Tag: Michigan Economic Development Corporation
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.
Michigan Lands Ford’s New $3.5B LFP Battery Plant
Ford will build an LFP battery plant in Marshall, MI, part of the company’s more than $50 billion investment in EV production. The plant will employ 2,500 workers when production begins in 2026.
Michigan Lands $4.1B In Investments, 4,600 Jobs
Michigan Strategic Fund will help growing companies build batteries and bring supply chain to the U.S. Infrastructure project will boost the state's agriculture industry.
Advanced Manufacturing Sites
Manufacturers are seeking cutting-edge locations for their state-of-the-art production lines and processes.
Michigan Infrastructure Project Supports Semiconductor Growth
The Thomas Township infrastructure project will enable Hemlock Semiconductor Operations (HSC) to invest up to $375 million and create 170 jobs.
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.
Foreign Direct Investment: A Foreign Affair
States are vying to attract foreign direct investment funds as cross border investments pump much needed funds into local economies.
LG Energy Solution Will Invest $1.7B In Michigan Expansion
LGES will expand its Holland, MI plant to produce components for electric vehicle batteries, resulting in the creation of 1,200 new jobs.
Historic $7B General Motors Investment To Create EV Future In Michigan
GM project will create 4,000 and retain 1,000 jobs, and includes converting GM Orion Township assembly plant to build full-size EV pickups; building Ultium’s 3rd US battery cell plant in Lansing.
The Automotive Industry: The Road To Everywhere
While we are still deep in the drive toward technical and autonomous, what’s old is new and what’s mine is yours when it comes to next year’s auto trends.
Michigan Governor: “Our State Will be Competitive.”
Michigan Governor Gretchen Whitmer lauds bi-partisan agreement to attract interest in the state.
SK Siltron Investing $302M In Michigan Semiconductor Wafer Plant
In support of electric vehicle growth, the semiconductor wafer manufacturing and R&D facility will bring 150 jobs to Monitor Township, MI.
Pace Industries Relocates HQ To Michigan
Die casting manufacturer Pace Industries will invest nearly $2 million to move its headquarters from Arkansas to Novi, MI, creating more than 60 high-wage jobs.
GM Investing $40M At Pontiac, MI Stamping Plant
General Motors will renovate its existing Pontiac, MI facility and install new flexible fabrication technology to support future electric vehicle production.
Michigan Governor’s Report: Standing Tall At The Crossroads Of Calamity
When a foreign pandemic invaded Michigan a year ago—and a virulent domestic pathogen threatened to topple the state government—Governor Gretchen Whitmer stood her ground.
Projects Bring 279 jobs, $27.2M In Investments To Ann Arbor Region
With their expansions in Ann Arbor, MI, healthcare tech company Workit Health will create at least 179 jobs and software provider Nexient will add 100 jobs.
Gerber Products Investing $36M In Michigan Expansion
The baby food maker will expand its Fremont, MI manufacturing facility, creating 50 new jobs in the process.
Michigan Teams Up To Help Small Businesses Impacted By COVID-19
Entrepreneurial support organizations and the Michigan Economic Development Corporation have joined forces to help small businesses overcome loss from the COVID-19 virus.
2019 Economic Development Deal Of The Year
We received nominations for projects in nearly two dozen states for our 2019 Deal of The Year awards. Our all-star panel of judges has spoken, so it’s time to reveal their picks for our top three prizes (and nine honorable mentions).
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.