Displaying items by tag: economic development
Allegiant Travel Co. is expanding its footprint at the Gerald R. Ford International Airport with the opening of a $42.8 million base.
Approximately 6 million television viewers in more than 20 markets, including West Michigan, have lost access to local news, sports and entertainment programming because of a contract dispute between two mega media groups.
After 22 years with The Right Place Inc., Rick Chapla has stepped down and moves into the next phase of his career. Chapla focused on behind-the-scenes efforts to help public and private sector projects become reality, often serving as a conduit for connecting people. Chapla, who got his start in planning and economic development in Muskegon more than three and a half decades ago, spoke with MiBiz about how West Michigan has changed throughout the years and what he has planned next.
Business and environmental groups were equally surprised at one of Rick Snyder’s final acts as Michigan governor: Signing a bill making it more difficult for state agencies to adopt rules stricter than federal regulations. But while environmental groups say the move jeopardizes natural resources and public health, business advocates downplay the concerns.
Michigan’s economy will see slower economic and employment growth in 2019 amid the ongoing tight labor market and less U.S. economic growth, economists say.
Michigan business groups say a transition of executive power from a Republican to a Democrat brings policy uncertainty, but they expect a continued focus from Gov.-elect Gretchen Whitmer on at least two topics: road funding and talent.
Robert Dye views 2019 as a “transitional year” for the U.S. economy as a trio of forces align to moderate growth during the year.
Change is inevitable in government and in business. Just ask The Right Place President and CEO Birgit Klohs, who next year will have worked in economic development during the terms of five different Michigan governors. Still, with all the uncertainty surrounding international trade and politics, now is not the time to wreak havoc on the state’s economic development policies, she said.
Multiple initiatives and projects in Ottawa County next year will focus on retention and attraction of people to the area, according to County Administrator Al Vanderberg. With the lowest unemployment rate in Michigan (2.5 percent in December), the talent shortage is affecting companies on the lakeshore. Most projects Vanderberg is watching have some tie to the future prosperity of the county.
Years of mobilization around the movement to legalize marijuana in Michigan bore fruit in 2018. Now, Tami VandenBerg, a board member of the organization that helped bring the legalization initiative to voters, predicts the ways the ‘green rush’ will start to reshape the region’s economy.