Displaying items by tag: economic development
As the consumer vehicle market gradually transitions to electrified models, automotive experts say the commercial fleet segment has the potential to transform the sector more rapidly.
The COVID-19 pandemic and subsequent widespread shift to remote working has stalled plans for a commuter transit system that would connect Grand Rapids and Holland.
MUSKEGON — Facing ongoing budget constraints, the Muskegon Area Transit System (MATS) is launching a new program this week that aims to cut costs while providing the same level of service through an on-demand platform similar to Uber and Lyft.
Republican lawmakers are advancing bills that would reduce Michigan’s corporate income tax rate by 20 percent and create tax credits for businesses that lost at least a quarter of their revenue during COVID-19 restrictions.
Here's the MiBiz Growth Report for June 20, 2021.
Michigan residents will no longer have to contend with COVID-19 gathering and masking restrictions beginning next week.
The family investment company of Doug and Maria DeVos has acquired a majority stake in Walstrom Marine Inc., a yacht sales and service company and marina operator in Northern Michigan.
GRAND RAPIDS — City officials expect to purchase riverfront property currently home to the Kent County Road Commission by fall of 2023, setting in motion plans for an amphitheater to be constructed roughly two miles south.
PORTAGE — Midwest Fastener Corp. plans to create up to 90 jobs as part of a $10.8 million investment to expand its headquarters and distribution center in Portage and operations in Decatur.
KALAMAZOO — Prominent businesses and community organizations will soon move into the newly constructed mixed-use Warner Building in downtown Kalamazoo.