Thursday, August 08, 2013

State incentives allow 3 firms to expand, add 183 jobs

State incentives allow 3 firms to expand, add 183 jobs | Crain's Detroit Business:
 "Three companies in Southeast Michigan will receive more than $1 million in state financial incentives to expand their businesses and add a total of 183 jobs.
The Michigan Economic Development Corp. announced the deals today, after they were approved by the Michigan Strategic Fund. The companies are expected to invest a total of $10.8 million."

The new "normal" is now NO ONE will invest or expand in Michigan without state subsidies?
So, we'll have states bidding against each other with money that means nothing to those bidding.
Obama's america.........

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