Displaying items tagged: Gotion Inc
West Michigan’s manufacturing sector experienced a mix of highs and lows in 2022, as several major ventures plan to bring in billions of dollars in new investments while other companies contended with inflation, supply chain disruptions and labor availability.
West Michigan’s industrial sector remains a point of strength in the local commercial real estate market, with many employers hoping to expand in the region despite the lack of available space, which has prompted a range of new construction projects.
A state board has approved hundreds of millions of dollars in tax exemptions and performance-based grants to help lure two large battery manufacturing projects that promise more than 4,000 jobs and nearly $4 billion in investment.
State lawmakers have steered another $846.1 million into a state fund to support major economic development projects in Michigan.
Mecosta County, township officials approve 30-year Renaissance Zone incentive for potential battery project
BIG RAPIDS — A trio of Mecosta County municipalities have approved a 30-year tax incentive to help lure a multi-billion dollar electric vehicle battery manufacturing facility that promises more than 2,000 jobs.
BIG RAPIDS — The Big Rapids area could experience a multi-billion dollar advanced battery manufacturing investment in the coming years, according to a recent media report confirming months of speculation about the project.