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Economic Development (375)

FREMONT — A shuttered waste-to-energy power plant in Newaygo County has reopened under new owners and management after abruptly closing two years ago.

West Michigan educators and at least one business group say the Trump administration’s plan to rescind the Deferred Action of Childhood Arrivals program already is leading to anxiety and uncertainty.

West Michigan economic developers plan to jump into an already crowded pool of contenders for Amazon.com Inc.’s proposed $5 billion second headquarters.

An ongoing case before the Michigan Public Service Commission over maintaining adequate electricity supplies into the future is prompting concerns over rising energy costs and unnecessarily spending $1 billion on new power plants.

Jackson-based Consumers Energy is targeting hundreds of its business customers statewide in an effort to reduce energy demand during times when the electric grid is most stressed.

GRAND RAPIDS — A growing manufacturer of high-tech food carts could serve as an example of the kind of business development that’s possible in West Michigan.

The call for new tariffs on imported solar panels has the potential to upend the solar energy industry nationwide.

SAUGATUCK — Ken Fischang hopes to do for tourism in Saugatuck what he did during 12 years at the helm of Sonoma County Tourism in California.

Michigan’s House and Senate may be in recess for most of the summer, but legislative issues continue to percolate. Advocates continue their work to move forward a range of legislation, including bills that would bring back tax credits for the redevelopment of historic buildings and another that would curb a controversial tax loophole. MiBiz checked in on the status of the two packages.

Small, independently owned power plants across Michigan are locked in a battle with Jackson-based Consumers Energy over what may very well decide their fate.

Backers of a marijuana legalization ballot initiative in Michigan say they have the financial and grassroots support necessary to put the question before voters in 2018.

GRAND RAPIDS — A dispute over 3.3 miles of railroad track running through the city could soon be coming to an end. 

Q&A: Karen Weaver, Mayor of Flint

Written by | Sunday, 11 June 2017 21:51 |

As Flint continues to recover from its water crisis that started more than three years ago, the city’s mayor is working on a multi-track approach to improve the city’s fate. Karen Weaver, who was elected mayor in November 2015, said she’s focusing on improving water quality and infrastructure, while also working on economic development initiatives for the city of around 98,000 people. Weaver spoke with MiBiz during the annual Mackinac Policy Conference hosted by the Detroit Regional Chamber on Mackinac Island.  

Q&A: Senator Gary Peters

Written by | Sunday, 11 June 2017 20:24 |

Sen. Gary Peters has focused his recent efforts on clearing the regulatory path for the advent of autonomous vehicles. In the coming weeks, the first-term U.S. senator plans to introduce bipartisan legislation to open up that regulatory framework. Peters sat down with MiBiz at the Mackinac Policy Conference to discuss his autonomous vehicle legislation, as well as his push for further infrastructure investments. 

M&A market shift ahead?

Written by | Sunday, 11 June 2017 20:00 |

M&A professionals say deal volume remains strong heading into mid year with more buyers in the market than sellers. 

Economists expect Michigan’s economy to grow through 2017, although at a little slower pace as automotive sales dip and the state’s manufacturing employment follows suit.

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