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Detroit Regional Partnership Helps Attract $9.4B in Investment Since 2020

Posted By: DBUSINESS on March 24, 2025.  For more information, please click here to read the source article. The Detroit Regional Partnership (DRP), an economic development organization focused on marketing and growing the 11-county region, has released its 2024 annual report centered on attracting jobs and investment. According to the report, since 2020 the DRP has helped attract 121 projects that […]

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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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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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Two West Michigan businesses to expand, bring 319 jobs to the area

Two West Michigan companies, Gen3 Defense & Aerospace and Blackmer, are expected to expand their operations in Grand Rapids, bringing 319 jobs and $15.5 million investment to the area. The expansions were announced Wednesday by The Right Place and the Michigan Economic Development Corporation (MEDC). Gen3 Defense & Aerospace, an engineering company with a focus […]

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Ohio awards tech company a tax credit for expected 378 new jobs in downtown Toledo

Ohio has awarded Bitwise Industries a tax credit for its planned downtown Toledo innovation center, which the California tech company pledges will create 378 jobs with an annual payroll of $20.4 million. The Ohio Tax Credit Authority on Monday agreed Bitwise will get a 1.8 percent, 10-year job creation tax credit for its efforts, a […]

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