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medc daily economic news
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"Access to some of the stories in the MEDC Daily Economic News may require a subscription. Please visit individual news outlets' websites for terms and conditions required to access their content. "
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Featured News
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Government Technology | August 28, 2023
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*Michigan Invests in STEM to Meet CHIPS Act Goals* [ [link removed] ]
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MEDC In the News
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The Alpena News | August 28, 2023
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*Thunder Bay Theatre to begin renovations next month* [ [link removed] ]
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michiganbusinessnetwork.com | August 28, 2023
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*Michigan Business Beat | Jacob Schroeder MEDC International Trade Details on MI-Step Program Funds* [ [link removed] ]
MI-STEP Grants once again become Available October 1. Watch Jacob and Chris' interview for more details.
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Plastics News | August 25, 2023
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*Auto supplier Plastic Omnium plans $170M hydrogen investment in Michigan* [ [link removed] ]
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WWMT | August 25, 2023
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*Three counties in West Michigan to receive funding for needed housing* [ [link removed] ]
As Michigan Governor Gretchen Whitmer pushes for more people to come to the Mitten State, more housing projects are needed.In West Michigan, a development inst
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Escanaba Daily Press | August 25, 2023
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*Fundraising starts for Pickleball Courts of Dreams project in Gladstone* [ [link removed] ]
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Michigan Economic Development Corporation (MEDC) | August 25, 2023
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*National recognition spotlights inclusive spirit and innovative marketing efforts of Pure Michigan campaign* [ [link removed] ]
Dave Lorenz named State Tourism Director of the Year by U.S. Travel Association
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Crain's Detroit Business | August 25, 2023
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*Gotion reaches development agreement with Michigan township for EV battery plant* [ [link removed] ]
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Business Development
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Crain's Detroit Business | August 28, 2023
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*University of Michigan economic outlook lowers chances of a national recession* [ [link removed] ]
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Second Wave media | August 28, 2023
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*Here?s how 3 metro Detroit businesses are using Artificial Intelligence to their advantage* [ [link removed] ]
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Second Wave media | August 28, 2023
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*Michigan hop farmers are upbeat about their future* [ [link removed] ]
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Lansing State Journal | August 28, 2023
SHARE: Image removed by sender. [ [link removed] ]?Image removed by sender. [ [link removed] ] ?Image removed by sender. [ [link removed] ] ?Image removed by sender. <?Subject=Adjoining%20hotels,%20Italian%20steakhouse%20near%20completion%20at%20$260M%20Red%20Cedar%20development&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.lansingstatejournal.com/story/news/local/2023/08/27/hotels-italian-steakhouse-near-completion-at-260m-red-cedar-development/70535586007/%0A%0A%0A%0A>
*Adjoining hotels, Italian steakhouse near completion at $260M Red Cedar development* [ [link removed] ]
Two adjoining hotels and a restaurant situated along East Michigan Avenue within the $260 million Red Cedar development will be finished by Aug. 31.
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Crain?s Grand Rapids Business | August 25, 2023
SHARE: Image removed by sender. [ [link removed] ]?Image removed by sender. [ [link removed] ] ?Image removed by sender. [ [link removed] ] ?Image removed by sender. <?Subject=Bill%20would%20allow%20Michigan%20to%20invest%20$150M%20with%20partner%20to%20produce%20insulin%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.crainsgrandrapids.com/news/health-care/bill-would-allow-michigan-to-invest-150m-with-partner-to-produce-insulin/%0A%0A%0A%0A>
*Bill would allow Michigan to invest $150M with partner to produce insulin * [ [link removed] ]
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WEYI | August 25, 2023
SHARE: Image removed by sender. [ [link removed] ]?Image removed by sender. [ [link removed] ] ?Image removed by sender. [ [link removed] ] ?Image removed by sender. <?Subject=Hydrogen%20technology%20company%20to%20make%20large%20investment%20in%20Grand%20Blanc%20Township&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://midmichigannow.com/news/local/hydrogen-technology-company-to-make-large-investment-in-grand-blanc-township%0A%0A%0A%0A>
*Hydrogen technology company to make large investment in Grand Blanc Township* [ [link removed] ]
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Crain?s Grand Rapids Business | August 25, 2023
SHARE: Image removed by sender. [ [link removed] ]?Image removed by sender. [ [link removed] ] ?Image removed by sender. [ [link removed] ] ?Image removed by sender. <?Subject=Grand%20Rapids%20medical%20device%20firm%20closes%20on%20$45M%20in%20debt%20financing%20to%20help%20scale%20operations%20%20%20%20&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.crainsgrandrapids.com/news/health-care/grand-rapids-medical-device-firm-closes-on-45m-in-debt-financing-to-help-scale-operations/%0A%0A%0A%0A>
*Grand Rapids medical device firm closes on $45M in debt financing to help scale operations * [ [link removed] ]
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Community Development
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Model D | August 28, 2023
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*Livability Labs bring Muskegon County leaders together to solve community challenges* [ [link removed] ]
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The Detroit News | August 28, 2023
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*'A resilient, adaptive community': How development is transforming Detroit's Corktown* [ [link removed] ]
The transformation of Corktown is a continuing story of the area?s evolution, said Blake Almstead, president of the Corktown Historical Society.
