DETROIT – Business Leaders for Michigan released a holistic economic development framework today that calls for broad thinking and strategic actions to bring prosperity to the state. While bipartisan work has resulted in economic progress since the Great Recession, moving Michigan from the bottom nationally to average today, getting to the top will be harder.
SOUTHFIELD - Plugging electric vehicles into the Grid may become more difficult in the future as millions of EVs are sold. What energy sources will automakers use to operate EVs in the future? A panel of auto industry experts will discuss this dilemma on May 24 at Lawrence Technological University in a “breakfast and learn”
ST. LOUIS, Mo.–Intramotev, a technology company focused on developing autonomous, zero-emission rail transportation, has been awarded a $200,000 grant from Michigan’s Office of Future Mobility and Electrificationto support the deployment of three of its TugVolt self-propelled railcars at a mining site in the Upper Peninsula of Michigan in late 2023. This investment will bring the first
PETOSKEY–Petoskey Plastics announced the installation of a new manufacturing line designed to make disposable gowns for the healthcare industry. The company has invested approximately $2 million in engineering and first phase of the project. Additional lines and automation are in their final design stages. Mike Barto, Vice President of Sales, stated, “We have worked hard
DETROIT–RoboTire, the Detroit-based robotics and automation developer, announced it has installed its tire-changing system at a Detroit Garage, a tire shop at 33939 Plymouth Road in Livonia. The installation marks the first retail operation of a RoboTire system in the company’s hometown. RoboTire’s tire-changing system is designed to provide a faster, safer, and more efficient
NATIONAL HARBOR, Md.–The Norwegian hydrogen technology developer Nel announced plans to build an electrolyzer manufacturing plant in Michigan. The final location hasn’t been determined, but Nel announced that the plant would employ more than 500 people. The announcement came at the SelectUSA Investment Sumit at Gaylord National Resort and Convention Center in National Harbor. Michigan
ANN ARBOR - Michigan Venture Capital Association, the trade association for the venture capital and angel community in Michigan, announced the re-launch of its 2023 Venture Fellows Program. Thanks in part to a $500,000 grant from the Michigan Strategic Fund with support from the Michigan Economic Development Corporation, the MVCA is positioned to provide matching
WASHINGTON DC - As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) today announced $52 million for 19 selected projects, including $10 million from the Bipartisan Infrastructure Law, to strengthen America’s domestic solar supply chain, and $30 million in funding for technologies that will help integrate solar energy into
DETROIT–Tiicker, which claims to be the world’s first shareholder loyalty and engagement platform, announced it has closed on a $5 million seed funding round, led by Grand Rapids-based Baysore Advisory Group, East Lansing-based Red Cedar Ventures, and Flipturn Ventures, with participation from a group of tech and consumer CEOs and family offices. The Tiicker financing
SOUTHFIELD - The Annual Research Day and Presidential Colloquium on April 21 promote the scholarly engagement of faculty and students in order to support the highest quality educational experience for Lawrence Tech students, and to celebrate and promote a culture of research at Lawrence Tech. LTU News Director Matt Roush interviews two professors involved in
