Events/Announcements

M.E.G.A. Fails To Determine If Tax Credits Deliver On Wage, Jobs Promises

LANSING - The state's main economic development program, already under heavy criticism, failed to adequately determine whether businesses receiving tax breaks to locate or stay in Michigan delivered on the wages and jobs promised, according to an audit released Monday. Auditors for the legislative auditor general found that in 15 of the 27 audits of

By |2010-04-26T00:00:00-04:00April 26th, 2010|Archive, Events/Announcements|

Plex Adds 40,000 Square Foot Plant, To Add 45 New Employees In 2010

AUBURN HILLS - Factory automation software provider Plex Systems cut the ribbon this week on its new 40,000 square foot facility and announced the addition would house software developers, project managers and support staff, some 90 employees, about half of them new hires. But when you take the math used by the Michigan Economic Growth

By |2010-04-22T00:00:00-04:00April 22nd, 2010|Archive, Events/Announcements|

MichBio Annual Meeting Draws Hundreds To Grand Valley State

GRAND RAPIDS ? More than 180 Michigan bioscience leaders gathered at Grand Valley State University for MichBio's Annual Wednesday night. In his annual address, Stephen Rapundalo, Ph.D., MichBio president and CEO, said that Michigan's biosciences industry is responsible for over 43,000 direct jobs and 56,000 indirect jobs, with an economic impact of about $10 billion.

By |2010-04-21T00:00:00-04:00April 21st, 2010|Archive, Events/Announcements|

Ban On Text Messaging While Driving Moves To Governor’s Desk

LANSING - A ban on text messaging while driving moved close to becoming law Tuesday as a primary offense, but some legislative hurdles remain before the measure goes to Governor Jennifer Granholm's desk. The House originally passed HB 4394 making texting while driving a secondary offense in December (94-13), meaning a police officer would have

By |2010-04-21T00:00:00-04:00April 21st, 2010|Archive, Events/Announcements|

Automaker Discounts, Incentives Drives Millions To Auto Web Sites

RESTON - Automaker discounts and incentives compelled millions of Americans to visit auto manufacturer sites to seek information and investigate possible purchases. Political news and information sites also saw sizeable gains in traffic as Americans tuned into the debate over passage of the congressional healthcare bill. "Auto manufacturers relied on incentives and promotions to boost

By |2010-04-19T00:00:00-04:00April 19th, 2010|Archive, Events/Announcements|

3 Tech Startups Get $115,000 From Michigan Microloan Fund Program

ANN ARBOR - Three Michigan companies recently received a combined total of $115,000 through the Michigan Microloan Fund Program, bringing the total amount invested through the Fund to over $1 million. CYJ Enterprises, Ix Innovations and NextCAT, received the funding to support commercialization of their core products. CYJ Enterprises, based in Detroit, received microloan funding

By |2010-04-19T00:00:00-04:00April 19th, 2010|Archive, Events/Announcements|