Wednesday, August 15, 2007

Oakland County, Michigan Looks to Swedish Investment

Oakland County would like to expand on the 17 Swedish companies already doing business in Oakland County, said Maureen Krauss of Oakland County Planning and Economic Development.
"Oakland County has been very active in the Swedish market," said Krauss, who also is on the board of directors of the Swedish-American Chamber of Commerce. County representatives have traveled to Sweden several times.

"We have some good relationships and some good companies in Oakland County," Krauss said.

"We think it's a great market because they're very advanced in biotech and alternative energy. They like looking to the U.S. for opportunities for expansion."

There are now 840 foreign companies doing business in Oakland County, according to the county's economic development office.

Read more here.

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