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Displaying items by tag: Michigan Economic Development Corp

Tuesday, 24 September 2019 11:00

Acrisure awarded $7 million in incentives for downtown Grand Rapids HQ project

GRAND RAPIDS — Insurance giant Acrisure LLC’s plan to move 400 jobs from Caledonia to downtown Grand Rapids has garnered $7 million in state economic development incentives.

Thursday, 19 September 2019 08:35

ITB Packaging plans $3.5 million expansion

HOLLAND — ITB Packaging LLC plans to expand locally with a $3.5 million capital investment and the expected creation of at least 65 new jobs over the next five years.

Published in Manufacturing
Friday, 13 September 2019 13:12

Grand Rapids’ economic development services manager leaving for WMU position

KALAMAZOO — Kara Wood, the managing director of economic development services for the city of Grand Rapids, will join Western Michigan University as an associate vice president for community partnerships on Oct. 7.

Published in Economic Development

Wednesday, 28 August 2019 12:40

Grand Rapids airport announces $90M expansion

GRAND RAPIDS — A $90 million expansion at the Gerald R. Ford International Airport will aid in economic development in West Michigan, the airport authority board said Wednesday.

Published in Economic Development
Thursday, 08 August 2019 10:34

Allendale Township software company expands with state funds

ALLENDALE TWP. — BizStream Inc., an Allendale Township-based online marketing and software solutions company, plans to expand with backing from the state. 

Published in Economic Development
Wednesday, 24 July 2019 11:55

Roskam Baking plans $85.2 million expansion in Kentwood

KENTWOOD — Roskam Baking Co. is planning an $85.2 million expansion of its operations in the Grand Rapids area. 

Published in Food/Agribusiness


Tuesday, 23 July 2019 09:48

Vicksburg paper mill development gets $30M transformational brownfield

VICKSBURG — The Michigan Strategic Fund board today approved Paper City Development LLC for the second project under the state’s transformational brownfield program.

Sunday, 21 July 2019 19:55

Helix Steel technology offers innovative infrastructure solution

Helix Steel hopes to find a silver lining in what’s become a growing infrastructure crisis in the state of Michigan. 

Published in Manufacturing
Monday, 15 July 2019 10:16

American Chemical Solutions to open manufacturing plant in Muskegon

MUSKEGON — American Chemical Solutions plans to breathe new life into an idled chemical manufacturing plant on the lakeshore.

Published in Manufacturing

Sunday, 07 July 2019 19:00

DTE, Consumers commit to spending $15B with diverse, Michigan-based companies

Michigan’s largest utilities are giving a substantial boost to an economic development program launched by former Gov. Rick Snyder, committing to spend billions of additional dollars with in-state suppliers over the next five years.

Published in Energy
Sunday, 07 July 2019 19:00

Wyoming remains patient with Site 36 redevelopment

WYOMING — A 92-acre shovel-ready industrial property sits empty about five miles south of downtown Grand Rapids, even amid a shortage of available manufacturing spaces across West Michigan.

Sunday, 07 July 2019 19:00

Bolstering West Michigan commuter transit would aid talent attraction, officials say

Officials studying commuter transit options between Grand Rapids and Holland are hoping to make West Michigan more competitive when it comes to talent attraction.



Sunday, 23 June 2019 19:00

Concept for regional fund to back Great Lakes VC investors faces key hurdles

The idea sounds simple: Create a $150 million to $200 million fund supported by foundations and university endowments to back venture capital investors in the Great Lakes states.

Published in Finance
Friday, 14 June 2019 11:15

Foundation awarded state funding to add housing to downtown Kalamazoo

KALAMAZOO — The Kalamazoo-based Jim Gilmore Jr. Foundation has been awarded a grant from the Michigan Economic Development Corp. to add housing to downtown Kalamazoo.

Wednesday, 12 June 2019 16:23

DeWys Manufacturing to invest $6.9 million in Ottawa County expansion, create 41 jobs

MARNE – Metal fabricator DeWys Manufacturing Inc. will invest nearly $7 million over three years in a 30,000-square-foot expansion to its existing facility in Wright Township.

Published in Manufacturing

Tuesday, 21 May 2019 16:44

Mixed-use $14.7 million Kalamazoo Creamery project secures state incentives

A partnership headed by Portage-based Hollander Development Corp. plans to transform a vacant lot in Kalamazoo into a new mixed-use building under a proposal that secured state backing.

