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Displaying items by tag: Michigan Economic Development Corp

Monday, 01 August 2022 10:16

Industry 4.0 brings obstacles, opportunities for women in manufacturing

The Industry 4.0 transition depends on male-dominated fields like computer science and engineering, potentially causing a disproportionate effect on women seeking to enter the field. 

Published in Manufacturing
Tuesday, 26 July 2022 13:02

Gentex lands state incentives for $300M expansion already underway

ZEELAND — Tier 1 automotive supplier Gentex Corp. has received roughly $11.2 million in state grants and tax incentives for a $300 million expansion project that started in January and could create up to 500 jobs when it’s completed at the end of next year.

Published in Manufacturing
Sunday, 17 July 2022 18:53

People in the News: July 18, 2022

People in the News: A roundup of new hires, promotions and awards in West Michigan.

Published in Talent

Monday, 27 June 2022 15:58

Footwear manufacturer Holo relocating from West Coast to West Michigan

Sustainability-focused outdoor shoe manufacturer Holo Footwear Inc. plans to move its headquarters from Portland, Ore. to downtown Grand Rapids, state and local economic development officials announced today.

Published in Manufacturing
Thursday, 16 June 2022 11:02

Lawmakers, administration reach compromise on investment tax credit bill

State lawmakers have reached a compromise on a bill that would allow taxpayers to claim an income tax credit on their investment in a Michigan-based small business.

Published in Small Business
Tuesday, 24 May 2022 11:00

State grant funding to support JR Automation’s $10M Holland expansion

HOLLAND — State economic development officials have approved grant funding to support an automation manufacturer’s $10 million expansion at the site of a longtime Holland steel fabricator that closed during the COVID-19 pandemic.

Published in Manufacturing

Sunday, 22 May 2022 18:03

Community leaders push for connectivity at congested U.S.-131 interchange

GRAND RAPIDS — Despite numerous complexities involved with improving the congested Wealthy Street interchange at U.S.-131, city and community leaders seek to create more connectivity with $10 million recently allocated to upgrade the aging infrastructure.

Published in Economic Development
Wednesday, 18 May 2022 20:10

Companies reveal new air travel technology, devices at GR airport

CASCADE TWP. — The first cohort of companies to receive grants through an air travel technology development program have revealed the fruits of their labor, including a self-driving wheelchair, an advanced flying security camera and a complete 3D model of Gerald R. Ford International Airport. 

Published in Manufacturing
Monday, 09 May 2022 15:32

State opens applications for $3M in Industry 4.0 support grants

Manufacturers throughout Michigan can now apply for grant funding to help cover costs associated with adopting Industry 4.0 technologies.

Published in Manufacturing

Monday, 04 April 2022 12:24

Michigan Economic Development Corp. seeks deeper relationships with state’s tribes

When the Sault Ste. Marie Tribe of Chippewa Indians sought to establish its first 8(a) certified contracting company, the tribe’s economic development arm turned to a key partner within the state of Michigan for help. 

Published in Economic Development
Tuesday, 15 March 2022 17:00

Travel Michigan ramps up summer campaign with $16.7M ad buy in local, Midwest markets

Advertisements touting Michigan as a summer vacation destination have begun running in key markets across the state and the Midwest.

Published in Economic Development
Sunday, 30 January 2022 18:17

State lawmakers mull restoration of R&D tax credit

Michigan could restore a tax credit for companies that conduct research and development here, which supporters say would make the state more competitive for high-tech business investments.

Published in Economic Development

Wednesday, 26 January 2022 11:20

State prepares to deploy $237M for small businesses through loans, VC fund investments

Nearly $237 million in federal funding coming to the state is planned to support small businesses in Michigan through lending initiatives and equity investments in venture capital funds.

Published in Small Business
Tuesday, 18 January 2022 16:21

PADNOS to invest $6.6M, create 50 jobs as part of Wyoming expansion

WYOMING — Industrial recycling and scrap management company PADNOS plans to invest $6.6 million to expand its facility in Wyoming.

Published in Manufacturing
Sunday, 16 January 2022 18:30

State programs aim to boost talent needed for Industry 4.0 adoption

Economic development organization Lakeshore Advantage Corp. launched an Industry 4.0 readiness poll last year to get an idea of how small and mid-size manufacturers viewed and used advanced technology within their operations.

Published in Manufacturing

Friday, 07 January 2022 15:11

Broadband, population loss, housing among top challenges for new Office of Rural Development

Gov. Gretchen Whitmer met virtually on Friday with a group of elected officials, educators, economic developers and business leaders to discuss the direction of her administration’s new Office of Rural Development.

