Displaying items by tag: economic development

Internet casino gaming and sports betting operators in Michigan reached a new benchmark in September, combining for $126.1 million in gross revenue for the month.

Comerica Inc. economists have lowered their expectations for U.S. economic growth next year while raising the forecasted inflation rate in their latest outlook.

KALAMAZOO — Plans for a Career and Technical Education Center in Kalamazoo County are moving forward following anonymous gifts of $100 million and property for the project, economic development officials announced today.

Grand Rapids-based asset liquidation firm Liquid Asset Partners LLC has formed a joint venture with a Chicago-area company to focus on retail inventory and store closing liquidations.

GRAND RAPIDS — A Grand Rapids-based tech company has launched a new lineup of digital products tailored to the needs of mid-market distributors of all industries.

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.

GRAND RAPIDS — The state’s new fiscal year budget that began Oct. 1 includes $10 million to study the reconstruction or potential reconfiguration of the Wealthy Street interchange on US-131 that officials have referred to as the most dangerous intersection in the state. 

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.

The $1.4 billion injected into Michigan child care in the state’s newest budget is intended to bolster the industry at a time when most economic sectors are coping with a troubling labor shortage.

Here is the MiBiz Growth Report for October 10th, 2021.