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
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
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
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
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
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,
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
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
News Summary Michigan’s new road-funding legislation has led to a controversial 83% increase in annual registration fees for electric vehicles, raising costs to a total of $260. Critics argue this move is unfair and could hinder EV adoption, while supporters claim gas vehicle drivers pay a larger share overall. Senator
News Summary Southeast Michigan is witnessing proposals for four massive data centers, challenging traditional locations for such projects. Augusta Township has approved rezoning for a Thor Equities data center, aimed at boosting local infrastructure despite community concerns over environmental impacts. The demand for these centers is driven by advancements in
