GREAT LAKES BAY REGION Regional Profile pg. 1 GREAT LAKES BAY REGION Area of Opportunity
TRAVERSE CITY
TORONTO
MILWAUKEE GRAND RAPIDS
LANSING
DETROIT KALAMA OO WINDSOR ANN ARBOR
CHICAGO
TOLEDO CLEVELAND
FORT WAYNE
INDIANAPOLIS
THE REGION Strategically located in the heart Comprised of 8 counties that work to Fortune 500 headquarters, in the of the Chicago/Detroit/Toronto together, the Great Lakes Bay Region heart of central Michigan, allows a Corridor, the Great Lakes Bay has access to all of the resources place to call home for over 12,000 Region provides an opportunity of you need to establish and grow your businesses. Consider joining us. talent, manufacturing and innovation business. A great diversity of lifestyles where global companies can succeed. and businesses, from entrepreneurs GREAT LAKES BAY REGION pg. 2 Target Industries
A D VA N C E D TOP THREE EMPLOYERS MANUFACTURING PER COUNTY We build - manufacturing is in our DNA! Automotive EMPLOYER # OF EMPLOYEES TYPE COUNTY technology is one of our top strengths, and the NEXTEER 5,300 Automotive Saginaw region is home to numerous manufacturing facilities, AUTOMOTIVE including Nexteer Automotive, a global leader in COVENANT 4,800 Medical Saginaw electric steering and driveline systems and two HEALTHCARE General Motors facilities. Additionally, specialized Chemical advanced manufacturing companies are located DOW 4000 Midland Manufacturing around the region covering a wide array of SAGINAW CHIPPEWA Service/ products including plastics, medical devices, and 3602 Isabella machine tools. INDIAN TRIBE Government MIDMICHIGAN 3244 Healthcare Midland HEALTH CHEMICAL PRODUCTION CENTRAL MICHIGAN 2693 Education Isabella The Great Lakes Bay Region is home to the world UNIVERSITY headquarters of the global powerhouses in the MORLEY COMPANIES, Display, Interactive 2,321 Saginaw chemical industry: Dow and Dupont. Both companies’ INC. Services, Travel strong commitment to the community and drive for MCLAREN- BAY Health Care 2,065 Bay success encourages an environment of innovation REGION Services and entrepreneurship throughout the region. Chemical DUPONT 1200 Midland Manufacturing
RENEWABLE ENERGY Silicone DOW 1,160 Bay As renewable technologies continue to develop around Products the world, the Great Lakes Bay Region continues to 930 Sugar Beet MICHIGAN SUGAR Bay stay ahead of the technology curve. We are proudly 2,000 seasonal Processing home to Hemlock Semiconductor, a global leader in the production of polycrystalline silicon, the raw DELFIELD 730 Manufacturing Isabella material for the solar and electronics industries. Other renewable technologies throughout the MIDMICHIGAN MEDICAL CENTER- 698 Healthcare Gratiot region include wind, biomass and geothermal energy. GRATIOT In addition, we are home to the state’s largest MID MICHIGAN 551 Education Clare wind farms. COLLEGE
AGRIBUSINESS MASONIC PATHWAYS 426 Healthcare Gratiot AVALON & TAHOE Agribusiness is a key part of the region’s makeup. 391 Manufacturing Gratiot In fact, agriculture accounts for approximately 47% MANUFACTURING of the 8 county region’s land use; most of which SAINT GOBAIN- 300 Manufacturing Gladwin includes the production of: dry beans, sugar beets, BEAVERTON corn, wheat, oats, livestock and dairy products. In MID MICHIGAN addition to farming, we’re home to some of the MEDICAL CENTER - 277 Healthcare Clare largest food processing plants, such as the Michigan CLARE NORTHERN Sugar Company, that supply goods to a wide range of 273 Transport Clare companies across the United States. LOGISTICS BROWN MACHINE 228 Manufacturing Gladwin
