Michigan business news

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Visual representation of Michigan's economic development initiatives
Business News

Governor Whitmer Announces Four New Job-Creating Projects in Michigan

Lansing, Michigan, December 10, 2025 Governor Gretchen Whitmer has unveiled four new projects set to create over 1,300 jobs and invest more than $240 million in Michigan’s economy. These initiatives, covering diverse industries including manufacturing, technology, and agriculture, underscore the state’s commitment to fostering a business-friendly environment. Key projects include Teradyne’s

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Gas station displaying the gas prices in Michigan during winter
Automotive

Gas Prices in Michigan Drop 15 Cents Over the Past Week

Dearborn, MI, December 2, 2025 Gasoline prices in Michigan have dropped by 15 cents over the past week, bringing the average cost for regular unleaded fuel to $2.96 per gallon. This decrease provides relief for many drivers ahead of winter, potentially boosting local economic spending. Despite the statewide decline, prices vary

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Chelsea Milling Company showcasing local wheat fields and community collaboration
Business News

Chelsea Milling Company Thrives with Community Focus

Chelsea, Michigan, November 25, 2025 Chelsea Milling Company, known for its ‘JIFFY’ baking mixes, showcases innovative cost-effective strategies to keep prices low. By eliminating traditional advertising and focusing on high-quality local ingredients, the company supports community farming while maintaining a dominating market presence. Their commitment to vertical integration and local sourcing

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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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