ANN ARBOR – Simon Whitelocke, ITC Michigan president, returns to talk about how electricity transmission company is energizing Michigan’s economy. Mr. Whitelocke continues his conversation from earlier reports about how electric infrastructure impacts economic growth.
This video interview focuses on how in 2021 Michigan added 396 new franchise businesses and expects to add another 139 in 2022, according to a new report by the Washington DC-based International Franchise Association. Bloomberg reports Michigan’s economy has improved the most in its history since the pandemic began two years ago.
Further, Bloomberg reports the number of workers employed in Michigan has risen faster than the U.S. overall in the pandemic era. So, how do we keep that going, Mr. Whitelocke asks?
With expanding the electric infrastructure, what ITC Michigan is spending more than $5 billion over the next couple years to accomplish.