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Michigan Loses Out on $100 Billion Semiconductor Plant After Offering Billions in Incentives

Photo: Patrick Breen ~ USA TODAY NETWORK

July 27, 2023 ~ Despite offering billions of dollars in incentives, Michigan lost out on a $100 billion semiconductor plant from Micron Technology.

Michigan offered the company $4 billion in direct tax incentives, plus a 50-year tax break for a total of $27.9 billion in financial incentives over time, reported by the Detroit News. Research analyst for Good Jobs First Jacob Whiton spoke to Kevin Dietz and Tom Jordan more about what he thought the deal would have done to taxpayers.


July 27, 2023 ~ Research analyst for Good Jobs First Jacob Whiton talks to Kevin Deitz and Tom Jordan about how Michigan offered billions in incentives to land a semiconductor plant, but it was not enough to close a deal.