Displaying items by tag: The Right Place Inc
WYOMING — Industrial recycling and scrap management company PADNOS plans to invest $6.6 million to expand its facility in Wyoming.
If it’s money that matters most when people look for work or to relocate for a new job, then West Michigan may be at a disadvantage in competing for the coveted talent needed to drive economic growth.
The longstanding U.S. Supreme Court ruling in Roe v. Wade, which has protected abortion access before fetal viability for 49 years, is set to be directly challenged this year.
Economic development leaders and elected officials have mobilized in recent months to attract major advanced manufacturing projects after Ford’s announcement of $11.4 billion in battery and assembly projects in Kentucky and Tennessee. The Right Place Inc. President and CEO Randy Thelen called it the “straw that broke the camel’s back,” foreshadowing multiple new economic development efforts statewide. Thelen recently discussed potential new incentives, as well as labor market forces that are shaping his outlook for the year ahead.
Michigan’s economy and jobs are expected to continue to recover in 2022 from the deep downturn last year resulting from the COVID-19 pandemic.
If there’s any certainty about 2022, it’s that Michigan policymakers will have billions of federal dollars to distribute for infrastructure and economic development.
West Michigan’s economy remains strong heading for the end of 2021 with expectations for continued growth in 2022, according to a new outlook from The Right Place Inc.
Michigan’s two largest investor-owned utilities seek to play a more active role in economic development — particularly in luring advanced manufacturing facilities to the state — with plans to offer new electricity rates for large expansion projects.
Advanced automotive battery suppliers are considering a pair of West Michigan cities for new or expanded manufacturing facilities, MiBiz has learned.
GRAND RAPIDS — The Wege Foundation’s $1 million investment committed to the New Community Transformation Fund comes from a shared vision to support greater economic diversity and inclusion in West Michigan’s economy.