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Detroit Economic Growth Corporation
500 Griswold St., Suite 2200
Detroit, MI 48226
Work:(313)963-2940
Fax:(313)963-8839


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2007-2009 Success Story Summary7/14/2009
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From deals they made in 2007 and 2008, companies have projected investments

over time of $2.87 billion in Detroit and the retention or growth of 6,700 jobs.

  • General Motors. DEGC facilitated tax abatements for a planned $340 million expansion of GM?s Detroit/Hamtramck Assembly plant, supporting the retention of 700 jobs.
  • Caraco Pharmaceutical. DEGC facilitated tax abatements for a $14.5 million expansion of its Detroit factory and offices.
  • Marathon Petroleum Company LLC. DEGC facilitated brownfield incentives, property tax abatements, regulatory permits, and new workforce assistance for a $1.9 billion modernization of its refinery in Southwest Detroit. The investment supports 320 current employees and up to 60 new jobs.
  • Chrysler LLC. DEGC facilitated tax abatements for a $373 million expansion of its plant on the east side, supporting the retention of 400 jobs.
  • Arvin Meritor. DEGC facilitated tax abatements for a $15.9 million expansion of its plant in Southwest Detroit, projected to retain 200 jobs and up to 119 new positions.
  • Russell Street Investments. DEGC facilitated tax abatements for the $1.8 million renovation of a vintage building as a boutique hotel and restaurant.
  • D&H Medical Plaza LLC. DEGC facilitated brownfield tax incentives for a $18.4 million expansion of health-care facilities on the north side.
  • Hope Global. DEGC helped find a southwest Detroit location for the automotive supplier when it outgrew its old facility, bringing 50 new jobs to the city.
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500 Griswold St., Ste. 2200 Detroit, MI, 48226 Phone: (313) 963-2940 Fax: (313) 963-8839