From Michigan Economic Development Corporation <[email protected]>
Subject MEDC Daily: New year brings economic development successes, opportunities for Michigan
Date February 1, 2023 11:31 PM
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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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Crain's Detroit Business | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Opinion:%20New%20year%20brings%20economic%20development%20successes,%20opportunities%20for%20Michigan&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.crainsdetroit.com/crains-forum-2023-priorities-lawmakers/opinion-medc-sharpens-focus-development-successes%0A%0A%0A%0A>



*Opinion: New year brings economic development successes, opportunities for Michigan* [ [link removed] ]



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The Detroit News | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Novi%20battery%20maker%20Our%20Next%20Energy%20raises%20$300M%20in%20Series%20B%20funding%20round&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.detroitnews.com/story/business/autos/2023/02/01/battery-maker-our-next-energy-raises-300-million-in-funding-round/69858397007/%0A%0A%0A%0A>



*Novi battery maker Our Next Energy raises $300M in Series B funding round* [ [link removed] ]



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MEDC In the News



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Manufacturing Business Technology | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Michigan%20Legislation%20Assists%20Global%20Manufacturer>



*Michigan Legislation Assists Global Manufacturer's North American Expansion* [ [link removed] ]



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Radioresultsnetwork.com | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Whitmer%20Signs%20Spending%20Bill;%20Includes%20$200%20Million%20For%20Escanaba%20Mill&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.radioresultsnetwork.com/2023/01/31/whitmer-signs-spending-bill-includes-200-million-for-escanaba-mill/%0A%0A%0A%0A>



*Whitmer Signs Spending Bill; Includes $200 Million For Escanaba Mill* [ [link removed] ]

Governor Gretchen Whitmer joined Lieutenant Governor Garlin Gilchrist II, Senate Majority Leader Winnie Brinks...



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MLive.com | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Michigan%20assembling%201,000-acre%20%E2%80%98mega%20sites%E2%80%99%20to%20attract%20big%20investments&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.mlive.com/public-interest/2023/02/michigan-assembling-1000-acre-mega-sites-to-attract-big-investments.html%0A%0A%0A%0A>



*Michigan assembling 1,000-acre ?mega sites? to attract big investments* [ [link removed] ]



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Second Wave media | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Billerud%20funding%20included%20in%20state%20budget&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.secondwavemedia.com/upword/devnews/banerudfunding.aspx%0A%0A%0A%0A>



*Billerud funding included in state budget* [ [link removed] ]



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WNDU-TV | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Upgrades%20planned%20for%20Court%20Place%20Plaza,%20facades%20in%20downtown%20St.%20Joseph&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.wndu.com/2023/01/31/upgrades-planned-court-place-plaza-facades-downtown-st-joseph/%0A%0A%0A%0A>



*Upgrades planned for Court Place Plaza, facades in downtown St. Joseph* [ [link removed] ]



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DBusiness | January 30, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Michigan%20Appoints%20Interim%20Chief%20Mobility%20Officer,%20Begins%20Hiring%20Search&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.dbusiness.com/daily-news/michigan-appoints-interim-chief-mobility-officer-begins-hiring-search/%0A%0A%0A%0A>



*Michigan Appoints Interim Chief Mobility Officer, Begins Hiring Search* [ [link removed] ]



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MoodyontheMarket.com | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Mid-Michigan%20Township%20Ponders%201500-Job%20Industrial%20%E2%80%98Mega-Site%E2%80%99:%20Prize%20vs.%20Price&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.moodyonthemarket.com/mid-michigan-township-ponders-1500-job-industrial-mega-site-prize-vs-price/%0A%0A%0A%0A>



*Mid-Michigan Township Ponders 1500-Job Industrial ?Mega-Site?: Prize vs. Price* [ [link removed] ]



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WTVB-AM | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Children%E2%80%99s%20Museum%20could%20begin%20moving%20into%20Taylor%E2%80%99s%20building%20during%20March&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://wtvbam.com/2023/01/31/459869/%0A%0A%0A%0A>



*Children?s Museum could begin moving into Taylor?s building during March* [ [link removed] ]



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Metromode | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Foundation%20donates%20$25K%20to%20Farmington%20park%20project%20in%20hopes%20of%20inspiring%20hometown%20pride&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.secondwavemedia.com/metromode/features/Dinan-Foundation-pocket-park-23.aspx%0A%0A%0A%0A>



*Foundation donates $25K to Farmington park project in hopes of inspiring hometown pride* [ [link removed] ]



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Business Development



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Crain's Detroit Business | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Battery%20startup%20Our%20Next%20Energy%20raises%20$300%20million%20in%20new%20funding%20round&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.crainsdetroit.com/automotive/our-next-energy-raises-another-300-million%0A%0A%0A%0A>



*Battery startup Our Next Energy raises $300 million in new funding round* [ [link removed] ]



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The Detroit News | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=GM>



*GM's record profit sharing to boost Michigan economy as EV push intensifies* [ [link removed] ]

GM?s earnings of $14.5 billion reflect the strength of the industry with demand for new, pricey vehicles still strong despite higher interest rates.



