News Summary American Rheinmetall has announced a major investment of $31.7 million in Auburn Hills, Michigan, aimed at creating 450 new jobs. This strategic move consolidates existing facilities, enhancing the company’s presence in the U.S. defense sector. The decision to establish headquarters in Auburn Hills was influenced by Michigan’s competitive
News Summary Astemo Ltd., a Japan-based automotive components manufacturer, announces a $95 million investment to establish a regional headquarters in Wixom, Michigan. This expansion will create approximately 200 jobs, with 150 engineering roles, reinforcing Michigan’s status as a hub for advanced mobility technology. Governor Gretchen Whitmer’s trade mission to Japan
News Summary Claire’s, the well-known accessory chain, has announced the closure of 291 stores nationwide following its Chapter 11 bankruptcy filing on August 6, 2025. This decision reflects ongoing challenges in the retail sector, particularly for brick-and-mortar stores. Among the affected locations are 11 stores in Michigan. Despite these closures,
News Summary Michigan Governor Gretchen Whitmer is on a significant trade mission to Japan and Singapore to boost trade opportunities as the state faces pressing budget negotiations. Accompanied by representatives from the Michigan Economic Development Corporation, the delegation aims to form new partnerships within the global finance and clean energy
News Summary Michigan Governor Gretchen Whitmer met with President Trump to address the detrimental effects of his tariffs on Michigan’s economy, particularly on the automotive industry. During their private meeting in the Oval Office, she presented data showing the job losses and financial strain caused by these tariffs. The meeting
News Summary Forbes has announced its 2025 ranking of America’s Best-in-State Employers, highlighting 41 companies from Michigan excelling in employee satisfaction. Delta Air Lines, despite its Georgia headquarters, topped the list overall. Alro Steel led among Michigan firms, showcasing the state’s diverse job landscape. The rankings are based on surveys
News Summary Claire’s has filed for Chapter 11 bankruptcy for the second time since 2018, planning to close 291 stores, including 11 in Michigan, amid increasing competition and economic pressures. The company aims to realign its operations with market demands as it seeks potential buyers for remaining locations. The retail
News Summary Claire’s Holdings LLC has announced the closure of 291 stores across the U.S., including 11 locations in Michigan, as part of its Chapter 11 bankruptcy restructuring. Following significant financial challenges, the company expects to commence store closing sales by September 7, 2023. This marks Claire’s second bankruptcy filing
News Summary Governor Gretchen Whitmer has signed three significant legislative bills aimed at easing the burden on small businesses and honoring fallen service members in Michigan. Among these, House Bill 4403 supports craft beverage producers, enabling collaboration among distillers. Additionally, two bills commemorate the sacrifices of Sgt. Matthew Webber and
News Summary On August 14, 2025, a town hall meeting at Madonna University highlighted the negative impacts of tariffs on the automotive sector. U.S. Congresswoman Rashida Tlaib led a discussion with industry leaders, revealing how tariffs disproportionately burden American consumers and small businesses. The conversation stressed the need for a
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