Tag Archive | "million"

GM spending $200 million at 2 Michigan plants 

General Motors Co. says it will spend $ 200 million at two suburban Detroit plants for new vehicle production. Full News here – Detroit Business News

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Chinese auto parts supplier adding 176 jobs with $15 million investment in Metro Detroit

STEC USA is opening a research and development, warehousing and assembly, and window regulator component manufacturing plant as part of its North American headquarters at the site. Full News here – Detroit Business News

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High-End Homes: Lake Macatawa home along Holland’s South Shore Drive listed for $1.975 million

“This has one of the best views on the lake,” said Realtor Andrea Crossman of the 6-bedroom home set on 130 feet of Lake Macatawa frontage. Full News here – Oakland Business

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2 plead guilty in $1 million Detroit-area home health care fraud scheme

The founders of a Detroit-area home health care agency pleaded guilty in federal court Thursday for their roles in a nearly-$ 1-million fraud scheme. Full News here – Detroit Business News

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Salvation Army bell ringers hope to collect $1.66 million for West Michigan residents in need

The Salvation Army officially kicked off the 2104 West Michigan Red Kettle Christmas Campaign on Friday morning with the first ringing of the bell. Full News here – Oakland Business

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Fund provides $100 million for minority firms

A $ 100 million fund announced today will provide access to capital for minority businesses in Detroit and throughout southeast Michigan.  Full News here – Detroit | WXYZ

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Rape kits: $35 million from NYC DA for testing

The effort to tackle the massive backlog of untested rape kits just got a major influx of cash.  The $ 35 million is coming from New York City, but Wayne County Prosecutor Kym Worthy has been a champion of this cause for years, and she was with the New York County District Attorney Wednesday for […]

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Online Tech opens $  10 million data center in Westland

Online Tech opens $10 million data center in Westland

Kirk Pinho – Online Tech Inc. will hold a grand opening of its new 35,000-square-foot data center in Westland on Dec. 2. The Ann Arbor-based data storage company says it invested $ 10 million into the data center on 6435 North Hix Road, south of Warren Road. The center opened on September 1.  It’s one […]

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Tesla’s Q3 loss grows to $74.6 million

The Palo Alto, Calif.-based electric car maker blamed the larger loss on production challenges related to a production overhaul for its Model S sedan. Full News here – Detroit Business News

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Japanese businesses commit $2.2 million to Detroit Institute of Arts

The Detroit Institute of Arts announced Thursday that 21 local Japanese firms have committed $ 2,167,000 in pledges and gifts to the museum. Full News here – Detroit Business News

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GM’s Mary Barra to announce $300 million capital commitment to Michigan

General Motors CEO Mary Barra plans to announce further commitment to Michigan-based engineering and manufacturing at a Detroit Economic Club luncheon Tuesday in Detroit. Full News here – Detroit Business News

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Fifth Third Bank bringing $85 million in charity, investments with move to Downtown Detroit

Fifth Third Bank is moving its regional headquarters from Southfield to Downtown Detroit, and its bringing with it $ 85 million for charitable donations and investments in the city. Full News here – Detroit Business News

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NHTSA fines Ferrari $3.5 million for not submitting safety reports

The top federal traffic safety regular in the U.S. announced Friday that Ferrari will pay a $ 3.5 million civil penalty for failing to comply with certain oversight requirements. Full News here – Detroit News

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With $300 million investment, GM’s Mary Barra stresses commitment to Michigan

General Motors CEO Mary Barra said Tuesday that the Detroit automaker plans to spend almost $ 300 million in Michigan from now to the end of the year as it ramps up production of the next-generation Chevrolet Volt and other vehicles. Full News here – Detroit Business News

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DPS to turn 77 properties over to Detroit in exchange for $11.6 million in

DPS to turn 77 properties over to Detroit in exchange for .6 million in … DETROIT (WXYZ) – The City of Detroit and Detroit Public Schools have reached an agreement that will allow the district to erase millions of dollars in debt. It will also allow the city to secure or develop empty schools and […]

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