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US industrial production rises again on boost from manufacturing

Posted By: Detroit News on April 16, 2024.  For more information, please click here to read the source article. US industrial production rose for a second month in March, boosted by a larger-than-expected increase in factory output as manufacturing shows further signs of stabilizing. The 0.4% increase in production at factories, mines and utilities matched the prior month’s […]

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MEDC OKs $5M grant for $41M Samsung expansion, 368 new jobs in Auburn Hills

Posted By: The Detroit News on September 26, 2023.  For more information, please click here to read the source article. The Michigan Strategic Fund board on Tuesday approved a $5 million grant for Samsung SDI America Inc.’s plans to expand two facilities in Auburn Hills, creating up to 368 jobs. According to an MEDC briefing memo, the $41 […]

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Gilbert’s Bedrock may build Detroit factory for a startup backed by Bill Gates

Signature Associates’ Brad Viergever and Chris Calvano are proud to have been a part of this deal.   Posted By: Detroit Free Press on July 25, 2023.  For more information, please click here to read the source article. A Bill Gates-backed startup is eying land in Detroit near the demolished Southwestern High School as a possible location for a factory […]

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Packaging equipment maker plans $2.4 million Sylvania expansion

Posted By: The Toledo Blade on July 19, 2023.  For more information, please click here to read the source article. Innovative Handling, an automation and materials-handling equipment maker, is planning a $2.4 million addition to its production complex and engineering offices in Sylvania. The company has received a 75 percent, 10-year tax abatement on the assessed value of […]

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Perdue Farms to invest $27M to open West Michigan facility, add 99 jobs

Posted By: mlive on November 7, 2022.  For more information, please click here to read the source article.   The pet treat division of Maryland-based Perdue Farms plans to open a production facility in Oceana County and begin operations there in October 2023. The family-owned food and agriculture company purchased a building at 168 Lincoln St. in Shelby […]

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Chinese LiDAR Firm RoboSense Opens North American HQ in Plymouth Township

Posted By: DBUSINESS on October 21, 2022.  For more information, please click here to read the source article. Jason Stough of Signature Associates was proud to be a part of this deal.   RoboSense, a provider of smart LiDAR sensor systems based in Shenzhen, China, today announced the opening of its North American headquarters at 46057 Five Mile […]

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Electric truck maker Via Motors eyes HQ move from Utah to Auburn Hills

Posted By: The Detroit News on October 25, 2022.  For more information, please click here to read the source article. John Boyd and Gary Stephens of Signature Associates are proud to have been a part of this deal.   Via Motors, an electric vehicle manufacturer, is considering relocating its headquarters from Utah to Auburn Hills to grow its […]

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Michigan startup investing $1.6B in EV battery gigafactory, creating 2,112 jobs

Posted By: mlive on October 5, 2022.  For more information, please click here to read the source article. Signature Associates’ Jim Montgomery and Joe Hamway are proud to have been a part of this deal.   A Michigan startup is getting a $200 million state grant for a new $1.6 billion electric vehicle battery gigafactory in Wayne County. The […]

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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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Coca-Cola to close Detroit plant by year’s end, idle up to 131

Great Lakes Coca-Cola Bottling is closing its Detroit facility by the end of the year as it consolidates operations with its Grand Rapids site, officials said Wednesday. Up to 131 employees at the plant are expected to lose their jobs. “After careful consideration, we made the difficult decision to consolidate our Detroit production operations into […]

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