Business

The Michigan Public Service Commission is deciding whether ending a nuclear power purchase contract would be a cost-saving decision for energy customers. 

The commission held back-to-back public meetings Monday in Lawrence, Michigan, to focus on Consumers Energy's plan to terminate a 15-year contract with Entergy that began in 2007 after the latter company announced plans to shut down its Palisades Nuclear Power Plant in 2018.

The original agreement let Consumers purchase nearly all of the power Palisades generates through 2022.

gvsu.edu

West Michigan’s economy remains strong after two months of double-digit growth. But there are signs the Trump rally may be slowing. WGVU breaks down the latest Supply Management Research survey.

“We are at a two year high right now.” In particular, the Supply Management Research index for employment and new orders. “But we can’t expect that to continue. We have some industries in our area, namely automotive and office furniture that are at or near their two year highs themselves. As a result, we look forward to some slackening as far as the industry is concerned.”

Gas pump station
Anthony Inswasty via Wikimedia | CC BY 3.0 / Wikimedia.org

AAA Michigan says gas prices statewide have fallen by about 8 cents per gallon in the past week.

The Dearborn-based auto club says late Sunday the average price for self-serve regular unleaded gasoline was about $2.34 per gallon.

That's about 12 cents more than it was at the same point last year.

AAA says the lowest average price was about $2.24 per gallon in the Flint area. The highest average was about $2.45 per gallon in the Jackson area. It's the sixth week in a row that the Jackson area recorded the highest average price in Michigan.

The former chief federal prosecutor in western Michigan has landed at a law firm in Grand Rapids. Patrick Miles Jr. resigned as U.S. attorney on the day President Donald Trump took office.

He's now joined the Barnes & Thornburg firm. Miles will focus on corporate compliance, investigations and business transactions.

He's a Grand Rapids native who was in private law practice before President Barack Obama selected him in 2012 to be U.S. attorney in 49 counties. I

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Business Happens in Heels, monthly sharing information from local ladies in business.

From Where I Sit

May 2, 2017
mibiz.com

From Where I Sit, a monthly conversation on the office furniture industry.  Analyst Mike Dunlap and a special guests join us this morning.

Frederik Meijer Gardens and Sculpture Park annually generates more than $75 million in Kent County. WGVU breaks down the economic impact study with one of its authors from Grand Valley State University’s Seidman College of Business.

Grand Valley State University logo
GVSU / gvsu.edu

During its Board of Trustees meeting, Grand Valley State University released its economic impact report. GVSU estimates its economic impact on the region, based on 2015-2016 data, is $816 million.

The 2014-2015 estimated economic value to the tri-county area of Kent, Ottawa and Muskegon Counties was $780 million. The university’s new construction and renovations projects created 1,760 trade and construction jobs and injected more than $83 million into the local economy.

Milacron DME

A global leader in plastic technology and processing is making a multi-million dollar expansion at its Greenville manufacturing facility creating new jobs.

Cincinnati-based Milacron intends to consolidate its mold technology manufacturing and fabrication operations to its Greenville facility.

Peter Smith, Milacron DME President and General Manager says the company wants to build “a world-class facility in Greenville to support our growth plans.”

Business Buzz

Apr 27, 2017
Gemini Publications

Business Buzz with Gemini Publication's Carole Valade. Carol joins us to talk about the Kent ISD Millage and the 101 Best and Brightest.

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