Michigan Business News

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Construction site of Gotion High-Tech battery factory in Michigan
Michigan Business News

Michigan Cancels $100 Million in Funding for Gotion Battery Factory

News Summary The Michigan Economic Development Corporation (MEDC) has canceled over $100 million in state funding for Gotion High-Tech’s proposed battery factory project. Originally projected to create 2,350 jobs, the decision comes amid local governance disputes and accusations regarding the company’s ties to the Chinese Communist Party. Gotion has been

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Premier Care LLC nursing home facility interior
Michigan Business News

Layoffs Loom for Nearly 100 Employees at Premier Care LLC

News Summary Premier Care LLC, a nursing home in Bloomfield Hills, Michigan, faces layoffs affecting 94 employees, as reported to the state labor department. The decision, linked to challenges in the healthcare sector, raises concerns about job security and the impact on resident care. As staffing shortages and financial strains

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A picturesque view of Sakura Novi with cherry blossoms and a tranquil pond
Michigan Business News

Novi Unveils Sakura Novi: Michigan’s First Asian-Inspired Development

News Summary Novi, Michigan, proudly opens Sakura Novi, a mixed-use development that celebrates Asian culture. Featuring Sakura Gardens, a Japanese-inspired park, the project transforms a vacant site into a vibrant hub for community interaction and cultural experiences. With over 130 townhomes and plans for various Asian restaurants and shops, the

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Illustration of a Michigan electric vehicle battery plant in a natural landscape.
Michigan Business News

Michigan Seeks $23.6 Million from Gotion Inc. Following Plant Shutdown

News Summary Michigan is pursuing $23.6 million in incentives from Gotion Inc. after the company’s electric vehicle battery plant project near Big Rapids was abandoned. The state found Gotion in default for not conducting eligible activities for over 120 days, leading to the return of grant funds. Local residents opposed

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View of an abandoned electric vehicle battery plant construction site with vegetation growing over unused machinery.
Michigan Business News

Michigan to Recover $24 Million from Gotion Inc. After Project Abandonment

News Summary Michigan is seeking to recover nearly $24 million from Gotion Inc. after the company abandoned plans for an electric vehicle battery plant. With state officials emphasizing fiscal responsibility, they aim to protect taxpayer investments. Gotion has been declared in default for halting eligible activities at the project site

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Construction site for the Gotion Inc battery plant project in Michigan.
Michigan Business News

Gotion Inc.’s $2.36 Billion Battery Plant Project Terminated

News Summary The Michigan Economic Development Corporation has officially terminated Gotion Inc.’s planned electric vehicle battery parts plant project in Big Rapids. The project, which was to be a $2.36 billion investment, aimed to create around 2,350 jobs. The state cited Gotion’s defaults on agreements as the reason for termination,

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Aerial view of an abandoned electric vehicle plant site in Michigan
Michigan Business News

Michigan Seeks to Recover $23.6 Million from Gotion Inc.

News Summary Michigan state officials are taking action to recover $23.6 million in incentives from Gotion Inc. after the company abandoned its electric vehicle battery plant project. The project, initially supported by Governor Gretchen Whitmer, promised to create over 2,000 jobs. However, local opposition and legal challenges hindered progress, prompting

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Courtroom scene depicting a Fortnite lawsuit
Michigan Business News

Epic Games Files Lawsuit Against Fortnite Players for Fraud

News Summary Epic Games has filed a lawsuit against Ayob Nasser and Idris Nahdi for allegedly using automated bot accounts to manipulate player engagement metrics in Fortnite. The lawsuit, initiated on October 7, 2024, claims the duo created over 20,000 fake accounts to boost their island’s traffic for monetary rewards.

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Michigan natural landscape with wildlife and fishing activities
Michigan Business News

Michigan Senate Votes to Raise Hunting and Fishing License Fees

News Summary The Michigan Senate approved a significant increase in hunting and fishing license fees for the first time in over a decade, with residents facing hikes to $150 for complete licenses while nonresidents will pay $450. This legislative move aims to generate millions for natural resource management amid opposition

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Restaurant workers in a vibrant atmosphere celebrating new tax exemptions.
Michigan Business News

Michigan Enacts Tax Exemptions for Workers

News Summary Governor Gretchen Whitmer has signed a law exempting tips, overtime pay, and Social Security income from Michigan’s income tax for 2026-2028. The law intends to alleviate financial burdens for around 300,000 workers, providing an average tax saving of $400 annually just from tips. This legislation aligns with recent

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