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GRAND RAPIDS -- West Michigan manufacturers continue to signal a slowing economy as Grand Valley State University’s closely watched monthly purchasing managers survey showed continued softness and increased caution. “We are well aware that the office furniture business remains soft, and we had hoped that the pent-up demand in automotive would help keep the West
DETROIT - Inside the refreshed shell of an 87-year-old building in Detroit that’s been wracked by fire, tragedy, and more than 30 years of abandonment, a new multi-armed venture is trying to shape the future of mobility. The building is the new home of Newlab, a technology collaborative and business incubator originally started in Brooklyn.
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
DETROIT - A company that tears down closed nuclear power plants wants to do in Michigan what has never been done in the U.S.: restore a dead one to life. Holtec Decommissioning International bought the Palisades Nuclear Generating Station last June for the stated purpose of dismantling it, weeks after previous owner Entergy shut it
NEW YORK - The U.S. is poised to deliver 600 GW of new solar, wind, and energy storage capacity through to the end of the decade, according to the latest U.S. Clean Energy Market Outlook from BloombergNEF, enough to power 420 million homes. The influential analyst firm said the U.S. renewables sector was poised for
ANN ARBOR - The Midwest Growth Capital Symposium, formerly called the Michigan Growth Capital Symposium, returns May 23-24 at the University of Michigan Ross School of Business. Founder UM Finance Professor, David Brophy, joins Matt Roush and Mike Brennan on MITech TV to provide all the details including naming the two keynote speakers. Brophy also
BOSTON - A team of Harvard Medical School scientists say they've come up with a new drug cocktail of molecules that they say can successfully regenerate the hair cells in the inner ear that enable hearing — a potentially groundbreaking treatment for hearing loss. As detailed in a new paper published in the Proceedings of the National Academy
LANSING - Ben & Jerry’s is turning its attention to half-baked marijuana legalization, focused on Michigan where cannabis use is legalized, but many are still serving time or have long-standing records for cannabis-related convictions, the company said in a press release. As legalization has swept across the nation, those convicted and incarcerated for cannabis possession
LANSING — Michigan lawmakers narrowly gave final legislative approval Thursday for $175 million in state subsidies to build a nearly $2.4 billion, 2,350-job electric vehicle battery parts factory near Big Rapids planned by Gotion Inc. It is the fourth incentives package for a new EV battery plant to be blessed by legislators in 13 months,
WASHINGTON DC - As the US confirms it's tracking more than 650 potential UFOs the Pentagon has shared footage of a floating metal sphere which has been "seen for years" in the skies over the Middle East. A Pentagon official confirmed the tracking of potential UFOs on Wednesday, April 19, in an appearance before a
