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Tuesday, January 14, 2025Gov. Whitmer?Statement on Michigan’s Strong Economic Growth, Revenues?
State revenues come in much higher than expected just days before Governor set to outline economic vision during ‘Road Ahead Address’ at Detroit Auto Show LANSING, Mich. – Governor Gretchen Whitmer issued the following statement after today’s Consensus Revenue Estimating Conference (CREC) showed state revenues coming in significantly higher than expected, a clear sign of Michigan’s strong economic growth and momentum heading into 2025. The encouraging data comes in advance of Governor Whitmer's ‘Road Ahead
Tuesday, January 07, 2025Applications due by January 30 for Public Space Place-Based Infrastructure and Façade Projects
The Michigan Economic Development Corporation is excited to announce the latest funding opportunities available through the Revitalization and Placemaking (RAP) program: Performance-based RAP grants are currently available for real estate redevelopment projects and can be applied for on a rolling basis as funds are available. View guidelines for the RAP program HERE. The RAP application can be downloaded HERE. The application for performance-based, public space place-based infrastructure projects and
Monday, January 06, 2025Exciting Leadership Updates for APACC's Small Business Action Committee (SBAC)
APACC is thrilled to announce the appointment of Sam Li as the new Chair and Nannapat Sage as Vice-Chair of the Small Business Action Committee (SBAC). We extend our heartfelt gratitude to Laura Van Houtte, who has served with dedication and passion as Chair. Laura's leadership has been instrumental in advancing the committee’s mission, and we’re delighted she will continue contributing as part of the SBAC Advisory Committee. A Message from Sam Li, Chair: "I’m honored to assume the role of Chair for the
Monday, January 06, 2025UHY in Farmington Hills Expands, Adds Two Accounting Firms
UHY in Farmington Hills is joining with accounting firm Tama, Budaj & Raab, effective Jan. 1, 2025. // Photo courtesy of UHY UHY in Farmington Hills, a large professional services firm that provides audit, tax, consulting, and advisory services, today announced it is joining with accounting firm Tama, Budaj & Raab (TBR), effective Jan. 1, 2025. In business for more than 50 years, TBR is a full-service accounting firm in Farmington Hills with 12 professional and administrative team members. The company
Thursday, December 26, 2024Study: 2025 Michigan Economy to Grow Steadily in 2025
A report from Comerica Banks forecasts Michigan’s economy to grow moderately in 2025. // Stock photo Michigan’s economy is forecast to grow moderately in 2025 at a pace roughly around the same as in 2024, according to a study by economists at Comerica Bank. Although the state’s economy made gains in 2024, the averages masked “big” fluctuations during the year. “Michigan’s unemployment rate rose to the highest in nearly three years in the fall of 2024 as motor vehicle and parts manufacturers cut jobs,”
Thursday, October 24, 2024Henry Ford Health: Destination Grand
Project Description Henry Ford Health’s vision for their “Destination: Grand” project is a major expansion of Henry Ford Hospital including a new state-of-the-art facility and patient tower across the street from the existing hospital. The project will advance 21st-century medicine, revitalize a critical community asset, and promote health equity. The new hospital facility will consist of a five-floor podium and a 15-story tower, with approximately 360 beds moving from the current campus. The tower will
