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Inside Michigan's $261M plan to raze homes for megafactory that never came [CBS News]

Western Digital Corporation (WDC) 
Last western digital corporation earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.wdc.com
Company Research Source: CBS News
So in March 2023, he attended the Mundy Township Board of Trustees meeting, asked his elected officials — and was met with silence. "Everybody kind of looked at each other," Rood recalled. "They said, 'We can't talk about it.'" What City Manager Chad Young and then- Supervisor Tonya Ketzler didn't say was that they had already spent 14 months talking with state and county officials who were assembling a megasite just south of Flint Bishop Airport. In fact, they had signed nondisclosure agreements related to the project nine months earlier, records show. Such secrecy lasted more than two years during one of the biggest economic development gambles of Gov. Gretchen Whitmer's tenure — a $261 million speculative effort to assemble a 2-square-mile megasite to attract high-paying jobs to Genesee County without a company's commitment. Known as Project Grit , the project so far has acquired about 155 homes and demolished close to half. But backers have yet to attract a factory, leavi Show less Read more
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