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The state stands to add 27,000 new life science jobs by 2020, according to a report issued last month by the Business Leaders for Michigan. On the other hand, life science professionals and economists counter by saying these robust job projections may be overly optimistic.

Published in Health Biz

Three of the region’s largest public companies reported strong 2011 financial results in late January, while also providing some guidance for 2012. Kalamazoo-based Stryker Corp. (NYSE: SYK) reported net sales increased 13.5 percent to $8.3 billion in 2012 and net earnings increased 5.7 percent to $1.3 billion. The maker of medical devices said acquisitions helped propel top-line growth over the previous year, though a $76 million charge for restructuring had an impact on earnings.

Published in Manufacturing
Friday, 10 February 2012 11:15

Business leaders outline state’s assets

The newest ideas from a coalition of corporate CEOs and university presidents seek to build on what Michigan already does well to drive employment and economic growth in the years ahead. Building on Michigan’s engineering and logistics acumen; growing the life sciences sector further; boosting agricultural processing and exports and tourism; strengthening higher education; and leveraging the auto industry’s legacy for new forms of transportation are the key elements of a “New Michigan” strategy rolled out by Business Leaders for Michigan.

Published in Economic Development
Thursday, 09 February 2012 11:01

MMA sets sights on personal property tax

Eliminating Michigan’s personal property tax has long been a high priority for business advocates in Lansing. This year, they may finally accomplish their goal. Gov. Rick Snyder and legislative leaders in the state House and Senate, on the heels of last year’s elimination of the Michigan Business Tax and creation of a 6 percent corporate income tax, have made repeal of the personal property tax a top priority in 2012.

Published in Manufacturing

More than a dozen of the 41 new vehicles launched during the press preview of the 2012 North American International Auto Show in Detroit were hybrid, plug-in hybrid electric or all-electric vehicles.

Published in Technology

A new bill could change how often Michigan revises its construction codes, and proponents say that could translate into savings for businesses and more consistency in the regulations. The state construction codes reform, House Bill 4561, is currently waiting its day in the Senate. Having passed the house in a 68-to-39 Republican majority vote on Dec. 1, the bill now awaits review by the Senate Committee on Regulatory Reform.

Published in Design Build
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