Published in Economic Development
Sunday, 19 December 2021 18:30

New $1B incentive program ‘not a theoretical exercise,’ says economic development chief

State lawmakers passed a landmark incentive bill last week that “sends a powerful signal” and gives Michigan new tools to compete with other states for major projects, according to the state’s top economic development official. Lawmakers and the Whitmer administration worked out details for the $1 billion Strategic Outreach and Attraction Reserve Fund following Ford Motor Co.’s announcement in September to invest $11.4 billion and create 11,000 jobs in Tennessee and Kentucky to build facilities that manufacture both electric vehicles and batteries.

Published in Economic Development
Friday, 03 December 2021 16:00

Holland, Big Rapids eyed for battery manufacturing developments

Advanced automotive battery suppliers are considering a pair of West Michigan cities for new or expanded manufacturing facilities, MiBiz has learned. 

Published in Energy

Wednesday, 24 November 2021 13:08

MEDC makes four hires to focus on business attraction and development

LANSING — The Michigan Economic Development Corp. has appointed four officials to lead in new roles aimed at business attraction, real estate development and site readiness as the state competes for transformational projects. 

Published in Economic Development
Wednesday, 24 November 2021 13:08

MEDC makes four hires to focus on business attraction and development

LANSING — The Michigan Economic Development Corp. has appointed four officials to lead in new roles aimed at business attraction, real estate development and site readiness as the state competes for transformational projects. 

Published in Economic Development
Sunday, 21 November 2021 17:20

GROWTH CLUSTER: Food processing sector, supply chain ramps up to meet demand

With a $205 million expansion project in Holland Charter Township, frozen foods producer Request Foods Inc. is essentially doubling down on its commitment to the region where it got its start more than three decades earlier. 

Published in Food/Agribusiness

Tuesday, 26 October 2021 14:39

State approves financing for $13.2M, 52-unit mixed-use project in Kalamazoo

KALAMAZOO — State officials have approved a loan and brownfield incentives for a $13.2 million, five-story mixed-use development planned at a former industrial site north of downtown Kalamazoo. 

Tuesday, 26 October 2021 11:42

Frozen food processor plans $205M expansion, up to 198 new jobs in Holland Twp.

HOLLAND TWP. — Frozen food processor Request Foods Inc. is planning a $205 million expansion in an effort to meet rising demand while diversifying its products and services.

Published in Food/Agribusiness
Sunday, 24 October 2021 19:00

Wave of e-commerce growth pushes Jenison thermal packaging maker to expand

JENISON — With brisk business in two surging market segments, Cellulose Material Solutions LLC is investing in expanding its operations and beefing up production capacity.

Published in Manufacturing

Sunday, 24 October 2021 19:00

Pure Michigan campaign reboots with $30M appropriation

Travel Michigan will once again mount full Pure Michigan tourism campaigns starting for the coming winter travel season and extending into 2022 for the traditional busy summertime.

Published in Economic Development
Sunday, 24 October 2021 17:45

Whitmer proposes $200M in federal pandemic relief for tech startups

Gov. Gretchen Whitmer seeks to inject $200 million into Michigan technology startups using federal pandemic relief funds.

Published in Finance
Wednesday, 20 October 2021 12:48

L3Harris announces $2.6M expansion in Cascade Township

CASCADE TWP. — L3Harris Technologies Inc., a global tech company that supplies the defense industry, has announced a nearly $2.6 million expansion in the Grand Rapids area.

Published in Manufacturing

Wednesday, 13 October 2021 16:25

Jenison manufacturer invests $9M to keep up with surge in thermal packaging demand

JENISON — To meet surging demand for its products, Cellulose Material Solutions LLC is planning a $9 million investment to add a second production line and an expansion at its existing facility in Jenison.

Published in Manufacturing
Sunday, 10 October 2021 18:30

MEDC ‘comfortable’ after steep drop in tribal revenue sharing during pandemic

Officials at the Michigan Economic Development Corp. say they are moving forward after the organization took a multi-million-dollar hit last year as revenue sharing from tribally owned casinos plummeted during pandemic-related shutdowns.

Published in Economic Development
Thursday, 07 October 2021 10:34

West Michigan economic development groups launch Industry 4.0 campaign

West Michigan economic development organizations have launched a campaign aimed at preparing local manufacturers to adopt Industry 4.0 technology and practices.

Published in Manufacturing

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