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Economic Development (366)

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.

Jackson-based Consumers Energy says it hears loud and clear the message from a growing number of large Michigan businesses that want their electricity to come from renewable sources.

Even as West Michigan’s economy continues to improve, its public education system faces considerable uncertainty.

MUSKEGON — As a result of the challenging economics of maintaining decades-old coal plants, communities nationwide have wrestled with how to replace lost tax revenue and repurpose large industrial brownfield sites when those facilities close.

Executives in Michigan’s solar energy industry spent most of 2016 dealing with anxiety and uncertainty over proposed legislative changes most believed would have stifled growth in the state’s nascent sector.

Last year, Larry Zeiser answered a phone call that would forever change the way he perceived drug abuse in West Michigan.

Fisheries managers witnessed firsthand the devastation caused to coastal communities around Lake Huron when the population of chinook salmon abruptly crashed in 2004.

LAKETOWN CHARTER TOWNSHIP — Just south of Holland, voters last spring narrowly defeated a local plan to bring high-speed broadband internet service to every residential and commercial building in the township.

Roughly a year ago, Jackson-based Consumers Energy became the first major utility in Michigan to propose a statewide network of electric vehicle charging stations.

Because Native American tribes are sovereign nations, they’re tax-exempt and have their own statutes and regulations, although they must follow federal law. Tribally owned firms also are exempt from state and federal income taxes.

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