Press Releases - May 2019

Thursday, May 30, 2019

Lt. Governor Garlin Gilchrist Joins DTE and Consumers Energy as Companies Announce $15 Billion Commitment to Grow Michigan Businesses

DTE and Consumers Energy to spend $15 billion with Michigan companies through Pure Michigan Business Connect over the next five years

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Wednesday, May 29, 2019

Business expansion, two community development projects bring new investment, jobs to Michigan

Expansion of Tier 1 global supplier of roof systems expected to generate $40 million, create 55 jobs ● Rehabilitation of vacant building in Detroit expected to generate $1.1 million ● Redevelopment of historic building in Battle Creek creates 23 jobs

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Wednesday, May 29, 2019

Michigan Technological University’s MTRAC Announces Funding for Projects Using Advanced Materials to Improve Quality of Life

The Michigan Translational Research and Commercialization (MTRAC) Advanced Applied Materials Innovation Hub at Michigan Technological University recently awarded a combined $302,000 in funding to four projects from researchers across the state.

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Tuesday, May 28, 2019

Crowdfunding campaign launched for “Buffalo Soldier Memorial Park” project in Detroit

$50,000 goal to win matching grant through MEDC’sPublic Spaces Community Places initiative

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Tuesday, May 21, 2019

Generational investment of $4.5 billion by Fiat Chrysler signals strong bet on Michigan’s workforce and automotive leadership

Fiat Chrysler Automobiles expected to create 6,433 new jobs in Michigan ● All-new state-of-the-art assembly plant in Detroit will be city’s first in nearly 30 years, brings 3,850 new jobs to the city

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Tuesday, May 21, 2019

MTRAC Advanced Materials Innovation Hub Receives Additional Support for Advancing Materials-Based Technologies into Commercial Development

MSF Board awards Michigan Technological University one-year extension and $350,000

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Tuesday, May 21, 2019

Community revitalization projects bring new investment, vibrancy to Detroit, Kalamazoo

Three community development projects will generate $131 million in capital investment, create 293 jobs ● Detroit buildings to be revitalized into mixed-use projects, create 230 jobs ● Klovergold Creamery in Kalamazoo to become children's center

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Monday, May 20, 2019

Crowdfunding campaign launched for Camp Carpenter Detroit

$10,000 goal to win matching grant through MEDC’s Public Spaces Community Places initiative

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Thursday, May 16, 2019

Cybersecurity company to establish headquarters in Grand Rapids area

VDA Labs to add 25 jobs, invest $300k in new high-tech lab and headquarters with MSF support

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Wednesday, May 15, 2019

Multimatic establishing autonomous vehicle driving simulation center in Novi, investing $7.8 million

• Project creates 50 high-tech, high-paying jobs • Facility will be first of its kind in North America • Development underscores Michigan’s leadership position in development of autonomous vehicle technology

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