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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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The Detroit News | January 24, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=State%20of%20the%20State:%20Whitmer%20to%20push%20for%20reviving%20job%20creation%20program&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.detroitnews.com/story/news/politics/2024/01/23/michigan-gretchen-whitmer-good-jobs-hire-program-tax-incentives-state-of-the-state/72330672007/%0A%0A%0A%0A>
*State of the State: Whitmer to push for reviving job creation program* [ [link removed] ]
Legislation pending in the Michigan Senate would let companies capture state income taxes for new jobs that pay 150% above regional median wages.
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MEDC In the News
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Crain's Detroit Business | January 24, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Fortescue%20CEO:%20Detroit%20is%20%E2%80%98best%20place%E2%80%99%20for%20new%20$210M%20EV%20battery%20factory,%20600%20jobs&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.crainsdetroit.com/manufacturing/fortescue-detroit-best-place-210m-ev-battery-plant%0A%0A%0A%0A>
*Fortescue CEO: Detroit is ?best place? for new $210M EV battery factory, 600 jobs* [ [link removed] ]
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Urbanize Atlanta | January 24, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=EV%20battery%20manufacturing%20center%20coming%20to%20Milwaukee%20Junction&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://detroit.urbanize.city/post/ev-battery-manufacturing-center-coming-milwaukee-junction%0A%0A%0A%0A>
*EV battery manufacturing center coming to Milwaukee Junction* [ [link removed] ]
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MLive.com | January 24, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Freight%20company%20plans%20352%20jobs,%20new%20headquarters%20in%20West%20Michigan&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.mlive.com/news/grand-rapids/2024/01/freight-company-plans-352-jobs-new-headquarters-in-west-michigan.html%0A%0A%0A%0A>
*Freight company plans 352 jobs, new headquarters in West Michigan* [ [link removed] ]
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Automotive News | January 24, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=German%20EV%20charging%20company%20plans%20$14.4M%20North%20American%20HQ%20in%20Detroit&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.autonews.com/mobility-report/ev-charging-company-ecog-plans-north-american-base-detroit%0A%0A%0A%0A>
*German EV charging company plans $14.4M North American HQ in Detroit* [ [link removed] ]
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Crain?s Grand Rapids Business | January 24, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Freight%20company%20secures%20$2M%20grant%20to%20add%20352%20jobs%20in%20West%20Michigan&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.crainsgrandrapids.com/news/transportation/freight-company-secures-2m-grant-to-add-352-jobs-in-west-michigan/%0A%0A%0A%0A>
*Freight company secures $2M grant to add 352 jobs in West Michigan* [ [link removed] ]
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WXYZ-TV | January 24, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Detroit%20to%20become%20new%20global%20hub%20for%20advanced%20manufacturing,%20clean%20energy&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.wxyz.com/news/detroit-to-become-new-global-hub-for-advanced-manufacturing-clean-energy%0A%0A%0A%0A>
*Detroit to become new global hub for advanced manufacturing, clean energy* [ [link removed] ]
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International Mining | January 24, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Fortescue%20gets%20state%20funding%20from%20Michigan%20for%20new%20battery%20&%20electrolyser%20facility%20in%20Detroit&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://im-mining.com/2024/01/23/fortescue-gets-state-funding-from-michigan-for-new-battery-electrolyser-facility-in-detroit/%0A%0A%0A%0A>
*Fortescue gets state funding from Michigan for new battery & electrolyser facility in Detroit* [ [link removed] ]
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MLive.com | January 24, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Australian%20company%20turning%20old%20Michigan%20auto%20factory%20into%20$210M%20battery%20plant&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.mlive.com/public-interest/2024/01/australian-company-turning-old-michigan-auto-factory-into-210m-battery-plant.html%0A%0A%0A%0A>
*Australian company turning old Michigan auto factory into $210M battery plant* [ [link removed] ]
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woodtv.com | January 24, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Kentwood%20company%20receives%20$2M%20grant%20for%20new%20HQ&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.woodtv.com/news/kent-county/kentwood-company-receives-2m-grant-for-new-hq/%0A%0A%0A%0A>
*Kentwood company receives $2M grant for new HQ* [ [link removed] ]
On Tuesday, the Michigan Strategic Fund approved a request from Fifth Wheel Freight for a $2 million Michigan Business Development Program grant.
