Gov. Jennifer Granholm heads to Germany and Austria this Monday to persuade officials at seven international firms to invest in Michigan. The four-day investment mission of Granholm will also include a talk with DaimlerChrysler CEO Dieter Zetsche. The talk is aimed at convincing DaimlerChrysler to continue investing in Michigan.
Granholm said she hopes to close a few deals while she is in Europe, but she did not offer any further details. “We’re in competition in a couple of these with tough competitors both nationally and internationally,” she said, adding that location decisions would be made soon.
Granholm also said she will emphasize the state’s skilled labor force and its proximity to customers as well to high-tech research and development as Michigan strengths. In connection with her talk with Zetsche and other DaimlerChrysler officials, Granholm has this to say: “We’ll be saying to them, ‘This is home. We want you to stay home.’ “
DaimlerChrysler was reported to be considering selling its Chrysler Group, which is composed of Chrysler, Dodge and Jeep brands. However, James Epolito, the chief of Michigan Economic Development Corp., said, “It’s sheer speculation that if the company were sold to somebody else Michigan would be at risk.” Epolito will accompany the governor on the investment mission.
Chrysler merged with Daimler-Benz in 1998 to form DaimlerChrysler AG. Initially, it was deemed merger of equals however within a couple of years, it became apparent that the controlling partner is actually Daimler-Benz. Chrysler is known for its Sebring Convertible, its PT Cruiser and the Pacifica. Dodge, on the other hand, is made remarkable by the Viper, Caliber, and the Avenger. Jeep is famous for its Grand Cheerokee, Patriot and Compass models. Some of these vehicles are equipped with Airaid intakes and other quality auto parts.
Republicans called Granholm’s mission “another press junket” that will keep her away from Michigan during critical negotiations over the state’s $900 million budget crisis. “I hope the governor has fun in Germany,” Michigan Republican Party Chairman Saul Anuzis said. “I’m betting every announcement we hear of back home is already a done deal.”
Jenny McLane is a 36 year old native of Iowa and has a knack for research on cars and anything and everything about it. She works full time as a Market Analyst for one of the leading car parts suppliers in the country today. You can visit Airaid intakes for more information.