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Page 21 - மிச்சிகன் பொருளாதார வளர்ச்சி கார்ப் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Magna to invest $70 million in new electric vehicle battery component plant in St Clair

Canadian auto supplier Magna International Inc. plans to invest up to $70.1 million over the next five years to build an electric vehicle battery component plant in St. Clair.The 345,000-square-foot plant at 1811 Range Road is expected to employ 304 and is supported by a $1.5 million grant from the…

Michigan brings back 25% tax credit for restoring historic buildings

Michigan brings back 25% tax credit for restoring historic buildings
freep.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freep.com Daily Mail and Mail on Sunday newspapers.

City trying to recoup more than $800K in back taxes | News, Sports, Jobs

sschulwitz@thealpenanews.com ALPENA–The City of Alpena is taking action to recoup more than $800,000 in back taxes from a local manufacturer. At Monday’s Alpena Municipal Council meeting, council voted unanimously to have city attorney Bill Pfeifer serve the Alpena Prototype Biorefinery LLC, American Process Inc, and GranBio LLC a notice of seizure of personal property for unpaid personal property taxes. According to Clerk/Treasurer Anna Soik, there is $678,787 due in delinquent taxes on personal property for years 2016-2019. That total includes interest and penalty fees. They owe another $157,666 for 2020 summer and winter personal property taxes. When American Process opened the plant, its intended use was to produce bioethanol, but little of that was made, mainly because of issues with the process that utilized waste from Decorative Panels International.

Nearly 6,000 Michigan small businesses to share $52 5 million in pandemic survival program funds

Southeast Michigan gets majority of funds MEDC received more than 34,000 applications in three days iStock Michigan small businesses hurt by the pandemic limitations are getting help from the state. Nearly 6,000 small businesses in Michigan impacted by the three-month pandemic pause on indoor dining and other operation limits are sharing in $52.5 million in grant funds from the state. The grants from the Michigan Economic Development Corp. s Michigan Small Business Survival Grant program will go to 5,960 businesses and help maintain nearly 53,000 jobs, according to a Wednesday news release from Gov. Gretchen Whitmer s office. Wednesday s figures show that, on average, a business received just more than $8,800. The MEDC received more than 34,000 applications for the funds during the three-day application window.

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