Michigan Economy

With little pine left to harvest, foresters and sawmills worry what the next several years will look like until newly planted trees can replace what the ice storm took away.

The Michigan Economic Development Corporation said in a letter made public on Thursday that the Chinese company Gotion Inc. has not met its contractual obligations.

The federal essential air service program subsidizes airlines that serve low-traffic rural airports. Amid the ongoing federal government shutdown, essential air service funding is set to expire in early November. Airlines providing essential air service said they would continue flying even if funding expires.

Indigenous Michiganders can compete for thousands of dollars of funding for a startup idea.

The proposed new wholesale tax on marijuana products to fund road repairs in the next state budget and years down the road is much too high and would result in job losses for a booming Michigan cannabis industry, advocates and lawmakers said Tuesday as they rallied for a lower tax rate.

Northern Michigan’s agriculture industry is feeling the impact of rising costs, supply shortages and less research funding, among other things that benefit farmers.

Northwest Habitat for Humanity is growing to provide more affordable homes for Michigan residents.

As the minting process stops and the coins are phased out, businesses will be instructed to round their change up or down five cents to accommodate the anticipated discrepancy for cash payments.

A new survey says northern Michigan companies are concerned about uncertainty of new federal tariff policies. The findings touch on hiring, sales and overall impact.

“The inconsistency in which these tariffs are threatened and applied has created a very difficult environment for business owners,” said Bill Hallan, CEO of the Michigan Retailers Association.