michigan - Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions

A tidal wave of venture capital is fueling a boom in startups around the world. Locations are racing to establish thriving startup ecosystems that make them magnets for unicorns.


https://businessfacilities.com/2021/10/startup-ecosystems-are-everywhere/
A tidal wave of venture capital is fueling a boom in startups around the world. Locations are racing to establish thriving startup ecosystems that make them magnets for unicorns.

michigan

Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. michigan articles below.


Startup Ecosystems Are Everywhere

A tidal wave of venture capital is fueling a boom in startups around the world. Locations are racing to establish thriving startup ecosystems that make them magnets for unicorns.

Sartorius To Expand Business Operations With Michigan Plant

Sartorius' planned 130,000-square-foot plant in Ann Arbor, MI, will create 160 jobs by 2023.

Ford Makes Massive Electric Vehicle Investment In Tennessee, Kentucky

Ford and SK Innovation will invest $11.4B and create 11,000 jobs in TN and KY to produce electric vehicles and advanced lithium-ion batteries. Plus, $90M will go to Texas for training.

SK Siltron Investing $302M In Michigan Semiconductor Wafer Plant

In support of electric vehicle growth, the semiconductor wafer manufacturing and R&D facility will bring 150 jobs to Monitor Township, MI.

Corporate Headquarters: Base Camps For Business

The migration of workers is not occurring in a vacuum. Available workforce is often the most important factor when companies make decisions about relocations—and where to put their corporate HQ.

Pace Industries Relocates HQ To Michigan

Die casting manufacturer Pace Industries will invest nearly $2 million to move its headquarters from Arkansas to Novi, MI, creating more than 60 high-wage jobs.

Consumers Energy To End Coal Use By 2025

Consumers Energy will be among first in nation to go coal-free and will lead Michigan's clean energy transformation.

Manufacturing: The Jobs Multiplier

A lack of ready or willing manufacturing job candidates could cost the U.S. economy up to $1 trillion unless the industry takes proactive steps.

Talent Attraction: Millennial Magnets

Millennials will soon make up 75 percent of the U.S. workforce—and locations that offer the right balance of living, working and playing are the frontrunners to acquire their skills.

GM Investing $40M At Pontiac, MI Stamping Plant

General Motors will renovate its existing Pontiac, MI facility and install new flexible fabrication technology to support future electric vehicle production.

Michigan Governor’s Report: Standing Tall At The Crossroads Of Calamity

When a foreign pandemic invaded Michigan a year ago—and a virulent domestic pathogen threatened to topple the state government—Governor Gretchen Whitmer stood her ground.

Projects Bring 279 jobs, $27.2M In Investments To Ann Arbor Region

With their expansions in Ann Arbor, MI, healthcare tech company Workit Health will create at least 179 jobs and software provider Nexient will add 100 jobs.

Shovel-Ready Sites: Certified And Ready To Go

Precertified sites—A.K.A. shovel-ready sites—speed up the development cycle for projects by cutting the red tape and lining up key approvals in advance of the site selection process.

Logistics: Building A Resilient Supply Chain

Priorities are shifting as businesses adapt to the impact of the pandemic on global supply chains. Resiliency and stability are now top concerns.

California Tops 2020 State Energy Efficiency Scorecard

Massachusetts, Vermont, Rhode Island, New York round out top 5 states for energy efficiency, Nevada is most improved in annual ACEEE report. 

Advanced Manufacturing: Manufacturing Muscle Joins The Fight

In locations throughout the nation, advanced manufacturing facilities and resources are being enlisted in the fight against COVID-19.

GM’s Detroit-Hamtramck Plant Named Flagship Facility For EV Production

General Motors will invest $2.2 billion to transform its Detroit-Hamtramck Assembly Center into an all-electric vehicle assembly plant, dubbed Factory ZERO.

COVID-19 Response And Recovery Update

Economic development organizations and local businesses keep finding inspiring and innovative ways to join forces to meet the most urgent needs of this unprecedented crisis.

Gerber Products Investing $36M In Michigan Expansion

The baby food maker will expand its Fremont, MI manufacturing facility, creating 50 new jobs in the process. 

Consumers Energy: Energy And Beyond

As Michigan’s businesses implement their return-to-work plans, Consumers Energy reaffirms its commitment to help small businesses, nonprofits and communities expand and prosper.

Consumers Energy CEO Helps Small Business Cope With COVID-19

Consumers Energy President and CEO Patti Poppe and her husband are donating $1 million to help small businesses in her company’s hometown of Jackson, MI.

Michigan Teams Up To Help Small Businesses Impacted By COVID-19

Entrepreneurial support organizations and the Michigan Economic Development Corporation have joined forces to help small businesses overcome loss from the COVID-19 virus.

Business Facilities & COVID-19

Moderna Will Invest $500M To Build mRNA Capabilities In Africa

Moderna will build a state-of-the-art mRNA facility in Africa with the goal of producing up to 500 million doses of vaccines each year at the 50 µg dose level.

Snapshots: 60 Seconds with Jeff Finkle, IEDC

Finkle, CEcD, President and CEO, IEDC, discusses the impact of COVID-19 and remote work on real estate and economic development, and more.

Stay Connected

636FansLike
40,000FollowersFollow
3,221FollowersFollow
50SubscribersSubscribe

Business Facilities Featured Location Spotlight

Location Spotlight: Spotsylvania County, Virginia

Spotsylvania, Virginia is a highly sought after location for businesses due it's strategic location in the mid-atlantic region. With Interstate 95 carrying thousands of people through the county everyday, Spotsylvania has quickly become a hub of economic activity.

Business Facilities Featured Location Videos

Camp Hall – A Next Generation Commerce Park in South Carolina

Camp Hall is a first-of-its-kind, master-planned industrial work space located in Charleston, S.C. As a convergence of people, place and programming, Camp Hall delivers thoughtful infrastructure and logistical features that empower people — and business — to thrive.