EV-Related Projects Lead Michigan to $28 Billion in Industrial Manufacturing Projects
January 29, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Last week, Michigan Governor Gretchen Whitmer (D) announced global mining and clean-energy company Fortescue (Perth, Australia) has selected Michigan for its first manufacturing facility in the U.S. Industrial Info is tracking $28 billion worth of active and planned Industrial Manufacturing Industry projects in the state. Michigan is at the heart of the U.S. automotive industry, and as such, auto projects account for about 70% of the total investment value--buoyed by the production of electric vehicle (EV) batteries and other components.
