Construction of a multi-tenant facility in Walker

Michigan Business News

Visser Brothers to Build New Multi-Tenant Facility in Walker

News Summary Visser Brothers announces plans for a new 147,790-square-foot multi-tenant facility in Walker’s Northridge Industrial Park. Construction will start this winter without pre-committed tenants, reflecting the developer-friendly environment of the area. The project is expected to create about 100 jobs and involves an investment exceeding $10 million. With favorable

September 12, 2025 8:58 am

American Rheinmetall new headquarters in Auburn Hills

Michigan Business News

American Rheinmetall Invests $31.7 Million in Auburn Hills

News Summary American Rheinmetall has announced a major investment of $31.7 million in Auburn Hills, Michigan, aimed at creating 450 new jobs. This strategic move consolidates existing facilities, enhancing the company’s presence in the U.S. defense sector. The decision to establish headquarters in Auburn Hills was influenced by Michigan’s competitive

September 10, 2025 9:00 am

Entrepreneurs participating in the PitchMI competition showcasing their startup ideas.

Michigan Business News

PitchMI Initiative Launches to Support Michigan Startups

News Summary The newly launched PitchMI initiative aims to enhance Michigan’s startup ecosystem with a $4 million funding pool. Featuring four regional competitions, the program spotlights entrepreneurial talent across high-tech industries like AI, healthcare, and clean technology. The first competition kicks off in Detroit on October 1, 2025, with winners

September 10, 2025 8:57 am

Exterior view of Grand Traverse Band Economic Development Corporation's properties

Michigan Business News

Grand Traverse Resort & Casinos Rebrands to GTBEDC

News Summary Grand Traverse Resort & Casinos has rebranded itself as the Grand Traverse Band Economic Development Corporation (GTBEDC). This name change signifies its commitment to fostering economic growth and opportunities for the Grand Traverse Band of Ottawa and Chippewa Indians, while expanding beyond gaming to enhance community impact and

September 9, 2025 8:51 am

An office scene in Michigan illustrating workforce productivity challenges.

Michigan Business News

Michigan Ranks Lowest in Workforce Productivity: Study Reveals

News Summary A recent WalletHub study has ranked Michigan as the least productive state in terms of workforce engagement, citing key challenges such as low average work hours and employment rates. The study evaluated various factors influencing productivity, with North Dakota recognized as the hardest-working state. The findings highlight a

September 7, 2025 8:51 am

Scenic view of Saint John's Resort in Michigan

Michigan Business News

Saint John’s Resort Named Best Hotel in Michigan for 2025

News Summary Saint John’s Resort in Plymouth, Michigan, has been recognized as the No. 1 Best Hotel in the state by U.S. News & World Report for 2025. The resort also topped the rankings for Best Resort and Best Business Hotel, highlighting its appeal for leisure and corporate events. With

September 6, 2025 8:51 am

Astemo regional headquarters building in Wixom, Michigan

Michigan Business News

Astemo Ltd. to Invest $95 Million in Michigan Expansion

News Summary Astemo Ltd., a Japan-based automotive components manufacturer, announces a $95 million investment to establish a regional headquarters in Wixom, Michigan. This expansion will create approximately 200 jobs, with 150 engineering roles, reinforcing Michigan’s status as a hub for advanced mobility technology. Governor Gretchen Whitmer’s trade mission to Japan

September 4, 2025 8:55 am

Luxury estate featuring a mansion and beautiful landscaping

Michigan Business News

Historic Estate in Michigan Sells for $12.8 Million

News Summary A luxurious 17,000-square-foot estate in Washtenaw County has set a new benchmark for real estate sales in Michigan with a closing price of $12.8 million. Spanning nearly 100 acres, the property was previously owned by businessman Louis Ferris and showcases a stunning architectural design inspired by Frank Lloyd

September 3, 2025 8:53 am

Claire's store with a 'Closing Soon' sign

Michigan Business News

Claire’s to Close 291 Stores Amid Bankruptcy Struggles

News Summary Claire’s, the well-known accessory chain, has announced the closure of 291 stores nationwide following its Chapter 11 bankruptcy filing on August 6, 2025. This decision reflects ongoing challenges in the retail sector, particularly for brick-and-mortar stores. Among the affected locations are 11 stores in Michigan. Despite these closures,

September 2, 2025 8:51 am

Representatives from Michigan engage in trade discussions with Asian counterparts

Michigan Business News

Michigan Governor Undertakes Historic Trade Mission to Asia

News Summary Michigan Governor Gretchen Whitmer is on a significant trade mission to Japan and Singapore to boost trade opportunities as the state faces pressing budget negotiations. Accompanied by representatives from the Michigan Economic Development Corporation, the delegation aims to form new partnerships within the global finance and clean energy

September 1, 2025 8:55 am