Automotive Sector Dominates Michigan's $14 Billion of Projects Under Construction

July 3, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Michigan is at the heart of the U.S. automotive industry, and judging by the industrial project activity in the state, it has earned this status. Industrial Info is tracking nearly $14 billion worth of projects under construction in the state, with nearly $9 billion worth of these being for automotive projects. But the changing face of the U.S. auto sector can be seen in the state--the three largest projects underway in the state are for batteries for electric vehicles (EVs).

Companies featured: General Motors Company (NYSE:GM), Stellantis NV (NYSE:STLA), Ford Motor Company (NYSE:F), Amazon.com Incorporated (NASDAQ:AMZN)