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Economic Development

Business Community Disappointed in Lame Duck Legislature’s Unemployment Tax Increase on Job Providers

Michigan Business Network
December 11, 2024 12:00 PM

LANSING, Mich. – The state’s six largest business organizations, the Michigan Manufacturers Association, Michigan Chamber of Commerce, Detroit Regional Chamber, Grand Rapids Chamber, Small Business Association of Michigan and Business Leaders For Michigan, released the following statement expressing disappointment to the Michigan Legislature’s passage of legislation (Senate Bill 40) yesterday to drastically increase UI benefits – and costs to employers, who fund 100% of the cost of the UI system:

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Pure Lansing : TAEIN E&D Announces Expansion into U.S. Market with Support from Lansing Economic Area Partnership and Lansing Regional SmartZone

Pure Lansing
December 10, 2024 4:15 PM

South Korea-based company is noted for robotics and eco-friendly technology for the food and beverage industry

LANSING, Mich. — (December 9, 2024)—TAEIN E&D, a South Korea-based company recognized for its excellence in robotics and eco-friendly technologies for the food and beverage industry, today announced its expansion into the U.S. market, thanks to support from the Lansing Economic Area Partnership (LEAP) and the Lansing Regional SmartZone (LRSZ).

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Right Place Assists BENTELER with $105m Expansion in Wyoming

Michigan Business Network
December 10, 2024 3:45 PM

147 jobs being added at new 315,000 SF EV component plant at Site 36

(GRAND RAPIDS, MICH) -  Today, The Right Place, Inc., in collaboration with the Michigan Economic Development Corporation (MEDC), announced that The BENTELER Group will expand its Grand Rapids area presence with the addition of a 315,000 SF plant on a 20-acre location at the Site 36 property in Wyoming.

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Stabenow, Peters Applaud Senate Passage of Legislation to Extend Great Lakes Protections

Michigan Business Network
December 10, 2024 8:00 AM

WASHINGTON, DC – U.S. Senators Debbie Stabenow, co-chair of the U.S. Senate Great Lakes Task Force, and Gary Peters applauded the Senate passage of their bipartisan Great Lakes Restoration Initiative (GLRI) Act of 2024. The legislation reauthorizes this critical program for another five years through fiscal year 2031.

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Pure Lansing : Matrix Consulting Engineers Expands Operations with New Location in Delta Township, Michigan

Pure Lansing
December 9, 2024 6:00 PM

Creating 55 New Jobs and Bolstering Michigan's Engineering Sector 

Lansing, Mich. (Dec. 9, 2024) – Matrix Consulting Engineers Inc. (Matrix), a leading provider of mechanical and electrical engineering services, is excited to announce the expansion of its operations, consolidating several locations to a new office building in Delta Township. This strategic move will create 55 new jobs over the next three years and represents a significant $5 million investment in the region.

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Senator Stabenow Secures $78 Million for Michigan Specialty Crop Producers

Michigan Business Network
December 9, 2024 5:00 PM

WASHINGTON (Monday, Dec. 9, 2024) – Senator Debbie Stabenow (D-MI), Chairwoman of the Senate Agriculture, Nutrition, and Forestry Committee, Monday announced Monday that Michigan Specialty Crop producers will receive at least $78 million through the Marketing Assistance for Specialty Crops (MASC) program. The new program will provide $2 billion to support the competitiveness of U.S. specialty crop growers across the country as they manage competing pressures from rising labor costs, the climate crisis, and international markets.

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The Right Place Releases 2024 State of the Region

Michigan Business Network
December 6, 2024 10:00 AM

The 2024 State of the Region report offers a deep dive into the economic trends shaping the future of Greater Grand Rapids. Over the past year, our team at The Right Place has connected with more than 600 businesses, gaining firsthand insight into the opportunities and innovations driving our region forward.

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LAFCU Honored with Delta Township Community Impact–Legacy Award

Michigan Business Network
December 5, 2024 6:00 PM

Credit union recognized for outstanding contributions to making Delta Township a vibrant place to live, work, and play

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Unemployment Claims in Michigan Are 1.00% Lower Than Previous Week – WalletHub Study

Michigan Business Network
December 5, 2024 3:00 PM

The unemployment situation in Michigan is improving, with last week’s claims 1.00% lower than in the previous week and 2.12% lower than last year, according to WalletHub’s updated rankings for the States Where Unemployment Claims Are Increasing the Most

Unemployment Situation in Michigan (1=Worst; 25=Avg.):

  • Overall Rank for Michigan: 6th
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Senator Stabenow Delivers Farewell Speech

Michigan Business Network
December 5, 2024 12:00 PM

WASHINGTON – U.S. Senator Debbie Stabenow (D-MI) Wednesday delivered her farewell address to the Senate. 

Senator Stabenow’s remarks are available to view here, and her remarks as prepared for delivery are available below:

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