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Crain's Detroit Business | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Whitmer%20signs%20$1.1%20billion%20spending%20bill%20that%20has%20funding%20for%20businesses,%20housing&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.crainsdetroit.com/politics-policy/gretchen-whitmer-signs-11-billion-spending-bill%0A%0A%0A%0A>



*Whitmer signs $1.1 billion spending bill that has funding for businesses, housing* [ [link removed] ]



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MLive.com | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Land%20Bank%20event%20aims%20to%20add%20local,%20minority%20contractors%20for%20massive%20demolition%20program&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.mlive.com/news/flint/2023/02/land-bank-event-aims-to-add-local-minority-contractors-for-massive-demolition-program.html%0A%0A%0A%0A>



*Land Bank event aims to add local, minority contractors for massive demolition program* [ [link removed] ]



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DBusiness | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Novi%E2%80%99s%20Our%20Next%20Energy%20Closes%20$300M%20Series%20B%20Equity%20Raise,%20Company%20Valued%20at%20$1.2B&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.dbusiness.com/daily-news/novis-our-next-energy-closes-300m-series-b-equity-raise-company-valued-at-1-2b/%0A%0A%0A%0A>



*Novi?s Our Next Energy Closes $300M Series B Equity Raise, Company Valued at $1.2B* [ [link removed] ]



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Crain's Detroit Business | January 31, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Whirlpool%20sees%20improving%20profitability%20as%20materials%20costs%20ease&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.crainsdetroit.com/manufacturing/whirlpool-expects-profits-improve-material-costs-ease%0A%0A%0A%0A>



*Whirlpool sees improving profitability as materials costs ease* [ [link removed] ]



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Community Development



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Center on Rural Innovation | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=The%20Rural%20Edge:%20Marquette,%20Michigan%20-%20Center%20on%20Rural%20Innovation&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://ruralinnovation.us/resources/storytelling/the-rural-edge-marquette-michigan/%0A%0A%0A%0A>



*The Rural Edge: Marquette, Michigan - Center on Rural Innovation* [ [link removed] ]

A video case study of the exciting work happening to build a thriving tech economy ecosystem in Marquette, Michigan



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Crain's Detroit Business | January 31, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=New%20Joe%20Louis%20Greenway%20partnership%20seeks%20to%20raise%20$350%20million&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.crainsdetroit.com/nonprofits-philanthropy/joe-louis-greenway-partnership-raise-funds%0A%0A%0A%0A>



*New Joe Louis Greenway partnership seeks to raise $350 million* [ [link removed] ]



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Crain's Detroit Business | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Deal%20reached%20for%20Huntington%20Place%20renovations,%20new%20hotel&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.crainsdetroit.com/real-estate/huntington-place-renovations-new-hotel-deal-reached%0A%0A%0A%0A>



*Deal reached for Huntington Place renovations, new hotel* [ [link removed] ]



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The Detroit News | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Board%20to%20vote%20on%20tax%20incentives%20for%20$1.5B%20District%20Detroit%20buildout&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.detroitnews.com/story/business/2023/01/31/details-emerge-on-10-planned-developments-of-district-detroit/69858541007/%0A%0A%0A%0A>



*Board to vote on tax incentives for $1.5B District Detroit buildout* [ [link removed] ]



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Concentrate | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=New%20grocery%20stores,%20farmers%20market,%20community%20garden%20address%20food%20access%20in%20Ypsi%20Township&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.secondwavemedia.com/concentrate/features/foodaccesstwp0667.aspx%0A%0A%0A%0A>



*New grocery stores, farmers market, community garden address food access in Ypsi Township* [ [link removed] ]

Businesses and nonprofits are finding creative ways to improve food access in Ypsilanti Township.



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Mobility & Automotive



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TechCrunch | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Battery%20darling%20Our%20Next%20Energy%20lands%20massive%20$300M%20Series%20B%20to%20build%20gigafactory&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://techcrunch.com/2023/02/01/battery-darling-our-next-energy-lands-massive-300m-series-b-to-build-gigafactory/%0A%0A%0A%0A>



*Battery darling Our Next Energy lands massive $300M Series B to build gigafactory* [ [link removed] ]



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Crain's Detroit Business | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Auto%20supplier%20Gentex%20to%20open%20production%20facility%20in%20Grand%20Rapids%20neighborhood&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.crainsdetroit.com/manufacturing/gentex-open-production-facility-grand-rapids%0A%0A%0A%0A>



*Auto supplier Gentex to open production facility in Grand Rapids neighborhood* [ [link removed] ]



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DBusiness | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=GM%20Invests%20$650M%20in%20Canadian%20Firm%20to%20Develop%20Lithium%20in%20U.S.&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.dbusiness.com/daily-news/gm-invests-650m-in-canadian-firm-to-develop-lithium-in-u-s/%0A%0A%0A%0A>



