Blog categorized as Business

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.

Workers Needed To Keep Up With Michigan Construction Demand

06/24/24 04:28 PM - By Team MIRS - Comment(s)
Workers Needed To Keep Up With Michigan Construction Demand
Builders and contractors are looking for workers to keep up with the increased demand for building in Michigan.

BlueOval Battery Park Stays On Track After Appeals Court Decision

06/20/24 04:22 PM - By Team MIRS - Comment(s)
BlueOval Battery Park Stays On Track After Appeals Court Decision
The Michigan Court of Appeals Tuesday affirmed the dismissal of a citizens’ group’s lawsuit challenging a zoning change that cleared the way for Ford’s electric vehicle battery plant.