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.
MI Corporate Subsidies
An enterprise project from March 2024.
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.
Posted inBusiness Watch
Swartz Creek shoots down $40M offer to sell school for Michigan megasite
In another setback for economic development officials, Genesee County officials reject a deal to sell a school to assemble land for a huge project. Sandisk had eyed a multibillion-dollar semiconductor plant on the land.
Posted inBusiness Watch
Michigan: Gotion battery plant plan is dead after years of controversy
A proposed $2.4 electric vehicle battery plant near Big Rapids has been beset over by lawsuit and questions about its ties to Communist China. It’s the second big-ticket project to die in the past few months.
Posted inBusiness Watch, Michigan Government
Whitmer biz incentives may face chopping block as part of Michigan budget deal
Michigan funding for Gov. Gretchen Whitmer’s signature business incentive program would be eliminated and redirect to roads under a new plan from legislators attempting to avoid a state government shutdown.