MEDC, Consumers Energy, DTE partner to strengthen state’s business opportunities
The rollout has begun to extend financial commitments to Michigan-based suppliers, helping small – to medium-sized businesses in the state gain a foothold with local, national and global purchasers to explore new business opportunities.
Lt. Gov. Garlin Gilchrist, Consumers Energy and DTE Energy announced the $15 billion commitment in the spring during the 2019 Mackinac Policy Conference hosted by the Detroit Regional Chamber. In the announcement, Consumers Energy vowed to double its current diversity spending, and DTE made a pledge to spend $2.5 billion over the next five years with diverse suppliers through the Michigan Economic Development Corp. Pure Michigan Business Connect initiative. Of the suppliers that will benefit from the commitment, more than half are owned by people who are racial minorities, women, military veterans, or who are part of the LGBTQ community.
“Consumers Energy made a triple-bottom-line commitment to people, the planet and Michigan’s prosperity, and we serve customers across the entire Lower Peninsula,” said Brian Wheeler, spokesman for Consumers Energy. “As a Michigan company, we know we have a role to support Michigan businesses by working with them. That’s good for the economy and helps put Michigan residents to work.”
Consumers Energy and DTE will each spend $1.5 billion with Michigan suppliers annually through 2024, for a cumulative Michigan spend of $15 billion. An average of 60 cents on every dollar being spent by the energy providers will go to a Michigan supplier during that timeframe.
DTE and Consumers Energy are founding members of Pure Michigan Business Connect. The May 30 announcement on Mackinac Island builds on $11 billion previously committed and achieved more than a year ahead of schedule.
“Our investment in Michigan businesses has created or retained 24,000 jobs over the past nine years,” said Gerry Anderson, executive chairman of the DTE Energy board of directors. “We look forward to continuing to create growth opportunities for hardworking business owners in our state, and we will continue to urge our large suppliers to focus sourcing from within Michigan as well.”
Wheeler explained the goal is to identify contractors and suppliers that help improve the quality work the company performs while reducing costs. Consumers Energy has seen through previous Pure Michigan Business Connect efforts that there are many employers in the company’s home state that do exceptional work.
“In the past, we hosted events called supplier summits in Lansing and elsewhere that connected us with Michigan businesses,” Wheeler said. “We’ll continue to work with chambers of commerce and other business groups to get the word out about our commitment to Michigan businesses. Any business that’s interested in becoming a supplier can learn more at ConsumersEnergy.com/procurement.”
Pure Michigan Business Connect will activate and coordinate a series of buyer/supplier events, including two supplier showcases for DTE and Consumers Energy purchasing teams, respectively, as well as one larger joint activity for both energy providers to bring access and exposure to a diverse, statewide network of suppliers. Concierge-level research and support also will be delivered through Pure Michigan Business Connect to each energy partner to support and grow the Michigan supplier base.
“Pure Michigan Business Connect provides Michigan companies with access to new opportunities to grow their business here in the state,” Jeff Mason, CEO of the Michigan Economic Development Corp., said in a statement. “We appreciate the continued commitment and collaboration of Consumers Energy and DTE to utilize Michigan-based suppliers and deliver a tremendous impact on the economy across the state.”
Wheeler noted that private-public partnerships such as Pure Michigan Business Connect only serve to strengthen both private industry and the state as a whole.
“Our business does well only when our state is thriving,” he said. “It’s important for us to be part of our communities and to help provide solutions that are good for Michigan residents and companies that put people to work. That takes many forms, including our PMBC commitment.”
For more information on Pure Michigan Business Connect, visit michiganbusiness.org/pmbc/.
BWL Seeks Public Input on Future Energy Plan for Region
Five Public Open Houses to be Held in November to Shape BWL’s New Integrated Resource Plan
The times, dates and locations of the five open houses are:
Nov. 6, (Wednesday), 4:30 p.m. to 7 p.m., BWL REO Depot, 1201 S. Washington Ave., Lansing
Nov. 7, (Thursday), 4:30 p.m. to 7 p.m., East Lansing Public Library (large meeting room), 950 Abbot Road, East Lansing
Nov. 13, (Wednesday), 4:30 p.m. to 7 p.m., Delta Township District Library (Elmwood Room),
5130 Davenport Drive, Lansing
Nov. 14, (Thursday), 4:30 p.m. to 7 p.m., Alfreda Schmidt Center (Community Room),
5825 Wise Road, Lansing
Nov. 19, (Tuesday), 9 a.m. to noon, BWL REO Depot, 1201 S. Washington Ave., Lansing
More information about the BWL’s energy plans can be found at www.LansingEnergyTomorrow.com