Emerging Biz In Oakland County And Year-To-Date Report

Who is growing in Oakland County?
These companies from the county’s Emerging Sectors Program and Traditional Sectors Program made big strides
and grew the local economy, adding jobs and dollars in June 2009.

Emerging Sector Companies:

Myine Electronics of Ferndale
Investment for June ’09: $179,000
New Jobs: 6
Retained Jobs: 4
Sector: Advance Electronics

PCB Piezontronics of Farmington Hills
Investment for June ’09: $1,700,000
New Jobs: 40
Retained Jobs: 6
Sector: Advance Electronics

Raleigh Studios MI of Pontiac of Pontiac
Investment for June ’09: $80,000,000
New Jobs: 300
Retained Jobs: 0
Sector: Entertainment

Red Level Networks of Novi
Investment for June ’09: $20,000
New Jobs: 6
Retained Jobs: 14
Sector: Communications & IT

Traditional Sector Companies:

American Axle of Auburn Hills
Investment for June ’09: $10,200,000
New Jobs: 60
Retained Jobs: 0
Sector: Motor Vehicle Manufacturing

General Motors of Orion Twp.
Investment for June ’09: $650,00,000
New Jobs: 0
Retained Jobs: 1200
Sector: Motor Vehicle Manufacturing

General Motors of Pontiac
Investment for June ’09: $0
New Jobs:
Retained Jobs: 200
Sector: Motor Vehicle Manufacturing

Ralco Industries of Pontiac
Investment for June ’09: $6,400,000
New Jobs: 108
Retained Jobs: 50
Sector: Motor Vehicle Manufacturing

Additionally,
below is the Year-To-Date Emerging Sectors and Traditional Sectors
report listings both successful companies since the beginning of 2009
and a breakdown by year of how many new companies or retained companies
have passed through these programs since their inception in 2004.

YEAR TO DATE – EMERGING SECTOR SUCCESSES                     

                     
Emerging Sector companies new to Oakland County or courted by another area that decided to stay in Oakland County:

Year/Number of companies:
2009 — 19 companies
2008 — 38 companies
2007 — 31 companies
2006 — 20 companies
2005 — 8 companies
2004 — 4 companies
TOTAL COMPANIES SINCE INCEPTION: 120 

Emerging Sector Successes so far in 2009:

Communications & IT
Modern Professional Services, LLC – January
Razor Threat – January
GuestMVP – February
RIIS – February
Billhighway – March
Red Level Networks – June

Alternative Energy & Power Generation
Fisker Automotive — January
Patrick Engineering — February
Magna Electronics — March
Compact Power — April
Transonic Combustion — April

Advanced Electronics
Myine Electronics — June
        
Health Care & Life Sciences  
             
RG Medical Diagnostics — January

Advanced Electronics
PCB Piezotronics — June
            
Entertainment
Samer K Production — March
Raleigh Studios Michigan of Pontiac — June

Homeland Security
Secure-24 Inc. — March

JUNE 2009 YEAR TO DATE – TRADITIONAL SUCCESSES   

Taditional Sector companies new to Oakland County or courted by another area that decided to stay in Oakland County:

Year/Number of companies:
2009 — 6 companies
2008 — 2 companies
2007 — 14 companies
2006 — 7 companies
2005 — 9 companies
2004 — 8 companies
TOTAL COMPANIES SINCE INCEPTION: 66

Traditional Sector Successes so far in 2009:

Motor Vehicle Manufacturing
SG Technologies Inc. (Axles) — March
Katcon (Exhaust Units) — May
American Axle — June
General Motors – Orion Twp. — June
General Motors — Pontiac — June
Ralco Industries — June
     
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