Michigan Economic Development Corp.
MEDC says the money will bring fresh food offerings and boost area development…
There will soon be another $6.8 million available to help get very early-stage Michigan companies off the ground. State officials Thursday announced a designation of $6.8 million for Michigan Pre-Seed Fund 2.0, a statewide investment fund aimed at supporting high-tech early stage companies.
The Michigan Economic Development Corp. announced Michigan Strategic Fund approval of economic development and community revitalization projects that in total will generate $133.6 million in new capital investment and create 406 new jobs in Michigan. Included is support for Detroit’s M1 Rail project, a replacement for Joe Louis Arena and a new half-billion-dollar atom smasher at Michigan State University.
The Michigan Economic Development Corp. announced the state’s largest ever matchmaking summit to bring Michigan employers with job openings together with skilled and talented people from across the state and around the country.
The Ann Arbor-based learning materials supplier XanEdu Inc. will add 50 jobs in Ann Arbor and invest more than $1 million in a consolidation of its locations in Michigan and Kentucky.
A new report on Michigan’s 2013 tourism industry from the Toronto-based tourism research firm Longwoods International says the state’s Pure Michigan campaign drove more than 4 million trips last year, producing $1.2 billion in economic impact.
The Michigan Economic Development Corp. Tuesday announced state approval of economic development projects that will create 1,444 new jobs in Michigan and result in $362 million in business spending in the state.
Three companies will be expanding and adding jobs in Michigan with support from the Michigan Strategic Fund, the Michigan Economic Development Corp. said Wednesday. The expansions are expected to generate nearly $27.6 million in new capital investment and bring 494 new jobs in Michigan.
More than 400 people representing more than 150 Michigan manufacturers and service providers spent their Thursday at the General Motors Heritage Center in Sterling Heights. But they weren’t there just to ogle the center’s spectacular collection of classic GM sheet metal. They were there to expand into the aerospace business with Boeing Co. and Kuka Systems North America LLC.
Two companies will invest up to $22.1 million in Detroit, creating 229 new jobs, the Michigan Economic Development Corp. announced.