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Displaying items tagged: economic development

Monday, 06 February 2023 17:12

Michigan electric co-op lands $262.8M federal loan for electric, fiber infrastructure

BOYNE CITY — A northwestern Michigan electric cooperative and internet provider has secured a $262.8 million loan from the U.S. Department of Agriculture to build and improve 438 miles of electric grid infrastructure and 2,420 miles of fiber network.

Published in Energy
Friday, 03 February 2023 16:18

Arena board OK’s new agreement to examine amphitheater-adjacent properties; venue design nears completion

GRAND RAPIDS — The Grand Rapids-Kent County Convention/Arena Authority has authorized an agreement with a private sector partner to examine development opportunities on several properties near a proposed riverfront amphitheater.

Wednesday, 01 February 2023 13:19

Winnie Brinks went from the school PTO to Senate majority leader

Winnie Brinks was working as a nonprofit caseworker and volunteering with the East Grand Rapids parent-teacher organization when she got an unexpected call in 2012.

Published in Talent

Wednesday, 01 February 2023 12:57

Younger demographics play in GR’s favor with 2023 economic outlook

GRAND RAPIDS — The Grand Rapids area’s relatively large number of young people, steady automotive sector and resilient housing market could all help the region avoid a potential recession looming over the nation this year.

Published in Economic Development
Tuesday, 31 January 2023 16:10

Sparta kicks off renewed effort to revitalize long-vacant downtown opera house 

SPARTA — A new task force organized by Sparta’s Downtown Development Authority is working to revitalize the historic Sparta Opera House, which has long sat vacant in the village’s downtown district.

Published in Economic Development
Sunday, 29 January 2023 14:43

MiBiz Growth Report: Jan. 30, 2023

A roundup of mergers and acquisitions, expansions and other briefs across West Michigan.

Published in Economic Development

Sunday, 29 January 2023 18:11

BURNED OUT: Big Rapids cannabis market shows signs of oversaturation

5 dispensaries close in city within last 12 months

Published in Economic Development
Thursday, 26 January 2023 17:49

Chicago-based CDFI expands reach into West Michigan to support nonprofits

A Chicago organization that provides capital and other support to nonprofits looks to build momentum and reach across the west side of the state after opening an office in Grand Rapids last spring.

Published in Nonprofits
Thursday, 26 January 2023 16:11

Whitmer highlights tax relief, workforce development plans at Grand Rapids roundtable

GRAND RAPIDS — Gov. Gretchen Whitmer held a roundtable event Thursday with roughly a dozen seniors in Grand Rapids, highlighting her administration’s efforts to combat the rising cost of living through various tax cuts.

Published in Economic Development

Wednesday, 25 January 2023 21:13

7 takeaways from Whitmer’s State of the State proposals

LANSING — In her fifth State of the State address, Democratic Gov. Gretchen Whitmer on Wednesday night laid out several proposals she said are designed to make a difference for workers, young people about to graduate and newborns.

Published in Economic Development
Monday, 23 January 2023 12:54

West Michigan Sports Commission reports record year for events, visitor spending

The West Michigan Sports Commission experienced its most successful year to date in 2022 as it generated $90.5 million in direct visitor spending during a record number of events.

Published in Economic Development
Thursday, 19 January 2023 16:40

New GRCC president discusses business partnerships, boosting enrollment

Charles Lepper started this week as the 11th president of Grand Rapids Community College, succeeding Bill Pink, who took a job in July 2022 as the president of Ferris State University.

Published in Talent

Thursday, 19 January 2023 14:26

Michigan’s chief mobility officer to step down — for a year of travel

The state's first chief mobility officer is on the move.

Published in Economic Development
Tuesday, 17 January 2023 15:16

Messer to continue leading MEDC under new 4-year contract

Quentin Messer Jr. will remain head of the Michigan Economic Development Corp. under a new four-year contract announced today by Gov. Gretchen Whitmer.

Published in Economic Development
Tuesday, 17 January 2023 14:58

‘Power plants to parklands’: Initiative explores public access, clean energy at former Michigan coal plants

A Midwest environmental law group is launching a “major new” initiative this year to work with utilities, municipalities and conservation groups to study the potential reuse of Michigan coal plants as public parkland as well as renewable energy production.

Published in Energy

Monday, 16 January 2023 16:57

Sault Tribe hires new law firm to seek relief from $88.8M ruling for casino damages

The Sault Ste. Marie Tribe of Chippewa Indians will seek relief and potentially appeal a recent circuit court ruling against its gaming entity for nearly $89 million in damages for two failed casino projects, and hire a new law firm as legal counsel.

