Latest news with #Flint
7NEWS
a day ago
- Business
- 7NEWS
Selling vs buying property: Navigating borrowing power
Flint Mortgage Brokers Buying and selling property at the same time is one of the biggest financial decisions many Australians will ever make. It is also one of the most complex, particularly when it comes to how your borrowing power is assessed along the way. The sequence you choose - whether selling first, buying first, or aiming for simultaneous settlement - will directly affect how much you can borrow, the strength of your loan application, and the amount of financial pressure you might experience. If you are planning your next property move, it is critical to understand how lenders assess your position at each stage and how to structure your approach to avoid unnecessary stress. Selling first: the safest way to protect your borrowing power Selling your current property before buying your next is the most conservative approach. Once the sale is complete and settled, your existing mortgage is paid off and your equity is released, giving you a clean slate to work from. This approach simplifies your borrowing position. Lenders only need to assess your income, expenses, and deposit for the new purchase. There is no overlap between loans, which often results in a stronger borrowing capacity and a smoother approval process. However, selling first does require flexibility. You may need temporary accommodation or storage, and there is always the risk of being priced out if property values rise before you find your next home. Despite this, it remains the most straightforward strategy from a lending point of view. Buying first: more control, but greater financial complexity Buying a new home before selling your current one gives you more control over your next move. It allows you to take your time finding the right property without the pressure of having already sold. But it comes with added financial complexity. If you buy first, lenders may require you to show that you can service both your existing mortgage and the new loan at the same time. That can significantly reduce your borrowing power, especially if your income or expenses are tightly balanced. In these cases, a bridging loan may be necessary. Bridging finance is a short-term facility that allows you to purchase your next home while waiting for your current property to sell. You usually only pay interest during the bridging period, which is often capitalised into the loan. Once your home is sold, the proceeds are used to reduce the debt to your final loan amount. Bridging loans require careful planning. They are best suited to borrowers with substantial equity in their current property - typically over 50 per cent - and confidence in the expected sale price. If your property takes longer to sell or sells for less than expected, the financial pressure can quickly escalate. Simultaneous settlement: ideal but hard to pull off Coordinating the sale of your current home with the purchase of your next so that both settlements occur on the same day is often seen as the perfect solution. In theory, it allows the proceeds of the sale to directly fund the new purchase without needing bridging finance or temporary accommodation. While this approach can work well, it relies on tight timing and cooperation across multiple parties. Any delay in either transaction - from the buyer, seller, or lender - can throw off the entire plan. When it works, it is a smooth and efficient way to transition between homes. But when it does not, the consequences can be costly. Buying with an extended settlement: a smart middle ground One of the most effective - yet underused - strategies is negotiating a longer settlement on the property you are buying. Instead of the standard 30 to 42 days, pushing for a 90-to-120-day settlement can give you the breathing room to sell your current property first, while already having your next home secured. This approach avoids the need for bridging finance and preserves your borrowing power, as lenders only need to assess you based on the final position once your sale completes. It also gives you time to prepare your current home for sale and run a proper campaign, rather than rushing to meet tight deadlines. Not every vendor will accept an extended settlement, but many will if you are transparent, pre-approved, and flexible on other terms. Your borrowing power is not fixed. It changes depending on the timing of your sale, the equity in your current property, and how you structure your move. Choosing the right sequence - sell first, buy first, or settle simultaneously - can make the difference between a smooth transition and a stressful scramble. Before you make your next move, take time to model out each scenario, understand the lending implications, and speak with a broker who can help you navigate the process. With the right plan in place, you can manage your borrowing power confidently and make your property journey a success. Christian Stevens is the founder of Flint - Australia's Leading mortgage Brokers. He is a five-time recipient of the Best Residential Broker in Australia and has been named Australian Broker of the Year three times. In 2024, Flint was recognised as the Leading Finance Brokerage in the country. Christian has helped thousands of Australians build wealth through property. His views are his own and do not constitute financial advice.
Leader Live
2 days ago
- Sport
- Leader Live
Ben agrees to loan switch from TNS to league rivals Flint
Making the move to the Essity Stadium ahead of the big kick-off is Ben Woollam, who has made a loan switch from defending champions The New Saints. Woollam, a 21 year-old-defender, has 40 Cymru Premier appearances under his belt and he has previously enjoyed loan spells at Bala Town and Aberystwyth Town. Flint boss Lee Fowler told the club's website: 'We have signed Woolly on a season-long loan from TNS and I would like to thank Craig (Harrison) and TNS for helping us with this. 'Ben is someone we've been after for two seasons and with interest from another Welsh Prem side in signing him, we are made up he has decided to come here. 'I'm looking forward to working with Ben and I know he will fit in with the lads and we are really pleased to have landed him. 'With Isaac Lee's future looking increasingly likely to be away from the club, this transfer was always planned and we will be looking to add one more face ready for our first game (versus) Holywell.' Flint last week revealed they had received formal offers from EFL clubs for Lee and permission had been granted for him to hold talks with all parties involved. The Silkmen meet Holywell in the Welsh League Cup in early August to open their season.
Yahoo
6 days ago
- Business
- Yahoo
Whitmer: Trump promises 'better deal' for Michigan after semiconductor factory falls apart
Gov. Gretchen Whitmer said President Donald Trump promised to deliver federal help for a big economic boost in the state after plans for a semiconductor factory near Flint recently fell through, an outcome she and other Michigan Democrats have blamed on national economic uncertainty they say stems from Trump's policies. Whitmer has set a goal of securing a semiconductor facility in Michigan before she leaves office. But that faced a major setback July 16 when Whitmer announced that a company eyeing the state will no longer build a plant in Michigan or anywhere else in the United States. Sandisk was working with the Michigan Economic Development Corporation, which proposed a massive package of corporate subsidies before the company changed course. The company has declined to comment. But Whitmer cited economic challenges nationally, including tariffs, for the decision not to locate a new factory in Genesee County's Mundy Township. "We're hearing from businesses every single day what it means in terms of their ability to make investments and why we're seeing paralysis. It's not a surprise, unfortunately," Whitmer told reporters July 17. The governor said she called Trump a day earlier to share her disappointment with the semiconductor factory falling through. "He said, 'tell the press, we are going to work together to get an even better deal for the state of Michigan,' " Whitmer said. The White House did not immediately respond to a request for comment. Whitmer's comments came after U.S. Small Business Administrator Kelly Loeffler visited Michigan to champion Trump's economic policies, zeroing in on the tax and spending law he recently signed. Over the hum of machinery in a small aerospace and defense manufacturing facility in Sterling Heights, Loeffler championed Trump's tax and spending bill as a boon for businesses and workers. The federal legislation recently signed into law by Trump will incentivize economic growth, she told reporters at NTL Industries, marking her latest stop on a nationwide tour to meet with manufacturers across the country. "This is a pro-small business bill, it's pro-worker," Loeffler told reporters. Asked to comment on businesses that may be reversing course on building in the United States due to Trump's policies, Loeffler said that's not happening. "Well, we sure haven't seen that," she said. Michigan Democratic Party Chair Curtis Hertel pushed back in a statement. "We would encourage Loeffler to travel to Mundy Township while she's here to apologize for the thousands of jobs that the Trump Administration killed with its disastrous economic agenda," he said. Democrats have also railed against Trump's policies on the social safety net, including the cuts to Medicaid and food assistance in Trump's "One Big Beautiful Bill Act" and blasted the tax breaks in the law as a windfall for the wealthy paid for off the backs of poor people. Michigan Politics: Gov. Gretchen Whitmer's goal to land a semiconductor factory in Michigan faces a setback Whitmer joined the chorus of criticism even as she courts Trump's support for her federal policy priorities. Whitmer said her administration is still analyzing the impact the new federal law will have on the state budget not only this year but also down the road. "One of the gimmicks Congress did was not make it all come into effect immediately, probably because they don't want people to know how bad it is when they go into the midterms to vote," she said. Contact Clara Hendrickson: chendrickson@ or 313-296-5743. This article originally appeared on Detroit Free Press: Whitmer spoke to Trump after semiconductor deal fell apart
The Advertiser
6 days ago
- Health
- The Advertiser
'Respect my choices': mum denied C-section despite sexual abuse history
Newcastle mother Shayne Flint was denied a caesarean for her baby's birth, despite raising concerns that a forceps delivery would be a trauma trigger. Ms Flint, a registered nurse, was concerned from the start of her pregnancy that trauma could re-emerge during birth. "I had a history of childhood sexual abuse. I'd already done therapy my entire life to recover from that," she said. Ms Flint's son Taiden was born in August last year at a NSW hospital, which she decided not to name. "I've come to a place in my healing journey that I'm not trying to blame doctors," she said. "They're overworked and struggling. This is a bigger picture issue." During pregnancy, she disclosed her history of child sexual assault, PTSD and anxiety. Around the 30-week mark, she contacted the hospital and had "correspondence for a few weeks with the social worker on the maternity ward". "Together we made my birth plan, so it was in the system and everybody was on the same page. "It was in writing that I wanted a natural, calm birth. "But if intervention was required, I wanted a C-section over a forceps delivery to avoid being re-traumatised." Her birth plan highlighted that she had a "good understanding of prior trauma increasing the risk of birth trauma and complications". "Please respect my choices. Trust my judgement," the plan said. In the plan, her history of child sexual assault was noted in bold type, "so everyone was on the same page". When the birth happened, she said there were "emergency interventions". "Throughout my labour, there were documented signs of fetal distress," she said. "Midwives raised concerns multiple times, suggesting obstetric review and a potential C-section." Ms Flint said the obstetrician told her: "We don't have time for a C-section. I know that's what you want, but we need to get your baby out". Ms Flint said she suffered "severe obstetric violence from a complicated forceps delivery". She was later diagnosed with PTSD from birth-related trauma. "I also sustained serious birth injuries, including severe nerve damage causing drop foot for five months, heavy blood loss, anaemia and an infected episiotomy." She said these conditions had been "overlooked" after the birth. "We were discharged after just 36 hours, unseen by any doctor, despite hospital policy. "Internal investigations were launched after a midwife withheld my prescribed pain relief, telling me 'you shouldn't need this'. "We were told it was a simple mistake." She met the hospital's head obstetrician "to figure out what went so wrong with my birth". "It was disclosed that there probably wasn't even a need for there to be an emergency. There was enough time to do a C-section." Birth Trauma Australia CEO Amy Dawes said it was "staggering" that Shayne's case happened after the NSW birth trauma inquiry. "It was preventable trauma. There's really no excuse for it. It's shocking," said Ms Dawes, as she marked Birth Trauma Awareness Week. The birth trauma inquiry led the NSW government to give maternity care a $45 million boost in last month's state budget. A NSW Health spokesperson said "more than 90,000 women give birth in NSW each year". "For many women, this life experience is positive," the spokesperson said. "However, NSW Health acknowledges that some women experience birth trauma, which may be physical and/or psychological. "We recognise and are thankful for the courage and strength of the thousands of women who shared their deeply personal and difficult experiences throughout the birth trauma inquiry." The government was accelerating five initiatives this year in response to the inquiry, to ensure women "receive compassionate, respectful and equitable maternity care". This included trauma-informed maternity care, improving consent processes in maternity care, and supporting women who experience pregnancy complications. Mr Dawes said Ms Flint's case showed "postnatal care pathways are not adequately screening women to respond to birth injuries and psychological injuries". "That's leaving the burden on women and families, while often managing newborns," she said. Three days after he was born, Taiden was "becoming unresponsive" and turning blue at home. "After receiving lifesaving first aid from family, he was taken to hospital by intensive care paramedics." After another critical episode, Taiden was admitted to the paediatric intensive care unit. "I fought for an MRI. The scan revealed a subdural intracranial haemorrhage - a brain bleed linked to his traumatic birth." Medical documents showed "clinicians downplayed their significance, labelling them as a 'normal forceps bruise'." Ms Flint said Taiden was now "doing better every day". "The most painful part was not just the injuries, it was being labelled and dismissed." On Taiden's discharge summary, "irritable infant" was written. She said her experience "highlights a widespread failure in maternity and neonatal care". Preventable birth trauma had been normalised and "mothers' voices sidelined by a system more focused on statistics than safety". "We're not looking for sympathy. We're looking for change." Newcastle mother Shayne Flint was denied a caesarean for her baby's birth, despite raising concerns that a forceps delivery would be a trauma trigger. Ms Flint, a registered nurse, was concerned from the start of her pregnancy that trauma could re-emerge during birth. "I had a history of childhood sexual abuse. I'd already done therapy my entire life to recover from that," she said. Ms Flint's son Taiden was born in August last year at a NSW hospital, which she decided not to name. "I've come to a place in my healing journey that I'm not trying to blame doctors," she said. "They're overworked and struggling. This is a bigger picture issue." During pregnancy, she disclosed her history of child sexual assault, PTSD and anxiety. Around the 30-week mark, she contacted the hospital and had "correspondence for a few weeks with the social worker on the maternity ward". "Together we made my birth plan, so it was in the system and everybody was on the same page. "It was in writing that I wanted a natural, calm birth. "But if intervention was required, I wanted a C-section over a forceps delivery to avoid being re-traumatised." Her birth plan highlighted that she had a "good understanding of prior trauma increasing the risk of birth trauma and complications". "Please respect my choices. Trust my judgement," the plan said. In the plan, her history of child sexual assault was noted in bold type, "so everyone was on the same page". When the birth happened, she said there were "emergency interventions". "Throughout my labour, there were documented signs of fetal distress," she said. "Midwives raised concerns multiple times, suggesting obstetric review and a potential C-section." Ms Flint said the obstetrician told her: "We don't have time for a C-section. I know that's what you want, but we need to get your baby out". Ms Flint said she suffered "severe obstetric violence from a complicated forceps delivery". She was later diagnosed with PTSD from birth-related trauma. "I also sustained serious birth injuries, including severe nerve damage causing drop foot for five months, heavy blood loss, anaemia and an infected episiotomy." She said these conditions had been "overlooked" after the birth. "We were discharged after just 36 hours, unseen by any doctor, despite hospital policy. "Internal investigations were launched after a midwife withheld my prescribed pain relief, telling me 'you shouldn't need this'. "We were told it was a simple mistake." She met the hospital's head obstetrician "to figure out what went so wrong with my birth". "It was disclosed that there probably wasn't even a need for there to be an emergency. There was enough time to do a C-section." Birth Trauma Australia CEO Amy Dawes said it was "staggering" that Shayne's case happened after the NSW birth trauma inquiry. "It was preventable trauma. There's really no excuse for it. It's shocking," said Ms Dawes, as she marked Birth Trauma Awareness Week. The birth trauma inquiry led the NSW government to give maternity care a $45 million boost in last month's state budget. A NSW Health spokesperson said "more than 90,000 women give birth in NSW each year". "For many women, this life experience is positive," the spokesperson said. "However, NSW Health acknowledges that some women experience birth trauma, which may be physical and/or psychological. "We recognise and are thankful for the courage and strength of the thousands of women who shared their deeply personal and difficult experiences throughout the birth trauma inquiry." The government was accelerating five initiatives this year in response to the inquiry, to ensure women "receive compassionate, respectful and equitable maternity care". This included trauma-informed maternity care, improving consent processes in maternity care, and supporting women who experience pregnancy complications. Mr Dawes said Ms Flint's case showed "postnatal care pathways are not adequately screening women to respond to birth injuries and psychological injuries". "That's leaving the burden on women and families, while often managing newborns," she said. Three days after he was born, Taiden was "becoming unresponsive" and turning blue at home. "After receiving lifesaving first aid from family, he was taken to hospital by intensive care paramedics." After another critical episode, Taiden was admitted to the paediatric intensive care unit. "I fought for an MRI. The scan revealed a subdural intracranial haemorrhage - a brain bleed linked to his traumatic birth." Medical documents showed "clinicians downplayed their significance, labelling them as a 'normal forceps bruise'." Ms Flint said Taiden was now "doing better every day". "The most painful part was not just the injuries, it was being labelled and dismissed." On Taiden's discharge summary, "irritable infant" was written. She said her experience "highlights a widespread failure in maternity and neonatal care". Preventable birth trauma had been normalised and "mothers' voices sidelined by a system more focused on statistics than safety". "We're not looking for sympathy. We're looking for change." Newcastle mother Shayne Flint was denied a caesarean for her baby's birth, despite raising concerns that a forceps delivery would be a trauma trigger. Ms Flint, a registered nurse, was concerned from the start of her pregnancy that trauma could re-emerge during birth. "I had a history of childhood sexual abuse. I'd already done therapy my entire life to recover from that," she said. Ms Flint's son Taiden was born in August last year at a NSW hospital, which she decided not to name. "I've come to a place in my healing journey that I'm not trying to blame doctors," she said. "They're overworked and struggling. This is a bigger picture issue." During pregnancy, she disclosed her history of child sexual assault, PTSD and anxiety. Around the 30-week mark, she contacted the hospital and had "correspondence for a few weeks with the social worker on the maternity ward". "Together we made my birth plan, so it was in the system and everybody was on the same page. "It was in writing that I wanted a natural, calm birth. "But if intervention was required, I wanted a C-section over a forceps delivery to avoid being re-traumatised." Her birth plan highlighted that she had a "good understanding of prior trauma increasing the risk of birth trauma and complications". "Please respect my choices. Trust my judgement," the plan said. In the plan, her history of child sexual assault was noted in bold type, "so everyone was on the same page". When the birth happened, she said there were "emergency interventions". "Throughout my labour, there were documented signs of fetal distress," she said. "Midwives raised concerns multiple times, suggesting obstetric review and a potential C-section." Ms Flint said the obstetrician told her: "We don't have time for a C-section. I know that's what you want, but we need to get your baby out". Ms Flint said she suffered "severe obstetric violence from a complicated forceps delivery". She was later diagnosed with PTSD from birth-related trauma. "I also sustained serious birth injuries, including severe nerve damage causing drop foot for five months, heavy blood loss, anaemia and an infected episiotomy." She said these conditions had been "overlooked" after the birth. "We were discharged after just 36 hours, unseen by any doctor, despite hospital policy. "Internal investigations were launched after a midwife withheld my prescribed pain relief, telling me 'you shouldn't need this'. "We were told it was a simple mistake." She met the hospital's head obstetrician "to figure out what went so wrong with my birth". "It was disclosed that there probably wasn't even a need for there to be an emergency. There was enough time to do a C-section." Birth Trauma Australia CEO Amy Dawes said it was "staggering" that Shayne's case happened after the NSW birth trauma inquiry. "It was preventable trauma. There's really no excuse for it. It's shocking," said Ms Dawes, as she marked Birth Trauma Awareness Week. The birth trauma inquiry led the NSW government to give maternity care a $45 million boost in last month's state budget. A NSW Health spokesperson said "more than 90,000 women give birth in NSW each year". "For many women, this life experience is positive," the spokesperson said. "However, NSW Health acknowledges that some women experience birth trauma, which may be physical and/or psychological. "We recognise and are thankful for the courage and strength of the thousands of women who shared their deeply personal and difficult experiences throughout the birth trauma inquiry." The government was accelerating five initiatives this year in response to the inquiry, to ensure women "receive compassionate, respectful and equitable maternity care". This included trauma-informed maternity care, improving consent processes in maternity care, and supporting women who experience pregnancy complications. Mr Dawes said Ms Flint's case showed "postnatal care pathways are not adequately screening women to respond to birth injuries and psychological injuries". "That's leaving the burden on women and families, while often managing newborns," she said. Three days after he was born, Taiden was "becoming unresponsive" and turning blue at home. "After receiving lifesaving first aid from family, he was taken to hospital by intensive care paramedics." After another critical episode, Taiden was admitted to the paediatric intensive care unit. "I fought for an MRI. The scan revealed a subdural intracranial haemorrhage - a brain bleed linked to his traumatic birth." Medical documents showed "clinicians downplayed their significance, labelling them as a 'normal forceps bruise'." Ms Flint said Taiden was now "doing better every day". "The most painful part was not just the injuries, it was being labelled and dismissed." On Taiden's discharge summary, "irritable infant" was written. She said her experience "highlights a widespread failure in maternity and neonatal care". Preventable birth trauma had been normalised and "mothers' voices sidelined by a system more focused on statistics than safety". "We're not looking for sympathy. We're looking for change." Newcastle mother Shayne Flint was denied a caesarean for her baby's birth, despite raising concerns that a forceps delivery would be a trauma trigger. Ms Flint, a registered nurse, was concerned from the start of her pregnancy that trauma could re-emerge during birth. "I had a history of childhood sexual abuse. I'd already done therapy my entire life to recover from that," she said. Ms Flint's son Taiden was born in August last year at a NSW hospital, which she decided not to name. "I've come to a place in my healing journey that I'm not trying to blame doctors," she said. "They're overworked and struggling. This is a bigger picture issue." During pregnancy, she disclosed her history of child sexual assault, PTSD and anxiety. Around the 30-week mark, she contacted the hospital and had "correspondence for a few weeks with the social worker on the maternity ward". "Together we made my birth plan, so it was in the system and everybody was on the same page. "It was in writing that I wanted a natural, calm birth. "But if intervention was required, I wanted a C-section over a forceps delivery to avoid being re-traumatised." Her birth plan highlighted that she had a "good understanding of prior trauma increasing the risk of birth trauma and complications". "Please respect my choices. Trust my judgement," the plan said. In the plan, her history of child sexual assault was noted in bold type, "so everyone was on the same page". When the birth happened, she said there were "emergency interventions". "Throughout my labour, there were documented signs of fetal distress," she said. "Midwives raised concerns multiple times, suggesting obstetric review and a potential C-section." Ms Flint said the obstetrician told her: "We don't have time for a C-section. I know that's what you want, but we need to get your baby out". Ms Flint said she suffered "severe obstetric violence from a complicated forceps delivery". She was later diagnosed with PTSD from birth-related trauma. "I also sustained serious birth injuries, including severe nerve damage causing drop foot for five months, heavy blood loss, anaemia and an infected episiotomy." She said these conditions had been "overlooked" after the birth. "We were discharged after just 36 hours, unseen by any doctor, despite hospital policy. "Internal investigations were launched after a midwife withheld my prescribed pain relief, telling me 'you shouldn't need this'. "We were told it was a simple mistake." She met the hospital's head obstetrician "to figure out what went so wrong with my birth". "It was disclosed that there probably wasn't even a need for there to be an emergency. There was enough time to do a C-section." Birth Trauma Australia CEO Amy Dawes said it was "staggering" that Shayne's case happened after the NSW birth trauma inquiry. "It was preventable trauma. There's really no excuse for it. It's shocking," said Ms Dawes, as she marked Birth Trauma Awareness Week. The birth trauma inquiry led the NSW government to give maternity care a $45 million boost in last month's state budget. A NSW Health spokesperson said "more than 90,000 women give birth in NSW each year". "For many women, this life experience is positive," the spokesperson said. "However, NSW Health acknowledges that some women experience birth trauma, which may be physical and/or psychological. "We recognise and are thankful for the courage and strength of the thousands of women who shared their deeply personal and difficult experiences throughout the birth trauma inquiry." The government was accelerating five initiatives this year in response to the inquiry, to ensure women "receive compassionate, respectful and equitable maternity care". This included trauma-informed maternity care, improving consent processes in maternity care, and supporting women who experience pregnancy complications. Mr Dawes said Ms Flint's case showed "postnatal care pathways are not adequately screening women to respond to birth injuries and psychological injuries". "That's leaving the burden on women and families, while often managing newborns," she said. Three days after he was born, Taiden was "becoming unresponsive" and turning blue at home. "After receiving lifesaving first aid from family, he was taken to hospital by intensive care paramedics." After another critical episode, Taiden was admitted to the paediatric intensive care unit. "I fought for an MRI. The scan revealed a subdural intracranial haemorrhage - a brain bleed linked to his traumatic birth." Medical documents showed "clinicians downplayed their significance, labelling them as a 'normal forceps bruise'." Ms Flint said Taiden was now "doing better every day". "The most painful part was not just the injuries, it was being labelled and dismissed." On Taiden's discharge summary, "irritable infant" was written. She said her experience "highlights a widespread failure in maternity and neonatal care". Preventable birth trauma had been normalised and "mothers' voices sidelined by a system more focused on statistics than safety". "We're not looking for sympathy. We're looking for change."
CBS News
17-07-2025
- Business
- CBS News
Whitmer says "massive economic uncertainty" is to blame on semiconductor project failure
Plans to build a semiconductor manufacturing plant in Michigan have fallen through, and Democratic Gov. Gretchen Whitmer said Wednesday that "massive economic uncertainty" is to blame. Bringing the company to Michigan was a key goal for Whitmer, who is in her final years as governor of the battleground state. Domestic manufacturing is a priority of President Donald Trump's second administration and the president has leveraged tariffs as a way to incentivize companies to build and stay in America. While Whitmer did not mention Trump by name in her remarks, she pointed the finger at his tariffs that have shaken up the economy periodically this year. "Their board came to this decision amid national economic turmoil, which is at risk of worsening amid threats of even higher tariffs," Whitmer said in a statement. Whitmer did not name the company, but state records show California-based technology firm Sandisk Corp. was considering the sprawling 1,300-acre site near the city of Flint and forecasted 9,400 jobs and 5,000 construction jobs as a result. Sandisk declined to comment on Wednesday. The news quickly set off dueling political statements from Republicans and Democrats in the state. The Trump administration is using tariffs and other tactics to bring manufacturing in critical areas like semiconductors back to the U.S., White House spokesperson Kush Desai said in a statement in response to Whitmer's remarks. Desai pointed to new semiconductor development in Texas and Arizona this year as wins garnered by the Trump administration in the chips and technology industry. Other Democrats were quick to attribute the loss in Michigan to Trump's economic policies on Wednesday. "Trump's abandonment of long-term investments and chaotic tariff practices are not only raising costs, they just killed 10,000 good-paying jobs," U.S. Rep. Kristen McDonald Rivet, a Democrat who represents the area, said in a statement. "This could have been a game-changer for mid-Michigan's economy." Michigan House of Representatives Speaker Matt Hall, a Republican, said he supports Trump's strategy of relying on tariffs and incentives in the tax and spending bill to bring manufacturing development to America, not overseas. "We simply need state leaders who are focused on making sure Michigan is the best possible place to build and grow," he said. Sandisk, known for making flash drives and memory cards, was looking to break ground on the project in 2025, according to documents provided by the Michigan Economic Development Corporation. Michigan offered Sandisk $1.925 billion in cash grants, $250 million in workforce development funding, and about $3.76 billion in tax breaks, according to documents dated August 2024. Congress passed the CHIPS and Science Act, incentivizing technology development about halfway through former President Joe Biden's term. Even as Trump and Republican lawmakers have since threatened to put an end to the act, the Department of Commerce was collaborating with Sandisk on securing federal incentives through the package. Whitmer, in her statement,t said that the company is no longer looking to build a semiconductor facility anywhere in the U.S. In a speech in May, Whitmer said she had been advocating with the Trump administration directly to help bring a chip plant to the state.
