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user paul (dex) / Flickr

General Motors is adding 300 new jobs and investing $245 million in one of its metro Detroit plants in Orion Township.

And residents there are breathing a sigh of relief, because just a few years ago, it looked like that plant was going to close.

Courtesy photo / Ranir

A company near Grand Rapids will make toothbrush heads here instead of China.

The move is indicative of a trend; some manufacturing jobs are coming back to Michigan, especially when machines do most of the labor.

Ed Morykwas / River of Time Photography

After the University of Michigan Penny Stamps School of Art and Design won a Detroit Knight Arts Foundation grant for a maker-space in Detroit's Brightmoor neighborhood, they got a call from Patronicity.

Steve Carmody / Michigan Radio

 The Pontiac Silverdome is once again up for sale. 

Canadian developer Andreas Apostolopoulos’ Triple Properties bought the aging football stadium in 2009 at auction for $583,000.

The asking price today for the 127-acre property: $30 million.

salsa
Mark H. Anbinder

The Campbell Soup Co. Tuesday announced plans to purchase a Michigan food maker for $231 million. 

Garden Fresh Gourmet in Ferndale will become part of Campbell's Fresh division. 

Many University of Michigan business students who have an entrepreneurial streak take Professor Jerry Davis' start-up class. Davis has lived in the Silicon Valley, he has a Ph.D. from Stanford University, and he has advice for young people: Forget the Bay Area.

"You spend a whole lot of your time on freeways. It's expensive, it's annoying. The weather is beautiful, but basically the Bay Area has turned into Los Angeles," Davis says. "All the things that people hate about LA are now true of the Bay Area."

Detroit skyline.
Lester Graham / Michigan Radio

An initiative that encourages Detroit companies to buy goods and services from each other appears to be working.

The initiative is called Detroit to Detroit, or D2D. It's a program of the Detroit Economic Growth Corporation, a non-profit that aims to make Detroit businesses successful.

Steve Carmody / Michigan Radio

Michigan businesses may be hurt if Congressional critics succeed in blocking renewal of a federal trade agency’s charter.

The Export Import Bank was created during President Franklin Roosevelt’s New Deal.  The bank assists foreign purchases with financing and insuring of U.S. goods when the buyer doesn’t want to accept the credit risk.   

Since 2009, the Export Import Bank has helped Michigan companies move 11 billion dollars in exports.

A Delta Air Lines Boeing 747-400 sits on the tarmac at Detroit Metropolitan Wayne County Airport.
user redlegsfan21 / flickr

On paper, it's a pretty good idea: a business district stretching ten miles between Detroit Metro and Willow Run airports.

It would attract investment money, backers said. It would create 64,000 new jobs for Southeast Michigan.

Michigan Radio

There's a big, untapped market in emerging countries for services and products made by Michigan companies.

That's the message of OPIC, the Overseas Private Investment Corporation.  OPIC steps in where private banks are loathe to tread, offering market-rate loans to small and medium-sized businesses that want to expand into emerging markets overseas.

Steve Carmody / Michigan Radio

Michigan house flippers were busy in first three months of 2015.

In house flipping, homes are bought to be immediately turned around and sold again.  

About 5% of the single-family homes sold in Michigan from January through March were flipped.  Nationally, only 4% of single family homes sold in the first quarter were flipped.  

Steve Carmody / Michigan Radio

Midland-based Dow Chemical will cut about 3 percent of its global workforce as it prepares to break off a significant part of its chlorine operations in a deal it announced earlier this year with Olin Corp.

The company says the cuts will reduce its workforce by 1,500 to 1,750 positions. Dow Chemical employed about 53,000 people worldwide at the end of last year.

MARIORDO / WIKIMEDIA COMMONS

ANN ARBOR, Mich. - Google Inc. is moving its Ann Arbor operation to bigger digs on the north side of the city.

The Ann Arbor News reports Friday the Mountain View, California-based Internet giant is leaving the downtown space it's occupied for nearly a decade. Officials say the operation is moving into an existing building, then constructing a new campus.

Steve Carmody / Michigan Radio

Lt. Governor Brian Calley is leading a trade delegation to South America this weekend.   

The intent of the trip is to meet with local leaders and avoid an erupting volcano.

The trade delegation is traveling to Chile and Colombia.

FLICKR USER SYLS / FLICKR

It’s almost Shakespearean: A powerful leader, pushed out because he pushed for the ouster of another powerful leader.

Alas, this is not the Bard’s story. This is about Volkswagen.

“Oh man, this is potentially the end of a very long era at Volkswagen, which is now I think the largest automaker in the world, and certainly the largest in Europe,” Detroit News Columnist Daniel Howes said.

