After spending $260 million buying 1,300 acres Michigan loses massive semiconductor plant.
The company planning a massive semiconductor manufacturing center that promised 10,000 jobs near Flint pulled the plug on the deal this week, according to Michigan Gov. Gretchen Whitmer, who blamed the move on “national economic turmoil."
The Sandisk Corporation had been eying the Genesee County megasite — about 1,300 acres so far, funded by $260 million in taxpayer dollars. Michigan was the company’s “preferred destination,” Whitmer said Monday in a statement.
The firm’s decision to drop the $63 billion project followed a years-long effort to assemble the massive property, which the state’s economic developers said was a top site in the nation for such a facility.
Whitmer has made the project a central focus of her second term. In May, she laid out her goal to land a major semiconductor fabrication plant by the end of next year — her last in office.
https://www.bridgemi.com/business-watch/michigan-loses-massive-semiconductor-plant-whitmer-blames-national-economic-turmoil
= new reply since forum marked as read
Huh?
What economic turmoil?
Surely she can’t mean the Tariff of Caprice, Whimsy, and Bad Mood, can she?
Last edited Thu Jul 17, 2025, 10:54 AM - Edit history (1)
So, back in the early 2000s, Nashville, TN decided to woo Dell computers. They gave them breaks. They gave them incentives. They redesigned roads to allow for their business location to have ease of travel. Nashville practically paid for them to come to that city.
Dell was all hyped. They did interviews. They did promotions. They acted like this was a match made in heaven.
And, it was. For Dell.
So, after about five years of being there and making very little in the way of 'innovations' and 'expansion of technology', they pulled out. They did not change anything about their agreement and, to my knowledge, Nashville did not put up much of a fight about it.
So, Dell got payments many years after they were nothing more than a shell presence in the area. Their plant was relocated to another state and they left a token presence to make sure they were still getting those sweet perks from the State of Tennessee, the county of Davidson, and the city of Nashville.
As far as I know, this is going on to this day.
Cities who enter into agreements with these corporations are learning what FAFO means. One would think these local reps would heed the stories coming from Nashville, and other cities who were treated like Dell treated Nashville.
Yet, for some inexplicable reason...
All US corporations are crappy. It's the level of crap that matters. 
p.s. - interchange crap with sh7t for more reality. 
Yours is equally effective! 
