Michigan added more energy-sector jobs than any other state in 2021, boosted primarily by the automotive industry and growing attention to hybrid and electric vehicle models.
As Michigan emerges as one of the top cannabis markets in the U.S., industry experts and operators still face the growing pains of a sector with high barriers to entry and increasing consolidation.
GRAND RAPIDS — A major economic development project to build a 12,000-capacity amphitheater along the Grand River in downtown Grand Rapids has secured $30 million in state funding.
State officials have approved a $7.5 million loan for the redevelopment of the former McCamly Plaza hotel in downtown Battle Creek that’s being led by an affiliate of the city’s economic development arm.
BHSH System has reinstated its policy of performing abortions in “medically necessary” situations roughly 24 hours after saying it would only do so if the mother’s life was at risk.
Regulators approve Consumers Energy’s ‘historic’ plan to shutter West Mich. coal plant in 2025, speed up energy storage
The Michigan Public Service Commission has approved Consumers Energy’s latest long-term energy plan that calls for eliminating its coal-fired power in 2025 while also speeding up the deployment of energy storage.
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A social science research organization that abruptly split from Calvin University in recent months hopes to seize new opportunities to raise capital and work with more organizations that may have been hesitant to partner with a religious academic institution.
Two Michigan-based biofuel producers have received a total of nearly $8.7 million in federal relief to help recover from unexpected losses during the COVID-19 pandemic.
A statewide advanced energy trade group recently released a “roadmap” for the state to maximize hundreds of millions of dollars in federal infrastructure funding in the coming years.
In late March, the U.S. Securities and Exchange Commission issued a sweeping proposal that would require publicly traded companies to disclose climate change risks that are likely to affect their business, as well as their direct and indirect greenhouse gas emissions.
State agriculture officials have announced $200,000 in grant funding to support a Norton Shores coffee producer’s expansion that would create the largest cold brew production facility in the United States.
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West Michigan is playing a major role in the ongoing U.S. baby formula shortage as producers fall in the center of a product recall or are ramping up production to help meet consumer needs.
GRAND RAPIDS — CMS Energy and Spectrum Health West Michigan are partnering on a new solar energy project that will help meet the power needs at a planned 80-bed subacute rehabilitation center on the city’s northeast side.
Consumers, DTE sue contractor over ‘defective work,’ project delays in $500M Ludington pumped storage plant upgrade
Michigan’s two major electric utilities that jointly own the Ludington Pumped Hydro Storage power plant along Lake Michigan claim the contractor hired for a $500 million upgrade of the facility has “delivered defective work” and is failing to meet contractual deadlines.
COVERT — Gov. Gretchen Whitmer and state energy regulators now see a path to keep the Palisades Power Plant in Van Buren County open beyond its scheduled May 31 closing date in hopes of preserving hundreds of jobs and a major clean energy resource.
COVERT — The owner of the Palisades nuclear power plant in Southwest Michigan disclosed last week that 184 jobs will be eliminated soon after the plant permanently closes on May 31.
In the nearly two years since Minneapolis police killed George Floyd and sparked a national wave of civil unrest, the business community has responded with both internal and external commitments to diversity, equity and inclusion.
Michigan is seeking more than $30 million in federal funding to accelerate the cleanup of hundreds of abandoned oil and gas wells across the state.
State cannabis regulators are formulating rules for hemp farmers seeking to convert their harvests into synthetic marijuana products that produce similar highs to THC-laden products.
After an active dealmaking year in 2021 that was fueled by private equity, the M&A outlook for 2022 is slightly more clouded as inflation grows to 40-year highs, the Federal Reserve begins bumping up interest rates and Russia’s invasion of Ukraine disrupts financial markets.
HOLLAND — LG Energy Solution Michigan Inc. is planning a $1.7 billion lithium ion battery manufacturing expansion on vacant land the company owns in Holland, officials announced today.
BOYNE CITY — Michigan’s largest member-owned electric utility is poised for new leadership as Shaun Lamp prepares to take over as president and CEO of Great Lakes Energy on March 19.
Regional business and economic development leaders recently announced a list of 12 “transformational” projects that could reshape Kent County’s ability to attract visitors, new residents and employers.
WALKER — Meijer Inc. has signed a 15-year contract to purchase output from a large-scale solar project in Texas under an agreement that will offset the retailer’s carbon emissions.
Michigan electric vehicle registrations climbed nearly 60 percent over the past year, which comes as the state is preparing to deploy tens of millions of dollars for additional charging infrastructure.
Born and raised in West Michigan, Mark Streekstra returned to Grand Rapids in 2019 to join investment banking firm Charter Capital Partners after working deals for nearly 12 years in Chicago at a multinational company.
After the acquisition of a Grand Haven-based emerging tech and media firm, Century Technology Group Inc. is already finalizing plans to integrate it with another portfolio company.
The nonprofit economic development arm for the city of Battle Creek has taken on a new role as private developer to turn around a failed attempt at reviving a prominent downtown property.