Michigan Economic Development Corporation - The Upper Hand BLOG

Michigan Economic Development Corporation - The Upper Hand BLOG

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Economic Growth

LG Chem Will Build First N. American Battery Plant in Holland

March 12, 2010 Advanced Energy Storage

LG Chem announced this week that it will build its first North American lithium ion battery plant in Holland. The $303 million facility will generate hundreds of jobs and, along with Johnson Controls’ Holland-area battery plant, make northwest Michigan the epicenter of the Western Hemisphere’s lithium ion battery production, an emerging market that is expected [...]

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Michigan Ranks No. 3 State for Major New Corporate Expansions

March 5, 2010 The Main Message

Yesterday, Gov. Granholm announced that Site Selection magazine has named Michigan the No. 3 state in the nation for major new corporate facilities and expansions in 2009. This is the second year in a row that Michigan has finished in the top three.
Major new corporate projects for Michigan in 2009 included: advanced energy storage and [...]

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Great Time to Grow Your Business in Michigan

March 1, 2010 Advanced Energy Storage

 
From solar shingles and advanced batteries to boats and scrap-tire recycling, Michigan is putting in place a diversified economy where firms across a wide spectrum of industries find success and grow new jobs. With assistance from the Michigan Economic Development Corporation,  10 companies announced yesterday that they are choosing to grow in Michigan and another [...]

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Dow Projects Will Energize Michigan

February 26, 2010 Advanced Energy Storage

 
A few weeks ago, I shared the news that Midland had been selected as the site to manufacture Dow Chemical’s revolutionary new PowerHouse solar shingles.  This week, Dow announced it will partner with the Oak Ridge National Laboratory on a new Center of Energy Excellence to produce carbon fibers for use in the wind-energy sector.  [...]

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Moving in the Right Direction: Over 5,000 New Jobs Planned for Michigan

January 19, 2010 Advanced Energy Storage

We are fighting hard to bring new investment and new jobs to our state and keep jobs here. Today, our efforts have resulted in eight job-creating projects generating 5,210 new jobs, retaining another 415 and bringing approximately $77 million in new investment to communities across the state.
The projects span the state and include alternative energy, [...]

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Calling All Women Entrepreneurs

January 18, 2010 Entrepreneurship

The National Association of Women Business Owners (NAWBO) in the Greater Detroit area, works to strengthen the wealth creating capacity of their members and promote economic development; create innovative and effective changes in the business culture; build strategic alliances, coalitions and affiliations; and transform public policy and influence opinion makers.  NAWBO has an active year [...]

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Small Business Start Up Companies Come to TechTown in Detroit

December 17, 2009 Entrepreneurship

Detroit’s TechTown was recently featured in a CBS report with Jim Axelrod about the innovative tech development to jump-start Detroit’s economy.  Axelrod meets with business owners and TechTown tenants from Asterand and Walker-Miller Energy Services.
High tech companies that would be typical in Silicon Valley are coming to TechTown in the city of Detroit to start [...]

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The Volt will provide a positive jolt to Michigan’s economy

December 7, 2009 Advanced Energy Storage

 
Michigan got a big dose of good news when General Motors Co. announced today it will invest $336 million upgrading its Detroit-Hamtramck assembly plant for production of the Chevrolet Volt extended-range electric car. The investment, which was announced during an event at the plant with Gov. Jennifer Granholm, boosts GM’s total investment in the Volt project [...]

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Growthology

December 4, 2009 Entrepreneurship

Robert Litan, vice president of Research and Policy at the Kauffman Foundation, Tim Kane, a Senior Fellow in Research and Policy at the Kauffman Foundation, and Dane Stangler, who has worked for more than four years as a Senior Analyst in the Office of the President of the Kauffman Foundation have launched their very own entrepreneurship-focused [...]

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Job-creation announcement points to genuine resurgence in the auto industry

November 19, 2009 Resources

We’re beginning to see a genuine resurgence in the auto industry. There are solid investments being made because companies believe there’s an opportunity to serve a market that has been struggling. These factors, in combination with innovative state and local economic development tools, help ensure the auto industry’s growth well into the future. For example, [...]

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