Thursday, 16 May 2019 14:00

Cybersecurity firm VDA Labs to establish HQ campus in Plainfield Township

Vulnerability Discovery & Analysis Labs LLC, a Grand Rapids-based cybersecurity firm, is opening a new headquarters at 5234 Plainfield Ave. NE.

Published in Economic Development
Sunday, 12 May 2019 20:13

Lawmakers, advocates push for revival of state’s historic preservation tax credit

A bipartisan group of lawmakers in Lansing hopes to revive Michigan’s historic preservation tax credit, which they say will encourage redevelopment in communities across the state. Bills introduced in the state Senate and House earlier this year would reinstate a tax credit of up to 25 percent for rehabilitation expenses on historic properties.


Thursday, 02 May 2019 09:54

Forman Glass to relocate production line to Southwest Michigan

Forman Glass LLC, a Comstock Charter Township-based glass and glazing company, is relocating production of its window and entrance frames from Ft. Wayne, Ind. to Southwest Michigan.

Published in Manufacturing
Monday, 22 April 2019 11:16

GR firms partner on $4.5 million mixed-use project in downtown South Haven

A $4.5 million mixed-use project is in the works for downtown South Haven.

Friday, 19 April 2019 09:03

Vicksburg injection molder plans $3 million expansion

Miniature Custom Manufacturing LLC, a high-volume injection molding manufacturer, is expanding its plant in the township of Vicksburg, 15 miles south of Kalamazoo.

Published in Manufacturing

Wednesday, 10 April 2019 14:00

Feyen Zylstra plans $5.3M expansion in Walker

WALKER — Industrial technology and electrical services firm Feyen Zylstra LLC plans to invest $5.3 million in a new facility in Walker.

Tuesday, 09 April 2019 08:53

Lansing development partnership forms to back tech startups, boost insurance sector

LANSING — A partnership between the state and an economic development organization for the Lansing area is providing an incubator and investment for high-tech, innovative insurance startups.

Published in Small Business
Wednesday, 03 April 2019 12:38

MEDC launches $1.5 million grant program to prep industrial sites for development

The Michigan Economic Development Corp. has unveiled a new program it says will help communities attract businesses to available properties across the state.

Published in Economic Development

Friday, 22 March 2019 12:09

Auto supplier Ventra buys abandoned Dean’s Dairy building in Evart

For nearly 90 years, workers in the rural community of Evart processed dairy products out of the Dean’s Dairy building. After shutting its doors and ending an era in 2013, the vacant building now has new owners who plan to repurpose it for automotive component manufacturing.

Published in Manufacturing
Wednesday, 06 March 2019 14:45

Bissell to invest $10 million to expand HQ in Walker

Floor care product company Bissell Inc. plans to invest $10 million into an expansion project at its corporate headquarters.

Published in Manufacturing
Wednesday, 20 February 2019 14:00

Andronaco Industries to relocate Oklahoma subsidiary to Kentwood

Manufacturing holding company Andronaco Industries Inc. plans to relocate its Conley Composites LLC subsidiary from Oklahoma to a new location in Kent County.

Published in Manufacturing

Sunday, 17 February 2019 21:14

Grand Rapids, Start Garden hone SmartZone focus with proposed new contract

GRAND RAPIDS — A proposed contract between Start Garden Inc. and the Grand Rapids SmartZone would put in place new goals for fostering local tech startups. Rather than focusing on certain activities, the proposed contract establishes outcomes such as adding 10 new tech startups annually to the SmartZone service area, with six of those companies over two years owned by minorities or women, and providing service to 15 startups a year through its business incubator on Pearl Street in downtown.

Published in Economic Development
Sunday, 03 February 2019 22:10

State certification program helps small communities signal openness to developers

For years, the city of Hudsonville wanted to encourage developers to create a more traditional downtown for the Ottawa County community. Officials often found themselves in a Catch 22 in trying to spur those kinds of development projects. Because the city lacked what’s traditionally classified as a downtown area, the local government was unable to seek funding incentives for developers, which in turn hindered the growth of a centralized urban area.

Sunday, 03 February 2019 22:08

Core Development pushes forward on Muskegon projects

MUSKEGON — A deal to redevelop the former Ameribank building is making headway, but the project remains contingent on incentives from the city and the Michigan Economic Development Corp. Muskegon developer John Essex, managing partner and president of Core Development LLC, submitted a formal purchase agreement to the city prior to the Jan. 30 deadline. If the project goes ahead, it would transform a partially demolished building into a new use in the core of the city’s downtown.


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