The Right Place CEO shares 40 years of economic development strategies in Grand Rapids

The Michigan House of Representatives held a pivotal meeting on May 14, 2025, focusing on corporate subsidies and state investments, with significant discussions surrounding economic development strategies and the future of local industries.

A key highlight was the presentation by the president and CEO of The Right Place, who shared insights from his extensive 30-year career in economic development. He emphasized the importance of collaboration among regional business leaders, which has been instrumental in transforming the Greater Grand Rapids economy over the past four decades. The organization, celebrating its 40th anniversary, has played a crucial role in fostering a robust economic environment by connecting local manufacturers with global markets and attracting foreign direct investment.

The CEO outlined the strategic evolution of the region's economy, which has diversified from a manufacturing base to include health sciences and technology sectors. This shift has positioned West Michigan as a leading growth engine in the state, outpacing national averages in exports and attracting over 150 international companies.

A significant topic of discussion was the timeline and incentives related to the Goshen project, a Chinese battery manufacturer looking to establish its first U.S. production facility. The CEO provided a detailed overview of the project's development, highlighting its potential impact on local job creation and economic growth.

The meeting underscored the ongoing commitment of Michigan's leadership to support strategic investments that drive economic development and enhance the state's competitive edge. As the region continues to adapt and grow, stakeholders remain focused on leveraging opportunities that align with the evolving global economy.