Michigan's Medical Main Street generates $21 million investment, 600 jobs

MLive.com - December 28, 2010

Michigan's Medical Main Street in Oakland County had a strong 2010 as six life science companies located or expanded their operations in Oakland County, generating new investment of more than $21 million and creating or retaining about 600 jobs.

The 2010 investment is four times the $5.2 million investment pledged by four Medical Main Street companies in 2009.

"Medical Main Street continues to show phenomenal growth," Oakland County Executive L. Brooks Patterson said. "I'm convinced over the years it will make Oakland County and Southeast Michigan a destination for excellence in health care and the life science industries."

The 2010 Medical Main Street companies, their Oakland County location, planned investment, and total jobs created or retained, are:

• Royal Oak Medical Devices – Oxford, $4 million, 21 new jobs
• PRISM – Troy, $40,000, 2 new jobs
• Oxus – Rochester Hills, $2.5 million, 31 new jobs
• CJPS Medical Systems – Auburn Hills, $7.5 million, 100 new jobs, 2 retained jobs
• Henry Ford Health Systems (Tech Office) – Rochester Hills, $5 million, 150 new jobs, 300 retained jobs
• Oxid Corp. – Novi, $4 million, 25 new jobs, 40 retained jobs

 

Job creation is slowly coming back if the damned government get the hell out of the way.