Pennsylvania-based Clemens Food Group recently announced its plans to open a pork processing operation in Coldwater Township. The company expects to invest approximately $255 million in the project and create 810 jobs at its new facility.
Diversity in the West Michigan economy will be the driving force behind growth in 2015. That’s according to George Erickcek, senior regional analyst at the W.E. Upjohn Institute for Employment Research. The message was delivered to a crowd of business leaders at the annual West Michigan Economic Outlook hosted by The Right Place Inc.
Across the board, nonprofits have a key concern that mirrors what keeps their for-profit colleagues up at night: sourcing high quality talent.
Birgit Klohs’ career has been full of many firsts.
While experts continue to tout wind energy as a diversification target for many West Michigan manufacturers, companies that supply the industry say they’ve faced a period of stagnant demand, especially now that a key federal incentive no longer exists.
As manufacturing activity increases in West Michigan, many companies are finding their warehouses stocked with ready-to-ship inventory.
Despite a growing economy spurred along by a strengthening manufacturing sector, experts predict a relatively bearish metals market to close out the year.
The bridge between West Michigan and its Dutch roots is continuing to grow as a delegation of business leaders from the Netherlands again visited the region.
The city of Greenville in Montcalm County could serve as a case study of how the global economy affects the business climate in West Michigan.
Even with the state’s improving economic climate, many small communities often lack the resources and connections needed to seize opportunities for business retention and job growth.