Report: Other states trying to lure Dow Chemical away - WNEM TV 5

Report: Other states trying to lure Dow Chemical away

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MIDLAND, MI (WNEM) -

Several states are trying to entice Dow Chemical  to move out of Michigan, and according to reports, business leaders are worried the state won’t be able to fight back.

Bridge Magazine and Crain’s Detroit Business report that Dow management has talked to business leaders in the state about receiving the incentive offers to move.

But last week Dow spokeswoman Rachelle Schikorra downplayed the allegations.

“Dow has repeatedly expressed its commitment to the community of Midland,” Schikorra told Bridge and Crain’s Detroit Business. “The new materials science headquarters will remain in Midland. We’re building a new corporate center. You can see our commitment in steel in the ground.”

The news comes less than six months after the Midland giant announced it would merge with DuPont.

As part of the merger, Dow Chemical will also take back ownership of Dow Corning.

It’s still unclear what this means for the thousands of jobs in the Mid-Michigan area, although according to the reports, Schikorra said the 1,160 people who work at Dow headquarters will stay in Midland.

Although she was less confident about the thousands of others who work in other capacities in the area.

Back in February during an investor conference call Dow did announce a cut of 500 jobs.

TV5 is working this story and will bring you more as it becomes available.

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