ECONOMIC DEVELOPMENT

The Right Place, Lakeshore Advantage, Southwest First and others

ARTICLES

PADNOS investing $6.6M to expand in Wyoming

West Michigan scrap management and recycling company PADNOS will invest $6.6 million in an upcoming expansion in Wyoming.
Manufacturing stock

The Right Place to open applications for $25K training grants

The Right Place will host a webinar next month to help companies apply for $25,000 in funding from the Michigan Economic Development Corporation (MEDC) to offset career training costs.

Hispanic chamber promotes manager to director of programs and strategy

The West Michigan Hispanic Chamber of Commerce (WMHCC) promoted its program manager to director of programs and strategy.

Classic Transportation & Warehousing plans $8.4M expansion

An employee-owned warehousing and transportation firm is spending over $8.4 million to build a new facility near Wayland in a move expected to create six to 12 jobs.

Wyoming-Kentwood chamber taps next president and CEO

The Wyoming-Kentwood Area Chamber of Commerce (WKACC) has completed the search for a new president and CEO to replace its current leader upon his retirement.

Experts analyze supply chain ‘mess’

A group of experts came together recently to target action steps companies can take in response to the supply chain crisis.

MEDC CEO applauds SOAR legislation

The current head of the Michigan Economic Development Corporation said the bipartisan $1.5 billion Strategic Outreach and Attraction Reserve (SOAR) package will help secure transformational projects and long-term economic opportunity throughout the state.

Interest in hunting, fishing licenses remains high

(As seen on WZZM TV 13) The pandemic forced people to rethink how they would protect their health and well-being in 2021, and one of the ways they did so was by retreating to the outdoors. 

Program helps companies expand export strategies

Michigan’s manufacturing and technology executives have a little time left to apply for a virtual, 13-week program to help accelerate their export strategies in 2022.

Gun Lake Investments chooses next CEO

The interim CEO of a local economic development corporation stepped into the role permanently.

Waséyabek Development Co. acquires Safari Circuits

Waséyabek Development Co. now is the majority owner of an Otsego-based electronics manufacturer.

Uptown businesses to receive Match on Main grant funding

Two businesses within the Uptown Grand Rapids neighborhood of Eastown were selected to receive Match on Main grant reimbursement funding from the Michigan Economic Development Corporation (MEDC).

Lakeshore Advantage tallies economic development impacts in 2021

An economic development nonprofit in 2021 supported 21 companies as they announced $259 million in private investment and the planned creation of 694 jobs in the region.

SBAM score card shows mixed bag

An array of factors expected to continue into 2022 are causing small businesses in Michigan to lag behind the national recovery, a new report found.

The Right Place shares 2022 outlook

The Right Place made up for lost time toward its strategic plan goals in 2021, and an analyst predicted a solid 2022 at the organization’s 25th annual Economic Outlook presentation.

South East Market looks to 2022

Alita Kelly and Khara DeWit have big plans for their market and related food justice initiatives in 2022.

Travel and tourism industry expects rebound in 2022

Travel and tourism in West Michigan will continue its upward trajectory in 2022 as it rebounds from the pandemic.
AP

Michigan governor signs $1.5B in business incentives

LANSING — Gov. Gretchen Whitmer signed legislation Monday to spend $1.5 billion on economic development efforts for businesses, including possible funds to build a General Motors factory to manufacture electric vehicle batteries in the Lansing area.

MSHDA awards $13M in low-income housing tax credits

Three West Michigan projects will receive a share of $13 million in tax breaks from the Michigan State Housing Development Authority (MSHDA).

Michigan Women Forward hires VP of fund development

A women’s community development organization hired a fundraising leader for its West Michigan branch.

Industrial market bends under weight of demand

The demand for space in the industrial real estate market is having a reeling effect on companies.

Grand Rapids Chamber hires new director of government affairs

The Grand Rapids Area Chamber of Commerce appointed its next director of government affairs.

Bank of America names Hispanic chamber a 2021 Neighborhood Champion

The West Michigan Hispanic Chamber of Commerce won grant funding and executive leadership development opportunities because of its role in advancing economic mobility in Grand Rapids.

Sustainable Business Park enters negotiations with anchor tenant

The Kent County Board of Public Works recommended its choice for anchor tenant of the planned Sustainable Business Park and authorized the Department of Public Works (DPW) to begin negotiations.

JR Automation opens new facility in Holland

A maker of automation systems opened a new facility in Holland that represents a more than $1 million investment and is expected to create 28 high-paying jobs in the next two years.

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