Displaying items tagged: economic development

Friday, 24 March 2023 15:14

Whitmer signs repeal of right-to-work law, reinstate of prevailing wage

Michigan Gov. Gretchen Whitmer has signed into law bills repealing the state’s “right-to-work” law and reinstating a law that requires higher wages and benefits to be paid on state-financed construction projects.

Published in Economic Development
Thursday, 23 March 2023 13:17

Michigan communities stretch child care grants to address a lingering shortage

GRAND RAPIDS — Even as the COVID-19 pandemic recedes, quality child care remains hard to come by for many Michigan families. That’s due in part to providers who left the field and didn’t return — and a handful of Michigan organizations hope to use new state grants to reverse the trend.

Published in Economic Development
Wednesday, 22 March 2023 10:20

Ford factory subsidies, at $690,000 per job, tally up to much more than other deals

LANSING — Michigan notched a win with Ford Motor Co’'s decision to build a $3.5 billion, 2,500-job electric vehicle battery factory in Marshall.

Published in Economic Development

Tuesday, 21 March 2023 22:27

State of the City: Mayor Bliss outlines ‘next version of Grand Rapids’

GRAND RAPIDS — Mayor Rosalynn Bliss outlined the “next version” of Grand Rapids during her eighth State of the City address, emphasizing the need for more housing density to meet demand, completing major riverfront projects and improving policing.

Published in Economic Development
Thursday, 16 March 2023 15:49

Grand Rapids residents prioritize housing, transportation, sustainability in next master plan

GRAND RAPIDS — Sustainability, transportation and placemaking are top priorities for Grand Rapids residents as city officials prepare a 20-year master plan to guide future development.

Published in Economic Development
Thursday, 16 March 2023 13:58

Ottawa County explores $27M public-private partnership to deploy broadband countywide

Ottawa County would extend broadband internet service to unserved and underserved areas of the county through a $27 million public-private partnership with a southeast Michigan firm.

Published in Economic Development

Thursday, 16 March 2023 06:00

Waséyabek leader lecturing at Harvard on tribal economic development success

GRAND RAPIDS — Deidra Mitchell, president and CEO of Waséyabek Development Co. LLC, was selected to guest lecture at Harvard’s Kennedy School of Government to promote best practices in tribal economic development.

Published in Economic Development
Tuesday, 14 March 2023 19:36

$8.5M Grand Rapids spending plan calls for affordable housing, neighborhood investments

GRAND RAPIDS — City officials have released a plan for spending $8.5 million in federal funding primarily on repairing or building hundreds of affordable housing units and creating homeownership opportunities.

Tuesday, 14 March 2023 14:24

DeVos-owned Fox Motors expands metro Detroit footprint with deal for 3 dealerships

GRAND RAPIDS — Fox Motors Group LLC has widened its reach on the southeast side of the state, acquiring three new dealerships and a collision center in metro Detroit. 

Published in Economic Development

Monday, 13 March 2023 13:47

MiBiz on WOOD-TV8: Local governments get creative with cannabis tax revenue

Local governments across Michigan are using cannabis excise tax revenue to fund basic public services as well as programs that aim to expand equity in the industry.

Published in Economic Development
Sunday, 12 March 2023 18:11

MiBiz Growth Report: March 13, 2023

A roundup of mergers and acquisitions, expansions and other briefs across West Michigan.

Published in Economic Development
Sunday, 12 March 2023 18:00

Tribal experts optimistic Grand River Bands will gain recognition

Tribal affairs experts say the federal government erred in determining that the Grand River Bands of Ottawa Indians failed to meet the criteria for federal recognition and remain optimistic that the tribe will successfully obtain the crucial designation.

Published in Economic Development

Wednesday, 08 March 2023 22:16

Democrats pass ‘right-to-work’ repeal and prevailing-wage mandate

LANSING — Michigan’s decade-old “right-to-work” laws are in peril now that Democratic legislators are acting to rescind them — as promised — two months after taking power in Lansing.

Published in Economic Development
Wednesday, 08 March 2023 20:25

Michigan Legislature votes to prohibit LGBTQ discrimination

LANSING — The Michigan House on Wednesday approved bills to add protections for LGBTQ people to the state’s civil rights law, capping a decades-long legislative effort to prohibit discrimination based on sexual orientation or gender identity in employment, public services and housing.

Published in Economic Development
Wednesday, 08 March 2023 16:09

ArtPrize hires longtime SXSW planner as executive director

GRAND RAPIDS — A long-running public art competition in Grand Rapids has tapped a former planner for the South by Southwest festival in Austin to lead the event into its next era.

