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Ashley Gray Promoted to Director

Ashley Gray Promoted to Director
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MSU's growth to net Kent County $339M annually - Grand Rapids Business Journal


Grand Rapids Business Journal
MSU’s growth to net Kent County $339M annually
Partners publish study on the future economic impact of the four buildings that comprise MSU’s Medical Mile presence.
Courtesy Michigan State University
Michigan State University College of Human Medicine officials recently published a study outlining the future economic impact of the four buildings that comprise MSU’s Grand Rapids presence on the Medical Mile.
The buildings include the Secchia Center, the MSU Grand Rapids Research Center, and two buildings under construction: the Doug Meijer Medical Innovation Building and Perrigo Company’s North American corporate headquarters, which in the report was dubbed “Building 4.” ....

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Michigan Outpaces Country In Economic Recovery


When the pandemic hit Michigan and the rest of our country, businesses were shut down and jobs vaporized. The second month of the pandemic, April 2020, Michigan s unemployment rate hit 23.6%. Now in April 2021 it stands at 5.1%. The Michigan Department of Labor reports the lowest number of unemployment claims since the pandemic began, now at just 576,000.
Dr. Brian Long, the director of supply management research for Grand Valley State University’s Seidman College of Business, says automotive manufacturing has led Michigan’s economic revival, while one West Michigan staple is left up in the air. “The other thing that has hurt in this pandemic is the office furniture business,” Long told News 8. “Fourteen percent of the world’s office furniture was made here in West Michigan. Now, I don’t know if that still is or not because we are redefining what the office is. Sales for these industries are down, except for those that are selling to the home office market. Unfor ....

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Perrigo breaking ground on Grand Rapids HQ today


Perrigo’s headquarters will join the Secchia Center, MSU Grand Rapids Research Center and Doug Meijer Medical Innovation Building in Michigan State University’s Innovation Park.
The four buildings are expected to be a boon for Grand Rapids, injecting $339 million into the economy each year while supporting 2,017 jobs and $142 million more in yearly earnings, according to study results released earlier this week by MSU.
Perrigo alone is expected to invest nearly $45 million over the next 15 years of its lease agreement, creating 170 high-paying jobs within the local economy.
The benefits of MSU’s Innovation Park extend beyond money. The study conducted by Grand Valley State University’s Seidman College of Business concluded the development makes Grand Rapids a “magnet for recruiting top researchers,” benefiting the nearby Van Andel Institute and Spectrum Health and potentially leading to more business spinoffs in the health and sciences sector. ....

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MSU's Medical Mile buildings bring $339M annual economic impact to Kent County: report


MSU s Medical Mile buildings bring $339M annual economic impact to Kent County: report
FOX 17 NEWS
and last updated 2021-04-12 16:02:50-04
GRAND RAPIDS, Mich. — Michigan State University College of Human Medicine officials announced on Monday the results of a study outlining the future economic impact of the university’s four buildings on Grand Rapids’ Medical Mile – netting Kent County about $339 million in annual economic impact.
The university’s Medical Mile buildings include the Secchia Center, the MSU Grand Rapids Research Center and two buildings under construction: the Doug Meijer Medical Innovation Building and the Perrigo Company plc North American Corporate Headquarters. ....

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