This Just In: Consumers Energy achieves promise to increase spending in Michigan by $1 billion

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Consumers Energy achieves promise to increase spending in Michigan by $1 billion; suppliers add more than 5,000 jobs

Consumers Energy has achieved its promise to increase its spending with other Michigan businesses by $1 billion over the past four years.

The energy provider’s announcement came on April 16 at the Pure Michigan Business Connect-Consumers Energy Pay it Forward Summit in downtown Grand Rapids. Muskegon-based Newkirk Electric received the contract that took Consumers Energy over the $1 billion mark.

“We’ve kept our promise to Michigan by increasing our ‘home state’ spending with other businesses by $1 billion over the past four years, one year ahead of plan,” said Dan Malone, Consumers Energy’s senior vice president of energy resources.

Nearly 400 companies throughout Michigan have benefited from contracts awarded by Consumers Energy through Pure Michigan Business Connect. As part of its “Pay it Forward” program the company encourages its Michigan-based suppliers to utilize sub-contractors and suppliers based in the state to help stimulate further job gains and economic growth in the state of Michigan.

“When Michigan was recovering from the recession, Consumers Energy stood up and made a difference. We applaud this remarkable achievement. More people are working in our state today because of Pure Michigan Business Connect and supporters like Consumers Energy and major suppliers,” said Michigan Economic Development Corporation Chief Executive Officer Steve Arwood.

Seven companies were recognized at the summit for doing work with Consumers Energy while “paying it forward” by hiring Michigan subcontractors: Newkirk Electric (Muskegon); Northern Boiler (Muskegon); Pumford Construction (Saginaw); Monarch Welding (Bay City); Barton Malow Company (Southfield); Ideal Contracting LLC (Detroit); and CSM Group Inc. (Kalamazoo).

Consumers Summit

Tom Anton (third from left) of Newkirk Electric holds his "Pay it Forward" recognition plaque at the Pure Michigan Business Connect-Consumers Energy Pay it Forward Summit. Also pictured from left to right are State Representative Holly Hughes (R-Muskegon); Dan Malone, Consumers Energy Senior Vice President of Energy Resources; and State Senator Goeff Hansen (R-Muskegon).

 

Launched in 2011, Pure Michigan Business Connect is a public-private alliance of the MEDC, state agencies and major Michigan companies and organizations that connects in-state companies to business resources. Companies can find new ways to raise capital, get access to professional business services at little or no cost, connect with each other through a new business-to-business network, and identify potential supplier opportunities, while developing resources to improve their supply chains. Consumers Energy was one of the original participants in the initiative.

To read an MLive story on the announcement, visit here. For the Consumers Energy press release, visit here. To learn more about the Pure Michigan Business Connect program, visit here.

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