This week, four of Michigan’s government leaders joined together to announce $50 million in funding for Soo Locks upgrades. For the announcement, Governor Rick Snyder was joined by Lt. Governor Brian Calley, Senate Majority Leader Arlan Meekhof, and House Speaker Tom Leonard. Over the past few weeks, the leaders have worked together to identify funding […]
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Wrapping up his eight-day investment mission to Europe, Governor Rick Snyder and Secretary Mona Keijzer, State Secretary of Economic Affairs and Climate Policy of The Netherlands, signed a Memorandum of Understanding (MOU). The goal of the MOU is to strengthen bilateral cooperation across Michigan and The Netherlands’ respective automotive and technology sectors to support growth […]
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An annual analysis of the nation’s tech industry released by CompTIA found Michigan added 13,160 net new tech jobs in 2017, third only to California and Texas. Additionally, Michigan is ranked ninth overall in net tech employment. In addition to added jobs, the report shows the state’s tech sector is increasingly contributing to its economy […]
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Economic Development is an adrenaline business and agencies seem to be operating out of a major fishing tournament marketing playbook. Let’s stop and think about this a moment. They identify the species they intend to pursue (business sectors), draw the best fishermen (business development managers), offer new, colorful, and enticing lures (big incentives), cast a […]
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In accordance with the Workforce Opportunity Wage Act of 2014, Michigan’s minimum hourly wage will increase on January 1, 2018. For non-tipped employees, the rate will increase from $8.90/hour to $9.25/hour. The minimum wage will also increase for tipped employees as they are paid a percentage of the state’s hourly wage. When the Act was […]
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With these tops exports and industries, plus many more, Michigan’s economy is continuing to grow.
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During the 50th annual Michigan Restaurant Show, five Michigan restaurants were presented with “Michigan GROWN, Michigan GREAT” awards. The awards were established to recognize restaurants that source fresh Michigan fruits, vegetables, meat, fish, and beverages in their restaurants. They were made possible through a partnership between the Michigan Department of Agriculture and Rural Development, the […]
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This week, the House Financial Services Committee heard testimony on a bill granting free credit freezes through consumer credit-reporting agencies. Currently, fees can be charged by credit-reporting agencies for each action that a consumer takes, such as one charge for imposing a freeze, another to discontinue it, and additional fees if a freeze is needed […]
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