General Motors plans to invest $190 million in its Lansing Grand River assembly plant where it will build a new Cadillac model, resulting in 600 new jobs and the addition of a second shift.
Continue reading Gen…
In addition to state tax credits from Michigan — and the billions of dollars already loaned it by U.S. taxpayers in the form of last year’s bailout — Chrysler may soon get approval for billions more in loans from the Departme…
Investors received another sign Wednesday that the U.S. economic expansion has slowed, as durable goods orders excluding transportation orders fell 0.8% in September, according to the U.S. Commerce Department.
…
Ford Motor (F) plans to spend $850 million during the next three years to improve and expand plants in Michigan that will result in in 1,200 new full-time jobs, the automaker said Monday.
The capital improvements are part of the company’s plan to upgr…
Manufacturing activity in the mid-Atlantic region showed modest improvement in October, according to the Federal Reserve Bank of Philadelphia, which saw its Business Outlook Survey rise to 1.0. However, despite that return to p…