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 The newly launched PitchMI initiative aims to enhance Michigan’s startup ecosystem with a $4 million funding pool. Featuring four regional competitions, the program spotlights entrepreneurial talent across high-tech industries like AI, healthcare, and clean technology. The first competition kicks off in Detroit on October 1, 2025, with winners
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 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 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 A new initiative, the ‘Make My Move’ program, launched in May 2025, is offering $5,000 in down payment assistance to first-time homebuyers in Southwest Michigan. Targeting Van Buren, Berrien, and Cass counties, the program aims to alleviate housing challenges while promoting local economic growth. With over 700 applications
News Summary Billionaire donor Timothy Dunn has contributed $5 million to the Great Lakes Conservatives Fund, backing Mike Rogers in the Michigan Senate race. This donation highlights significant financial support for Rogers, who previously lost a close election. The PAC has raised over $5 million this year and has received
News Summary On Tuesday, Governor Gretchen Whitmer announced that 63 small businesses in Michigan received nearly $2 million in grants through the Match on Main program. This initiative, aimed at supporting businesses in downtown areas, allocated grants of up to $25,000 to help local enterprises launch, expand, and thrive. Among
News Summary Michigan has climbed to 6th place in CNBC’s best states for business ranking for 2025, marking its highest position since the ranking began. This improvement reflects a positive trend in the state’s economic climate, driven by strengths in international trade and robust job creation efforts. Despite concerns regarding
News Summary TORC Robotics and Pro Services are set to generate 750 new jobs in Michigan, supported by an $18 million investment. Governor Gretchen Whitmer announced these initiatives, highlighting a new engineering center in Ann Arbor and an expansion in Kalamazoo County. The local EV sector is also progressing, with
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