Michigan's RTW law will take effect in March. Yesterday came this announcement:http://www.detroitnews.com/article/20130124/OPINION03/301240...Excerpts:More than $1 billion in business investment to create nearly 4,600 jobs in Michigan, announced Wednesday, ain't nothin' — and it isn't an accident. The moves by the state Strategic Fund to support private investment in a broad array of business sectors shows that comparatively upbeat macroeconomic conditions nationally and pro-business policies in Lansing are combining to speed Michigan's climb out of its "Lost Decade."...Units of Magna International and Denso International America Inc., longtime players in the state's community of auto suppliers, are investing in Battle Creek and Southfield. Lear Corp. and one of its subsidiaries are investing $32.6 million to create nearly 1,100 jobs in Detroit and Hamtramck. And Whirlpool Corp. is repatriating its refrigeration R&D center to Benton Harbor from Indiana.----That last bit about Whirlpool is quite interesting. Indiana is a RTW state. Does anyone think Whirlpool would have even considered moving that R&D center back to Michigan without the RTW law passing here? I don't.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. M