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Banking

Ford investing $1.2B in 3 Michigan facilities for Bronco, other vehicles

March 28, 2017 |

(WXYZ) – Ford Motor Company announced today that it plans on investing $1.2 billion in three Michigan facilities.

The money will be funneled to the Michigan Assembly Plant, Ford Romeo Engine Plant and to help construct the company’s new advanced … Read More

Lineage Logistics and Paragon Metals to Invest Combined $28M in Michigan

March 27, 2017 |

Two business expansions that will generate more than $28 million in total investment and create 142 jobs in Michigan have received approval from the Michigan Strategic Fund.

“The successful expansion of these companies is a testament to Michigan’s growing economy … Read More

$1 billion investment by GM gives Warren the region’s highest industrial property values

March 23, 2017 |

Metro Detroit has a new industrial powerhouse.

Or make that two.

The city of Warren now has an industrial property base in that sector that far outpaces Detroit’s at $578.2 million, triggered in part by a handful of sweeping industrial … Read More

Why Detroit Is Once Again Attracting Headhunters

March 22, 2017 |

Executive recruiters are increasingly being served hiring mandates all over the globe. To meet the demand, they continue to develop new practices, hire new recruiters, and open new locations. While the uptick in business has proven to be good for … Read More

Moody’s: Detroit is ‘credit positive’ on pension plan

March 22, 2017 |

Detroit — Moody’s Investors Service is taking note of the city’s plan for a dedicated fund to cover its future pension costs, a move the administration hopes will lead to an improved credit rating.

Moody’s, in a report released Monday, … Read More

Detroit real estate this spring: What to watch for and expect

March 21, 2017 |

It’s the first day of Spring and even though it’s grey and dreary in Detroit, we’re anticipating a busy real estate and development season heating up. Here are a few of the big ideas we’re keeping an eye on.

Hot … Read More

Downtown Ferndale building boom coming soon

March 21, 2017 |

Downtown Ferndale is ready to boom this year with construction getting underway on two large mixed-use apartment buildings and the city’s first public parking deck.

Some preliminary ground work has already begun on the first phase of the Ferndale Haus … Read More

THE CITIES CREATING THE MOST TECH JOBS IN 2017

March 20, 2017 |

A growing tech industry is often considered the ultimate sign of a healthy local economy. By that measure, the Bay Area still stands at the top of the heap in the United States, but our survey of the metropolitan areas … Read More