Published in Economic Development
Sunday, 15 January 2023 17:27

MiBiz Growth Report: Jan. 16, 2023

A roundup of mergers and acquisitions, expansions and other briefs across West Michigan.

Published in Economic Development
Thursday, 12 January 2023 14:45

Biz groups react to Ottawa Impact’s elimination of county DEI office

Ottawa County employers and business advocates have expressed growing discontent since a new slate of commissioners voted on Jan. 3 to abolish the county’s diversity, equity and inclusion department.

Published in Economic Development

Monday, 09 January 2023 18:05

West Mich. industrial activity ended 2022 on downward trend, survey finds

West Michigan’s industrial economy ended 2022 in a downward trend.

Published in Economic Development
Monday, 09 January 2023 13:44

MiBiz on WOOD-TV8: Report tracks growth for lakeshore companies despite challenges

Economic development organization Lakeshore Advantage Corp. last month released a report highlighting growth among companies in Allegan and Ottawa counties despite ongoing labor and supply chain headwinds.

Published in Economic Development
Thursday, 05 January 2023 12:33

Judge orders Sault Tribe gaming entity to pay developers $88.8M in damages for 2 failed casinos

LANSING — An Ingham County circuit judge has ordered the Sault Ste. Marie Tribe of Chippewa Indians’ gaming authority to pay nearly $89 million in damages and lost revenue to its development partner in two failed off-reservation casino projects in Lansing and Wayne County.

Published in Economic Development

Tuesday, 03 January 2023 16:22

‘COMPLETELY BLINDSIDED’: Ottawa Impact commissioners oust multiple top officials at first meeting

WEST OLIVE — A recently elected slate of Ottawa County commissioners used their first day at the dais to oust the county administrator and public health director, appoint a conservative legal firm as its general counsel, and eliminate the county’s diversity, equity and inclusion department. 

Published in Economic Development
Monday, 02 January 2023 17:23

Lakeshore companies experienced growth despite talent, supply chain challenges in 2022

Executives from 120 companies in Allegan and Ottawa counties overwhelmingly reported positive growth in 2022, despite continuing challenges they face when it comes to attracting talent and supply chain disruptions. 

Published in Economic Development
Wednesday, 28 December 2022 11:31

Market unpredictability leads Gun Lake Investments to boost due diligence, forecasting

As tribally owned Gun Lake Investments dives into planning for a massive redevelopment project along U.S. 131 north of Gun Lake Casino, the non-gaming investment arm of the Match-E-Be-Nash-She-Wish Band of Pottawatomi, or Gun Lake Tribe, also is revisiting its overall strategic plan. CEO Monica King said emerging market forces could spur GLI to consider different kinds of deals in the years ahead. 

Published in Economic Development

Tuesday, 27 December 2022 13:53

Housing, economic development lead most-read stories of 2022

Major housing developments that would add hundreds of much-needed units and large entertainment venues in downtown Grand Rapids were among the top 10 most-read stories by MiBiz readers in 2022.

Published in Economic Development
Monday, 26 December 2022 12:19

U.S. economic resilience bodes well for ‘soft landing’ in case of mild recession 

Economists expect the U.S. to dip into a mild recession around mid-2023, as higher interest rates intended to bring down inflation drag on the economy.

Published in Economic Development
Monday, 26 December 2022 12:11

Improving auto sales should prop up Michigan economy, hold employment steady

The auto industry that historically led Michigan’s economy to fall further than the U.S. in national recessions may actually aid the state during a national economic downturn that many economists predict for 2023.

Published in Economic Development

Wednesday, 21 December 2022 18:30

Facing strong headwinds, West Michigan cannabis operators seek new options for growth 

Michigan cannabis prices have plummeted as more competition saturates the market, leaving industry operators eyeing new pathways like consumption lounges to grow their businesses in 2023. 

Published in Economic Development
Monday, 19 December 2022 12:03

FireKeepers Casino names longtime tribal gaming HR exec as new CEO

BATTLE CREEK — The Nottawaseppi Huron Band of the Potawatomi has selected Frank Tecumseh to serve as its new CEO of its FireKeepers Casino Hotel enterprise. 

Published in Economic Development
Sunday, 18 December 2022 18:00

Ottawa Co. leaders worry about attracting, retaining talent with incoming ‘Ottawa Impact’ majority

Roger Bergman and Doug Zylstra are preparing for a new term on the Ottawa County Board of Commissioners unlike any other.

Published in Economic Development

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