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ECONOMIC NEWS

Check back often to find out the latest developments in Chippewa County.…

Posted on October 19th, 2017

CCEDC names new President/Executive Director

After a nationwide search and screening process the Board of Directors of the Chippewa County EDC is pleased and excited to welcome a local young man, Chris Olson, as their President/Executive Director.

Board Chairman Don McLean commented, “Chris brings with him extensive experience in Program Management and Business Development and a network of business connections that will be beneficial to the EDC’s efforts to assist and expand local businesses and bring new businesses and jobs to our area. He has the personality and background that will enable him to work well with other economic development agencies at a time when our region wide Logistics Study is reaching completion. We look forward to a bright and exciting future for area economic development under his leadership.”

Olson was born and raised in Sault Ste. Marie. He earned a Bachelor’s degree in Mechanical Engineering Technology from Lake Superior State University, an Executive MBA at Baker College in Flint, MI. and post masters coursework in Finance at Oakland University, in Rochester, MI.

Olson lived and worked in the Detroit area for 20 years in Engineering, Program Management, Business Development, Manufacturing, and Quality in the automotive and industrial markets. Most recently he worked as a …


Posted on August 27th, 2017

Kincheloe Celebrates 40 Years of Progress

Saturday 40 September 30th will be a celebration of 40 years of successful conversion from military to civilian use of the former Kincheloe Air Force Base.  The area has been transformed into a dynamic community that is the home of three Department of Corrections facilities, Chippewa County International Airport, and manufacturers and businesses that employ hundreds.

Celebrate the progress with us Saturday, September 30th. The Open House from 9:00AM to 4:30pm will feature displays of military memorabilia, airplanes, equipment, and manufacturers products .
 
At 9:00AM The public is invited to participate in a 5k torch run on the runway and taxiway, put on by the Department of Corrections & Kinross Lions Club to benefit Special Olympics of Michigan and the Kinross Lions. At 10:15 a.m. the public is invited to walk the 7,200 foot main runway and starting at 11:30 a.m. kids and adults are invited to bike the runway. Food will be available from the Kinross Lions Club.

Throughout the day see displays at the airport terminals and aircraft hangars. • Military and civilian aircraft •General Motors automobiles • Sports Car Club of America cars and race videos • Displays from Air/Industrial Park manufacturers • The Michigan DOC …


Posted on March 7th, 2017

LSSU President Pleger shares UNIVERSITY UPDATE

lssuplegerbookcase2791c(What follows is an open letter from Lake Superior State University President Tom Pleger to LSSU and both Sault Ste. Marie communities)

SAULT STE. MARIE, Mich. – Lake Superior State University opened its doors over 70 years ago under the GI Bill in 1946. At that time, it was an access institution founded as a branch college to serve returning World War II veterans. From its historic Fort Brady roots, LSSU has grown to offer a wide array of academic programs, extracurricular programs, and community outreach programming.

            Today, public higher education is changing at an unparalleled pace. Lake State continues to be an institution that provides outstanding value and access to higher education opportunities, not only for our students, but also for the communities we serve. However, we need to look toward the future and plan accordingly to position LSSU to meet the demands of Michigan and the region’s future needs.

            As we look to the future, LSSU is positioning itself for long-term sustainability and growth, a focus on excellence, a continuous mode of academic program review and update, and a plan for maintaining and enhancing our facilities. We are moving ahead with a new health care Simulation …


Posted on September 22nd, 2016

Bald eagle to launch from the Mackinac Bridge

Mighty+MacSeptember 22, 2016 — First he was simply called “The Manistee Eagle,” indicating the county where he was rescued. Now he’s dubbed “Mighty Mac” in honor of the location where he’ll be released back into the wild on Tuesday, Oct. 4.

The Mackinac Bridge Authority (MBA) is assisting in the release of bald eagle Mighty Mac with Wings of Wonder (WOW), the Empire-based raptor sanctuary and rehabilitation center. The current plan is for a release from either a bridge tower or from an anchor pier, the location where the bridge’s main cables connect to piers, depending on wind conditions, logistics of getting the bird to the tower top, and precautions taken for the bird’s health and safety. The release is tentatively scheduled for 2 p.m.

WOW founder and Director Rebecca Lessard was first approached about doing a release from the bridge by MBA Chairman William Gnodtke, a member of the organization who has attended other releases of recovered raptors.

“Anyone who has ever attended the release of a rehabilitated raptor knows just how amazing it can be to witness,” Gnodtke said. “To have Mighty Mac, a symbol of our nation, released from our iconic bridge will be both thrilling and …


Posted on August 24th, 2016

International Bridge capital projects

smba-lttrhed-8-16_originalFast facts:
– Some capital projects at the Sault Ste. Marie International Bridge are being rescheduled in an effort to take advantage of new technology and save money.
– The Sault Ste. Marie Bridge Authority (SSMBA) board of directors received updates on planned bridge maintenance projects at its meeting Thursday.
– The SSMBA board welcomed new Canadian board members Micheline Dubé and Anthony Pickett.

