MEDC Daily: Tier 1 auto supplier expansion, community revitalization efforts position Michigan for future prosperity

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Featured News

 

Tier 1 auto supplier expansion, community revitalization efforts position Michigan for future prosperity
 (Michigan Economic Development Corporation) 28/07-2020

The Michigan Strategic Fund today approved a business expansion by a Tier 1 auto supplier and two community revitalization projects, actions that signal continued economic recovery in Michigan, the Michigan Economic Development Corporation announced today. The MSF Board also approved amendments to

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SPECIAL: COVID-19 NEWS & RESOURCES

 

Detroit Company Partners to Bring COVID-19 Tracing and Prevention to Workforce
 (DBusiness) 28/07-2020

Detroit’s Guardhat is joining the Eurofins SAFER@WORKTM program; a collection of testing, tracing, and analysis tools developed to increase workplace safety amid the COVID-19 pandemic. // File image A Detroit-based company today announced its participation in a collaboration to enhance workplace

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SBAM Recommends Small Business Policy Changes in Light of COVID-19
 (DBusiness) 28/07-2020

SBAM has come up with policy recommendations that it says would support small businesses as they reopen amidst the COVID-19 pandemic. // Stock photo Lansing’s Small Business Association of Michigan has presented policy change recommendations to state and federal officials stemming from a COVID-19

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What's in Senate Republicans' $1 trillion pandemic relief plan
 (Crain's Detroit Business) 28/07-2020

U.S. Senate Republican leaders on Monday unveiled a draft plan to provide $1 trillion in coronavirus relief funding ahead of talks with Democrats. A package of separate bills, it gives Congress the option of passing parts of the agenda -- such as extensions of unemployment insurance or schools

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Michigan drivers refunded $95 million in premiums due to virus
 (Crain's Detroit Business) 28/07-2020

LANSING — Michigan motorists are being refunded nearly $95 million in car insurance premiums due to a drop in driving and crash claims during the coronavirus pandemic, regulators said Monday. The amount paid back varies by insurer. It typically was 15 percent to 20 percent for April, May and June,

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Detroit Street Filling Station’s bake sale will raise money for coronavirus testing
 (MLive.com) 28/07-2020

ANN ARBOR, MI — Detroit Street Filling Station in Ann Arbor will be holding a bake sale Thursday to raise funds for local coronavirus testing efforts. According to a press release from the restaurant, the idea for the bake sale came about after workers at Detroit Street Filling Station faced

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MEDC In the News

 

MSF approves $2 million grant for Bridgewater Interiors to boost capacity in Detroit, Lansing plants
 (Crain's Detroit Business) 28/07-2020

Bridgewater Interiors to expand Lansing plant, add capacity in Detroit Automotive seat supplier plans $16 million capital investment

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CARES Act funding available for small businesses
 (Herald Review) 28/07-2020

CARES Act funding available for small businesses Applications accepted through Aug. 5 Submitted to Herald Review Published 1:18 am EDT, Tuesday, July 28, 2020 OSCEOLA, LAKE -- Applications are being accepted from July 15 through Aug. 5 for the Michigan Small Business Restart Grant through the Michigan Economic Development Corporation.

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It’s a go for new sculpture at Muskegon Lake Michigan beach
 (MLive.com) 28/07-2020

MUSKEGON, MI – An abstract sculpture that lights up at night is coming to the roundabout at Muskegon’s Pere Marquette beach after a successful fundraising campaign. The Patronicity fundraiser launched by the city of Muskegon exceeded by $600 its goal of $50,000 over the weekend with 16 days still

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Business Development

 

Midwest Logistics Spinoff to Become Independent, Move Headquarters to Metro Detroit
 (DBusiness) 28/07-2020

Ascent Global Logistics, a spinoff of Roadrunner Transportation Systems, will become its own company in August. // Photo courtesy of Ascent Global Logistics Roadrunner Transportation Systems Inc. in Illinois has announced it will spin-off Ascent Global Logistics to provide a stock dividend to its

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Traverse City Space Firm Lands NASA Contract
 (DBusiness) 28/07-2020

Atlas Space Operations in Traverse City has received a Small Business Innovation Research Phase II contract from NASA to improve satellite ground station contact schedules. // Photo courtesy of Atlas Space Operations A space communications company in Traverse City today announced it has been

