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Posted on Thu, Mar 18, 2010 : 12:08 p.m.

New clean-tech company could bring hundreds of jobs to Southwest Michigan; Senate OKs bill to allow a payroll tax respite for hiring unemployed

By Ann Dwyer

Here is a roundup of business news occurring in Metro Detroit, Michigan, and around the Nation on Thursday, March 18th.

Metro Detroit • Ficano and Patterson reach agreement on aerotropolis legislation - Crain's Detroit Business • Grand jury subpoena on docket in Bravata case - The Associated Press

• Lear seeks to raise $450 million in new financing - Crain's Detroit Business • Planner hired to help Detroit's downsizing effort - The Associated Press • Ford, GM fare well in J.D. Power reliability rankings; Chrysler not so much - The Associated Press • Appeals court rejects Moroun bid - Detroit Free Press

Michigan • Study: Michigan last in economic performance - The Detroit News • Michigan's farm industry touts its $71B impact - The Detroit News • Some Michigan cities bet casinos would boost economy - The Detroit News • New clean-technology company could bring hundreds of jobs to Southwest Michigan, company official says - Kalamazoo Gazette • ADCO Products will expand operations in Jackson County; move will create more than 200 jobs - Jackson Citizen Patriot

National • Comerica repays TARP investment - Crain's Detroit Business • IRS wants paperwork to prove you deserve home buyer credit - Detroit Free Press • Initial jobless claims fall, according to U.S. Department of Labor - MLive.com • Senate OKs bill to allow a payroll tax respite for hiring unemployed - Detroit Free Press • Senate OKs bill to allow a payroll tax respite for hiring unemployed - Detroit Free Press • Fed chief fights for oversight - Detroit Free Press