News

GVSU Economist: The Current West Michigan Economy Is About As Good As It Gets

GRAND RAPIDS - The economic pace for West Michigan was strong in September, but October was even stronger, said Brian G. Long, director of Supply Management Research in Grand Valley State University's Seidman College of Business. The current economy is about as good as it gets, Long said. "Hiring and retaining new workers continues to

By |2018-11-06T17:54:30-04:00November 6th, 2018|Featured, News|

Michigan Celebrates Nominations Extended Through November 12

LANSING - Nominations for the Michigan Celebrates Small Business have been extended until Nov. 12. All Michigan businesses deserve to be celebrated, so the Michigan Small Business Development Center is leaving the nominations open for one more week. Don’t miss your chance to join some of the best second-stage businesses in Michigan in Lansing for

By |2018-11-05T11:14:53-04:00November 5th, 2018|Michigan Small Business Development Center, News|

Harbour Report: Automotive Vendor Tooling Industry Sees Declining Sales

SOUTHFIELD - In yet another indicator that the automotive business is peaking, Harbour Results just published a report that said the automotive vendor tooling industry will spend $8 billion in 2019,  down from an estimated $9.2 billion in 2018, and $10.3 billion in 2017. The key factor driving decreased tooling spend is the decreased number

By |2018-10-31T18:15:30-04:00October 31st, 2018|Auto Tech, News|

California Semiconductor Company To Build $70 Million R&D Center In Ann Arbor

ANN ARBOR - A California semiconductor and nonoelectronics company, KLA-Tencor Corp., plans to build a research-and-development center in Ann Arbor that could generate more than $70 million in capital investment and some 500 high-tech jobs over the next five years. That project, along with a $3.6 million expansion by Coyote Logistics that will create 300

By |2018-10-25T17:39:57-04:00October 25th, 2018|News|

Davenport University Detroit Campus Seeks To Fill Yawning Tech, Healthcare, Urban Education Gap

DETROIT – Davenport University, the state’s second-largest non-profit university, plans to open a new campus in downtown Detroit in January. On tap will be 21 course offerings in areas such as business, healthcare, technology and urban education. It marks Grand Rapids-based Davenport’s second foray into metro Detroit. Last year Davenport closed its 40,000 square foot

By |2018-10-24T20:01:59-04:00October 24th, 2018|News|

BLM Report: Business Executives Less Positive About Direction Of Economy

DETROIT - The latest economic outlook from Business Leaders for Michigan shows far less optimism for the future among the state’s business executives. In the quarterly poll, only 31 percent of respondents said they held a positive view for the U.S. economy over the next six months, and just 22 percent believe Michigan’s economy will improve during

By |2018-10-24T15:07:43-04:00October 24th, 2018|News|

Reports: Michigan Business Owners Remain Optimistic

GRAND RAPIDS - Optimism about the economy remained high going into the third quarter among Michigan businesses surveyed by PNC Bank. In a semi-annual sentiment survey, 45 percent of the responding small and mid-market business owners and executives in Michigan said they feel optimistic about their local economy. That compares to 34 percent who said

By |2018-10-11T11:47:46-04:00October 11th, 2018|News|

Henry Ford Health System, Wayne State To Expand Partnership In Patient Care

DETROIT –Henry Ford Health System and Wayne State University announced Friday the organizations have signed a letter of intent to expand their long-term partnership and bring the two Detroit anchor institutions even closer together. This new partnership will create a collaborative model focused on achieving the highest levels of excellence in patient care, a transformational

By |2018-09-28T12:44:41-04:00September 28th, 2018|Life Sciences, Life Sciences/Biotech, News|

MSU Gets $2 Million DOE Grant To Develop Designs For Long-Duration Storage On US Power Grid

EAST LANSING - Michigan State University, along with its partners Arizona State University, Dresser-Rand, and Saudi Aramco Energy Ventures, will receive a competitive $2 million award from the U.S. Department of Energy’s Advanced Research Projects Agency-Energy to develop innovative designs for long-duration storage on the United States power grid. MSU’s research is part of the

By |2018-09-21T14:11:54-04:00September 21st, 2018|News|

Michigan University Research Corridor Contributes $18.7 Billion To State Economy

LANSING - Michigan’s University Research Corridor contributed $18.7 billion to the state economy in 2017, up from $16.5 billion in 2015, a report from Anderson Economic Group reports. The impact also marks an increase of 46 percent since 2007, the year the URC was formed and began benchmarking its impact on the state of Michigan.

By |2018-09-13T21:01:28-04:00September 13th, 2018|News, Politics|