Israel, as a close ally of the US, cooperates with Washington on many defense projects. According to the terms of American military assistance to Israel, most of the aid money must be spent in the United States ? and, as a result, Israeli and American companies collaborate on dozens of projects each year.
Which means that, for Israel, Michigan is one of the most important US states, according to Pam Lippitt of the Michigan-Israel Business Bridge (MIBB). ?Sixty percent of all US government defense contracts touch, in one way or another, Michigan?s Macomb Country,? Lippitt told the Times of Israel. ?Many Israeli companies end up working with companies in Michigan, although there is potential for much more.?
Formed in 2007, MIBB is a private organization that is considered one of the most important business development groups in the state; Michigan Governor Rick Snyder has MIBB officials? phone numbers on speed dial, and he is planning to visit Israel in June, to promote business ties and to speak at the President?s Conference. ?We?re not funded by the state, but we are hoping that at some point the government will be able to financially support our work,? said Lippitt. ?Building better business ties with Israel, a hotbed of innovation in so many areas, is very high on the to-do list of officials in Michigan.?
Michigan?s economy has a bit of an undeserved bad reputation, due mostly to the bad news about the auto industry in the past few years, and, of course, the financial woes of bankrupt Detroit. But you have to look beyond the headlines for the real story, said Lippitt. ?Michigan?s economy is coming back very strongly. The automotive industry?s epicenter is still in the Detroit area, in spite of all the shakeups that industry has gone through.
Read more at the Times of Israel?Building a bridge between Israel and Michigan | The Times of Israel.
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