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Rocket Cos. Inc. in Detroit Advances IPO, 150M Shares of Class A Common Stock Offered
 (DBusiness) 28/07-2020

Rocket Cos. is offering 150 million shares of its Class A common stock to the public. // File photo Rocket Cos. Inc. in Detroit today announced it has filed a registration statement on Form S-1 with the SEC to offer 150 million shares of its Class A common stock to the public. The initial public

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STEWART Industries launches medical device division
 (Grand Rapids Business Journal) 28/07-2020

A company that specializes in assembly and inspection for manufacturers is launching a medical division that will make personal protective equipment (PPE). Battle Creek-based STEWART Industries said last week that it is launching STEWART Medical, a division that will design and manufacture medical

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Mobility & Automotive

 

Ford is Piloting Robotic Dogs to Reduce Costs and Improve Plant Retooling
 (DBusiness) 28/07-2020

Ford’s new dog-like robots are helping to retool future manufacturing floors. // Photo courtesy of Ford Motor Co. Ford Motor Co. in Dearborn is piloting a pair of four-legged, dog-like robots named Fluffy and Spot at its Van Dyke Transmission Plant in Sterling Heights to aid in the retooling of

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Talent

 

Organizations Receive Grant to Improve Community College, University Transfer
 (DBusiness) 28/07-2020

Two organizations have earned a grant to improve the transfer process between community colleges and universities. Pictured is Oakland Community College’s Orchard Ridge Campus. // Photo courtesy of Oakland Community College Two Michigan organizations have earned a grant designed to help improve the

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Economic Trends

 

Manufacturing, the backbone of an American recovery
 (Record-Eagle) 28/07-2020

Editor's note: This article was published in the Record-Eagle's Rise special publication. For more stories from northern Michigan's economic engine click here to read Rise in its entirety online.

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Citizens Bank report indicates slight growth in state's economy
 (Crain's Detroit Business) 28/07-2020

General business conditions in Michigan and the broader U.S. at the end of the second quarter remained in positive territory, according to the Q2 Citizen's Business Conditions Index from Providence, R.I.-based Citizens Financial Group Inc. In Michigan the index stood at 52.5 and around the country

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Travel

 

Cotton buys Mackinac Island hotel
 (Crain's Detroit Business) 28/07-2020

Jon Cotton, the former owner and COO of Meridian Health of Detroit, is now in the hotel business. Cotton bought the Hotel Iroquois, a family-owned operation on Mackinac Island, on Friday for an undisclosed price from the McIntire family, who have owned and operated the boutique hotel since 1954.

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Camping sites near Lake Michigan reopen at state park
 (MLive) 28/07-2020

Camping sites near Lake Michigan reopen at state park Updated 2:03 PM; Today 2:03 PM East Lakeshore Campground at Wilderness State Park. East Lakeshore Campground at Wilderness State Park.Lori Chapman | MLive.com 0 shares By Bob Johnson | Bob_Johnson@mlive.com EMMET COUNTY, MI — The planned

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Arts & Lifestyle

 

Northern Michigan specialists break down how to properly recycle
 (Up North Live) 28/07-2020

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Local Eats: Michigan restaurants to try this July
 (MLive.com) 28/07-2020

We’re in the middle of a gorgeous Michigan summer, and that means that local fruits and vegetables are popping across the state. Our local restaurants are starting to feature delicious seasonal dishes, like tomato salads, grilled zucchini, and peach pie. Enjoy the bounty of our Michigan summer at

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Guest commentary — Giving golf a second shot
 (Petoskey News-Review) 28/07-2020

Being born and raised in Gaylord, there are certain rites of passage you’re expected to experience over the years — two-tracking in The Pigeon, fishing from a rowboat on Dixon Lake and sitting down to a big bowl of venison stew come to mind. Maybe after an outdoorsy afternoon, you would wander

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Toast Michigan Beer Month with delicious local brews
 (MLive.com) 28/07-2020

The Great Michigan Beer Toast happened virtually on July 23, when we spent an hour online celebrating all things Michigan beer, with a host of guests from all over the state. July is officially Michigan Beer Month, and with the current situation, we felt it was more important than ever to support

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