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The Governor of Michigan named Rick Snyder has introduced a new term in the development arena which is “economic gardening”.
The meaning of “economic gardening” is to ultimately develop jobs through businesses that are already established in a region. Basically, employment is created by a myriad of businesses in a local community in the state.
Governor Snyder prefers applying the concept of economic gardening instead of handing out huge incentive packages to companies that will be relocating to the state of Michigan. One of the most prominent examples of economic gardening is the expansion of ADAC Automotive in the region of Muskegon.
The officials of the ADAC Company got together with contractors and had a groundbreaking ceremony which will ultimately establish a painting system for the business. The expansion by ADAC Automotive will also create approximately 130 brand new jobs for the residents in Muskegon, Michigan. The brand new facility will be 70,000 square feet as well. Economic gardening should be implemented in the local business sector according to the President of a local development agency in Muskegon. The President believes that economic gardening projects will boost the entire economy in the state of Michigan if it is adopted properly.
The painting line facility had an initial investment of approximately $20 million dollars for equipment and the building itself. The ADAC Company also creates a variety of plastic parts which are utilized by a variety of car manufacturers. ADAC Automotive also has nearly 700 of its 1,100 employees in the region of Michigan located in the Port City of Muskegon. The addition of the 130 jobs will also make ADAC Automotive the second biggest industrial employer in the region. The Mayor of Muskegon elaborates how the investment is going to be extremely beneficial to the entire community.
Overall, the economic gardening concept should be applied throughout the entire United States.
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