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Report for 1842-89 ends Dec. 31, for 1890- ends June 30.
It was and remains - the largest public/private contract ever entered into in Michigan. More than $35 million in taxpayer's money was awarded to UPSCO, a company developed to build innovative tug-barge vessels as part of a unique "rails-to-sails" transportation system that promised to revolutionize and transform the U.S./Michigan trucking and shipping industry in the early 1980s. Within seven years, however, two top company officials would be sentenced to prison; the company - and the hundreds of jobs it provided - lay in ruins; political careers were destroyed; and Michigan residents saw millions of their tax dollars disappear in an instant. But now, more than two-and-a-half decades later, ...