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Economy
5:46 pm
Mon February 28, 2011

Engineers in Grand Rapids will design control systems for new U.S. Air Force tank fleet

Credit Boeing
Boeing NewGen Tanker refuels the Boeing family of 737-based air battle management systems. (Boeing photo illustration)

The Air Force announced last week it picked Boeing over rival Airbus to build 179 new planes that refuel other planes while flying. GE Aviation Systems in Grand Rapids will design and build computerized mission control systems for the planes – known as tankers.

GE Aviation Systems General Manager George Kiefer says the contract is a great opportunity for engineers at his company.

“Typically, you’ll end up with – during your career – two or three or four new aircraft programs like this, if you’re lucky.”

Kiefer says the Grand Rapids location will be able to maintain 100 engineering positions thanks to the contract. Over time he says the company will create another 50 jobs. Those new jobs will be spread amongst the group’s facilities in Grand Rapids, Florida and the United Kingdom.

Auto
3:41 pm
Mon February 28, 2011

High-tech rearview mirror maker watching federal regulations that could boost bottom-line

Credit Gentex Corporation
The National Highway Transportation Safety Administration is considering federal regulations that would require all new vehicles to have back-up camera displays by 2014. Gentex’s rear-view mirror display is one option for automakers.

When you think high-tech you probably don’t think about car mirrors. But now you can use your car rearview mirror to open your garage door, see how cold it is outside and call your mom. One of the nation’s leading car mirror manufacturers is Zeeland-Michigan-based Gentex Corporation. New federal safety regulations set to be finalized soon would significantly boost the company’s business.

Gentex designs and builds rearview mirrors with embedded video display; sort of like a TV with picture in picture. The built in screen displays the picture from a tiny camera mounted on the back of a vehicle.  

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Auto/Economy
10:49 am
Mon February 28, 2011

Snowstorms didn't dampen February car sales

It's not unusual for a big snowstorm to hurt business at new car dealerships.

But it appears that February car sales in the U.S. improved over the same month a year ago, even though much of the country experienced more than one big snowstorm.                           

Car sales could be up 19% as a fair number of people trudged through snow-covered lots to buy a car.  That could be a sign that the pent-up demand that built up over the recession is now being released at a steady pace. 

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Crime
5:18 pm
Fri February 25, 2011

Michigan-based company's security training leads to arrest of terror suspect

Credit infotruck.blogspot.com
Security training at Con-Way Freight helped employees spot a shipment of chemicals that led to the arrest of a man suspected in a terror plot.

A Michigan-based company is being credited for detecting a shipment of chemicals thought to be part of a terrorist plan to blow up U.S. targets.

Con-way Freight of Ann Arbor has a Homeland Security program in which employees are trained to spot suspicious shipments.

That program paid off this week when a worker found a package of a chemical called phenol being shipped to Lubbock, Texas.

Con-way managers notified the FBI and a 20-year-old student from Saudi Arabia was arrested.

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Economy
3:15 pm
Fri February 25, 2011

Great Lakes generate more than 1.5 million jobs, study finds

Credit merchantmarinejobs.org
More than 500,000 Michigan jobs are directedly related to the Great Lakes.

The Great Lakes have a bigger impact on Michigan’s economy than many people  may realize.

The Michigan Sea Grant says more than a million and a half jobs are directly connected to the Great Lakes.

Those jobs generate more than $62 billion in wages every year.

"This is the second time we've done this analysis," says Jennifer Read of Michigan Sea Grant. "And it's always surprising -- to me, at least --  the extent of the jobs that are directly related to the Great Lakes, across multiple sectors.  It's just a huge impact.

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Commentary
12:18 pm
Fri February 25, 2011

General Motors Wins a Star

Two years ago, when President Obama decided to spend billions to prop up General Motors, and then to guide it  through a cushioned, “soft landing” bankruptcy, there were a lot of doubters. Many thought nature should have been allowed to take its course, and that the once-mighty General should have been allowed to die.

At the time, a commentator on NBC News said “As the GM bailout goes, so goes the Obama presidency.”

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Economy
10:39 am
Fri February 25, 2011

Gas prices & Michigan retailers

Rising gasoline prices threaten to take some of the optimism out of a rosy new forecast for retail sales in Michigan.  A recent survey of Michigan retailers finds 76% expect to see their sales improve this spring. 

