Months after Sandisk withdrew plans for a semiconductor plant near Flint Bishop Airport, demolitions continue to assemble the megasite — even without a clear occupant.
MI Corporate Subsidies
An enterprise project from March 2024.
Posted inBusiness Watch
Gotion: Green Township owes us ‘significant monetary damages’ for failed deal
The electric battery company is blaming the Mecosta County community for the collapse of a once-ballyhooed project, filing court papers indicating it may seek ‘significant monetary damages.
Posted inBusiness Watch
Michigan OKs $605M for Grand Rapids high rises, Kalamazoo courthouse rehab
The bulk of the subsidies are to a development near the Grand River led by members of the powerful DeVos and VanAndel families. Advocates say they’re an important project. One critic says the deal was rushed.
Posted inMichigan Environment Watch
Michigan lawmakers unveil plan to repeal data center tax breaks
As a wave of new data center proposals prompts growing controversy in Michigan, two lawmakers are pushing legislation to repeal the tax breaks that have lured the industry to the state.
Posted inBusiness Watch
Ford retreats from EVs after Michigan spends big on subsidies for battery plants
After losing billions, the automaker is downsizing its EV strategy and expanding into energy storage. That means big changes to production at the planned $3.5 billion BlueOval Battery Park in Marshall.
Posted inBusiness Watch
Lawmaker: Stop demoing houses on Genesee County megasite without a deal
Michigan budgeted up to $31.6 million to clear land it bought for a megasite, in part by tearing down houses. One lawmaker says that’s a waste.
Posted inMichigan Government
With clock ticking on 2025, Michigan officials eye biz incentives deal
Michigan lawmakers and Gov. Gretchen Whitmer hope to reshape the state’s economic development strategy by year’s end. Time is short for a bipartisan deal.
Posted inBusiness Watch
Hope, anger on display at town hall as $261M megasite forges ahead near Flint
About 200 gather for a town hall hearing about what’s next for Mundy Township after Sandisk’s plans for a semiconductor collapsed.
Posted inBusiness Watch
Lawmakers: Michigan needs to disclose details of failed Gotion deal
The EV battery company was asked to return $23.5 million to the state, but other questions remain, a House committee heard Wednesday. Among them: what was the money spent on?
Posted inBusiness Watch
After Gotion and SOAR, Michigan eyes overhaul of corporate subsidy strategy
With failure of large-scale incentives, Lansing now looks to what could be effective job-growth tools.