Michigan taxpayers are footing $27 million for a Hemlock Semiconductor Operations project that the company says will create 170 jobs at its Saginaw County headquarters.
The company says it is spending $375 million on a new project to meet the increasing global demand for hyper-pure polysilicon in the semiconductor and solar industries.
Michigan taxpayers will give more than $16 million to a private manufacturing company, Gentex. The company is spending $300 million to expand operations over three years, which it claims will create 500 jobs.
Gov. Gretchen Whitmer joined the Michigan Economic Development Corporation to announce the subsidies to Gentex, a high-tech electronics manufacturer for the auto, aerospace, and fire safety industries.
Michigan’s 2023 budget will give $100 million to a billionaire’s pet project but no tax relief to 10 million Michiganders despite $7 billion leftover in the state’s bank.
The Center Square reported earlier this month that the $77 billion budget gives $100 million for the Detroit Center for Innovation, a new research facility operated the University of Michigan.
A Detroit lawmaker is pitching up to a 20-year, additional 0.4 mill tax hike to Wayne and Oakland County residents to fund museums – similar to the Detroit Institute of Art tax.
Sen. Marshall Bullock, D-Detroit, sponsored Senate Bill 653 that would apply only to counties with a population over one million – narrowing to the above two counties to fund the Detroit Historical Society and the Charles H. Wright Museum of African American History.
A new report challenges efforts conducted by Gov. Gretchen Whitmer’s administration and Attorney General Dana Nessel to not only shut down the Enbridge Line 5 pipeline under the Straits of Mackinac but prevent its replacement with a $500 million tunnel 100 feet below the lake bed.
The report also challenges 14 recommendations published last April by the Upper Peninsula Energy Task Force, a group established by the governor and chaired by Michigan Department of Environment, Great Lakes and Energy (EGLE) Director Liesl Clark.
The Michigan Strategic Fund has agreed to subsidize a major portion of a proposed $19.7 million redevelopment of the former Lincoln Motor Co. headquarters in the Northwest Goldberg neighborhood of Detroit.
More than half of those funds will derive from public taxpayer assistance, including a $5 million state grant, $2.7 million in additional tax transfers, and another $3.4 million in tax breaks.