Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. Detroit articles below.
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
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.
The University Research Corridor accounts for one in 20 Motor City jobs amidst continued recovery, according to a new report.
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, 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.
PM Environmental, Inc. acquires $1 million in funding to help revitalize abandoned auto company building into new American Lightweight Materials Manufacturing Innovation Institute.
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.
In this year’s Metro Rankings Report, we’ve taken note of the crucial role exports are playing in the Recovery for many locations by charting their success in two of our rankings categories, Exports Growth Leaders and Exports Recovery Leaders. We've also included our Global Rankings within this story.
Employment at the company's plant, which is located in the Detroit suburb of Wixom, is expected to grow to more than 120 within the next 12 months.