News

FOR IMMEDIATE RELEASE: Business expansion, community revitalization project gain Michigan Strategic Fund approval

Category: Latest News

LANSING, Mich. – Projects expected to generate more than $113 million in total investment and create 330 jobs in Southeast Michigan gained approval from the Michigan Strategic Fund, the Michigan Economic Development Corporation announced today. “The Michigan Strategic Fund continues to help fuel new economic activity that strengthens and builds our communities while creating good
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New Investment Key to Building Aerotropolis in Wayne County

Category: Latest News

During the next five years, Brose New Boston Inc. will be investing $105 million and creating 300 jobs in Southeast Michigan, to produce new products and programs. To support the expansion, the Michigan Strategic Fund approved an increase to Brose's Michigan Business Development Program grant by $2.7 million, for a total of $6.95 million. "Brose's
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Visteon invests $5 million into American Center for Mobility

Category: Latest News

  Visteon Corp. is becoming the first tier-one automotive company to sponsor the American Center for Mobility at a founder level, with a $5 million investment. The American Center for Mobility is a non-profit that has successfully raised the $108 million needed to pay for the testing grounds, the news release said. Private investment was largely triggered by corporate
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French Autonomous Shuttle Company Brings Operations to the U.S.

Category: Latest News

  NAVYA, a self-driving shuttle manufacturer located out of France, has planned to develop its first U.S. plant. Vehicle production is scheduled to begin before the end of 2017, which will include an assembly plant located out of Southeast Michigan. The plant will produce 20 ARMA shuttles and employ at least 15 people. Though the
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