services Providedto Customers .··.·. .· · ··.·.· ·.··. ··· /.··. \iy,;;: .';···. ·. ··. ·.FiiQQ Advanced Manufacturing33Alternative Energy10AutomotiveBusiness Operating Cost EstimatingCommunity AssistanceCompany ResearchConsultation, Education and TrainingCustomer/Supplier InformationEconomic/Labor Market InformationEmployee Stock Ownership ProgramsEnvironmental Technical AssistanceExport AssistanceGovernmental Procurement AssistanceGreat Lakes Technology CenterHomeland SecurityInformation TechnologyJob Creation Tax CreditsJob Training ProgramsJoint Venture AssistanceLife SciencesLocal Development Agencies CoordinationMichigan Industry RoundtablesMichigan Recruitment AllianceOmbudsman Service/MIOSHAOmbudsman Service/CIS OtherOmbudsman Servlce/DEQOmbudsman Service/Other Depts.Ombudsman Service!TreasuryOmbudsman Service/LIAPublic Financing ProgramsRecruitment ServiceRecycling/Waste ReductionRetraining ProgramsSBTDCSchool-To-Work ProgramsSite Development & Infrastructure ImprovementSite Location ServicesSmall TechStrategic Planning AssistanceTax Abatement ServicesTechnology Consulting ServicesTrade/Profess. Assn. ReferralUtility Services CoordinationVenture CapitalVoice of the CustomerWorkers' Compensation Cost ManagementYear-end 9

Small Business Advocacy.'· i.Q.ijfr ;h . - :':'.:, \. .·· :. .:·ii:,:.::··':' --. '::':\·.·.' ;,, ·:·,.' ···. ·.YTD.Advocacy Organization Visits193Advocacy Organization Meetings & Project Planning82545111Presentations to OrganizationsEventsConference Participation.Procurement Technical Assistance Center181Firms TrainedValue of Federal Contracts2322452238812542334552841,226 51,760,865 56,050,917 64,570,360 73,863,463 246,245,605 7,313,882 4,289,906 1,470,002 15,444,491 28,518,281Won ( x 1,000)Value of Export ContractsWon ( x 1,000)Year-end 2005Page 10II·I

Technology DevelopmentNew Capital Under Management( x 1,000) 36,400Total Capital Under Management( x 1,000) 1,139,100Percentage of National Capital Under Management24 /oNumber of Angel Deals Funded7 5,200Amount of Angel Investments( x 1,000)· ·-: Erit'repfi .n: ·yti JL11JJfa. .fi'.i.ict liictSuPp0:rt: - -.-\, ·'. ·"·,. :· ··;.;;:. . i;:t2po:s·'155Number of Great Lakes Entrepreneurs Quest Participants. ,·:te'Cb:i1:QJtjQY,J: : YE!l QPril nf Mi:!- tihgs/ .:- - :1 257SBTDC Technology Clients Served-., '.; . -.-:,y . "H i '':FYtllJISXi .39Public University Meetings109Life Sciences MeetingsAdvanced Manufacturing MeetingsHomeland Security MeetingsBusiness Development Referral Activity7075450Venture Capital/Angel Network MeetingsJobs Created within Business Accelerators522205New Company Locations in SmartZonesJobs Created in SmartZonesJobs Retained in SmartZonesPrivate Investment ( x 1,000)609808 117,000181Services Provided by SmartZone/Business Accelerators:-SJ - inEIi.i\l!t .iiCategory Ill-Commercialization342286Totals11124SBIR I Number of Projects FundedSBJR I Amount of Matching Funds CommittedSBIR I Amount of Federal Funds Leveraged .12,000,0009,800,0005,500,00027,300,00027 370,520 2,600,316Year-end 2005Page 11IiII

Travel MichiganTotal Routine Inquiries112004llil 20051.200.0001.000.000r---·-.·------------- -----------------400,000200,000 -0OctNovDecJanFebMar April May June July Aug Septitl!'.iigRRl!'66,998TelephoneWeb User Sessions28,44714,6647,304,895t 'tflif B'(Q"Q)!"Welcome Center VisitorsYear-end 2005Page 127,401,331

