While Gov. Rick Snyder famously campaigned against the government picking winners and losers, the state’s economic development agency during his first term made a clear bet on one segment of the Michigan economy: manufacturing.
A skilled workforce is right near the top of just about every business and political leader’s wish list in Michigan.
The Business Leaders for Michigan (BLM) has long advocated to make Michigan a top 10 state for jobs, personal income and a healthy economy. But a new report by the group shows that its lofty goal could be difficult to achieve given current trends.
Michigan continues to rank 13th in the U.S. for its overall business tax burden, holding to a position that improved significantly in the last few years after legislators enacted sweeping changes to the state’s tax code.
Navigating global competition, creating an environment for successful entrepreneurship and dealing with increased collaboration were just a few of the subjects executives discussed at the 2014 CEO Summit sponsored by Business Leaders for Michigan.
While Michigan is clearly in a better place than it was at the depths of the recession, the state still has a ways to go to improve and compete at the level of other “top 10” states.
Amid rising logistics costs, a group of West Michigan executives is banding together to see what results they can produce by tackling the issue collectively.
Linking with a group of top corporate executives and university presidents provides MichBio added muscle in formulating a strategic plan to grow Michigan’s life sciences industry.
All the talk surrounding the need for more investment into Michigan’s higher education institutions is starting to pay off — at least a little bit.
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