A 35-year-old Iowa company that makes environmentally friendly insecticides for the animal and food industries has been acquired by Lansing’s Neogen Corp.
Neogen Corp. makes products that test for contamination and other biotech information in food and livestock. A year ago, amid outbreaks of food contamination, the company reported record profits. This year, for the second quarter of its fiscal year, which ended Nov. 30, the company reported lower net income despite higher sales due to what a top executive called a year of “clean crops.” Acquisition expenses also played a part.
An Indian tribe from the Upper Peninsula can finally move ahead with plans to build a $245 million casino in downtown Lansing.
Sometimes, Michigan and Ohio can work together. Monday, they announced a deal to work together to build a more energy-efficient economy.
You might not think of an event called the Great Lakes Crop Summit would be much for technology. But with robots, drones and climate change on the agenda, there’s a lot more than you’d think.
The Michigan Economic Development Corp. announced approval of Michigan Business Development and Community Revitalization program incentives to four companies planning expansions in the state. The projects are expected to generate up to $35.4 million in investments and add 285 new jobs in Michigan.
The latest Michigan Future Business Index survey from Accident Fund insurance shows that owners of small and mid-sized businesses believe the Michigan economy has turned the corner and is moving in the right direction.
Six entrepreneurs will have the opportunity to compete for a $10,000 prize while standing amongst priceless works of art at this year’s The Hatching finals, which will take place as part of the “Launched: Celebration of Entrepreneurship” event this Thursday, Dec. 12 at the Eli and Edythe Broad Art Museum.
New data released Wednesday by Connect Michigan today shows that home-based businesses are more likely than other businesses in the state to use the Internet to buy products and services, research how to make their businesses more efficient, and interact with government offices.
Michigan’s 15 public universities are responsible for more than 120,000 Michigan jobs and $23.9 billion in total economic activity, according to an economic study comissioned by the Presidents Council of the State Universities of Michigan.