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The Alpena News | August 28, 2023
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*Thunder Bay Theatre to begin renovations next month* [ [link removed] ]
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The News-Herald | August 28, 2023
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*?Make it in Michigan? tour puts spotlight on Wyandotte development* [ [link removed] ]
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MLive.com | August 27, 2023
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*167 years after only Michigan speech, Abraham Lincoln returns to Kalamazoo* [ [link removed] ]
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The Detroit News | August 27, 2023
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*Four Wayne County buildings earn spot on National Register of Historic Places* [ [link removed] ]
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WSJM-AM | August 26, 2023
SHARE: Image removed by sender. [ [link removed] ]?Image removed by sender. [ [link removed] ] ?Image removed by sender. [ [link removed] ] ?Image removed by sender. <?Subject=Benton%20Harbor%20seeking%20to%20reopen%20community%20center&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.wsjm.com/2023/08/26/benton-harbor-seeking-to-reopen-community-center/%0A%0A%0A%0A>
*Benton Harbor seeking to reopen community center* [ [link removed] ]
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MLive.com | August 25, 2023
SHARE: Image removed by sender. [ [link removed] ]?Image removed by sender. [ [link removed] ] ?Image removed by sender. [ [link removed] ] ?Image removed by sender. <?Subject=Affordable%20housing%20eyed%20for%20long-vacant%20Muskegon%20school%20building&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.mlive.com/news/muskegon/2023/08/affordable-housing-eyed-for-long-vacant-muskegon-school-building.html%0A%0A%0A%0A>
*Affordable housing eyed for long-vacant Muskegon school building* [ [link removed] ]
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REJournals.com | August 25, 2023
SHARE: Image removed by sender. [ [link removed] ]?Image removed by sender. [ [link removed] ] ?Image removed by sender. [ [link removed] ] ?Image removed by sender. <?Subject=Bedrock-planned%20entertainment%20hub%20taking%20shape%20in%20downtown%20Detroit&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://rejournals.com/bedrock-planned-entertainment-hub-taking-shape-in-downtown-detroit/%0A%0A%0A%0A>
*Bedrock-planned entertainment hub taking shape in downtown Detroit* [ [link removed] ]
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Southwest Michigan's Second Wave | August 25, 2023
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*East Main Street Condo project progresses, will provide housing in Kalamazoo's Eastside Neighborhood* [ [link removed] ]
The Kalamazoo County Land Bank has been working to help the Eastside Neighborhood develop affordable, mixed-income housing, and more space for new businesses. Work is progressing on the construction of six condominium units and 1,800 square feet of c
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Escanaba Daily Press | August 25, 2023
SHARE: Image removed by sender. [ [link removed] ]?Image removed by sender. [ [link removed] ] ?Image removed by sender. [ [link removed] ] ?Image removed by sender. <?Subject=Escanaba%20distillery%20gets%20state%20agriculture%20department%20grant&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.dailypress.net/news/local-news/2023/08/escanaba-distillery-gets-state-agriculture-department-grant/%0A%0A%0A%0A>
*Escanaba distillery gets state agriculture department grant* [ [link removed] ]
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Second Wave media | August 25, 2023
SHARE: Image removed by sender. [ [link removed] ]?Image removed by sender. [ [link removed] ] ?Image removed by sender. [ [link removed] ] ?Image removed by sender. <?Subject=USDA%20grants%20$12.7M%20to%20bridge%20high-speed%20internet%20gaps%20in%20these%204%20northeast%20Michigan%20counties&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.secondwavemedia.com/rural-innovation-exchange/devnews/USDA-high-speed-internet.aspx%0A%0A%0A%0A>
*USDA grants $12.7M to bridge high-speed internet gaps in these 4 northeast Michigan counties* [ [link removed] ]
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Mobility & Automotive
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Crain's Detroit Business | August 28, 2023
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*Tool-and-die makers brace for big business amid ?unprecedented' wave of EV launches* [ [link removed] ]
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WXMI-TV | August 26, 2023
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*250 cyclists set record at ?Bikes on the Blue Bridge?* [ [link removed] ]
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Crain's Detroit Business | August 25, 2023
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*The shipping supply chain is plagued with inefficiencies. Can autonomous vessels solve that?* [ [link removed] ]
The project, expected to kick off in earnest in the coming weeks, seeks to untangle a supply chain plagued by inefficiencies while bringing new life to a port that is losing its traditional shipping operations.
