The Dow innovation center investment serves as the latest example of Dow’s long-term commitment to investing and growing in Michigan’s Great Lakes Bay Region. In the last 10 years, Dow and its regional development partners, have driven more than $400 million of investment and downtown economic redevelopment in the Great Lakes Bay Region, home to the company and its nearly 13,000 employees and contractors. Investments include nearly 1 billion sq. ft. of real estate, including a new global headquarters scheduled to open in 2017; a new regional airport; a world class hotel and other accommodations; new, cutting edge STEM schools that are developing the next generation of chemists, biologists, and physicists; and more.
Dow has created more than 6,000 jobs in the United States in the last four years, with a significant portion of that job creation resulting from manufacturing investments in the U.S. Gulf Coast, where Dow is currently investing more than $6 billion, which will result in approximately 500 new Dow jobs while employing approximately 7,000 workers during peak construction and ultimately supporting more than 3,500 jobs in the broader U.S. economy.
