Why Oakland County, MI? Opportunity is Everywhere

• Oakland County is the epicenter of the global auto industry, including over 1,000 foreign-owned firms from 39 countries:
  • 2018 Map of Foreign Owned Firms in Oakland County
• Over 90 aerospace firms call Oakland County home due to its vast advanced manufacturing infrastructure and resources, including: logistics/supply chain expertise, skilled manufacturing supplier tiers, robust tool and die infrastructure, and MRO
• 9 of the 10 largest aerospace/defense R&D firms have a presence in Michigan
• 57% of all FORTUNE 500 companies have at least one business location here
• 76 of the top 100 tier one automotive companies are in Oakland County
• All 12 global OEMs have research facilities here
• Proximity to customers and unparalleled opportunities to sell in the North American market. Our companies export more than $14B annually. We export more than 23 other states.

Top Industries

1. Automotive/Mobility
2. Information Technology
3. Advanced Manufacturing
4. Health Care

An Export Hub to North America

Locating in Oakland County gives companies access to not only the U.S. market but also to Canada and Mexico—our companies export more than $14.5 billion annually.

Foreign-Owned Suppliers

Oakland County’s top foreign-owned OEM suppliers come from:

• Japan
• United Kingdom
• China
• Germany
• South Korea
• Canada
• France

Skilled Workforce

• Educated Residents - Nearly 57% of Oakland County residents have an associate degree or higher, and 46% have a bachelor’s degree or higher.
• Michigan ranks 3rd nationally in terms of total engineers with more than 115,000 working in the state.
• More than a quarter of all engineers (nearly 30,000) working in Michigan work in Oakland County.
• Colleges and Universities—Michigan colleges and universities graduate more than 10,000 engineers and engineering technicians each year, including: University of Michigan, Michigan State University and others.

Innovation Powerhouse

Research and Development Hub
With more than $12 billion spent, Michigan ranks fourth in U.S. for private spending on R&D

Automotive Industry
76 of the top 100 tier one automotive companies are in Oakland County

Patents
Oakland County ranks ninth among all U.S. counties in new patents with 1,300 issued annually, and the region was awarded the first U.S. Patent Office outside of Washington D.C.

Industrial Designers
With more than 19,000 workers employed as industrial and commercial designers or industrial engineers, the region has the highest concentration of both occupations in the U.S.

OEM Suppliers
More than 70% of Michigan’s OEM parts suppliers are based in Oakland County

Sources: U.S. Census Bureau, ACS 5-year estimates, 2015; U.S. Bureau of Labor Statistics; U.S. Patent and Trademark Office; U.S. Department of Commerce, ITA