LANSING - The budget that Gov. Rick Snyder will propose February 17 will only ask the Legislature to pass a budget for the 2011-12 fiscal year because of constitutional issues clouding the ability to enact a two-year budget that includes the 2012-13 fiscal year, Budget Director John Nixon said Monday. Nixon said until the constitutional
TROY- Automation Alley has elected three new board members for 2011: Donald H. Clayton, managing director of Clayton & McKervey; Mark Symonds, CEO and president of Plex Systems; and Peter H. Webster, member of Dickinson Wright. "The staff and I look forward to working with the new board as we continue to grow the innovation
ANN ARBOR ? Fusion Coolant Systems of Ypsilanti won the $5000 first prize in the Emerging Companies category of the fall 2010 Great Lakes Entrepreneurs Quest business plan competition Monday night at the Annual Collaboration for Entrepreneurship at Ann Arbor Skyline High School. Fusion Coolant is developing next-generation metalworking fluids for machining and metal forming.
WASHINGTON ? Women-owned small businesses can begin taking steps to participate in a new federal contracting program on Feb. 4 when the new Women-Owned Small Business Federal Contract Program begins. First contracts are expected to be awarded by the fourth quarter of fiscal year 2011. On Feb. 4, SBA will release instructions on how to
WARREN - The Michigan Business and Professional Association, along with its sister association the Michigan Food and Beverage Association, strongly urge legislators to support legislation that would eliminate the State's unnecessary Item Pricing Law. Both Associations large membership represent over 20,000 small businesses, employing over 160,000 individual employees, support House Bill 4158 sponsored by Representative
QUINNESEC - The Michigan Magnet Fund is making a $10 million investment in a $45 million Verso Paper Corp. Renewable Energy Project in its Quinnesec Plant in the Upper Peninsula. The investment will create at least 50 more jobs for small businesses that supply the biomass to the plant. The project will meet up to
LANSING ? Gov. Rick Snyder's mark of $25 million to fund "Pure Michigan" advertisements was well received during a House committee hearing Tuesday on legislation that would allocate more money from the 21st Century Jobs Fund to pay for the popular campaign. Last year, the Legislature appropriated $10 million from the jobs fund for the
ANN ARBOR ? Advanced Photonix said Monday it has won a $625,000 initial purchase commitment from an unnamed Chinese telecom systems provider to supply its 40-gigabit-per-second high-speed optical receiver, the BR-40D, for long haul data communications. All API would say is the provider is a key supplier to rapidly growing telecom markets such as China,
GRAND RAPIDS ? Meijer is plunging into the international grocery market by creating a new web site that will offer thousands of grocery and drugstore items online. MeijerDoorstepGrocer.Com features thousands of items in single-pack or smaller sizes. Of the approximately 5,000 items available, more than 3,000 are individual-size products. The remaining products for sale on
LANSING - A bill repealing the requirement that price tags appear on nearly all items sold in Michigan stores will likely see some tweaks before a House committee votes on it next week. In introducing her bill (HB 4158 ), Rep. Lisa Posthumus Lyons (R-Alto) said it will not repeal the state's item-pricing law entirely,