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The Michigan Department of Agriculture and Rural Development's (MDARD) International Marketing Program has partnered with Euromonitor International to create MIAgExport.com, a website that provides Michigan's exporting agriculture companies with updated export opportunity analysis reports and a new interactive market tracker.
DTE Energy in Detroit today announced it spent nearly $1.7 billion with Michigan businesses in 2017 and created or sustained 5,100 jobs across the state. The company says it has spent more than $7.5 billion with local suppliers and created 16,000 jobs in the past eight years.
Motor City AutoSpa in Royal Oak, a vehicle detailing and paint-protection company, is slated to open a second location on Feb. 21. The new climate-controlled facility will also be in Royal Oak at 4300 Delemere Court (near Coolidge Highway and Normandy Road). The new facility offers 9,400 square feet of space.
The Middle Market Power Index: Best U.S. Metropolitan Areas for Middle Market Firms from American Express and Dun & Bradstreet was released Feb. 8 with Detroit ranking very low in some categories and very high in others.
Doorganics of Grand Rapids today announced an expansion into the metro Detroit and Ann Arbor regions. The company plans to open a distribution facility in the region in the coming months.
IoT TechConnect Conference in Troy to Increase Awareness of Opportunities, Threats Posted by Internet
The Internet of Things (IoT) TechConnect conference, to be held on April 4 at the Troy Marriott, will provide attendees with a greater understanding of the opportunities and threats posed by IoT. As more devices connect to the internet, there are more opportunities for hackers to get into computer systems. The event will focus on IoT companies, experts, and training in Michigan.
Quicken Loans Inc. in Detroit has entered into an initiative with California's Airbnb that will allow Airbnb hosts to apply to refinance their mortgage.
Michigan Gov. Rick Snyder has proposed a $56.8 billion-budget to the House and Senate Appropriations Committees. The budget is a 0.6 percent increase from the previous year. The 2019 general fund is expected to stay at $10 billion, and inflation for fiscal year 2019 is estimated to be 1.9 percent.
Masco Corp., a large home improvement and building products company based in Livonia, today reported 2017 revenue was $7.6 billion, up four percent from 2016.
Detroit's West Riverfront Park is in for a facelift, starting with the West Riverfront Park Design Competition. Four design firms, Gustafson Guthrie Nichol of Seattle, Hood Design Studio of California, James Corner Field Operations of New York, and Michael Van Valkenburgh Associates of Brooklyn today presented their designs.