Michigan business news

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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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November 25, 2025 9:57 am
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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October 27, 2025 8:51 am
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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October 26, 2025 8:56 am
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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October 26, 2025 8:53 am
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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October 26, 2025 8:50 am
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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October 25, 2025 8:58 am
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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October 25, 2025 8:53 am
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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October 25, 2025 8:50 am
Mining landscape depicting rare earth mineral exploration
Michigan Business News

Cleveland-Cliffs Explores Rare Earth Mining Opportunities

News Summary Cleveland-Cliffs is venturing into rare earth element mining in Minnesota and Michigan, aiming for U.S. material independence. CEO Lourenco Goncalves announced the discovery of two potential mining sites. This strategic shift comes amid supply chain concerns stemming from reduced exports from China and emphasizes the importance of self-sufficiency

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October 21, 2025 8:51 am

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