August 19, 2016 — Capital projects at the Sault Ste. Marie International Bridge are being rescheduled in an effort take advantage of new technology and to save money.
           The Sault Ste. Marie Bridge Authority (SSMBA) board, the bi-national body supervising operations of the International Bridge, had its quarterly meeting Thursday. The board received updates on bridge maintenance projects, which had been scheduled to begin this year.
           Painting of the bridge’s Canadian arch was slated for 2016. IBA officials are investigating promising new alternative coatings for use in future major painting projects and the bridge’s own maintenance painting efforts. A test of a new coating system will be completed this year on several spans on the south side of the bridge.
          “The Canadian arch painting project will be re‐tendered for 2017 due to higher-than-expected bids, allowing us


Posted on August 24th, 2016

LSSU President Pleger’s institutional vision

Posted: August 24th, 2016

(What follows is an open letter from Lake Superior State University President Tom Pleger to LSSU and both Sault Ste. Marie communities)

As a new school year approaches and the students return to our community, I want to share an update with the campus and Sault Ste. Marie communities on where Lake Superior State University and Michigan higher education are heading.

LSSU is in the midst of a transformation. We are evolving to better serve our students, community, and the region. Our efforts are focused on changing our Culture, Academics, Finances, and direction towards stabilizing and growing our Enrollment (CAFE). Here are some of the initiatives we have started.

Culture. LSSU is embracing “Students First”. As the smallest public university in Michigan, we should be number one in student success and support. To that end, we have reorganized our front door student services to a “First Stop” model. This is becoming the norm in smaller institutions, allowing for greater efficiency and is an immediate point of reference for students to get help with financial aid, housing, student support and other campus services.


LSSU President Tom Pleger

This summer, we opened our campus’ cultural center (the


Posted on August 22nd, 2016

Sault, Ontario maxes out $175,000 legal bill in Essar tax case.

From SooToday.com

City councillors will be asked Monday to approve an additional $100,000, bringing the total legal bill to more than a quarter million dollars.

By September 6, when the City of Sault Ste. Marie’s final 2016 tax bills are due, Essar Steel Algoma will owe $21.3 million in property taxes.

The city’s legal efforts to collect that money are turning out to be more expensive than anticipated.

City Council will be advised on Monday that the Toronto lawyers representing the city, have already spent all of the $175,000 allocated for the case.

Councillors will be asked to approve an additional $100,000 to protect the city’s interests in the complicated proceedings.

City Treasurer Shelley Schell says the lawyers made extensive, costly preparations for their cross-examination of Essar Steel Algoma.

“Another factor affecting the fees of the restructuring lawyer is review of the multitude of other motions filed, such as the ad hoc committee of lenders and the Port of Algoma, all which could have implications to the city’s position,” Schell said.

“In light of the dismissal of the city’s motion seeking payment, it is prudent that we continue to be involved with the proceedings to secure our property lien status.”…


Posted on August 22nd, 2016

7 things every business startup must know

handshake-business-2jpg-00edd7a38909f9ffFrom Bridge Magazine By Mike Wilkinson

So you’ve got this great business idea, one that will liberate you from your current job or offer a lifeline after losing one.

With Michigan hurt by a marked decline in the number of new businesses created in the last decade, you think your idea is a sure-fire winner. Your husband thinks it’s a great idea, too, as does your Aunt Irene. Can’t fail, right?

Hold on a minute.

Business leaders contacted by Bridge Magazine for our recent article on the dearth of entrepreneurs in Michigan say they see new business owners make the same, critical mistakes that, with some work, can be avoided.

Here are their tips on what steps to take ‒ and avoid ‒ to help your business succeed.

Stage 1: Planning your business

MAKE A BUSINESS PLAN

Before you quit your job and buy that commercial sewing machine, experts are unified on the need for a sound, well-thought-out business plan.

Banks require them, as does any lender. A business plan outlines how your product or service will sell, the costs involved, the marketing required. It is a blueprint for success, and a great way to identify gaps or weaknesses in …


Posted on August 17th, 2016

Gov. Rick Snyder requests MISO to study benefits of better electrical connections between Michigan’s two peninsulas and Canada

Image2LANSING, Mich. – Governor Rick Snyder today asked the Midcontinent Independent System Operator (MISO), the regional transmission operator for most of the state, to study the near and long-term benefits of electric transmission and generation expansion in MISO’s northern footprint to determine if there is an opportunity to lower costs while increasing reliability in the future.

“Since Michigan has some of the highest prices for transmission in the MISO footprint, it makes sense to ask whether, in the long term, we can all spend less while increasing reliability by strengthening our ties to each other and our neighbors,” Snyder said.

“Michigan is in the middle of a transformation of our energy infrastructure in both peninsulas, and Ontario’s generation has changed a great deal, including the area just across the Soo,” added Valerie Brader, executive director of the Michigan Agency for Energy, who joined in the request. “This study will help us identify whether, due to all these changes, there are new opportunities for infrastructure that will make Michigan more adaptable.”

Specifically, in the request, the Governor is asking for MISO to study connecting Michigan’s eastern Upper Peninsula (part of MISO’s Zone 2) up to Sault Ste. Marie, Ontario, and also …


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