The Detroit Regional Partnership (DRP) secured 33 project wins, 5,200 jobs, and $2.4 billion in investment in the 11-county Detroit Region, according to the nonprofit economic development organization’s just released 2022 annual report.
“Interest in the Detroit Region from national and international companies remains extremely high and that’s reflected in our success last year,” says Maureen Donohue Krauss, president and CEO of the DRP. “We have a world-class region with top-tier talent, an innovative business ecosystem, phenomenal universities, and vibrant communities that offer a great quality of life.
“We are out there every day showcasing why this region is a premier destination for businesses to locate and thrive in and it’s paying off.”
The 2022 results are the DRP’s highest one-year totals to date.
The organization’s 2022 total economic impact, according to the report, is:
- Jobs created and supported: 17,278
- Increase in payroll: $954.7 million
- Investment and construction output $4.6 billion
- Pathway jobs: 4,957
- 2022 Project Wins:
- Deals closed: 33
- Direct jobs: 5,233
- Investment: $2.4 billion
- Direct payroll: $351.8 million
- Direct pathway jobs: 1,954
Last year, the DRP officials say they traveled more than 140,000 miles and participated in 60-plus trade missions, delegations, and conferences in 2022. It notched project wins in the autonomous and electric mobility, smart manufacturing, and tech sectors.
Key expansion and development projects included: Majorel in Detroit, Niagara Bottling in Shelby Township, Flo in Auburn Hills, Daejin in Adrian, Luxwall in Ypsilanti, and Our Next Energy in Van Buren Township.
In addition to the release of the 2022 numbers, DRP offered its new three-year strategic plan, which will guide the organization’s efforts through 2025. The plan builds off the organization’s original blueprint with three new significant efforts.
One is to develop a signature regional marketing campaign that positions the Detroit Region as a premier business and talent destination.
The second step is to focus on the three industries most likely to drive growth in metro Detroit — automotive and mobility, smart manufacturing, and professional services.
The third new effort is to establish DRP as the leading voice of business attraction in Michigan to inform policy discussions about the state’s global competitiveness.
“Nothing’s forever, or guaranteed, in business or economic development because the global competition is so intense,” Krauss says. “That includes this region’s leadership in automotive, logistics, and smart manufacturing. We need to continue to grow our regional economic development efforts and ensure we’re doing the work needed to stay globally competitive and create a more prosperous Detroit Region.”
To view the entire 2022 annual report, visit here.
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