Michigan business news

Transformational Brownfield Plan Approved for Detroit Projects

News Summary The Michigan Strategic Fund has approved an amendment to the Transformational Brownfield Plan, allowing Bedrock Management to capture…

2 months ago

Lansing to Receive $1.4 Million in Marijuana Revenue

News Summary Lansing is set to receive a significant boost of $1.4 million in marijuana revenue sharing from the Michigan…

2 months ago

BorgWarner’s Akasol Announces Plant Closures in Michigan

News Summary BorgWarner's subsidiary, Akasol Inc., is set to close two plants in Michigan, leading to substantial job losses for…

2 months ago

Kohl’s is Shutting Down 27 Stores: What You Need to Know

News Summary Kohl's plans to close 27 underperforming stores across the U.S. by April 2025, alongside a fulfillment center in…

2 months ago

Detroit Rakes in Over $3 Million in Marijuana Tax Revenue

News Summary Detroit receives over $3 million from Michigan's marijuana tax revenue distribution, marking the highest allocation to any community…

2 months ago

Dimor Group Invests $12 Million in New Factory in Battle Creek

News Summary The Dimor Group has announced a $12 million investment to establish a new 45,000-square-foot factory in Battle Creek,…

2 months ago

Detroit to Receive Over $3 Million from Pot Tax Revenue

News Summary Detroit is set to receive a remarkable $3.1 million in tax revenue from recreational marijuana sales, following the…

2 months ago

Aldi’s Expansion Plans in Michigan

News Summary Aldi is set to expand in Michigan by investing $13 million to open four new stores in Hillsdale,…

2 months ago