News Summary Plans for a major semiconductor manufacturing plant near Flint, Michigan, have been canceled due to economic uncertainties, as announced by Governor Gretchen Whitmer. The proposed facility was expected to create around 9,400 permanent jobs and was part of an ambitious project known as ‘Project Grit.’ Despite substantial financial
News Summary Sandisk Corporation has officially canceled plans to build a semiconductor factory in Mundy Township, Michigan, which was expected to create 10,000 jobs. The decision is attributed to national economic instability and uncertainties in federal policies. The megasite, covering 1,194 acres, had initially promised significant investment towards Michigan’s economic
News Summary Sandisk Corporation has canceled plans for a semiconductor manufacturing facility in Mundy Township, Michigan, a decision that could eliminate nearly 10,000 jobs. Governor Gretchen Whitmer cited national economic uncertainty as a primary reason for the withdrawal. The project was expected to invigorate Michigan’s economy, having allocated significant state
News Summary Ultium Cells LLC, a joint venture between General Motors and LG Energy Solution, is enhancing its Tennessee manufacturing facility to produce low-cost lithium iron phosphate (LFP) battery cells by 2027. This upgrade responds to the growing demand for affordable electric vehicle technology and supports GM’s commitment to diversify
News Summary The U.S. Mint has launched a new $1 coin in Michigan, celebrating the state’s contributions to automotive manufacturing. Unveiled at the Detroit Historical Society, the coin features a 1930s assembly line honoring the impact of autoworkers on American society. Designed by Steven Bieda, the coin serves as a
News Summary The auto industry in Michigan and Ohio is experiencing significant upheaval as unemployment rates soar. Factors such as high interest rates, cooling labor markets, and potential tariff changes are impacting local businesses. Major automakers like GM and Ford are scaling back operations and laying off thousands of workers,
News Summary General Motors announced a $4 billion investment over the next two years to enhance vehicle production at three U.S. plants. This investment will allow GM to assemble over two million vehicles each year, responding to market demands and adapting to consumer preferences, including a shift towards electric vehicles.
News Summary General Motors has announced a $4 billion investment to shift production from Mexico to three key facilities in Michigan, Kansas, and Tennessee. This strategic move aims to create approximately 2,300 new jobs while retaining 1,000 existing positions. The investment signals a shift towards gas-powered vehicles at the Orion
News Summary General Motors announced a $4 billion investment aimed at enhancing its U.S. manufacturing capabilities. This funding will focus on three facilities, shifting production towards gas-powered vehicles and electric models, reflecting GM’s adaptive strategies in response to EV demand fluctuations. The investment is expected to create jobs and support
News Summary Ford Motor Co.’s planned electric vehicle battery plant in Marshall, Michigan, is at risk due to proposed cuts to federal clean energy incentives. The plant is expected to create about 1,700 jobs, but concerns from Ford’s Executive Chair about the removal of tax credits threaten its viability. With
