LANSING, MI – Governor Granholm was inducted into Sweden's Royal Order of the Polar Star on the final day of her week-long overseas trip to seek jobs and investment for Michigan. She was honored for her work promoting renewable energy partnerships between Swedish companies and Michigan businesses. The governor says Sweden has made a major commitment to renewable energy, such as converting waste to fuel.
MILAN – Fiat CEO Sergio Marchionne, who also runs Chrysler LCC, has confirmed that Fiat expects to raise its stake in Chrysler to 35% by the end of 2011.
Fiat plans to raise its 20 percent share to 25 percent with the introduction of the iconic Fiat 500 city car to be launched in the U.S. in January. Marchionne said that 5 percent increase should take effect in the fourth quarter of this year, or first quarter of next.
DETROIT, MI – It may not seem surprising that Milliken, a Republican, is endorsing a Republican for governor. But he has not always been quick to throw his support behind Republican candidates. He has been outspoken about his discontent with the direction of the Republican Party in recent years. But he thinks Snyder will appeal to the same moderate demographic he once did. And he thinks that will translate to working well with the Legislature.
Delta Township, MI – General Motors officials have announced the company will invest $37-million to make improvements and upgrades to its Lansing Delta Township plant. Officials say the investment will keep the plant competitive in the global automotive market.
Gerald Johnson is GM's Manufacturing Manager. He says the company has to be more responsible with its investments following its bankruptcy last year.
LANSING, MI – General Motors said Wednesday that it will invest $37 million in its Lansing Delta Township assembling plant. The money will be spent on tooling and equipment to improve its manufacturing capabilities.
The company builds Buick Enclave, Chevrolet Traverse and GMC Arcadia crossover vehicles at the plant, which opened in 2006. GM said sales of these vehicles grew 36 percent in September.