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MLive.com | January 24, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=German%20EV%20charging%20company%20to%20locate%20US%20headquarters%20in%20Michigan&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.mlive.com/public-interest/2024/01/german-ev-charging-company-to-locate-us-headquarters-in-michigan.html%0A%0A%0A%0A>
*German EV charging company to locate US headquarters in Michigan* [ [link removed] ]
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The Detroit News | January 23, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=MEDC%20approves%20incentives%20for%20EV-related%20companies%20to%20move%20into%20Detroit&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.detroitnews.com/story/business/autos/2024/01/23/medc-approves-incentives-for-ev-related-companies-to-move-into-detroit/72323775007/%0A%0A%0A%0A>
*MEDC approves incentives for EV-related companies to move into Detroit* [ [link removed] ]
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WKZO-AM | January 23, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=New%20housing%20project%20with%20child%20care%20center%20opens%20in%20the%20Kalamazoo%20Northside%20neighborhood&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://wkzo.com/2024/01/23/617975/%0A%0A%0A%0A>
*New housing project with child care center opens in the Kalamazoo Northside neighborhood* [ [link removed] ]
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Crain's Detroit Business | January 23, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=German%20EV%20charging%20company%20plans%20$14.4M%20North%20American%20HQ%20in%20Corktown&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.crainsdetroit.com/manufacturing/ev-charging-company-ecog-plans-north-american-base-detroit%0A%0A%0A%0A>
*German EV charging company plans $14.4M North American HQ in Corktown* [ [link removed] ]
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Business Development
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DBusiness | January 23, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Southfield-based%20Atwell%20Expands%20via%20Acquisition%20of%20Maryland%20Firm&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.dbusiness.com/daily-news/southfield-based-atwell-expands-via-acquisition-of-maryland-firm/%0A%0A%0A%0A>
*Southfield-based Atwell Expands via Acquisition of Maryland Firm* [ [link removed] ]
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Community Development
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MLive.com | January 24, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=From%20blue%20collar%20town%20to%20Lake%20Michigan%20getaway:%20Muskegon%20hits%20its%20stride&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.mlive.com/news/muskegon/2024/01/from-blue-collar-town-to-lake-michigan-getaway-muskegon-hits-its-stride.html%0A%0A%0A%0A>
*From blue collar town to Lake Michigan getaway: Muskegon hits its stride* [ [link removed] ]
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Mobility & Automotive
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MLive.com | January 24, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Grand%20Rapids%20car-share%20pilot%20will%20let%20people%20rent%20a%20vehicle%20for%20$5%20an%20hour&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.mlive.com/news/grand-rapids/2024/01/grand-rapids-car-share-pilot-will-let-people-rent-a-vehicle-for-5-an-hour.html%0A%0A%0A%0A>
*Grand Rapids car-share pilot will let people rent a vehicle for $5 an hour* [ [link removed] ]
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MLive.com | January 24, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Michigan%20secures%20$1.8M%20to%20fix%20these%20172%20broken%20EV%20chargers&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.mlive.com/public-interest/2024/01/michigan-secures-18m-to-fix-these-172-broken-ev-chargers.html%0A%0A%0A%0A>
*Michigan secures $1.8M to fix these 172 broken EV chargers* [ [link removed] ]
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Talent
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MLive.com | January 24, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=John%20Ball%20Zoo%20hosting%20on-the-spot%20hiring%20party%20for%20seasonal%20jobs&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.mlive.com/news/grand-rapids/2024/01/john-ball-zoo-hosting-on-the-spot-hiring-party-for-seasonal-jobs.html%0A%0A%0A%0A>
*John Ball Zoo hosting on-the-spot hiring party for seasonal jobs* [ [link removed] ]
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mlive | January 24, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=1st%20enrollment%20gains%20since%20COVID-19%20confirmed%20at%20Michigan%20colleges&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.mlive.com/news/ann-arbor/2024/01/1st-enrollment-gains-since-covid-19-confirmed-at-michigan-colleges.html%0A%0A%0A%0A>
*1st enrollment gains since COVID-19 confirmed at Michigan colleges* [ [link removed] ]
For the first time since before the COVID-19 pandemic, Michigan universities and colleges saw slight increases in enrollment, according to a national report.
