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News about economic development package:

mail: [NewsMag]

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    COLUMBUS, Ohio (AP) — Ohio offered Intel Corp. incentives worth roughly $2 billion to secure a new $20 billion chipmaking factory that the company says will help alleviate a global shortage and create a new technology hub in the Midwest. The state’s development director said Friday that the combination of tax breaks and incentives are...
              by Bruce Walker   Gov. Gretchen Whitmer has signed into law a $1 billion bipartisan economic development package. The Strategic Outreach and Attraction Reserve (SOAR) package aims to support small businesses and attract businesses to the state, and includes: Establishment of an economic development fund. Funding programs “to make our economy more adaptable to...
              moreby Scott McClallen   After Michigan lost out on an $11.4 billion electric vehicle factory estimated to create 11,000 jobs, the GOP-led House passed a trio of economic development bills on a 83-21 vote. But 16 Republicans and five Democrats voted against the package, saying it amounts to a government entity picking winners and losers, redistributing wealth,...
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