Detroit Regional Chamber > Media Coverage > CEOs Push Legislators to ‘Choose Action Over Inaction’ on Economic Development, Transit

CEOs Push Legislators to ‘Choose Action Over Inaction’ on Economic Development, Transit

June 13, 2024

Crain’s Detroit Business
June 10, 2024
David Eggert

LANSING — Some of Michigan’s most influential business leaders are urging state lawmakers to get behind a 10-year economic development package that would commit $600 million annually to business-attraction incentives, public transportation, housing and community revitalization.

In a letter to legislative leaders Monday, the Detroit Regional CEO Group said bills under consideration in the Democratic-led House should be enacted into law. There were 21 signers, including General Motors Co. Chair and CEO Mary Barra; mortgage and real estate mogul Dan Gilbert; Ilitch Holdings Inc. President and CEO Christopher Ilitch; and the heads of other major companies including Penske Corp., Lear Corp., American Axle & Manufacturing Holdings Inc., Blue Cross Blue Shield of Michigan and Corewell Health. The leaders of the Detroit Regional Chamber and the Detroit Regional Partnership also signed on.