Blog categorized as Business

Unsuccessful Bidder Questins DTMB’s Practices

08/27/24 01:49 PM By Team MIRS - Comment(s)
Unsuccessful Bidder Questins DTMB’s Practices
A Warren company alleges the state abused its discretion when canceling a request for proposal (RFP) process before investigating allegations of fraud and conspiracy in the process.

Granholm Talks 'Building Boom,' Biden-Harris Incentives 

08/15/24 01:14 PM By Team MIRS - Comment(s)
Granholm Talks 'Building Boom,' Biden-Harris Incentives 
U.S. Energy Secretary Jennifer Granholm described the country as amid a "building boom," touting to union pipefitters and plumbers on Wednesday how federal construction tax credits incentivize tapping into union contractors and apprenticeship programs.

Michigan Eyeing $15 Minimum Wage By 2030 

08/01/24 01:26 PM By Team MIRS - Comment(s)
Michigan Eyeing $15 Minimum Wage By 2030 
Michigan's $10.33-an-hour minimum wage will increase from around $12.25 to $12.30 an hour and tipped workers will see their base wage go up from $3.93 an hour to around $5.90 an hour by Feb. 21, 2025, under a Supreme Court ruling on Wednesday.

MSF, MEDC Approves Nearly $277M For 37 Projects 

07/10/24 01:21 PM By Team MIRS - Comment(s)
MSF, MEDC Approves Nearly $277M For 37 Projects 
The Michigan Strategic Fund board met Tuesday and approved incentives through private bonds, grants and loans worth nearly $277 million for 37 different projects to support businesses.

Bills Give Warehouses, Distribution Centers Tax Cuts For Repurposing Industrial Sites

06/26/24 03:12 PM By Team MIRS - Comment(s)
Bills Give Warehouses, Distribution Centers Tax Cuts For Repurposing Industrial Sites
Warehouse operations could be exempted from certain property taxes if they choose to develop on old industrial sites, rehabilitating and re-purposing sometimes "long-abandoned" factories and plants, under bills approved by the Senate Tuesday.