Remora is opening its first factory in Wixom as the nation’s top truck haulers use the technology to cut carbon dioxide emissions. The company sells the captured CO2 to other industries, co-CEO Paul Gross explains in a Q and A.
Business Watch
Covering the intersection of business and policy, and informing Michigan employers and workers on the long road back from coronavirus. Our Michigan Economic Dashboard shows key metrics that show how the state is performing.
Posted inBusiness Watch
Business leaders silent so far on the fate of abortion access in Michigan
Business officials said companies are reluctant to weigh in on every social issue, whether they support it or not. In polarizing times, they say, they can’t win either way, but staying silent can present its own problems.
Posted inBusiness Watch
Up North businesses are buying housing just to lure summer staff
Housing is already scarce in northern Michigan. Now businesses, faced with hiring for the billion-dollar tourist season, are finding their own solutions: Buying motels, leasing camp spaces and asking for rooms in houses.
Posted inBusiness Watch
Small Michigan business struggles with inflation but not its social mission
EveryBody Inc. faces many pressures hitting small businesses across the state — but not a labor shortage. It was founded to employ people with cognitive disabilities, and aims to grow despite higher prices and scarce supplies of materials like shea butter.
Posted inBusiness Watch
Bacon, labor, materials: Inflation pounds Michigan businesses
Behind the consumer price hikes are businesses that are grappling with the same increase — like gas, which increases shipping costs. But they also face still more pressures: Rising wages, more expensive raw materials and uncertainty about their inventory.
Posted inBusiness Watch
Michigan Republicans want to forbid remote work for most state staffers
Michigan employees are due back in offices by May 1, but Republicans want to outlaw working from home, tying department funding to new rules.
Posted inBusiness Watch
Michigan jobless agency pauses collections in alleged overpayment cases
The temporary pause on collections against 398,000 could result in repayment waivers for workers who’d received benefits and later were told they were ineligible. But an extensive review awaits first.
Posted inBusiness Watch
A northern Michigan restaurant survived the pandemic, but not inflation
Sales were brisk at Up North Family Cafe for two years, and it expanded. But now increased costs while customers seem worried about their own finances are insurmountable. The restaurant will close Friday.
Posted inBusiness Watch
New homes demand is high in Michigan. So are builder costs — and prices
Home construction should be in a new ‘golden age,’ builders say, since existing home listings keep falling. But builders say cost pressures and supply shortages still plague them, in turn affecting affordability.
Posted inBusiness Watch
Watch Bridge’s Lunch Break about Michigan’s economy
Bridge Michigan business editor Paula Gardner moderated a Zoom discussion with three economic leaders about the future of Michigan’s economy.