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The Right Place Assists Tesa Tape with Grand Rapids Expansion

Michigan Business Network
April 12, 2024 7:00 AM

Adhesive manufacturer adding 60 jobs to Grand Rapids region

(GRAND RAPIDS, MI.) -  Today, The Right Place, Inc., in collaboration with the Michigan Economic Development Corporation (MEDC), announced that tesa tape has relocated its headquarters from Charlotte, North Carolina to Grand Rapids.

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Treasury: MI Money Matters Provides Michiganders with a Virtual Tutor for Financial Empowerment

Michigan Business Network
April 11, 2024 3:15 PM

April is Michigan’s Financial Literacy Month

LANSING, Mich. – As a part of Michigan’s Financial Literacy Month, Lt. Governor Garlin Gilchrist II today announced the launch of “MI Money Matters,” a free financial empowerment platform for all state residents and beyond.

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The Right Place Assists Tesa Tape with Grand Rapids Expansion

Michigan Business Network
April 11, 2024 3:00 PM

Adhesive manufacturer adding 60 jobs to Grand Rapids region

(GRAND RAPIDS, MI.) -  Today, The Right Place, Inc., in collaboration with the Michigan Economic Development Corporation (MEDC), announced that tesa tape has relocated its headquarters from Charlotte, North Carolina to Grand Rapids.

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PNC Senior Economist Kurt Rankin: PPI Inflation Cooled to +0.2% in March 2024

Michigan Business Network
April 11, 2024 1:00 PM

(Seasonally Adjusted); Core PPI Also Up 0.2%

  • Topline PPI gained 0.2% on a seasonally adjusted basis in March 2024.
  • Core PPI, less Food & Energy, eased to a +0.2% gain for March 2024.
  • Services PPI remained the primary driver of supply-side price pressure in the U.S. economy, up by 0.3% for March 2024.
  • Producers’ Energy prices fell by 1.6% in March 2024 versus the month prior
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Treasury: Fostering Futures Scholarship Trust Fund To Host Fundraising Dinner In Kalamazoo

Michigan Business Network
April 10, 2024 4:45 PM

Funds Raised Help Individuals Who Experienced Foster Care Pay for College Education Expenses

LANSING, Mich. – The Fostering Futures Scholarship Trust Fund, which for more than a decade has helped youth who have experienced foster care achieve their dreams of a college education, will host a fundraising dinner at the Radisson Plaza Hotel in Kalamazoo from 5:30-9:30 p.m. on Friday, April 19.

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PNC Senior Economist Kurt Rankin; CPI Inflation at 3.5% in March 2024,

Michigan Business Network
April 10, 2024 1:00 PM

Strongest Pace since September 

  • Topline CPI grew at a 0.4% pace in March 2024 versus the month prior in seasonally-adjusted terms.
  • Core CPI, less Food & Energy, also posted a 0.4% monthly gain in March 2024 – it’s 3rd consecutive 0.4% monthly reading.
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Michigan Distinguished Professors of the Year Announced

Michigan Business Network
April 10, 2024 8:30 AM

Lansing, MI – Three professors from among Michigan's 15 public universities who are leaders in their field and passionately dedicated to student success have been selected as Distinguished Professor of the Year Award recipients.

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AEG | Economic Impact of 2024 Detroit NFL Draft to Exceed $160 Million

Michigan Business Network
April 10, 2024 8:15 AM

EAST LANSING, Mich. – The net economic impact of the 2024 NFL draft in downtown Detroit is expected to exceed $160 million, according to new analysis from economic consulting firm Anderson Economic Group, LLC.

AEG found that the draft will have a direct economic impact of $97,513,500 on Detroit, with an estimated $35,113,500 in total expenditures of attendees, after accounting for substitution. 

To complete this analysis, AEG followed a methodology that considers both direct investment and spending that will generate economic impact, and indirect economic activity.

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Peters Introduces Legislation to Crack Down on Fraud,

Michigan Business Network
April 10, 2024 7:00 AM

Recover Stolen Pandemic Funds, and Protect Taxpayer Dollars 

WASHINGTON, D.C. – U.S. Senator Gary Peters (MI), Chairman of the Homeland Security and Governmental Affairs Committee, introduced legislation to address historic levels of fraud within federal funds that were passed to help Americans through the COVID-19 pandemic.

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Treasury: State Treasurer Announces Grants for Distressed Municipalities

Michigan Business Network
April 9, 2024 3:00 PM

$2.8 Million Awarded for Infrastructure and Public Safety Projects

LANSING, Mich. – State Treasurer Rachael Eubanks today announced a total of $2.8 million is being awarded to 13 municipalities through the Financially Distressed Cities, Villages and Townships (FDCVT) Grant Program.

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