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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.

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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. The value of products exported from the Youngstown-Warren-Boardman region soared by 22 percent from 2009 to 2012, reaching a value of $4.7 The cranes were also part of the agreement.

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State by State Incentives Guide

Buisness Facilities Contributed Content

A business that applies for the exemption must enter into an agreement with the Governor of Alabama. Naval Air Facility in Goodyear, now known as Phoenix/Goodyear Airport, was designated as an MRZ. The business must sign a job-creation agreement under the Advantage Arkansas program within 24 months of signing the Tax Back agreement.

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Jump Ball in Sacramento

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As part of the deal that secured the Kings, the Maloofs acquired the WNBA’s Sacramento franchise, the Monarchs, but the women’s team folded in 2009 when a new owner could not be found. NBA team owners will begin a two-day meeting in New York tomorrow which will include a review of the bids for the Kings.