Economic Development News
Just Released: Monroe County Chamber of Commerce & Monroe County Business Development Corp to Link Operations
MONROE, Michigan The Directors of the Monroe County Chamber of Commerce (the Chamber) and Monroe County Business Development Corporation (BDC) announce the creation of the Monroe County Business Alliance. The Business Alliance will join the Boards of Directors and staff of the Chamber and BDC into a single entity focused on business development and business…
Read MoreDundee Engine Plant’s $83 Million Retool
The Dundee Engine Plant is becoming the final assembly location for a new four-cylinder engine for two future hybrid-electric Stellantis models coming to North America. The plant will see an investment of $83 million, with engine production slated to begin in early 2025. The new 1.6-liter, inline-four cylinder turbocharged engine will be based on a current Stellantis engine in…
Read MoreGrant Received for Entrepreneurial Support in Monroe County
The Lauch 734 team is excited to announce that they have received the official award letter from the County of Monroe’s American Recue Plan Act (ARPA) funding. “This award will allow Launch 734 to create new programming that supports our entrepreneurs who are still fighting long term effects caused by the pandemic” said Matt Vanisacker,…
Read MoreEconomic Development is a Marathon, Not a Sprint
The BDC was pleased to see the most recent announcement by Ford Motor Company of their investment in the LaPlaisance Road Corridor in Monroe Township. Interestingly enough, the work to land such a project began several years earlier when working with the township, and a sub area plan for the corridor was devised that would…
Read MoreFord Announces New Plant & Jobs in Monroe County
We have some great news … Ford Motor Company announced yesterday they will be making an investment in Monroe County. They plan on a capital investment of $35 million to build an all-new Ford Customer Service Division packaging facility in Monroe that will create 600 UAW jobs with operations expected to begin in 2024. This…
Read MoreAfflicted Business Relief Program
Governor Whitmer Announces Additional $400 Million to Support Businesses, Retain or Create Jobs, and Boost Michigan’s Economy The Afflicted Business Relief (ABR) grant program is a program by the State of Michigan to distribute up to $409 Million of its American Rescue Plan Act funds to be awarded through grants for those who have suffered financial hardship from Covid-19. The program…
Read MoreFocus On The Future & Unveiling of Community Brand
We held our very first virtual Focus On The Future event the morning of November 12, 2020. It was the biggest attendance we have ever had at our 8th annual fall event bringing in 142 attendees! We thank everyone that was a part of putting on this production and our attendees for taking time out…
Read MoreHeidtman Steel Expansion
Michigan Economic Development Corporation Released to Press: June 24, 2020 Contact: Kathleen Achtenberg Heidtman Steel Products, Inc., founded in 1954 and family-owned, is a provider of innovative steel solutions. The company processes, packages, and distributes flat-rolled steel products across the U.S., Canada, and Mexico. Today, the company operates nine direct or joint venture facilities…
Read MoreChanges Beginning Soon on North Telegraph Road
At a meeting last evening, the City Council awarded a contract to a local Monroe County company, Homrich, to demolish the former La-Z-Boy Headquarters on North Telegraph Road. Their bid came in at more than half of the original estimate, which is good news for everyone! Work will likely begin in early March. Immediately following…
Read MoreNike Site Development Plan was Missed Opportunity
The following article was written by Tim Lake and published in the January 23, 2020, edition of the Monroe News. REPRINTED from Monroe News Monroe Media Group One of the primary pillars of the Monroe County Link Plan is “Preparing for Investment.” The Link Plan identified eight Priority Development Areas (PDA’s), including the Nike Missile site, and…
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