Promising major tax cuts or speedier homebuilding, Michigan’s gubernatorial candidates explain how they would kickstart the state’s economy.
MI Corporate Subsidies
An enterprise project from March 2024.
Posted inBusiness Watch, Michigan Government
Bridge Listens: How economic, affordability issues are hitting Michigan
Bridge readers say the economy and affordability are big concerns this election cycle. We break down the facts, the trends and possible solutions.
Posted inBusiness Watch
Final home holdouts sell for $261M megasite; demos ramp up even without tenant
It’s curtains for a 90-acre neighborhood, as work accelerates on assembling a 1,300-acre site for a large-scale manufacturer in mid-Michigan. Boosters remain hopeful, but some residents and lawmakers are upset.
Posted inBusiness Watch
MEDC under fire, board silent following criminal charges against ex-member
A potential target in an ongoing criminal probe, MEDC CEO Quentin Messer said Tuesday he still has “the best job in economic development.”
Posted inBusiness Watch
Michigan loaned $35M to mobility center. Debt could cripple it, boosters say
Amid a backlash against public subsidies, Michigan seeks repayment of loan for autonomous testing site. Activists say the nonprofit is doing vital work to keep Michigan competitive.
Posted inMichigan Government
Michigan House slashes U-M, MSU funding in $76B budget
Michigan House Republicans worked late into the night to approve a $76 billion spending plan that includes steep cuts for the state’s biggest research universities.
Posted inBusiness Watch
A first for Michigan’s $2.4B SOAR business incentive program: New jobs
Companies say they’ve created 1,846 of the 14,559 jobs they originally promised in exchange for Michigan SOAR subsidies. They still have several years to meet their targets.
Posted inBusiness Watch
Neighborhood demolition to begin at $261M Michigan megasite despite holdouts
Dozens of homes are slated for demolition this month in Mundy Township. Some residents have refused to sell and move out of a neighborhood that officials want to raze for a potential large-scale development.
Posted inBusiness Watch
Homeowners ‘hijacked’ by Michigan megasite: Sell or live next to factory
In the shadow of Flint Bishop Airport, residents say they feel burned by a $261 million to lure a megafactory. A state lawmaker says the state ‘bankrolled a lose-lose situation.’
Posted inBusiness Watch
Genesee County leaders still bullish on megasite’s potential, despite setbacks
Manufacturing has cratered in the county since the early 1980s, and a huge site near Flint Bishop Airport could help ‘reverse decades of job loss and sluggish population growth,’ boosters say.