Remove 2007 Remove Bankruptcy Remove Phoenix Remove Union
article thumbnail

The Road to Recovery in Detroit

Buisness Facilities Contributed Content

The manager will determine what he can salvage from a legacy of decline that has left Motown on the cusp of 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.

Detroit 51
article thumbnail

Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

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. Cerberus, an equity player who had acquired a majority stake in Chrysler from German auto giant Daimler-Benz in 2007, went into bankruptcy in 2009. Names Innovation Hubs.

Metro 111
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

Naval Air Facility in Goodyear, now known as Phoenix/Goodyear Airport, was designated as an MRZ. 5-40, it provides a refund of 50 percent of the Indiana sales taxes paid on purchases of eligible R&D equipment purchased after June 30, 2007. Right-to-Work State: Union membership in Kansas is 6.8%, well below the national average.

Income 108