Economic Development

Economic Development reporting is made possible through underwriting support from Enbridge.

Grants help lumber company upgrade, protect jobs

A lumbering operation in Houghton County will remain intact and receive some upgrades, thanks to state and federal grants. The improvements also will help retain 85 high-paying jobs.

Latest in Economic Development
The second floor of the former bank in Manistique is being turned into apartments.
A small but important step in housing

The former Manistique Bank is being transformed into commercial and residential space. A recent Build MI Community Grant Initiative will help fund renovation of the second floor into residential apartments. 

Jae Gerhart, manager of farm programs for Trinity Health Ann Arbor, at The Farm at Trinity Health in Ypsilanti. The Farm offers a produce prescription program for those who struggle to afford healthy food.
Medicaid funding could expand and sustain Michigan’s produce prescription programs

Michigan is seeking approval for a new funding structure that could use Medicaid dollars to pay for programs that offer "prescriptions" for free fresh fruits and vegetables.

AAoM's Navigating Autism Today Conference takes place November 15, 2024, in Grand Rapids at the Grand Valley State University Pew Campus L.V. Eberhard Center.
Navigating Autism Today Conference in Grand Rapids focuses on navigating autism for a lifetime

The Autism Alliance of Michigan (AAoM) is preparing for its upcoming Nov. 15 Navigating Autism Today Conference in Grand Rapids. The event connects families and autistic individuals with resources and support networks on critical topics: financial planning, health care advocacy, employment, and independent living solutions for adults on the spectrum.

Mount Manufacturing: Helping drive technological innovation in Marquette

Mount Manufacturing, a manufacturer of medical devices and instruments, is a growing and important player in Marquette's economy, creating high-quality jobs and driving technological innovation.

Medical equipment manufacturer expands, creating 40 jobs in the U.P.

A Marquette County-based medical manufacturer is expanding its operations with plans to create 40 jobs.

Marquette-based Northern Initiatives helps rural entrepreneurs build businesses, community

Founded in Marquette and now working throughout the state, Northern Initiatives helps underserved rural entrepreneurs realize their business dreams. The nonprofit lender helped Port Hope Diner in the Thumb. Efforts in the U.P. include the newly opened Red Hen Foods and Goods in Nisula.  

A rendering of the future Fresh! by Gleaners.
Fresh food pantry set to open near Detroit, building upon other innovative Michigan models

Gleaners Community Food Bank has broken ground on Fresh! by Gleaners, an innovative concept that will make free, fresh food available to people living in Wayne and Macomb counties.

Nicole Milton
FHLBank Indianapolis first-time home ownership program making Michiganders’ dreams a reality

FHLBank Indianapolis HomeBoost program offered up to $15,000 in down payment and closing and counseling costs assistance in its pilot year. For the program's return, those who qualify can receive up to $25,000.  

An apartment balcony using mass timber.
Mass Timber Construction: Improving forest land use in the U.P.

Mass timber construction promises many economic benefits for the U.P., improving the use of the region’s vast forests while creating jobs for residents, environmental protection, and economic growth for timber, wood products and construction industry.

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