HEALTH SERVICES GLOBE FIRE 215 Manufacturing Arenac The Great Lakes Bay Region is a hub for state-of-the- SPRINKLER CORP. art healthcare facilities, medical research and training MIDMICHIGAN 187 Health Care Gladwin capabilities, including the CMU College of Medicine. HEALTH With specialties in the areas of neurosciences, cardiovascular health, neonatal, radiation oncology VANTAGE PLASTICS 150 Manufacturing Arenac and many other fields, our centers provide healthcare to nearly one third of Michigan. MAGLINE 100 Manufacturing Arenac pg. 3 GREAT LAKES BAY REGION Workforce
WORKFORCE 260,955 Source: EMSI
Total Working Age Population - 466,485 Employed - 246,467 AGE Not in Labor Force (15+) - 205,530 Unemployed - 14,488 DISTRIBUTION GROUP Labor Force - 260,955 Under 15 - 92,120
Source: EMSI
High School - 34.1% / 131,835 Bach. Degree - 13.8% / 53,288 EDUCATIONAL ATTAINMENT Some College - 23.6% / 91,245 Grad. Degree - 8.0% / 30,836 Assoc. Degree - 9.4% / 36,455
Source: EMSI
MAJOR 2019 JOBS INDUSTRY 2019 EARNINGS PER WORKER
31,109 Manufacturing $85,681
Other Services 13,316 $22,504 (except Public Administration)
11,997 Construction $55,726
6,314 Finance and Insurance $71,953
Transportation and 4,690 $61,149 Warehousing
Management of Companies 4,233 $165,799 and Enterprises
3,405 Educational Services $32,568
1,601 Utilities $143,464 Source: EMSI GREAT LAKES BAY REGION pg. 4 Workforce
2019 JOBS OCCUPATION 2018 MEDIAN HOURLY EARNINGS
Office and 32,455 $15.29 Administrative Support
24,394 Sales and Related $11.92
Food Preparation 20,909 $10.16 and Serving Related
20,846 Production $16.82
Healthcare Practitioners 15,646 $29.40 and Technical Transportation and 13,383 $14.62 Material Moving Education, Training, and 11,840 $22.16 Library
11,053 Management $38.88
Construction and 10,599 $19.79 Extraction Building and Grounds 10,214 $12.37 Cleaning and Maintenance Personal Care 10,208 $10.66 and Service Installation, Maintenance, 10,052 $19.42 and Repair
9,388 Healthcare Support $13.39
Business and Financial 8,639 $27.27 Operations Community and Social 4,506 $19.95 Service
4,501 Protective Service $18.31
Architecture and 3,298 $32.95 Engineering Arts, Design, Entertainment, 3,032 $17.18 Sports, and Media
2,993 Computer and $29.78 Mathematical
1,663 Farming, Fishing, and $12.81 Forestry
1,643 Life, Physical, and $28.42 Social Science
987 Legal $27.76
471 Military-only $19.39 Source: EMSI pg. 5 GREAT LAKES BAY REGION Affordability
AFFORDABILITY $ Source: Michigan 121,129 Realtors, 2018 Average Housing Cost
COST OF LIVING
Source: EMSI Great Lakes Bay State - 90.3 Nation - 100 Region - 88.5 The cost of living in the Great Lakes Bay Region is 11.5% lower than the national average, and 1.8% lower than the state average.
MEDIAN HOME PRICES
$ $147k 151k
$ $111k $109k 112k $99k $96k $92k
Source: National Association of Realtors, Q3 2018
Arenac County Gratiot County Bay County Isabella County Clare County Midland County Gladwin County Saginaw County
MIDLAND COUNTY: Tridge GREAT LAKES BAY REGION pg. 6 Affordability
GLADWIN COUNTY COUNTY: Main Street
ISABELLA COUNTY: Farmers Market GRATIOT COUNTY: Downtown
BAY COUNTY: Uptown Bay City pg. 7 GREAT LAKES BAY REGION Transportation
Convenient, affordable transportation is an advantage the Great Lakes Bay Region affords business owners and adventure seekers alike. By air, sea, rail or road, U.S. and global markets are easily accessible from the region!