New research institute coming to Michigan, bringing jobs for the region

A new public-private partnership will create the American Lightweight Materials Manufacturing Innovation Institute in Canton. The $148 million institute recognizes the impact Michigan has had on manufacturing and gives a shout out to the state’s top talent at our research universities. It’s projected that 10,000 new jobs will be added throughout the Midwest – particularly…

Reducing auto insurance rates for Michigan families

Michigan families struggle to pay auto insurance premiums Auto insurance costs are significantly higher than other states because of inflexible mandates and the resulting expenses. Legislative inaction to address skyrocketing costs and an inefficient claims process must be remedied to help all residents of Michigan. House Republicans have focused on identifying the cost drivers that have…

New survey shows soaring optimism about Michigan’s economic comeback

A strong majority of Michigan business leaders believe our state economy is on a course to grow over the next six months, a vast improvement over their feelings of the national economy and how they felt about the state last year.  From MLive: A survey of 74 Michigan CEOs found that 64 percent forecast the…

Michigan workers – They’re Grrreat!!!!

Michigan received another indication that we’re on the right track economically when the Kellogg Co. announced today they will expand operations in our state and employ up to 600 people. Kellogg CEO John Bryant said the company chose Grand Rapids for a new North American Services Business Operation center after looking at nine possible locations…

Gov. Snyder’s budget presentation: A sign of brighter days ahead

Today Gov. Snyder revealed his recommendations for the FY 2015 budget in front of a joint hearing of the House and Senate Appropriations committees.  Echoing many of the priorities he laid out during the State of the State address last month, the governor’s budget proposals focused on: Additional support for education, especially early childhood development…

Six truths about the billion dollars that wasn’t

There has been a lot of media coverage and discussion about the state’s “surplus” of money that economists last Friday agreed would be an estimated $970 million. Unfortunately, the whole story hasn’t been told, and people need to be aware of some key truths. Truth #1: This is only an estimate. The economic experts from…

New report shows Michigan’s economy is on the right track

Business Leaders for Michigan recently released their updated Michigan Competitiveness Report.  The benchmarking report shows where Michigan ranks compared to economic peers (other states) in certain categories.  Here are some of the results from the report in different categories: -Corporate Tax Climate: 7th nationally, 2nd in peer group behind Virginia. -Overall Tax Climate: 12th nationally,…

Michigan ranks among the best in clean energy job growth

Crain’s Detroit Business recently published a report ranking Michigan among the nation’s best in clean energy job growth. According to the report, Michigan companies created about 1,100 clean energy jobs in the third quarter, showing once again that Michigan is “the comeback state.” Read the full article here. It’s also an example of our economy’s…

10,000 Small Businesses Program Discovers Detroit

The 10,000 Small Businesses program sponsored by Goldman Sachs has discovered Detroit and a major announcement was made yesterday about $20 million in capital being made available to small-business owners in the Motor City. Perhaps more important than the cash is the business training being made available, as well. You can read about the announcement…

Michigan now home to 20 ‘Fortune 500’ companies

Michigan continues to show that it is “The Comeback State.” Today it was announced that Spartan Stores is merging with Nash Finch to become SpartanNash. The best news is that it has chosen to keep its headquarters in Michigan. By choosing to remain in Michigan and have its world headquarters in Byron Township, SpartanNash will…

“And that means jobs, jobs, jobs”

The headline says it all…well, ok, it says most of it. Did you see this editorial from Sunday’s Detroit News? We agree a lot has been done and that there is still a lot more to do. The work we have accomplished in the state Legislature has helped private-sector employers create more than 220,000 jobs…

Michigan is open for business

By Speaker Pro-Tempore John Walsh, R-Livonia As the federal government shutdown enters its second week, I’d like to remind residents that unlike our counterparts in D.C., lawmakers in Lansing are working hard to make sure that Michigan is still open for business. While the standard in Washington continues to be working without a budget and…