Printer Friendly

CONSUMERS POWER PROMOTING EXPORT MARKET IN MICHIGAN

 JACKSON, Mich., Jan. 27 /PRNewswire/ -- Consumers Power Company commends Gov. John Engler's call for a new jobs creation initiative in last night's "State of the State" message and today is announcing a complementary targeted program to build upon past successes in encouraging Michigan businesses to export overseas.
 "As the state's largest utility, we have an abiding interest in Michigan's continued growth and strongly support the governor's creation of new programs to promote the state's economy," said Consumers Power Senior Vice President John W. Clark. "The governor's proposals are an important expansion of the traditional economic development partnership between the state's public and private sectors."
 "Consumers Power stands ready to join with other leading Michigan businesses, universities and individuals in forging the governor's economic development initiative," said Clark. "A Michigan Jobs Team, drawn from the state's employers and government, will complement the bold reforms the governor has consistently championed to improve Michigan's business climate."
 Clark highlighted the long-standing leadership role played by Consumers Power in Michigan's economic development, including:
 -- An active economic development department since 1950 involved in attracting jobs and industry to Michigan.
 -- Active participation on key economic development and job creation task forces, such as the Michigan Business Partnership, the Business Attraction and Expansion Council (BAEC) of the Greater Detroit Chamber of Commerce and through active local participation on community economic development boards throughout Michigan.
 -- Joint participation with the Michigan Department of Commerce in promoting the state at leading industrial shows, including international events, such as the world's largest industrial exposition in Hannover, Germany.
 -- Creation of more than 20 videotapes promoting Michigan and the communities served by the utility for industrial development, most recently demonstrated by the release of "I-94, The Quality Corridor," targeted at attracting Japanese companies to the state.
 Consistent with the governor's emphasis on teamwork, Consumers Power has initiated a major new export program, "Export Success."
 "This program capitalizes on the fact that Michigan ranks fifth in the country in exports, with a total of more than $21 billion in 1991 in overseas sales. Much of the growth in the Michigan economy in recent years is due to exports," said Clark. For every $1 million in increased export sales, approximately 20 new Michigan jobs are created, according to the U.S. Department of Commerce. Export sales account for 6.3 percent of the state's work force.
 "Export Success" is aimed at Michigan companies with lines of products known to be in demand in world markets. These include materials handling, instruments, process controls, environmental control and remediation products, automation equipment and specialized machinery.
 "'Export Success' is modeled after Consumers Power's study of successful European programs for small and medium size companies, particularly the concept of several companies working together to foster exports. This is an established European practice, one that is accepted and respected by business," said Clark. "We are extremely excited about the governor's initiatives and the role that Consumers Power can play, in partnership with the state of Michigan, in helping to grow the state's economy into the 21st century."
 Consumers Power Company, the principal subsidiary of CMS Energy Corporation (NYSE: CMS), is Michigan's largest natural gas and electric utility serving almost 6 million of the state's 9 million residents in 67 of the 68 Lower Peninsula counties.
 -0- 1/27/93
 /CONTACT: Charles E. MacInnis, News and Information, Consumers Power Company, 517-788-0333/
 (CMS)


CO: Consumers Power Company ST: Michigan IN: UTI SU:

SB -- DE026 -- 9862 01/27/93 16:20 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jan 27, 1993
Words:577
Previous Article:COMAIR PILOTS REJECT TENTATIVE AGREEMENT
Next Article:CONTROVERSY SURROUNDS NEW WHITE HOUSE SNACK
Topics:


Related Articles
CPCO NAMES NEW RATES DIRECTOR
YOUTH WORK PROGRAM RECEIVES BOOST AS CONSUMERS POWER COMPANY LEASES TIPPY DAM CONFERENCE CENTER TO STATE OF MICHIGAN
CONSUMERS POWER ORDERED TO STOP PROPOSAL C CONTRIBUTIONS
CONSUMERS POWER CHAIRMAN WARNS AGAINST ENERGY TAX
CONSUMERS POWER ANNOUNCES NEW POWER PLANT MANAGERS
CMS ENERGY'S CONSUMERS POWER UNIT ELECTS MICHAEL MORRIS PRESIDENT AND CHIEF EXECUTIVE OFFICER
CONSUMERS POWER ANNOUNCES EXPORT PROGRAM GRADUATES
MICHAEL MORRIS ELECTED TO CMS ENERGY'S BOARD OF DIRECTORS
CONSUMERS POWER CONTRIBUTES $5,000 TO MICHIGAN FFA
CONSUMERS POWER FORMS CMS RENAISSANCE, A MICHIGAN NONPROFIT

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters