Michigan LIFT launch

Business · Heat 1.1 / 10 · 2 shows · 22m airtime

On September 29, 2026, Ford CEO Jim Farley, JPMorgan CEO Jamie Dimon and Michigan Governor Gretchen Whitmer announced Michigan LIFT, a public-private partnership to onshore advanced manufacturing. Ford committed $1 billion in purchasing from Michigan companies. JPMorgan, the anchor capital provider under its Security and Resiliency Initiative, has since committed $10 billion to direct investing in security and resiliency, and the initiative now covers 29 industries. The discussion has centered on supply chain resiliency, skilled trades and whether the model can be replicated in other states.

How 2 podcasts covered it

1. Bloomberg Tech, 2026-09-29 (10:37 to 26:25)
   Interviews Farley, Dimon and Whitmer at the launch
   Interviews Farley, Dimon and Whitmer at the launch, covering Ford's $1 billion purchasing commitment, JPMorgan's anchor capital role and the 1.7 million open skilled trades jobs.
   New angle: Ford commits $1 billion in purchasing for Michigan advanced manufacturing companies.
2. WSJ What's News, 2026-10-19 (11:37 to 18:16)
   Checks in on Dimon's resiliency program
   One-year check-in with Dimon on the Security and Resiliency Initiative, the capital program behind Michigan LIFT. He puts a number on direct investing and lists the sectors and allied countries the program now covers.
   New angle: JPMorgan has committed $10 billion to direct investing in security and resiliency, and the SRI now covers 29 industries.