Listen above to the story of Ferdinand Piëch, Volkswagen AG’s legendary boss.

Steve Carmody / Michigan Radio

A new report says work-place deaths in Michigan are on the decline.

But work related homicides are rising.

Michigan State University’s annual report finds 125 people died on the job in the state last year. That’s down from 134 the year before.  

The University of Michigan

Billionaire A. Alfred Taubman died Friday at home from a heart attack, according to the Associated Press. He was 91.

He led “an epic American life,” growing up a poor Jewish kid in Detroit, and going on to make a massive fortune by creating the modern shopping mall.

He also survived a major scandal in his later years, when he went to prison for price-fixing.

What’s more, Alfred Taubman was the second-largest donor ever to the University of Michigan.

Shipping container housing project underway in Detroit

Apr 17, 2015
Astrid Westvang / Creative Commons

A project that turns empty shipping containers into sustainable housing kicked off in Detroit this week.

Development firm Three Squared is using nine containers to construct a three story unit in the city's Corktown neighborhood. 

City of Detroit

Just eight months after it was set to be torn down, developers are preserving the historic Detroit recreation center where Joe Louis trained.

Flickr user Scott Beale / Flickr

Crowdfunding. The word itself wasn't even known less than a decade ago. But crowdfunding has become a powerful way to raise money.

EquityNet tells us that more than $20 billion in funding transactions will happen around the world this year. That is a 100% increase from $10 billion last year.

the two abandoned hotels
Flickr user Ian Freimuth / Flickr

There's a hotel boom happening in downtown Detroit. Once-abandoned buildings are now gleaming new hotels, or will be soon. But will these plans give Detroit too many hotel rooms or not enough? And there have been lengthy discussions over the two hotels near the new Red Wings arena site just north of downtown.

Steve Carmody / Michigan Radio

A trio of bills in the Michigan legislature would create a statewide database of second hand shop sales. 

State Representative Mike Callton says a single data base will help police officers track stolen goods that thieves may try to sell to pawn shops, gold dealers and other second hand stores.

“If it turned up in any pawn shop, buy-n-sell or precious metal buyer, it would show up in that registry,” says Callton, “(Police) wouldn’t have to be looking all over the state.”

Flickr user Firas / Flickr

On yesterday's Stateside, we met the co-founders of Rocket Fiber, the ultra-high-speed Internet service coming to downtown Detroit later this year and to Midtown Detroit next year.

The prospect of fiber optic cable delivering an Internet that's at least 100 times faster than what most of us are used to is mighty appealing.

FLICKR USER WILLIAM HOOK / FLICKR

Dial-up. That’s how we used to get online. Today, however, that’s part of pre-history. Is it fathomable that our existing Internet access could soon be as outdated as those old dial-up modems?

Flickr user william stuben / Flickr

Dan Gilbert has added One Detroit Center to his impressive portfolio of downtown Detroit properties, making it more than 70 downtown properties that Gilbert and his partners now own.

The purchase has caused Ally Financial with its 1,300 employees to move to One Detroit Center instead of Southfield. This announcement was accompanied by Ally's CEO conceding that the downtown location will be more expensive than the suburbs.

Steve Carmody / Michigan Radio

Two mid-Michigan mayors are trying to lure convention planners looking to move their events out of Indiana. 

The controversy over Indiana’s Religious Freedom Restoration law has many groups rethinking their convention plans in the Hoosier state.

Lansing Mayor Virg Bernero and East Lansing Mayor Nathan Triplett have posted an open letter encouraging convention planners to look to mid-Michigan.

Vox Efx / Wikimedia Commons

When Dow Chemical Company started in Midland, Michigan in 1897, it produced two chemicals. One of them was bleach. Now, Dow is getting out of the bleach business.

A hedge fund has been pressuring Dow officials to spin off what are called 'commodity chemicals' in order to focus the companies efforts. 

Dan Moyle / Flickr Creative Commons

States like Michigan that allow employers to enforce non-compete clauses may be inadvertently hurting their economies, according to a recent study.

Employers sometimes require new employees to sign a non-compete agreement promising they won't go work for another company in the same industry for one or two years after leaving their job.

Midland could see 300 new jobs this year

Mar 25, 2015
XALT Energy

A multi-year export contract will bring more than 300 new high-tech and manufacturing jobs to Midland, according to XALT Energy, a Midland-based developer and manufacturer of lithium batteries.

XALT announced this week that it has agreed to supply its lithium titanate batteries to HK Group, a Chinese manufacturer of all-electric buses. 

Arielle Solomon / Flickr

Developers want to turn Detroit's old state fairgrounds into 160 acres of senior living, apartments, shopping, small parks, and space for Wayne County Community College.

Those plans were unveiled to the public in detail this week.

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