Blog tagged as Economic health

U.S. Sen. JD Vance called the $500 million U.S. Department of Energy grant that would convert the General Motors Lansing Grand River plant into an electric vehicle manufacturing site “table scraps” at a campaign event Tuesday.

The Michigan Strategic Fund (MSF) board Monday supported a nearly $500,000 grant for the business expansion of a medical device manufacturer in Marquette.

A Michigan Center for Data and Analytics report of the labor market and wages across the state showed there were signs that the job market was slowing down.

The Senate Appropriations Committee is considering giving Dow Chemical $120 million in Strategic Outreach and Attraction Reserve (SOAR) Fund money so it can update its R&D, expand its silicon manufacturing and update the infrastructure at its Michigan Operations Industrial Park in Midland.

Michigan ripped to the top of the job growth market in the cannabis space and came in second behind California for the number of cannabis jobs per state as of March, according to a new industry report.