Manufacturers and their advocates had long decried the job-killing effects of the state’s personal property tax on equipment. But with the passage of Proposal 1, that tax will start to be phased out over seven years from 2016 to 2023. Companies with $80,000 or less in personal property qualify to file a tax exemption immediately. Fresh off the Proposal 1 victory in the August primary, Mike Johnston of the Michigan Manufacturers Association spoke with MiBiz about the impacts of eliminating the tax and the industry group’s focus going forward.
Automotive component suppliers want their customers to succeed.
Sometimes the only thing separating a great idea from becoming a viable business is a little bit of outside perspective. That’s the working theory behind the Design Briefs events, a joint effort of AIGA West Michigan and the Grand Rapids Art Museum.
Grand Valley State University wants to expose students in non-design related fields to the tenets of design thinking, and they’ve tapped a veteran executive to explore how best to accomplish that goal.
With a recent acquisition, Herman Miller Inc. aims to push far deeper into the consumer furniture market to generate annual sales in excess of a half-billion dollars in the years ahead.
Since the dawn of the automotive industry more than a century ago, suppliers have come to expect production to have its ups and downs, but generally rise over the long term — much like the stock market. But that period of unbridled growth could come to an end within a generation.
U.S. automotive sales are about 1 million units below where they should be given the long-term historical patterns in the industry.
A quarterly survey indicates that slow growth remains the norm for the office furniture industry, although executives feel pretty good about business prospects in the near term.
After a career in the automotive supply chain, Rich Achtenberg saw an unfilled niche for an integrated metals manufacturer in West Michigan.
The state’s senior automotive adviser has one simple request for industry and supply chain executives: “Bring a buddy back.”
One West Michigan institution is taking advantage of the growing aerospace industry to offer specialized training for engineers.
Gentex Corp. plans to look outside of the automotive industry for opportunities for its HomeLink technology.
Ineffective hiring processes can derail growth for even the best-managed companies.
Quarterly survey data indicates the office furniture remains in growth mode and executives feel good about business prospects in the near term.
While Autocam Corp. will be acquired by a Tennessee-based public company in a deal that was announced in July, the automotive supplier does not expect the sale to have much impact on its West Michigan operations.