Oakland County’s Emerging Sectors® business development and attraction strategy recognizes the importance of advanced technologies to ensure the continued growth and development of business. Emerging Sectors includes high-tech fields as:
- Advanced Electronics
- Advanced Materials
- Alternative Energy
- Communications & IT
- Defense & Homeland Security
- Film & Digital Media
- Finance, Insurance & Real Estate
- Medical Main Street
The strategy envisioned by Oakland County Executive L. Brooks Patterson in 2004 emphasizes the creation and retention of jobs while expanding and diversifying the employer base, as well as attracting international companies to the North American marketplace.
Hundreds of companies have expanded or relocated to Oakland County as part of the Emerging Sectors initiative. These companies have generated investment of nearly $2 billion, created or retained more than 34,000 jobs, and added millions of dollars in tax revenue for the county since the program began.