Tag: Detroit

Michigan Strategic Fund

MSF Supports Job Creation, Economic Growth Across Michigan

The Michigan Strategic Fund (MSF) recently approved projects including business expansions in Zeeland, Detroit, and Sterling Heights; community revitalization projects in Lansing.
Startup Ecosystems

Startup Ecosystems Are Everywhere

A tidal wave of venture capital is fueling a boom in startups around the world. Locations are racing to establish thriving startup ecosystems that make them magnets for unicorns.
GM Detroit-Hamtramck Unveils Factory ZERO

GM’s Detroit-Hamtramck Plant Named Flagship Facility For EV Production

General Motors will invest $2.2 billion to transform its Detroit-Hamtramck Assembly Center into an all-electric vehicle assembly plant, dubbed Factory ZERO.
Amazon Tech Hubs

Amazon Creating 3,500 Jobs In Tech Hubs Across The U.S.

The jobs will be created as Amazon invests more than $1.4 billion in expansions of its Dallas, Detroit, Denver, New York, Phoenix, and San Diego Tech Hubs.
Michigan Strategic Fund

Michigan Strategic Fund Projects Will Create More Than 740 Jobs

Business expansions, community revitalization projects will spur economic growth and extend Michigan’s leadership in automotive manufacturing and future mobility solutions.
FCA Michigan

Michigan Incentives Will Help FCA Create 6,433 New Jobs

Fiat Chrysler Automobiles' historic project will generate $4.5 billion in investment as it builds a new state-of-the-art assembly plant in Detroit and expands production at five existing Michigan facilities.
STEM skills

STEM Leaders: Moving To The Head Of The Class

The battle for America’s future as a global technology leader is being waged in locations that have initiated innovative programs to increase the number of graduates with STEM skills.
FCA

FCA To Create Nearly 6,500 Jobs With Michigan Expansion

Fiat Chrysler Automobiles will invest $4.5 billion to build a new assembly plant in Detroit and add production at five existing Michigan facilities
Michigan Central Station Ford Detroit Redevelopment

2018 Economic Development Deal of the Year: Bronze Award

Detroit’s iconic Michigan Central Station will be restored to greatness as the centerpiece of Ford’s new 1.2 million-square-foot Corktown campus and mobility hub.
Michigan

Michigan: Strong Partnerships, Stronger Growth

Michigan’s economic development team is working with more than 100 inter-local and corporate partners to develop growth strategies.
Mahindra MANA Southeast Michigan

MANA Opens New Southeast Michigan HQ, Manufacturing Facility

Southeast Michigan's first new OEM operation in more than 25 years is part of a $230 million investment in the region. By 2020, additional projects will result in 400 more jobs and another $600 million in investment
Detroit

Transportation Grants Help Create 880 Jobs In Metro Detroit

The TEDF grants, totaling more than $2.7 million, will help several companies expand in the region, resulting in private investments of nearly $279 million.
Michigan

Michigan: Flex-N-Gate Corp. Puts Plant in Detroit

The auto supplier will invest $95 million in a 500,000-square-foot production facility in the motor city, creating 650 new jobs.
Michigan University Research Corridor

Michigan’s URC Contributes $958M, 11,600 Jobs In Detroit

The University Research Corridor accounts for one in 20 Motor City jobs amidst continued recovery, according to a new report.
Detroit Flex-N-Gate

Flex-N-Gate To Create Up To 650 Jobs In Detroit

The Michigan Strategic Fund has approved a $3.5 million performance-based grant to help automotive supplier Flex-N-Gate open a $95 million plant in Detroit’s eastside I-94 Industrial Park.
Daimler-Trucks-Michigan

Daimler Trucks To Invest $375M to Bring New Engine Line to Detroit

Daimler Trucks will invest $375 million to enable production of its new DD5 and DD8 medium duty engines at Detroit™ brand headquarters and manufacturing facility in Redford, MI.
YFS-Automotive-Systems-Detroit

YFS Automotive Systems Investing $26.9M, Creating 160 Jobs In Detroit

YFS Automotive Systems, Inc. will build its second U.S. manufacturing facility in Detroit, creating 160 new jobs and investing $26.9 million in a new facility to design, test, and manufacture automotive fuel system components.

New American Lightweight Materials Manufacturing Innovation Institute Coming To Detroit

PM Environmental, Inc. acquires $1 million in funding to help revitalize abandoned auto company building into new American Lightweight Materials Manufacturing Innovation Institute.

Industry Focus: Automotive – Hitting On All Cylinders

From driverless cars to all-electric vehicles, the U.S. automotive sector is going into overdrive to meet the surging demand for new cars and prepare for our green energy future.

Ready to Roar

Detroit emerges from bankruptcy with its dignity intact.
2022 Deal of the Year

2022 Deal Of The Year: Impact Awards

The 2022 Deal of the Year Impact Awards recognize project investments that will have significant impact in their new or expanded locations, focusing on a specific aspect of the project.
2022 Deal of the Year

2022 Deal Of The Year: Platinum Award

Here are this year’s Deal of the Year award winners, starting with Platinum Winner Empire State Development, for Micron Technology's $100B investment in New York State.