The state will use a $250 million grant to buy property for the megasite, which officials said is likely to reach 1,300 acres. Looming federal funding deadlines for large advanced manufacturing factories are prompting urgency.
Business Watch
Covering the intersection of business and policy, and informing Michigan employers and workers on the long road back from coronavirus. Our Michigan Economic Dashboard shows key metrics that show how the state is performing.
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Cruising the Great Lakes: 20,000 passengers expected to set sail in '24
Ponant’s Le Champlain joins the lineup of cruise ships operating in Michigan this year. Six cruise lines with eight ships operate in the Great Lakes.
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Michigan’s largest egg farm lays off 400 workers amid bird flu outbreak
Herbruck’s Poultry Ranch is the first commercial egg farm in Michigan to have to destroy its chicken flocks after an outbreak of ‘bird flu.’ It may be a sign that egg prices will climb again.
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Steep tariffs may block Chinese threats to Michigan's growing EV industry
Electric vehicles, EV batteries and semiconductors from China all face new costs if sold in the U.S. as Biden administration attacks ‘artificially cheap products.’
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Michigan has plenty of jobs. Too bad workers find so many boring, study finds
Michigan has a persistent worker shortage, but many are in fields that workers consider dead dull, according to an MSU study that could close the gap in skills training.
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Hudson’s deal, RenCen renew debate about corporate subsidies in Detroit
The likely struggle of the Hudson’s Detroit project to meet projected Detroit jobs and revenue is the latest large-scale project fueling the debate over the structure of tax-incentivized development.
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Michigan union workers OK strike against Stellantis over health concerns
The UAW is negotiating for changes at the Warren Stamping Plant, where workers say better ventilation and protective equipment are needed.
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U-M seeks to bring jobs to Detroit with a $250M innovation center
U-M’s Center for Innovation will house graduate-level programs and workforce development programs for Detroiters. Merging the two will also create a place for industry, its new director says.
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Lakeside Mall to close July 1, paving way for $1 billion redevelopment
Developers are banking that the massive mall can be retooled with 2,800 apartments, a hotel, restaurants and ‘Main Street’ style sidewalks. It’s perhaps Michigan’s largest and most ambitious remaking of a troubled mall.
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Analysis: GM move from Ren Cen a ‘loser’ for Detroit coffers after subsidies
Detroit will not see a net gain in new jobs or local tax revenue for the estimated 850 GM RenCen employees.