$13B Stellantis expansion plan includes new jobs for Michigan

$13B Stellantis expansion plan includes new jobs for Michigan

Stellantis says it will invest $13 billion over the next four years to expand its manufacturing capacity in the United States, a move that the automaker says will increase its domestic vehicle production by 50% and add more than 5,000 jobs. The world’s fourth-largest carmaker said Tuesday the investment will support the introduction of five new vehicles, […]

Michigan megasite plan sparks $40M school uproar after Sandisk exit

Michigan megasite plan sparks $40M school uproar after Sandisk exit

  SWARTZ CREEK — Michigan’s deal to lure a semiconductor plant may be dead, but the fight to assemble 1,300 acres to lure a big-ticket business here lives on — and it’s dividing a community. One month after Sandisk pulled out of a deal to build a $63 billion plant, an economic development group working with Michigan is still buying […]

Amid Trump tariffs, a ‘burst of optimism’ for one Michigan manufacturer

Amid Trump tariffs, a ‘burst of optimism’ for one Michigan manufacturer

Steel wire manufacturer says tariffs have boosted business for his operations in Michigan: ‘The math has just totally changed’ President Trump’s tariffs on steel, aluminum, autos and other foreign products have been aimed at boosting domestic manufacturing Critics argue the president’s trade strategy is raising costs for consumers and causing uncertainty for small businesses  For […]

Poll: Tariffs, grocery costs have Michigan residents sweating economy

Poll: Tariffs, grocery costs have Michigan residents sweating economy

Michigan voters increasingly say the economy is weakening, according to a new poll by the Detroit Regional Chamber Voters fear that tariffs are to blame for higher costs of staples such as groceries Support for the tariffs and concern about the economy are split among party affiliations Nearly 60% of Michigan voters believe the economy […]

After Gotion and SOAR, Michigan eyes overhaul of corporate subsidy strategy

After Gotion and SOAR, Michigan eyes overhaul of corporate subsidy strategy

With the end of SOAR and cuts to job-growth funding, lawmakers say they will retool economic development incentives by year-end. The effort follows ‘bad deals’ as the state pledged billions to jobs that barely materialized Officials expect to reward a wider group of businesses with no more up-front payments LANSING — Lawmakers may seek to overhaul […]

Lawmakers: Michigan needs to disclose details of failed Gotion deal

Lawmakers: Michigan needs to disclose details of failed Gotion deal

Lawmakers demand answers from a failed, $175 million deal with EV battery maker Gotion Steps are underway to recoup $23.5 million in taxpayer funding, but it’s unclear what the money was spent on. Questions about how the deal unwinds also include whether the state can foreclose and regain the 270 acres it bought.LANSING — Michigan […]

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