Oakland County Executive L. Brooks Patterson today announced the Emerging Sectors® business attraction and retention strategy he created in 2004 to diversify the county’s economy has surpassed $4 billion of total investment.

The strategy had four successes in June totaling $367 million of new investment, resulting in more than 1,700 new and retained jobs. When combined with figures since inception in 2004, the program has 450 business successes resulting in total investment of $4.3 billion; 44,562 new jobs and 29,920 retained jobs. A success is a company that is either new to Oakland County or expanded here when it considered moving to another state or country. Patterson said the strategy is responsible for new investment in the county, on average, of $915,000 every day for 13 years.

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