GRAYLING - Saab, the Swedish defense and security company, is moving forward with plans to build a $75 million munitions plant in Grayling Township. “We see this as a great step forward, a great opportunity to build a meaningful place in the community, up in Grayling…” said Brad Barnard, vice president and general manager of
LANSING — Small and diverse automotive manufacturers in Michigan will soon have support securing funding to grow their businesses and hire more workers thanks to $9.1 million in funding from the U.S. Department of Treasury (Treasury) and a $500,000 matching grant from the Make it in Michigan Competitiveness Fund. This investment will launch the Michigan
ANN ARBOR – Invest360 event celebrated some of Southeast Michigan’s most innovative early-stage companies. With fifteen startups competing for a share of $200,000 in investment funds across the Technology, Healthcare, and Mobility sectors, the event highlighted the region’s vibrant entrepreneurial ecosystem. Culturebie claimed top honors in the Technology sector, impressing with its enterprise software aimed
DETROIT - As recreational marijuana sales kicked off in Ohio last month, Michigan’s cannabis industry wondered: How would this impact its own booming market, which attracts customers from across the Ohio border? It's widely acknowledged that Ohio residents cross state lines to buy marijuana in Michigan. There are dozens of dispensaries near the Ohio border
NEW YORK - Scientists using ice-breaking ships and underwater robots have found the Thwaites Glacier in Antarctica is melting at an accelerating rate and could be on an irreversible path to collapse, spelling catastrophe for global sea level rise. Since 2018, a team of scientists forming the International Thwaites Glacier Collaboration, has been studying Thwaites — often dubbed the
ANN ARBOR - Entrepreneurs are invited to apply for the 2024-2025 Start-Up Incubator program offered through The Entrepreneurship Center at Washtenaw Community College. The next cohort begins in October. The deadline to apply is September 27. Michelle Julet, Director of WCC's Entrepreneurship Center, joins MITech TV to provide the back story. The Start-Up Incubator is
ANN ARBOR—Research led by University of Michigan faculty and researchers generated a record-breaking 615 new inventions last year—a feat rarely achieved by any research commercialization office in the country. Additionally, 28 startup companies were launched to support the commercialization of U-M research discoveries. These new companies are advancing technologies across an array of disciplines, ranging
NEW YORK – Exxon Mobil, a global energy leader, is making a significant stride towards the Low-Carbon Hydrogen Project for America’s Clean Energy Future. This groundbreaking initiative is a strategic response to the increasing demand for sustainable fuels in industries and transportation. As the project progresses, it will not only create new jobs and economic
LANSING - In August, Michigan recreational and medical cannabis sales set a monthly record to $295.5 million, up nearly 3 percent from July sales $287.7 million. On a year over year basis, up 8.7 percent. Recreational Sales Chart Below: Medical Sales, however, fell 77.6 percent from 2023 to $1.3 million, down 6.9 percent from July,
COLUMBUS - A marijuana dispensary in Columbus that offered "free ice cream" to customers on the first day of adult-use sales was fined $150,000 for the marketing tactic. Greenleaf Apothecaries, also known as The Botanist, is one of several dispensaries around Ohio that faced such fines since adult-use sales began in August. The Arena District
