Saturday, 28 March 2015
Last updated 18 hours ago
Feb 4 2009 | 8:47am ET
Two wind sector firms are among 10 Michigan businesses receiving support from the Michigan Economic Development Corporation (MEDC).
Governor Jennifer Granholm announced Wednesday that, based on the MEDC’s recommendation, the Michigan Economic Growth Authority had approved state tax credits to win the projects over competing national and international sites. Combined, the 14 projects are expected to create and retain 8,912 jobs and generate over $330 million in new investment in the state.
“Despite these challenging economic times, our aggressive economic strategy is producing results for communities across Michigan, and we will continue to go anywhere and do anything to bring new jobs to our state,” said Granholm.
The companies include Great Lakes Towers, a start-up wind turbine tower manufacturing company planning to spend $19 million to locate its first manufacturing plant in Monroe. The company expects to produce over 500 wind towers annually.
Also benefitting is Atwell-Hicks, a land development consulting firm focusing on alternative energy and wind power energy production and transmission corridors for wind farms. It will invest $5 million to expand operations in the Ann Arbor area.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…