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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. million-square-foot plant.

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

Buisness Facilities Contributed Content

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. In 2008, Chrysler rolled the dice and invested $1.8 Annual production at the facility has tripled since 2008.

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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. In 2008, Chrysler rolled the dice and told the world it would invest $1.8 The Jefferson North facility seemed an unlikely candidate in 2008 for this largesse.

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. The incentive, unless extended, expires at the end of 2008. percent for 2007, 11 percent for 2008, 14.5 In 2001 the MRZ designation was renewed for the former Williams Air Force Base, now known as Williams Gateway Airport.

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