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The Road to Recovery in Detroit

Buisness Facilities Contributed Content

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. 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.

Detroit 51
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Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

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. It took a federal bailout and the acquisition of Chrysler by Italy’s Fiat to keep the third-largest U.S. automaker from going the way of the dinosaurs. Names Innovation Hubs.

Metro 111
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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. This program allows an approved business to offer an income tax credit to investors purchasing an equity investment in the business. In December 2002, the former U.S. See onegeorgia.org/programs/esb.

Income 108