The Michigan Strategic Fund Board approved a new, reduced plan for incentives directed at Ford's BlueOval battery plant, currently under construction in Marshall, after the auto maker slashed nearly $1 billion in what it plans to spend on the project and downsized the scope of job creation the sprawling plant is expected to generate.
The Michigan Strategic Fund Board voted Tuesday to approve a $5 million grant to the Troy-based company Gestamp North America, which is seeking to expand its metal auto parts manufacturing operation in Michigan with a new facility in Macomb County and updates to facilities in Lapeer, Washtenaw and Ingham counties.
Michigan is leading the country in the number of clean energy projects backed by federal Inflation Reduction Act dollars.
EAST LANSING – Atesteo, a German drivetrain testing company, stepped into Michigan's automotive history with the grand opening of their North American headquarters in East Lansing Thursday morning.
A panel of state agency leaders moderated by Department of Environment, Great Lakes and Energy Director Phil Roos discussed the implementation of Michigan's climate policy goals at the MI Healthy Climate Conference on Thursday.
The Strategic Fund Board unanimously approved a $50 million grant from the Strategic Site Readiness Program for developing a copper mine in the western Upper Peninsula during its Tuesday meeting.
Governor Gretchen Whitmer's main strategy to attract large-scale new economic investment in Michigan is the subject of intensifying debate in the Legislature, but it's unclear whether that strategy might simply expire soon after the 2024-25 fiscal year concludes about 18 months from now.
To become a Top 10 state, Michigan's economy and housing market need significant investments, officials told a House panel on Thursday.
A company manufacturing solar panel components has chosen to locate in Michigan and is set to receive millions in incentives after approval Tuesday from the Strategic Fund Board .
A pair of Republican senators sent a letter Tuesday to the head of the Michigan Economic Development Corporation requesting a halt to any state grant money for Gotion, citing national security concerns they and other project opponents have been voicing for months.