Development News

Program announced to improve more downtowns

Oakland County Executive L. Brooks Patterson unveiled a new three-tiered program that would prepare more communities for entry into Main Street Oakland County and the economic benefits of utilizing...

Israel investing in Michigan, creating a stronger business economy

One year ago, in June 2013, Governor Snyder visited Israel with members of MEDC and the Michigan Israel Business Bridge (MIBB), an organization that facilitates business and investment opportunities between...

Macomb-OU Incubator steers next-level dollars to two start-ups

An advanced technology developer working to improve fuel efficiency and emissions and a biotech start-up that's designed a natural supplement to treat diabetes and pre-diabetes are receiving grants to...

Inteva debuts alternative material for auto interiors

Excerpt:  Troy-based automotive supplier Inteva will formally introduce its Inteather brand — a leather-like material used in automotive interiors — as an alternative to vinyl this month at the WardsAuto...

Small business investing triples in Oakland County

Small businesses are thriving and investing in Oakland County, Mich., Oakland County Executive L. Brooks Patterson said today. In 2013, existing small businesses and start-ups obtained triple the amount...

Creative arts sector is worth billions to Michigan economy, study finds

When ArtServe Michigan added the for-profit arts sector into its annual report on the creative economy,  it found the arts' economic impact picture got that much larger: among other...

Food Truck grants heat up business plans

Two metro Detroit food trucks are sharing in state economic development grants meant to support a burgeoning industry in Michigan.The $77,775 in grants awarded by the Michigan Economic Development...

Oakland County closes $350 million bond deal

Oakland County has closed a bond deal that will save taxpayers an estimated $130 million, County Executive L. Brooks Patterson and Treasurer Andy E. Meisner announced today. The county...

Oakland County tops region in job growth

Oakland County outpaced the region and the state in job growth. Employment in the county improved by more than 25,000 jobs, or 3.9 percent, in the first quarter of...

Homebuilding permits in Metro Detroit at highest level in six years

Homebuilding permits for single-family residences in Macomb, Oakland, St. Clair and Wayne counties totaled 423 permits in June, according to data released by the Home Builders Association of Southeastern...