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Displaying items by tag: The Right Place Inc

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 18:00

Reporter’s Notebook: West Michigan balances lagging wages with regional amenities

If it’s money that matters most when people look for work or to relocate for a new job, then West Michigan may be at a disadvantage in competing for the coveted talent needed to drive economic growth.

Published in Finance
Sunday, 16 January 2022 18:00

Biz groups quiet on economic implications of abortion restrictions

The longstanding U.S. Supreme Court ruling in Roe v. Wade, which has protected abortion access before fetal viability for 49 years, is set to be directly challenged this year. 

Published in Economic Development

Monday, 20 December 2021 11:01

Economic developer: Time for Michigan to ‘punch back’ on competitiveness

Economic development leaders and elected officials have mobilized in recent months to attract major advanced manufacturing projects after Ford’s announcement of $11.4 billion in battery and assembly projects in Kentucky and Tennessee. The Right Place Inc. President and CEO Randy Thelen called it the “straw that broke the camel’s back,” foreshadowing multiple new economic development efforts statewide. Thelen recently discussed potential new incentives, as well as labor market forces that are shaping his outlook for the year ahead.

Published in Economic Development
Sunday, 19 December 2021 19:05

Economists forecast ongoing statewide rebound in 2022

Michigan’s economy and jobs are expected to continue to recover in 2022 from the deep downturn last year resulting from the COVID-19 pandemic.

Published in Finance
Sunday, 19 December 2021 19:00

Historic federal funding influx forces decision making by state, local policymakers

If there’s any certainty about 2022, it’s that Michigan policymakers will have billions of federal dollars to distribute for infrastructure and economic development. 

Published in Economic Development

Thursday, 09 December 2021 10:50

West Michigan economy maintains growth despite labor woes, according to outlook

West Michigan’s economy remains strong heading for the end of 2021 with expectations for continued growth in 2022, according to a new outlook from The Right Place Inc.

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

Consumers, DTE seek special electric rates for large development projects

Michigan’s two largest investor-owned utilities seek to play a more active role in economic development — particularly in luring advanced manufacturing facilities to the state — with plans to offer new electricity rates for large expansion projects.

Published in Energy
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

Sunday, 05 December 2021 16:00

Wege Foundation’s $1M investment in minority-focused VC fund may attract more nonprofit giving

GRAND RAPIDS — The Wege Foundation’s $1 million investment committed to the New Community Transformation Fund comes from a shared vision to support greater economic diversity and inclusion in West Michigan’s economy.

Published in Nonprofits
Thursday, 02 December 2021 12:22

New economic development coalition calls for change to help Michigan compete

Nearly two dozen economic development and trade organizations have formed the Winning Michigan Jobs coalition with the goal of helping the state regain a competitive edge for new jobs and investments.

Published in Economic Development
Monday, 29 November 2021 12:48

MiBiz on WOOD-TV: The Right Place expands to Mason, Mecosta counties

GRAND RAPIDS — Regional economic development organization The Right Place Inc. recently announced new partnerships that would bring its services and expertise to Mason and Mecosta counties in West Michigan.

Published in Finance

Sunday, 21 November 2021 18:50

The Right Place expands economic development reach to Mason, Mecosta counties

Regional economic development organization The Right Place Inc. is expanding its services to two new West Michigan counties while working with existing partners to develop full-time business attraction efforts.

Published in Economic Development
Sunday, 07 November 2021 18:55

Ollie Howie named first managing director of minority-focused venture capital fund

The first managing director of a venture capital fund that plans to invest in businesses owned by people of color sees an opportunity to pioneer an initiative for greater economic diversity in West Michigan.

Published in Finance
Sunday, 24 October 2021 17:00

Experts: Few manufacturers are paying attention to looming cybersecurity requirements

Manufacturers that supply the defense industry will need to adhere to a new set of uniform cybersecurity standards in order to bid on contracts from the U.S. Department of Defense.

Published in Manufacturing

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
Sunday, 10 October 2021 17:00

Workforce training, higher education programs get boost in new state budget

Michigan’s newly signed state budget aims to maintain the momentum behind a variety of programs designed to help the manufacturing industry address workforce challenges.

Published in Manufacturing
Sunday, 10 October 2021 16:30

Industrial real estate continues upward trajectory as manufacturing, distribution thrives

West Michigan’s industrial real estate sector continues to outpace expectations amid record-high demand for space, leading to some new construction despite high materials costs, substantial lead times and employers struggling to fill vacant positions.


Sunday, 10 October 2021 16:00

With tight industrial inventory, developers turn to outlying metro areas

Low industrial real estate vacancy rates and ongoing construction backlogs are pushing industrial projects to more rural and outlying areas.

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
Wednesday, 29 September 2021 16:48

‘We need to do more to compete:’ Economic development leaders raise concerns over Ford expansion outside of Michigan

A statewide organization of economic development leaders is sounding alarms following Ford Motor Co.’s recent announcement to venture outside of its home state to make a historic investment in electric vehicles.

Published in Economic Development

Sunday, 29 August 2021 18:00

Amid growth, Dematic shifts focus to automation as pandemic exposes new customer needs

GRAND RAPIDS — As an executive at a global company serving firms in the e-commerce, logistics and warehousing spaces, Mike Larsson has noticed the needs of his customers change dramatically over the last year.

Published in Manufacturing
Sunday, 29 August 2021 16:35

Faith-based care provider eyes future growth beyond latest Newaygo expansion

A new medical office in Newaygo could become the start of a far broader expansion across Michigan and perhaps nationally for Christian Healthcare Centers Inc.

Published in Health Care
Sunday, 29 August 2021 16:50

Latest Census findings play vital role for West Michigan economic developers

New U.S. Census findings that show some of the state’s strongest population growth is occurring in West Michigan provide an opportunity to help attract talent during an ongoing labor shortage.

Published in Economic Development

Wednesday, 25 August 2021 14:51

Gen3 Defense & Aerospace, Blackmer receive state support for manufacturing expansions

Two Grand Rapids area manufacturers have secured state grants to support expansion plans.

Published in Economic Development
Sunday, 15 August 2021 18:05

Auto suppliers fight to keep workforce on the job despite order slowdown, delays

Choosing whether to issue temporary layoffs is one of many decisions Pat Greene has had to contend with as the head of Cascade Die Casting Group Inc.

Published in Manufacturing
Friday, 30 July 2021 14:36

West Michigan organizations to partner on Industry 4.0 workshops for companies

A partnership among West Michigan organizations supporting advanced manufacturing has announced an opportunity for area companies to learn more about Industry 4.0.

Published in Manufacturing

Tuesday, 20 July 2021 13:57

West Michigan employers report stable or increasing sales despite ongoing talent, supply chain challenges

  Employers in West Michigan have recovered relatively well from the depths of the economic hit from the COVID-19 pandemic and resulting restrictions, according to economic development organization The Right Place Inc.

Published in Economic Development
Wednesday, 14 July 2021 16:32

Logistics, data security company breaks ground on $2.8M project in Grand Rapids

GRAND RAPIDS — Logistics and data security company MCPc Inc. broke ground today on its $2.8 million facility that’s expected to bring at least 75 new and existing jobs to the city’s Madison Square neighborhood. 

Published in Economic Development
Sunday, 04 July 2021 17:10

State funding nudges manufacturers into Industry 4.0

As the owner of two West Michigan-based manufacturing operations, Jay Garside is leaning on state resources to usher his businesses along their Industry 4.0 journeys.

Published in Manufacturing

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