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Crain's Detroit Business | January 23, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Whitmer%20to%20ask%20lawmakers%20to%20make%20community%20college%20free%20for%20high%20school%20grads&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.crainsdetroit.com/education/whitmer-make-community-college-free-high-school-graduates%0A%0A%0A%0A>
*Whitmer to ask lawmakers to make community college free for high school grads* [ [link removed] ]
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Crain's Detroit Business | January 23, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Young%20Detroit%20artists%20could%20see%20$1,000%20a%20year%20in%20new%20grants%20for%20supplies,%20training&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.crainsdetroit.com/arts-culture/detroit-excellence-youth-arts-grants-fund-supplies-equipment%0A%0A%0A%0A>
*Young Detroit artists could see $1,000 a year in new grants for supplies, training* [ [link removed] ]
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Entrepreneurship
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Crain's Detroit Business | January 23, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Round%2025%20Motor%20City%20Match%20awardees%20represent%20variety%20of%20businesses&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.crainsdetroit.com/small-business/motor-city-match-round-25-winners%0A%0A%0A%0A>
*Round 25 Motor City Match awardees represent variety of businesses* [ [link removed] ]
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Economic News
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crainsdetroit.com | January 24, 2024
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*Here's what's on the docket in Whitmer's State of the State address* [ [link removed] ]
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Governing | January 23, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=How%20Cities%20Can%20Thrive%20in%20the%20New%20Industrial%20Era&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.governing.com/management-and-administration/how-cities-can-thrive-in-the-new-industrial-era%0A%0A%0A%0A>
*How Cities Can Thrive in the New Industrial Era* [ [link removed] ]
The nation is undergoing a massive shift in terms of building its advanced manufacturing capacity. Here's how metros need to position themselves to take advantage.
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Travel
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MLive.com | January 24, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Treetops%20Resort%20brings%20back%20Cool%20School%20package%20with%20lodging,%20meals,%20skiing%20and%20more&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.mlive.com/life/2024/01/treetops-resort-brings-back-cool-school-package-with-lodging-meals-skiing-and-more.html%0A%0A%0A%0A>
*Treetops Resort brings back Cool School package with lodging, meals, skiing and more* [ [link removed] ]
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Arts & Lifestyle
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MLive.com | January 24, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Cardboard%20sled%20races,%20snow%20angel%20competitions%20and%20more%20at%20Grand%20Haven%E2%80%99s%20Winterfest&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.mlive.com/news/grand-rapids/2024/01/cardboard-sled-races-snow-angel-competitions-and-more-at-grand-havens-winterfest.html%0A%0A%0A%0A>
*Cardboard sled races, snow angel competitions and more at Grand Haven?s Winterfest* [ [link removed] ]
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Crain?s Grand Rapids Business | January 24, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=DeVos-backed%20group%20launches%20prize-based%20trails%20initiative%20to%20get%20people%20outdoors&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.crainsgrandrapids.com/news/sports-recreation/devos-backed-group-launches-prize-based-trails-initiative-to-get-people-outdoors/%0A%0A%0A%0A>
*DeVos-backed group launches prize-based trails initiative to get people outdoors* [ [link removed] ]
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Crain's Detroit Business | January 24, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Young%20Detroit%20artists%20could%20see%20$1,000%20a%20year%20in%20new%20grants%20for%20supplies,%20training&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.crainsdetroit.com/arts-culture/detroit-excellence-youth-arts-grants-fund-supplies-equipment%0A%0A%0A%0A>
*Young Detroit artists could see $1,000 a year in new grants for supplies, training* [ [link removed] ]
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MLive.com | January 24, 2024
SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Snowboard%20trick%20competition%20by%20Red%20Bull%20coming%20to%20Grand%20Rapids%20area%20ski%20hill&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.mlive.com/news/grand-rapids/2024/01/snowboard-trick-competition-by-red-bull-coming-to-grand-rapids-ski-hill.html%0A%0A%0A%0A>
*Snowboard trick competition by Red Bull coming to Grand Rapids area ski hill* [ [link removed] ]
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Meltwater - 456 California St. Floor 11, San Francisco, California 94104 USA [ [link removed] ]
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