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Regional Business

Gov. Whitmer Announces 195 New Jobs in Dundee at Automotive Electronics Manufacturer EOI Pioneer

Michigan Business Network
December 3, 2021 5:00 PM

  • $14 million investment to establish facility, new manufacturing operations to allow the company to grow its global automotive business 
  • Project is company’s first North American automotive operations; underscores Michigan’s leadership in automotive manufacturing 
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PMBC | Last Chance to Register for the Manu-Tech Pitch Event

Michigan Business Network
December 3, 2021 4:00 PM

Manu-Tech Pitch Day 2021

December 8, 2021

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Governor Whitmer Celebrates $54.5 Million Grant to Help Michiganders Keep the Heat On, Pay Bills This Winter

Michigan Business Network
December 3, 2021 2:00 PM

Governor encourages Michiganders who need help with heating or electric bills to call 211 or go to mi211.org to get the resources and support they need to stay safe and warm   

LANSING, Mich.  Thursday, Governor Gretchen Whitmer announced that nine local community service agencies across Michigan received a combined $54.5 million in Michigan Energy Assistance Program (MEAP) grants to help families pay for heat and energy as the winter approaches. Last year, the program helped over 52,000 households. 

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PNC Chief Economist Gus Faucher: Ignore Weak Headline Job Growth, Details Are Much Better,

Michigan Business Network
December 3, 2021 1:00 PM

With Big Increases in Household Employment and Labor Force Participation
  • The U.S. economy added 210,000 jobs in November, below expectations.
  • However, there have been large upward revisions to job growth recently, and there was a large increase in employment in a separate survey of households. This suggests that job growth in November was understated.
  • The unemployment rate fell to 4.2% in November from 4.6% in October.
  • At the same time there was a large increase in the labor force, encouraging for future job growth.
  • Although the headline number was weak, the details of the November jobs report were much better.
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MEDC | Michigan Business Report Early-December 2021

Michigan Business Network
December 3, 2021 9:00 AM

Export Intern Training and Reimbursement Program Accepting Applications for Summer 2022 Internships

MEDC’s International Trade and Development Internship program supports exporters with university student recruitment, training and wage reimbursement so companies can better focus on export expansion. Companies statewide dedicated to increasing export sales are invited to apply to the program, which provides 50 percent reimbursement of student wages, up to $3,600. The program features a coinciding training component to bolster internship outcomes for both companies and students. Application deadline has been extended to December 10

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Gov. Whitmer and Michigan Natural Resources Trust Fund Board Support $45.6 Million for Outdoor Recreation in Michigan

Michigan Business Network
December 3, 2021 8:00 AM

LANSING, Mich. - Governor Gretchen Whitmer and the Michigan Natural Resources Trust Fund Board recommended Wednesday to the Michigan Legislature that 117 recreation development projects and land acquisitions totaling $45,592,200 be funded in 2022. The board this year considered a total of 136 applications seeking over $59.1 million in funding. In a competitive process, all eligible applications were evaluated based on scoring criteria approved by the Trust Fund board.

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Stabenow, Peters Urge Congressional Leadership to Address Semiconductor Chip Crisis

Michigan Business Network
December 2, 2021 6:00 PM

Authors of Automotive Semiconductor Manufacturing Provisions Urge Leaders to Take Action

WASHINGTON, D.C.—U.S. Senators Debbie Stabenow (MI) and Gary Peters (MI) today urged Congressional leadership to include investments on semiconductor manufacturing in a bipartisan bill moving through Congress.

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PNC Senior Economist Bill Adams: The Labor Market Continues to Tighten;

Michigan Business Network
December 2, 2021 1:00 PM

Fed's December 15 decision on taper pace is finely balanced
  • The labor market continues to tighten.
  • Initial claims are running just above their level in 2019 and early 2020, before the pandemic struck.
  • The FOMC’s decision about whether to accelerate tapering at the December 14-15 meeting is finely balanced
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Gov. Whitmer Announces 40 High-Wage Jobs as Global Auto Supplier TÜV SÜD America Establishes State-of-the-Art EV Battery Testing Facility in Auburn Hills

Michigan Business Network
December 2, 2021 12:00 PM

$44.1 million investment will establish new facility that includes all aspects of EV battery testing, create high-wage jobs, and build on Michigan's leadership in mobility and electrification sector   

LANSING, Mich. –Governor Gretchen Whitmer joined the Michigan Economic Development Corporation (MEDC) today to announce that TÜV SÜD America, a provider of testing and safety solutions to industries including automotive, mobility, and manufacturing, is establishing a new state-of-the-art electric vehicle battery testing facility in Auburn Hills with support from the Michigan Strategic Fund, which is expected to create 40 high-wage jobs.

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New Statewide Coalition Announces Work on Cohesive Strategy to Help Michigan Win and Create Jobs

Michigan Business Network
December 2, 2021 11:00 AM

LANSING, Mich. - A new coalition of job creators, economic development professionals, and industry leaders from across the state have joined forces to help Michigan regain a competitive edge in the race for new jobs and investment. 

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