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Utility companies partner with MEDC to attract new business to Michigan

Energy needs are often a major consideration for expanding businesses – so it’s important for site selectors to get timely information on energy costs when they make corporate location decisions.

In his special message on energy and the environment, Gov. Rick Snyder announced a new customer service tool that will help make Michigan a top tier place to locate or expand a business. This new tool makes it easier and quicker for site selectors to determine the costs of locating a business on an existing site instead of building a new facility.

Through a public-private initiative of the Michigan Economic Development Corporation and many of Michigan’s largest utility companies, companies will get ballpark estimates of the rates, connection costs and necessary electric infrastructure upgrades for major projects on up to five sites within five days or less.

“The changes being implemented by the utilities are vital in making Michigan more competitive in attracting new investments,” said MEDC President and CEO Michael A. Finney. “Michigan is the only state to offer this service to site selectors. We are continually working to bring innovation to our site selection services, as we continue to showcase Michigan as the single best place to expand a growing business.”

This improvement will provide a streamlined, transparent and consistent method in determining any potential costs for energy upgrades as well as offer the possibility of reducing these costs.

“Cooperative utility company policies and MEDC business attraction strategies will remove major business development limitations,” said Colliers International Executive Vice President Randall Book. “This relationship will make Michigan more competitive in the corporate site selection process. It’s a great example of how Gov. Snyder and the MEDC continue to innovate to grow the state’s economy.”

Site location professionals and businesses can find assistance from participating utilities by calling their dedicated phone lines or visiting their websites. Some websites include an easy to use Customer Connection form to speed the process of finding utility answers for a project.

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