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DTE Energy
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December 2023 Business Update Presentation
| Jerry Norcia | Page 23 of 11 |
April 27, 2024
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"December 2023 Business Update Presentation"
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Economic development fuels Michigan’s growth ? Michigan ranked in the top 10 by CNBC for America’s Top States for Business in 20 ? $4 billion General Motors investment to convert an assembly plant to produce full-size electric pickup trucks, creating 2,300 jobs ? $2.4 billion Gotion investment to build a new manufacturing facility, creating 2,350 jobs ? $1.7 billion LG Energy Solution investment to expand battery manufacturing facility, creating 1,200 jobs ? $1 billion in federal funding to develop a new hydrogen production plant and a refueling center, creating 1,500 jobs ? $500 million Magna International investment expanding a facility and building two additional facilities to help support the production of EVs, creating over 1,000 jobs ? $400 million Nel Hydrogen investment for a new manufacturing facility to produce green hydrogen, creating 500 jobs ? $103 million Niagara Bottling investment in a bottled water facility DTE Energy named one of the 20 Top Utilities in Economic Development by Site Selection Magazine