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Detroit Free Press | August 25, 2023
SHARE: Image removed by sender. [ [link removed] ]?Image removed by sender. [ [link removed] ] ?Image removed by sender. [ [link removed] ] ?Image removed by sender. <?Subject=DTE,%20Consumers%20Energy%20are%20playing%20a%20big%20role%20in%20the%20electric%20vehicle%20transition&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.freep.com/story/money/business/michigan/2023/08/24/how-michigan-utility-companies-are-shaping-the-electric-vehicle-future/70650290007/%0A%0A%0A%0A>
*DTE, Consumers Energy are playing a big role in the electric vehicle transition* [ [link removed] ]
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Talent
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DBusiness | August 28, 2023
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*University of Michigan and Fullstack Academy Launch Tech Bootcamps* [ [link removed] ]
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WEYI | August 28, 2023
SHARE: Image removed by sender. [ [link removed] ]?Image removed by sender. [ [link removed] ] ?Image removed by sender. [ [link removed] ] ?Image removed by sender. <?Subject=Kettering%20University%20faculty%20awarded%20nearly%20$400k%20NSF%20grant%20to%20build%20industry%20partnerships%20and%20launch%20tech-focused%20research%20internship%20progr&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://midmichigannow.com/news/local/kettering-university-faculty-awarded-nearly-400k-nsf-grant-to-build-industry-partnerships-and-launch-tech-focused-research-internship-program%0A%0A%0A%0A>
*Kettering University faculty awarded nearly $400k NSF grant to build industry partnerships and launch tech-focused research internship progr* [ [link removed] ]
A team of Kettering University faculty members has received a National Science Foundation (NSF) grant for $398,946.
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Crain's Detroit Business | August 25, 2023
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*These companies are consistently ranked the best places to work in Southeast Michigan* [ [link removed] ]
They made this year's top 30 and have established themselves as the Best Places to Work time and time again.
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Entrepreneurship
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Manchester Times | August 28, 2023
SHARE: Image removed by sender. [ [link removed] ]?Image removed by sender. [ [link removed] ] ?Image removed by sender. [ [link removed] ] ?Image removed by sender. <?Subject=Michigan%E2%80%99s%20Investment%20in%20High-Tech,%20Founders,%20and%20Startups%20Paying%20off&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.manchestertimes.com/news/business/michigan-s-investment-in-high-tech-founders-and-startups-paying-off/article_6108e74b-8a41-5570-95ab-f358860363ba.html%0A%0A%0A%0A>
*Michigan?s Investment in High-Tech, Founders, and Startups Paying off* [ [link removed] ]
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WWMT-TV | August 27, 2023
SHARE: Image removed by sender. [ [link removed] ]?Image removed by sender. [ [link removed] ] ?Image removed by sender. [ [link removed] ] ?Image removed by sender. <?Subject=GVSU%20offers%20free%20entrepreneurship%20program%20for%20veterans%20in%20Battle%20Creek&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://wwmt.com/news/local/gvsu-program-veteran-entrepreneur-battle-creek-michigan-veteran-lab-military-community-small-business-start-ups-free-participants%0A%0A%0A%0A>
*GVSU offers free entrepreneurship program for veterans in Battle Creek* [ [link removed] ]
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Economic Trends
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Lansing State Journal | August 28, 2023
SHARE: Image removed by sender. [ [link removed] ]?Image removed by sender. [ [link removed] ] ?Image removed by sender. [ [link removed] ] ?Image removed by sender. <?Subject=Adjoining%20hotels,%20Italian%20steakhouse%20near%20completion%20at%20$260M%20Red%20Cedar%20development&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.lansingstatejournal.com/story/news/local/2023/08/27/hotels-italian-steakhouse-near-completion-at-260m-red-cedar-development/70535586007/%0A%0A%0A%0A>
*Adjoining hotels, Italian steakhouse near completion at $260M Red Cedar development* [ [link removed] ]
Two adjoining hotels and a restaurant situated along East Michigan Avenue within the $260 million Red Cedar development will be finished by Aug. 31.
