Tagged: economy

Pages

Arts/Culture
6:28 am
Fri January 28, 2011

The Cost of Creativity - A Radio Documentary

The Cost of Creativity

Part 1

Part 2

Part 3

Thanks to the following Michigan musicians, whose songs are featured in the documentary:

Ben Benjamin, Luke Winslow-King, Midwest Product, and The Red Sea Pedestrians.

Read more
Politics
4:43 pm
Thu January 27, 2011

Proposal calls for revenue sharing based on population

Proposals for different ways the state delivers payments to local governments for services are bubbling up at the state Capitol.

A bill in the state Senate would distribute revenue sharing payments to cities, townships and villages based on population.

Read more
Auto/Economy
4:28 pm
Thu January 27, 2011

Levin calls for more hybrid car tax credits

Credit http://www.house.gov/levin/
Congressman Sander Levin

A Michigan Congressman says U.S. automakers need more help to sell large numbers of electric and hybrid vehicles.

The Obama administration has set a goal of one million plug-in hybrid vehicles on the road by 2015.

There’s already a federal tax credit of $7,500 to help defray the cost of buying a hybrid or electric car.   But there’s a cap on how many of the credits are available to each automaker. 

Read more
Politics
4:04 pm
Thu January 27, 2011

Repeal of item pricing law introduced in the legislature

Legislation to repeal the Michigan law that requires every item on store shelves to carry a price tag has been introduced in the state House.

Governor Rick Snyder called for an end to the 35-year-old item-pricing law last week in his State of the State address.

He says the law is outdated, and repealing it would send a message that Michigan is a business-friendly state.

Read more
Auto/Economy
1:07 pm
Thu January 27, 2011

GM plans to "go green" without government help

Credit user santoshkrishnan / wikimedia commons
GM says it won't apply for low-interest government loans.

The new GM has been turning a corner of late. It posted three profitable quarters last year:

  • $865 million in the first quarter
  • $1.6 billion in the second quarter
  • $2.1 billion in the third quarter

(still waiting on fourth quarter numbers)

Now, in another sign of financial health, the auto company says it will no longer seek government loans to help it modernize factories:

From the Associated Press:

Read more
Economy
5:37 pm
Tue January 25, 2011

Could pizza pans help diversify the Michigan economy?

Credit Allan Chatto / Flickr
Jet's Pizza owner took it upon himself to find a way to make the pizza pans

Sylvia Rector, a Detroit Free Press Restaurant Critic, has a nice little piece in the Freep about a shortage of pizza pans around the state.

The pizza pan of choice for local restaurants is a blue steel pan that was once made in West Virginia.

The pans were never intended for baking. They were designed to hold small parts in factories.

Overtime the pans "became the pan of choice for nearly every big name in Detroit-style pizza" (Rector describes Detroit -style pizza like this "dough for the thick but airy crust, absurd amounts of cheese and ladles of rich, long-simmered sauce").

But the company moved its operation to Mexico, and they haven't been able to get production up and running.

Pizza makers were distraught. They needed the pans. From the article:

Restaurant supply companies here -- and apparently everywhere else -- have been out of them for many months.

Pizza makers' orders for pans are stacking up by the thousands and causing problems for big chains and small independents alike.

"You wouldn't even believe how many pans we have on back order" -- at least 4,000 small and medium sizes and 700 extra larges -- says Patti Domasicwicz at People's Restaurant Equipment in Detroit. She hasn't received a shipment since April.

One pizza maker couldn't wait. So he took it upon himself to start making the pans in Michigan.

Eugene Jett, co-founder of Jet's Pizza, says he found a manufacturer that would do it:

"They're cutting them as we speak...The first thing is for me to get my pans...It took me a long time to figure out how to get them done...But I decided then, I will build my own pans."

Rector writes that if the manufacturer thinks the pans will be profitable, they might put the pans into full production.

Perhaps another sign that Michigan is diversifying it's economy.

Read more

Pages