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Snyder Signs Personal Property Tax Bills, Says Ends 2nd Dumbest Tax In State

LANSING - Calling it a good day for the state by improving its overall competitiveness, Governor Rick Snyder signed a package of 12 bills that begins the process to phase out Michigan's personal property tax on industrial property. At a signing ceremony in the press auditorium, surrounded by legislators, civic officials and business executives, Snyder

By |2012-12-20T00:00:00-05:00December 20th, 2012|Archive, Events/Announcements|

Six Companies Adding 295 Jobs Statewide

LANSING - The Michigan Economic Development Corporation on Wednesday announced six companies, including La-Z-Boy and Founders Brewing Company, will invest $117 million and add about 295 jobs in the state. La-Z-Boy is expected to build a new world headquarters in Monroe, generating at least $47 million in new private investment and adding a projected 50

By |2012-12-20T00:00:00-05:00December 20th, 2012|Archive, Events/Announcements|

Census Bureau Says Michigan Population Grew In 2012, But Georgia Passes It

LANSING - Michigan got an okay news/bad news story from the U.S. Census Bureau on Thursday. Michigan saw population growth in 2012, but with Georgia adding more than 100,000 people in the last year, the Peach State surpassed Michigan to the nation's eighth largest state. And Michigan's state demographer said at current growth rates, Michigan

By |2012-12-20T00:00:00-05:00December 20th, 2012|Archive, Events/Announcements|

Rep. Haveman Set To Lead House Appropriations

LANSING - Rep. Joseph Haveman as expected will chair the House Appropriations Committee in the 2013-14 term. House Speaker Jase Bolger (R-Marshall) announced the appointment Wednesday of Haveman (R-Holland), who was the majority vice chair of the committee during the current term and a part of Bolger's inner circle. Gongwer News Service had first reported

By |2012-12-20T00:00:00-05:00December 20th, 2012|Archive, Politics/Government|

New York Hedge Fund Makes Unsolicited Takeover Bid For Compuware

DETROIT - Elliott Management made the unsolicited bid in a Monday letter to Compuware's board of directors, offering to acquire the software and services company for $11 per share, or $2.3 billion. But Compuware is under intense pressure from investors to fix its business and cut employees that could persist even if an attempted takeover

By |2012-12-18T00:00:00-05:00December 18th, 2012|Archive, Events/Announcements|

Snyder Rebuffs Accusations On Trust After Right To Work

LANSING - Critics have said Governor Rick Snyder undermined his trustworthiness when he agreed to support making Michigan a right-to-work state after nearly two years of disdaining the proposal as not on his agenda, but Snyder disputed such accusations Monday. "Trust is a perception. I think, factually, I was fairly clear this whole process," he

By |2012-12-18T00:00:00-05:00December 18th, 2012|Archive, Events/Announcements|

Consumers Energy Wants To Spend $750 Million To Build Natural Gas Power Plant

JACKSON - Consumers Energy wants to spend $750 million to build a 700 megawatt natural gas-fired power plant in Thetford Township, about 20 miles northwest of Flint. The project is expected to create about 600 construction jobs. The bulk of the construction jobs are expected to be filled by members of skilled trades unions. When

By |2012-12-18T00:00:00-05:00December 18th, 2012|Archive, Events/Announcements|

Natural ResourceTrust Fund Approves $23.5 Million For 76 Projects

LANSING - The Natural Resources Trust Fund has approved $14.47 million to purchase new public lands and $9.07 million for development on existing lands. Of the funding, 17 local government purchases would share $11.96 million and 49 local units would share $7.82 million for development. The Department of Natural Resources would have $2.51 million for

By |2012-12-18T00:00:00-05:00December 18th, 2012|Archive, Clean, green, hybrid|