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The Road to Recovery in Detroit

Buisness Facilities Contributed Content

These have been dark days for Detroit. The manager will determine what he can salvage from a legacy of decline that has left Motown on the cusp of bankruptcy. billion in its Jefferson North plant on Detroit’s dilapidated East Side. In 2008, Chrysler rolled the dice and told the world it would invest $1.8

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SNAPSHOTS: 60 Seconds…with Stephen Moret, Secretary, Louisiana Economic Development

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These have been dark days for Detroit. city in history to file for bankruptcy. But out of the ashes of this monumental collapse— and in the midst of one of the most run-down neighborhoods in Detroit—a remarkable revival is rising like a phoenix. billion in its Jefferson North plant on Detroit’s dilapidated East Side.

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Phantom Payouts

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The Times apparently was shocked, shocked to learn that, when GM accepted these incentives prior to 2007, the company failed to warn its location partners that a global financial meltdown soon would bring it to the brink of bankruptcy and liquidation.

Austin 49
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Cover Story: 2014 Business Facilities – Metro And Global Rankings

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Your eyes weren’t deceiving you when you saw Detroit, MI sitting at No. Yes, we know that Detroit became the largest city in history to file for bankruptcy protection, a process the city is expected to emerge from this year. Together, they employ thousands. Samsung Electronics Co., Airbus is the largest customer of the U.S.

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