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MSU land deal swept up in debate over biz incentives, farmland preservation

Posted By: The Detroit News on April 26, 2023.  For more information, please click here to read the source article. Michigan State University is preparing to sell about 1,000 acres of farmland for the assembly of an industrial megasite in a rural area west of Lansing — a potential $21.9 million transaction needed to make the land suitable […]

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MEDC Approves $116M for Development Projects Across Michigan

Posted By: DBUSINESS on November 10, 2022.  For more information, please click here to read the source article.   The Michigan Economic Development Corp. in Lansing approved three major development projects in Flint, Lansing, and Parma representing a total capital investment of $116.5 million from the Michigan Strategic Fund. In Flint, funds will be used for the redevelopment […]

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Lansing-based Clark Construction expanding with downtown GR office

Posted By: MiBiz on October 4, 2022.  For more information, please click here to read the source article.   Lansing-based construction management firm Clark Construction Co. will expand its West Michigan presence with a new office at the McKay Tower in downtown Grand Rapids. Company officials said in an announcement today that the firm’s growing list of large-scale West Michigan […]

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State board OKs giving GM $824 million to lure $7 billion in EV investments

General Motors Co. and battery maker LG Energy Solution won tax incentives exceeding $824 million for up to $7 billion in new capital investment expanding GM’s EV and battery production in Michigan. The incentives include a first-of-its-kind $600 million direct taxpayer grant from the state of Michigan for GM and its partner that will subsidize the […]

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Lansing City Council endorses tax breaks for GM battery plant

Lansing City Council on Monday moved forward with supporting a $2.5 billion investment from General Motors Co. for a battery cell manufacturing plant near its Delta Township assembly plant. Council approved a resolution recommending the formation of a renaissance zone for the development in an application to the Michigan Strategic Fund. Granting a renaissance zone exempts persons and property […]

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