Beruflich Dokumente
Kultur Dokumente
DEVELOPMENT
& COMMUNITY
AFFAIRS
MAY 2018
IMPACT REPORT
INTERNAL ONLY
Emerging Sectors Only
Successes - Current Month - May 2018
MONTH COMPANY CITY SECTOR/PROJECT TYPE FOREIGN FIRM INVESTMENT NEW JOBS RETAINED JOBS
May TraceTronic Troy Communications & IT German $ 75,000 6 0
Open Dealer Exchange Farmington Hills Communications & IT $ 3,908,000 50 83
Bordrin Automotive Oak Park Alternative Energy & Power Generation $ 3,400,000 62 55
TOTAL $ 7,383,000 118 138
Loan Fundings - Year to Date (January through May 2018) PROJECTED JOBS
504 LOANS/
TOTAL PROJECT AMOUNT BANK LOANS EQUITY AMOUNTS NEW JOBS RETAINED JOBS
EDC BONDS
$ 17,994,165 $ 7,183,600 $ 8,999,794 $ 1,810,770 70 225
Loan Fundings - Fiscal Year to Date (October 2017 through September 2018) PROJECTED JOBS
504 LOANS/
TOTAL PROJECT AMOUNT BANK LOANS EQUITY AMOUNTS NEW JOBS RETAINED JOBS
EDC BONDS
$ 23,205,765 $ 9,268,240 $ 11,563,094 $ 2,374,430 119 519
One Stop Shop Business Center
Small Business Impact - Current Month - May 2018
CAPITAL AMOUNT SALES INCREASE AMT. NEW FULL TIME JOBS NEW PART TIME JOBS
$3,600,000 -- -- --
$129,274 -- --
$3,729,274 $0.00 0 0
http://mywork.oakgov.com/sites/edca/EDCAMonthlyReports/SitePages/Home.aspx
Synopsis*
Emerging Sectors 2018
WHEN INVESTMENT NEW JOBS RETAINED JOBS
Current Month $ 7,383,000 118 138
Year to Date $ 69,574,600 705 654
Inception: 2004 $ 4,746,138,031 49,479 36,155
*Due to project overlap, all figures cannot be added together across divisions