Tag Archives: Michigan

Ford Cancels Plans for New $1.6 Billion Mexico Plant | Bloomberg

downloadFord Motor Co. will scrap plans to build a $1.6 billion plant in Mexico, after coming under criticism by President-elect Donald Trump for shifting small-car production south of the border.

The next-generation Focus compact car will be built at an existing factory in Hermosillo, Mexico, and Ford will cancel plans to build a plant in San Luis Potosi, Chief Executive Officer Mark Fields said Tuesday. The second-largest U.S. automaker will build two products at a factory in Wayne, Michigan, where it assembles the Focus now, protecting about 3,500 jobs.

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The State of Small Business: Michigan | Business News Daily

As part of our yearlong project “The State of Small Business,” Business News Daily plans to report on the small business environment in every state in America. In this installment, we asked a few of Michigan’s nearly one million small business owners about the challenges and opportunities of operating in their state. Here’s what they had to say.

It’s no secret that Michigan’s economy took a big hit after the 2008 financial crisis, with the damage centering on the automotive industry in Detroit. But entrepreneurs now report the state is coming back strong. Where prospects once seemed dismal, small businesses are now optimistic for the future.

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Walmart, PepsiCo, Coca-Cola, Nestle Donate 6.5M Bottles Of Water To Flint, Mich. Students | Forbes

World’s largest retailer Walmart is joining forces with the three biggest bottled water suppliers in the U.S. to provide enough water to last 10,000 public schoolkids in Flint, Mich. the remainder of the calendar year.

In partnership with Pepsi , Coca-Cola KO and Nestle , the big-box giant will deliver 6.5 million bottles of water, or 176 truckloads a day, to the crisis-stricken city, where all children under the age of 6 were exposed to toxic, lead-tainted water that may cause life-long damage.

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