Published in Economic Development

Wednesday, 08 March 2023 15:41

Local governments use cannabis tax revenue to offset budget deficits, promote equity 

Some Michigan municipalities are getting creative with how they spend tax revenue coming back from their licensed cannabis businesses, while others are using the annual funding for core services and resolving budget deficits.

Published in Economic Development
Tuesday, 07 March 2023 13:55

Grand Rapids amphitheater design progresses, will appeal to ‘younger generation’

GRAND RAPIDS — Developers are making progress on the design and overall vision for a Grand Rapids riverfront amphitheater, which they call “the largest proposed redevelopment of a riverfront in the nation at this point.”

Wednesday, 01 March 2023 11:38

New statewide scholarship program aims to lure next generation of EV, mobility workers

State officials are partnering with major universities and auto-sector employers on a new statewide scholarship program aimed at developing talent in the electric vehicle and mobility space.

Published in Manufacturing

Tuesday, 28 February 2023 14:36

MiBiz on WOOD-TV8: M&A awards spotlight dealmaking, economic activity in West Michigan

This week, MiBiz is celebrating the winners of the 10th annual M&A Deals & Dealmaker Awards, which recognizes top businesses and individuals contributing to the region’s economic vitality.

Published in Economic Development
Sunday, 26 February 2023 18:38

Winners of the 2023 Deals & Dealmakers Awards

Ten years ago, when MiBiz set out to recognize West Michigan’s top deals and dealmakers, we began with a simple premise. Our goal was to showcase the best business practices that the region has to offer and to demonstrate how West Michigan punches well above its weight class. 

Published in Economic Development
Sunday, 26 February 2023 18:35

Murthy’s strategic mindset, empathy drive results for Cascade Partners

Arjun Murthy’s career has taken him from the halls of Congress to Cascade Partners LLC, where he works as the investment banking firm’s youngest director. 

Published in Economic Development

Sunday, 26 February 2023 18:31

Hamilton leads 19 deals for national doctor-owned management services organization

In his role at Allied OMS LLC, a doctor-owned and -led management services organization, Brian Hamilton traveled more than 40 weeks out of the year in 2022.

Published in Economic Development
Sunday, 26 February 2023 18:27

Stemple’s passion for ESOP transactions bears fruit for WNJ practice

Buoyed by a rise in popularity of employee stock ownership plans among business owners, deal attorney Justin Stemple wrapped up the second busiest year of transactions he’s had in his 18-year career at Grand Rapids-based Warner Norcross + Judd LLP.

Published in Economic Development
Sunday, 26 February 2023 18:20

Helminski closes transformative $100M Michigan Opportunity Fund for Auxo

Jeff Helminski of Auxo Investment Partners was sitting in his downtown Grand Rapids office in May 2020, during the early days of the pandemic, when his phone rang with a cold call from a prospective investment partner. 

Published in Economic Development

Sunday, 26 February 2023 18:11

Vanderwel’s ‘solid leadership’ propels Grand Angels, West Michigan startup scene

When Jody Vanderwel first heard about Grand Angels, she knew very little about the business of angel investing. 

Published in Economic Development
Sunday, 26 February 2023 18:04

Third generation sells stalwart Mackinac Island ferry service

The Shepler family’s decision to sell the third-generation-owned ferry transportation company was “not taken lightly, but it was necessary.”

Published in Economic Development
Saturday, 25 February 2023 12:29

Gotion reassessing $2.4 billion factory footprint in Big Rapids area

Chinese battery parts manufacturer Gotion Inc. is reassessing real estate plans for a $2.4 billion factory in the Big Rapids area after scrutiny from a township board.

Published in Manufacturing

Sunday, 26 February 2023 18:16

AppleTree & Gilden Woods sells to second-largest for-profit child care provider

 Twenty-five years after founding AppleTree & Gilden Woods, President and CEO Brigdett VanDerHoff realized the timing was right for her to transition away from the early childhood and preschool care provider. 

Published in Economic Development
Sunday, 26 February 2023 18:00

Substitute staffing firm Edustaff attracts PE backing to propel national growth

Grand Rapids-based Edustaff LLC has quickly grown over the last dozen years from a regional company to the third-largest staffing organization in the country for substitute teachers.

Published in Economic Development
Sunday, 26 February 2023 18:39

Wastewater pipeline to spur agribiz growth plans in West Michigan

A new 20-mile pipeline more than a decade in the making will support growth plans for multiple West Michigan agribusinesses that have been hampered by limited wastewater infrastructure.

Published in Economic Development

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