External MEDC Partner SuccessesPA 198ADCO Products, Inc.Advanced Molding SolutionsAdvanced Toolina Svstems, Inc.American Axle & ManufacturinaArTech Parts Fabrication, Inc.Banks Hardwoods, Inc.Bay Vallev FoodsBetz IndustriesChardon Rubber ComoanvDow Cornina CorporationDow Corning CorporationESYS CoroorationEclipse Mold, Inc.Emerald Graphics CorporationExtol, Inc.Fastco Industries, Inc.Fleetwood Grouo, Inc.Gentex CorporationGenzink SteelGerber Products CompanyYear-end 2005Page 13aGrand Rapids Industrial ProductsGreat Lakes Label, LLCGuardian FiberalassKorten Quality SystemsLDM Technoloaies, IncorporatedLen Industries, Inc.Lincoln Park Die & Tool Co, Inc.M. Araueso & CompanvMPI ResearchMPI ResearchMPI ResearchMRA Industries Inc.Mag-Tee Casting CorporationMahle Valve Train, Inc.McElroy MetalMelling Tool CompanvMicro Machine CompanyMidAmerican Products, Inc.Midwest Gear and Tool, Inc.Midwest Mold Services, Inc.Mueller Impacts CompanvNorthern Life Foods, 81401834808 1,057 307 2,600 16,835 575 2,350 4,265 700 562 1,600 1,000 2,382 3,464 2,565 490 1,480 1,441 24,800 371 2,500 1,475 1,347 5,000 460 1,315 2,500 383 2,650 6,586 3,815 2,904 3,397 1,047 2,173 279 7,858 677 1,054 1,775 800 1,515 1,223JacksonOttawaKentSt. JoseohAlleaanSt. nMacombSanilaclnahamWayneMuskegonVan BurenVan BurenVan ksonMacombMacombSt. ClairMacomb

.JobsJobs·e·riVate'1ilveSfm'ei1t: ( ."1,,::cteai d··. ; --R taJr:i'e(I , ; :·ODL, IncorporatedOpteraPol mer Process DevelopmentSeverstal North America, Inc.Severstal North America, Inc.Special-Lite, Inc.The Ta lor CompanTitan Tool & Die, Inc.Toefco En ineered Coatin S stems, Inc.Tower AutomotiveUS Farathane CorporationWeller Auto Parts, Inc.Year-end 2005Page 20654522960130l;p()pk. 4,346 597 490 150,100 200,200 200,200 2,676 3,607 1,000 850 588 552 7,519 576 2,600OttawaAlie anMacombWaneWaneWaneKentVan BurenOttawaKentMuske onBerrienMacombMacombKent

Michigan Strategic FundFiscal Year 2005 uresCorporateExpendituresTotalExpenditures1 Business Development62.0 6,257,263 516,605 6,773,8682 Community Development21.03,565,322682,571 4,247,8943 International Development4.01,185,913473,552 1,659,4654 Technology Development8.02,079,836610,240 2,690,0765 Travel Michigan and Business Marketing30.29,247,1702,698,999 11,946, 1696 Other (Executive Office, Administration, e-MEDC41.06,235,4883,775,205 10,010,693Sub-total Programs166.2 28,570,992 8,757,174 37,328,165GrantsAutoech Accelerator 502,750502,750337,500Center for Michigan RenaissanceCommunity Development Block GrantMichigan Core Communities Fund48,555,544 48,555,544438,357 438,3571,388,699Core Communities IIEconomic Development Job Training438,073Procurement Technical Assistance Centers** 438,073 407,378407,3781,500,000Michigan Manufacturing Technology Center 1,388,699 9,508,2959,508,295Emerging Tech FundMichigan Growth Capital Fund 337,500 1,500,000 375,338375,338Small Business/Technology640,695 640,695Smar!Zones, CAT & special projects724,338 724,338Technology Transfer Grants100,000 100,0001,850,207 29,662,089300,000 300,000 7,279,512 94,879,056Technology Tri-Corridor27,811,883University Research InitiativeSub-total Grants 87 ,599,545Total Program & Grants:11116 HQ 536*Cash and accrued expenditures made during fiscal year 2005 including payments against prior yearencumbrances & work projects.''"'Grants made to leverage federal grants:liHl 036 685 :li132 2QZ 221

Michigan Economic Development CorporationBusiness Accelerator GrantsGrants Awarded from 10/112004 to 9/30/2005Recipient OrganizationAnn Arbor Chamber of CommerceAutomation Alley ConsortiumWayne State UniversityWestern Michigan Science & Technology CenterTOTALAmount Awarded 3,50050,0005,0004,000 62,500

Michigan Economic Development CorporationCool Cities GrantsGrants Awarded from 10/1/2004 to 9/30/2005Recipient OrganizationCity of Battle CreekCity of East LansingCity of Grand RapidsCity of KalamazooCity of LansingTOTALAmount Awarded 100,000100,000100,000100,000100,000 500,000

Michigan Economic Development CorporationFederal/Private Foundation Leverage GrantsGrants Awarded from 10/1/2004 to 9/30/2005Recipient OrganizationMichigan Manufacturing Technology CenterCalhoun Intermediate School DistrictCapital Area Michigan Works!Detroit Workforce Development DepartmentGrand Rapids Community CollegeGreater Flint Health CoalitionLake Superior Community PartnersMichigan Works! The Job Force BoardMid Michigan Construction AllianceMuskegon/Ocean ConsortiumNortheast Michigan ConsortiumNorthwest Michigan Council

Boride Engineered Abrasives Brazeway, Inc. Burnside Industries Butterball Farms, Inc. Cadillac Fabrication Cadillac Products Automotive Company Cal Grinding, Inc. Cass Valley Enterprises Centurv, Inc. Classic Turning, Inc. Concord Manufacturing Company Continental Teves, Inc. Custom Ma