  Good holiday sales are lifting many business owners expectations for the year ahead. 

Tom Scott is with the Michigan Retail Association. Scott says the survey was taken before gasoline prices spiked this week.   He says high gas prices could be a problem for retailers.

 “But the bigger concern, more than just their own delivery trucks, is generally the effect on consumers.  And of course, every dollar a consumer puts in his or her gas tank is a dollar that can’t be spent at the store.”

Scott says a few years ago when gas prices reached four dollars a gallon, retail sales dried up.  But he says pent up consumer demand may keep the customers coming, even with high gas prices.

Economy
3:19 pm
Thu February 24, 2011

Consumers Energy asks for energy surcharge reduction

Credit newsmagazineblog.com
Consumers Energy says it produces about five percent of its power from Michigan-based renewable projects.

In 2008, Michigan enacted a new energy law. It requires power companies to produce 10 percent of their power from Michigan-based renewable sources by the year 2015.

Now Consumers Energy is asking state regulators for permission to reduce customers’ bills by about $55 million.

Consumers spokesman Dan Bishop says the company is on track to reach that goal, with about five percent of its power now coming from renewable sources.

And that’s why Consumers says it wants to put a little bit of money back into its customers’ pockets.

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Economy
11:58 am
Thu February 24, 2011

Pure Michigan funding bill on the way to governor's desk

Credit (photo by Steve Carmody/Michigan Radio)
Thinking of summer days along the Lake Michigan shoreline

A bill that would fund the Pure Michigan ad campaign for the entire year will soon be on its way to Governor Rick Snyder for his signature. The Legislature has approved the additional dollars to keep the campaign on airwaves through the busy tourism months. 

Republican state Senator Geoff Hansen says the funding had to be approved this week before ad-buy costs go up. 

"It was more important that we got it done right now because every day that we delay this means that we’re going to have that less of a chance to buy the ads that we need. We can buy more now than we can in a week, so it was just so important to get it done.”  

The state will tap a venture capital fund to pay for the ads for the balance of this year. Hansen says lawmakers still need to find a permanent funding source for the Pure Michigan ad campaign. But he does not think they will deal with that issue until next year.

Auto/Economy
11:56 am
Thu February 24, 2011

More big recalls for Toyota

Credit IFCAR / wikimedia commons
The 2006 Lexus GS 300 is part of the latest Toyota recall

If you own a Toyota or a Lexus, your floor mat or the floor carpet could inadvertently help you put the pedal to the metal.

Toyota has announced two recalls and has amended it's 2009 "Potential Floor Mat Interference Recall."

Altogether, more than 2 million vehicles are involved.

The company says the recalls are "voluntary," but the federal government says it requested that Toyota recall these additional vehicles after their investigation into Toyota's unintended acceleration problems.

From USA Today:

This should be the end of it, according to NHTSA administrator David Strickland. "The National Highway Traffic Safety Administration reviewed more than 400,000 pages of Toyota documents to determine whether the scope of its recalls for pedal entrapment was sufficient. As a result of the agency's review, NHTSA asked Toyota to recall these additional vehicles, and now that the company has done so, our investigation is closed."

Here are the cars involved in the recalls and amended recalls:

  • Lexus GS 300 - model year 2006 and early 2007
  • Lexus GS 350 All-Wheel Drive - model year 2006 and early 2007
  • Lexus  RX 330 - model year 2004 through 2006 and early 2007
  • Lexus RX 350 - model year 2004 through 2006 and early 2007
  • Lexus RX 400h - model year 2004 through 2006 and early 2007
  • Highlander - model year 2004 through 2006
  • Highlander HV- model year 2004 through 2006
  • 4Runners - model year 2003 through 2009
  • Lexus LX 570 - model year 2008 through 2011
  • RAV4 - model year 2006 through 2010

You can also check to see whether your car is recalled by entering your Vehicle Identification Number, or VIN on Toyota's website.

The company says Toyota and Lexus dealers will implement the new and amended recalls at no charge to the vehicle owners.

Michigan Radio's Tracy Samilton is following this story and will have an update later today.

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