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Morley Companies to Add up to 911 Jobs Over the Next Five Years

15 Growing Businesses Choose Michigan Over Competition

LANSING (February 15, 2011) -- The Michigan Economic Growth Authority (MEGA) Tuesday approved tax incentives for 15 companies choosing to expand or locate in Michigan, as well as two brownfield redevelopment projects.

Those incentives included a project for Morley Companies, Inc., which plans to amend a Standard MEGA incentive it received in December 2009 for the opportunity to expand in Saginaw Township to accommodate new contracts. The company plans to invest an additional $7.7 million and create an additional 911 direct new jobs.

Established in 1863, Morley Companies earned acclaim as the second-largest hardware company in the country. For the past 40 years, the company has provided group travel, business theater, research, exhibits, displays and performance improvement services to a diverse group of Fortune 500 clients.
http://www.morleynet.com/index.html  

“We’re so pleased that Morley Companies continues to invest and add jobs in the Great Lakes Bay Region. It’s been a great team effort with Saginaw Township and the MEDC providing incentives to support a competitive business case. It’s enabled Morley to compete and win new business for their company and as a result, the entire region wins!”

The estimate the for all of the 15 projects will generate up to $205.2 million in new private investment, adding or retaining a projected 4,022 jobs.

“The reinvention of Michigan starts with great companies expanding their operations here and today’s actions demonstrate our ability to attract new business opportunities, both traditional and leading-edge, across a wide variety of industries,” said Michael A. Finney, President and CEO of the Michigan Economic Development Corporation (MEDC).

“As today’s actions show, we at the MEDC are working with regional economic-development groups from across Michigan to make the expansions of these companies a strong first step in their success.”

For the complete list of companies, with descriptions, receiving MEGA tax incentives, please go to
http://themedc.org/Press-Releases/15-Growing-Businesses-Choose-Michigan-Over-Competing-States-and-Nations/  

Established in 1992, Saginaw Future (SF) is a public-private alliance of local businesses, the County of Saginaw, City of Saginaw, 16 local municipalities and the Saginaw County Chamber of Commerce. SF’s strategic partners also include education, labor and government. Since its beginning, SF has remained dedicated to fostering quality job creation through expansion of local industry and attraction of new business projects to the community.

For more information, please contact Greg LaMarr, Communications Manager for Saginaw Future, at 989-757-2104, e-mail
glamarr@SaginawFuture.com or go to www.SaginawFuture.com

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