2009 was a good year for the Capital region, which welcomed several important economic investments including the $550 million FRIB facility, the Technology Information Center (TIC) and IBMís move to East Lansing.
According to excerpts from the article:
While Michigan felt the pain of the highest unemployment in the nation, the bankruptcy of GM and Chrysler, a tanking housing market and a sharp slowdown in commercial sales, East Lansing could point to the following developments:
1.) FRIB, okay, Facility for Rare Isotope Beams. The $550 million Department of Energy-funded nuclear physics research facility will be a science facility dedicated answering complex questions about the structure of matter, about the stars, about basic elements on our plan, event how the planet came into existence.
Its practical benefits, as well: $1 billion economic impact over the first decade, 180 new jobs for scientists, 5,800 one-year construction jobs, 220 spin-off jobs.
Read the entire article here.