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The Road to Recovery in Detroit

Buisness Facilities Contributed Content

The finances of a city once the center of the automotive universe are in the hands of an unelected manager appointed by Michigan’s governor. The manager will determine what he can salvage from a legacy of decline that has left Motown on the cusp of bankruptcy. automaker from going the way of the dinosaurs.

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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. 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.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Right-to-Work State: Union membership in Kansas is 6.8%, well below the national average. BUSINESS TAX REFORM: The unpopular Michigan Business Tax (MBT) will be replaced effective January 1, 2012 with a simpler and competitive corporate income tax. matchmaking with Michigan suppliers. matchmaking with Michigan suppliers.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

BUSINESS TAX REFORM: The unpopular Michigan Business Tax (MBT) will be replaced effective January 1, 2012 with a simpler and competitive corporate income tax. Lower rates will tax C corporations at 6 percent on federal taxable income apportioned to Michigan. matchmaking with Michigan suppliers. o Refundable FDA User fee Credit.

Income 75