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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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State by State Incentives Guide

Buisness Facilities Contributed Content

Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. Alabama Industrial Access Road & Bridge Program: Provides financial assistance to communities for industrial access to new and expanding industries.

Income 108
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40 Under 40: Champions of Construction 2021

Autodesk Construction Cloud

Sarah Watte , Phoenix Civil Engineering, Inc. She’s part of various internal groups within the organization, including the Diversity, Equity, and Inclusion committee, and notably a board member on both the Connecting Women and Building PRIDE affinity groups. . Nevermind the avoidance of costly rework down the road.

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Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

The 2008 announcement by then-owner Cerberus Capital Management that it would upgrade Jefferson North and expand its capacity by another 285,000 square feet almost immediately hit a huge bump in the road to recovery. It took a federal bailout and the acquisition of Chrysler by Italy’s Fiat to keep the third-largest U.S. Names Innovation Hubs.

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