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Travel
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Crain's Detroit Business | August 28, 2023
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*Tourist towns expect school districts' earlier start to hit them in the wallets this Labor Day* [ [link removed] ]
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The Detroit News | August 27, 2023
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*U.P. State Fair endures as young farmers get rewarded for raising animals* [ [link removed] ]
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Arts & Lifestyle
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Second Wave media | August 28, 2023
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*Highlights from the 2023 Blue Water Traditional Pow-Wow* [ [link removed] ]
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Second Wave media | August 28, 2023
SHARE: Image removed by sender. [ [link removed] ]?Image removed by sender. [ [link removed] ] ?Image removed by sender. [ [link removed] ] ?Image removed by sender. <?Subject=The%20Historic%20Masonic%20Temple%20raises%20the%20curtain%20for%20three%20local%20playwrights&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.secondwavemedia.com/baycity/features/historic-masonic-temple-raises-the-curtain.aspx%0A%0A%0A%0A>
*The Historic Masonic Temple raises the curtain for three local playwrights* [ [link removed] ]
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WXMI-TV | August 27, 2023
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*Polish Heritage Festival wraps up, celebrating 60th year in Grand Rapids* [ [link removed] ]
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MLive.com | August 26, 2023
SHARE: Image removed by sender. [ [link removed] ]?Image removed by sender. [ [link removed] ] ?Image removed by sender. [ [link removed] ] ?Image removed by sender. <?Subject=%E2%80%98Fingers%20are%20crossed%E2%80%99%20Grand%20Rapids%20pro%20soccer%20stadium%20could%20open%20by%202026&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.mlive.com/news/grand-rapids/2023/08/fingers-are-crossed-grand-rapids-pro-soccer-stadium-could-open-by-2026.html%0A%0A%0A%0A>
*?Fingers are crossed? Grand Rapids pro soccer stadium could open by 2026* [ [link removed] ]
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MLive.com | August 26, 2023
SHARE: Image removed by sender. [ [link removed] ]?Image removed by sender. [ [link removed] ] ?Image removed by sender. [ [link removed] ] ?Image removed by sender. <?Subject=Hundreds%20flock%20to%20Burning%20Foot%20Festival%20on%20Lake%20Michigan%20for%20100%20breweries,%20Bob%20Marley%E2%80%99s%20son&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.mlive.com/news/muskegon/2023/08/hundreds-flock-to-burning-foot-festival-on-lake-michigan-for-100-breweries-bob-marleys-son.html%0A%0A%0A%0A>
*Hundreds flock to Burning Foot Festival on Lake Michigan for 100 breweries, Bob Marley?s son* [ [link removed] ]
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Second Wave media | August 25, 2023
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*Local businesses whip up tasty bite-sized treats for statewide snack competition?s return* [ [link removed] ]
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MLive.com | August 25, 2023
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*5 fun things to do in Grand Rapids this weekend (Aug. 25-27)* [ [link removed] ]
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Escanaba Daily Press | August 25, 2023
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*U.P. State Fair sets record attendance* [ [link removed] ]
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Southwest Michigan's Second Wave | August 25, 2023
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*PHOTO ESSAY: Tour the vibrant murals of Color the Creek* [ [link removed] ]
In its 8th year, Battle Creek's Color the Creek is a much-anticipated event each year, transforming the city into vibrant color.
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Second Wave media | August 25, 2023
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*What to do with unwanted electronics and appliances* [ [link removed] ]
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