*GM Invests $650M in Canadian Firm to Develop Lithium in U.S.* [ [link removed] ]



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DBusiness | January 31, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=GM%20Reports%20Nearly%20$10B%20in%20Income%20in%202022,%20$1.7B%20in%20Q4&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.dbusiness.com/daily-news/gm-reports-nearly-10b-in-income-in-2022-1-7b-in-q4/%0A%0A%0A%0A>



*GM Reports Nearly $10B in Income in 2022, $1.7B in Q4* [ [link removed] ]



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Talent



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Manistee News Advocate | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=New%20Northwestern%20Michigan%20College%20degree%20readies%20students%20for%20water%20technology%20jobs&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.manisteenews.com/news/article/michigan-college-degree-readies-students-water-17753963.php%0A%0A%0A%0A>



*New Northwestern Michigan College degree readies students for water technology jobs* [ [link removed] ]



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Entrepreneurship



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DBusiness | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=U-M%20Startup%20Joins%20White%20House%20Partnership%20for%20Lead%20Service%20Pipe%20Removal%20Project&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.dbusiness.com/daily-news/u-m-startup-joins-white-house-partnership-for-lead-service-pipe-removal-project/%0A%0A%0A%0A>



*U-M Startup Joins White House Partnership for Lead Service Pipe Removal Project* [ [link removed] ]



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Crain's Detroit Business | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Motor%20City%20Match%20awards%20$1.3%20million%20to%2032%20small%20businesses&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.crainsdetroit.com/small-business/motor-city-match-awards-13-million-32-small-businesses%0A%0A%0A%0A>



*Motor City Match awards $1.3 million to 32 small businesses* [ [link removed] ]



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Detroit Free Press | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=TechTown%20Detroit%20names%20new%20board%20members%20and%20gives%20them%20a%20big%20task&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.freep.com/story/money/business/michigan/2023/01/27/techtown-detroit-names-new-board-members-and-gives-them-a-big-task/69844145007/%0A%0A%0A%0A>



*TechTown Detroit names new board members and gives them a big task* [ [link removed] ]



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Travel



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tcbusinessnews.com | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Michigan%E2%80%99s%20Tourism%20Industry%20on%20the%20Road%20to%20Recovery&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.tcbusinessnews.com/michigans-tourism-industry-on-the-road-to-recovery/%0A%0A%0A%0A>



*Michigan?s Tourism Industry on the Road to Recovery* [ [link removed] ]



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Second Wave media | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Sault%20Ste.%20Marie%20looks%20beyond%20winter%20for%20snowmobile%20raceway&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.secondwavemedia.com/upword/features/saultracetrack.aspx%0A%0A%0A%0A>



*Sault Ste. Marie looks beyond winter for snowmobile raceway* [ [link removed] ]



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MLive.com | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Small%20Michigan%20coastal%20town%20ranked%20among%20the%2020%20most%20beautiful%20in%20the%20U.S.&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.mlive.com/life/2023/01/small-michigan-coastal-town-ranked-among-the-20-most-beautiful-in-the-us.html%0A%0A%0A%0A>



*Small Michigan coastal town ranked among the 20 most beautiful in the U.S.* [ [link removed] ]



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Arts & Lifestyle



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Crain's Detroit Business | January 31, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=5%20young%20Detroit%20designers%20headed%20to%20New%20York%20for%20Fashion%20Week%20runway%20show&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.crainsdetroit.com/nonprofits-philanthropy/boys-girls-club-youth-show-designs-fashion-week%0A%0A%0A%0A>



*5 young Detroit designers headed to New York for Fashion Week runway show* [ [link removed] ]



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The Traverse City Record-Eagle | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=TC%20a%20finalist%20in%20USA%20Today%20contests&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.record-eagle.com/news/business/tc-a-finalist-in-usa-today-contests/article_1ba66150-9e59-11ed-8c50-8f8ba9295645.html%0A%0A%0A%0A>



*TC a finalist in USA Today contests* [ [link removed] ]



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MLive.com | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=5%20fun%20things%20to%20do%20in%20Grand%20Rapids%20this%20weekend%20(Feb.%203-5)&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.mlive.com/news/grand-rapids/2023/02/5-fun-things-to-do-in-grand-rapids-this-weekend-feb-3-5.html%0A%0A%0A%0A>



*5 fun things to do in Grand Rapids this weekend (Feb. 3-5)* [ [link removed] ]



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The Traverse City Record-Eagle | February 1, 2023



SHARE: [ [link removed] ]? [ [link removed] ] ? [ [link removed] ] ? <?Subject=Right%20Brain%20celebrating%2015th%20year&Body=Hi,%0AYou%20can%20view%20the%20article%20by%20clicking%20the%20link%20below:%0A%0Ahttps://www.record-eagle.com/news/business/right-brain-celebrating-15th-year/article_12cb41c8-9b42-11ed-b9d3-ffb58198ffc0.html%0A%0A%0A%0A>



*Right Brain celebrating 15th year* [ [link removed] ]



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