Efforts to Replace Michigan’s Lead Water Lines Could Get Big Boost
Earlier this month, the Michigan Senate approved a $3.3 billion water infrastructure bill which allocates $1 billion of those funds to replace lead service lines across the state. As communities like Flint and Benton Harbor continue to suffer from the effects of lead contaminated drinking water, Michigan Democrats are also working to replace the emergency manager legislation that has contributed to these issues. She says with $1 billion allocated to lead service line replacement, Michigan has the funding to get half of the lead pipes out of the state. “Michigan is the first state in the country to have a requirement to replace all of the lead service lines,” Betanzo says. He says this $3.3 billion water infrastructure bill signals that the Michigan Senate is starting to make real investments in the state’s water systems.wdet.org
Speedrack Products investment expected to create 164 new jobs in west Michigan
Governor Gretchen Whitmer today joined a group of business, state, and local officials to celebrate the groundbreaking of Speedrack Products Group’s new manufacturing facility in Walker, thanking the storage systems provider for their continued investment in Michigan that will create 164 new jobs.
Song Foundation donates $100K to United Way of Washtenaw County for year-end match program
ANN ARBOR – The Song Foundation has donated $100,000 to maximize impact in local COVID-19 relief efforts, announced United Way of Washtenaw County on Monday. The gift was made as a match program so that any year-end gift to UWWC’s Community Impact Fund will be matched. In March, the Song Foundation committed $1 million to the Office of Community and Economic Development of Washtenaw County to establish an emergency relief fund for small local businesses. Needs of the local community have surged since the pandemic began, putting pressure on nonprofit agencies. “We encourage employees making Community Impact Fund gifts to see whether it qualifies under their company’s matching gift program.”For more information or to make a donation, visit www.uwwashtenaw.org.
CEO of Recycle Ann Arbor discusses plans for new facility
ANN ARBOR – In mid-November, it was announced that Recycle Ann Arbor received significant investments to rebuild its materials sorting facility that had been closed since 2016. Recycle Ann Arbor came up with the rest in the largest-ever fundraising effort for the 40-year-old organization. CEO of Recycle Ann Arbor, Bryan Ukena, said the new state-of-the-art facility will eliminate the need to send the city’s recyclables across state lines. Recycle Ann Arbor will be using the shell of that building for its new facility, and will install all new equipment. The land is owned by the city, and Recycle Ann Arbor has a ground lease to lease the land and outer building.
Ann Arbor’s Workit Health raises $12 million in Series B funding round
Workit Health co-founders Robin McIntosh and Lisa McLaughlin. ANN ARBOR – Workit Health, a virtual provider of substance use disorder care, announced Tuesday it raised $12 million in its latest funding round led by FirstMark Capital. Workit Health serves individuals, employers and healthcare organizations with its evidence-based telemedicine addiction care. People at all stages of addiction recovery can access Workit’s nonjudgmental and personalized programs. “Robin and Lisa’s commitment to Workit Health’s success goes beyond what is typically described as mission-driven.
Beverage industry invests $800K to revive Ann Arbor recycling facility
ANN ARBOR – Recycle Ann Arbor was selected by the American Beverage Association to receive an $800,000 investment under its Every Bottle Back initiative to rebuild and reopen the city’s shuttered recycling facility. The closure of the city’s Materials Recovery Facility in 2016 subsequently diverted the processing of recyclable materials -- including the industry’s 100% recyclable polyethylene terephthalate plastic bottles --across state lines. “Local processing of recyclables brings a range of environmental, economic, and social benefits, creating a regional hub that will allow recycling to flourish,” Bryan Ukena, CEO of Recycle Ann Arbor said in a statement. Recycle Ann Arbor looks forward to bringing its 42 years of experience as a mission-based community recycler to the collaboration.”✉ Like what you’re reading? Overall, the beverage industry has committed to funding 11 initial projects like the reopening of the Ann Arbor recycling facility under Every Bottle Back to ensure its bottles are properly remade instead of polluting beaches, lakes or ending up in landfills.
Do you have a financial plan? Now is a great time to start one, group says
The advertiser paid a fee to promote this sponsored article and may have influenced or authored the content. Host Tati Amare chatted with Dewey Steffen, CEO and Chief Investment Officer of Great Lakes Wealth, about how to make a financial plan. Steffen suggested preparing a financial plan now for 2021. Great Lakes Wealth also started a program called “Our Fee to Your Charity.” This helps the new client and existing clients give back. If you become a new client before Dec. 31, the company will donate half of their fee to your chosen charity.
Build wealth for your family while giving back to the community
Host, Jason Carr chatted with Dewey Steffen, CEO and Chief Investment Officer of Great Lakes Wealth, about how they can help you prepare for the future. Great lakes Wealth is a registered advisory firm in Northville, Mi. Great Lakes Wealth suggests preparing a financial plan now for 2021. They also started a program called " our fee to your charity" This program helps the new client and existing clients give back. If you become a new client before December 31st, Great Lakes Wealth will donate half of their fee to your chosen charity.
Whitmer, Huntington announce $5 billion commitment toward Michigan businesses, housing, community
Gretchen Whitmer and Huntington have announced a $5 billion commitment toward Michigan businesses, affordable housing and community efforts. The five-year lending, investment and philanthropic plan aims to help improve financial opportunities for Michigan businesses, consumers and communities. It’s part of a $20 billion community plan Huntington Bancshares announced Sept. 1. The plan will evolve as Huntington listens and takes action to meet the changing needs of Michigan’s communities, according to state officials. “This is an opportunity to take a more deliberate approach toward investing in the people and businesses that will have the greatest impact in our communities,” Michigan Lt. Gov.
Amazon contributes $200,000 to University of Michigan philanthropic venture fund
ANN ARBOR Amazon has made the first corporate gift to the University of Michigans Accelerate Blue Fund, a philanthropic venture fund aimed at investing in and commercializing technologies developed at the U-M. Accelerate Blue will make investments in U-M tech startups working on various technologies in areas like artificial intelligence, cybersecurity, mobility and sustainability. Returns on investments go back into the fund which creates a source for evergreen funding -- funding that is done incrementally. Through the $200,000 donation from Amazon, Accelerate Blue has collected around $1 million, half of its 2020 goal. The Accelerate Blue Fund was approved by the Universitys Board of Regents in October 2019 and created by University of Michigan Tech Transfer, a U-M unit responsible for commercializing U-M research discoveries.
University of Michigan to receive up to $130M to commercialize drug discovery
ANN ARBOR The University of Michigan and health care investment firm Deerfield Management Co. announced Wednesday a new partnership with the aim of developing life-saving drugs and disease treatments. Deerfield has committed up to $130 million over the next decade in biomedical research at U-M. The University of Michigan has a strong legacy of drug discovery and translation, Rebecca Cunningham, U-M vice president for research said in a news release. Great Lakes Discoveries will support all preclinical stages of drug development and discovery. "With its vast research platform, the University of Michigan is the ideal partner and we look forward to the innovations that we expect this alliance will bring.