Michigan Gov. Rick Snyder (R) will not run for president in 2016.

In a statement released Thursday, Snyder said he instead wants to focus his efforts on furthering Michigan’s development as a “comeback state.”

“I do not have plans to run for president in 2016,” Snyder said. “I will focus my attention on continuing Michigan’s reinvention. I will continue to tell Michigan’s comeback story nationally because our reinvention should not be unique to just our state.”

Last week, after several sources reported he would soon announce his candidacy, Snyder said he was considering running, but would make a formal decision within the “next couple of months or so.”

He told other sources he would make his decision after the special vote for Proposal 1, an initiative to improve roads and infrastructure by raising sales tax from 6 percent to 7 percent. Seventy-eight percent of Michigan voters rejected the proposal.

Snyder’s announcement comes days after former neurosurgeon and University alum Ben Carson announced his vye for the Republican nomination at the Detroit Music Hall.

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