business

Denso Manufacturing Michigan Inc. will add 100 jobs in a $53.6 million expansion of its auto components manufacturing operations in Battle Creek. The Michigan Economic Development Corporation announced the expansion plans Wednesday, saying the company has been awarded $640,000 in state funding through a business development performance-based grant. (Battle Creek Enquirer)

OSHTEMO TOWNSHIP, MI -- Western Michigan University is seeking support from Kalamazoo County as the institution plans a massive expansion of its business technology and research park in Oshtemo Township. Representatives from WMU, Oshtemo and Southwest Michigan First spoke with Kalamazoo County commissioners Tuesday about partnering to secure $3.5 million to fund infrastructure installation and land preparation on 44 acres of Colony Farms Orchard, land owned by WMU at the northwest corner of Drake Road and Parkview Avenue near the existing business park. (Kalamazoo Gazette)

General Motors Co. said Monday said it will buy back $5 billion in company shares and has reached a deal with activist investor Harry J. Wilson, who will withdraw his request for a board seat and shareholder proposal. The buyback will begin immediately and continue through the end of 2016, GM said. (Detroit News)

Kellogg Co. has rejected a Grain Millers union initiative to start early negotiations on the master contract that covers four cereal plants, the Battle Creek union president said Monday.

While Gov. Rick Snyder famously campaigned against the government picking winners and losers, the state's economic development agency during his first term made a clear bet on one segment of the Michigan economy: manufacturing. Despite the Snyder administration's evolving economic development strategy, its focus on providing incentives to manufacturing companies looking to grow or expand in the state has remained constant.

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