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DBusiness Daily Update: MEDC Initiative Sends $10M to Nearly 700 Small Businesses, Oregon Company Creates 300+ Metro Detroit Jobs, and More

DBusiness Magazine
DBusiness Daily Update: MEDC Initiative Sends $10M to Nearly 700 Small Businesses, Oregon Company Creates 300+ Metro Detroit Jobs, and More
Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies, including updates about the COVID-19 pandemic. To share a business or nonprofit story, please send us a message.
Courtesy of Bridge, as of March 4
Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies, including updates about the COVID-19 pandemic. To share a business or nonprofit story, please send us a message. ....

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DTE Energy reports strong 2020 financial results; reaffirms guidance for 2021

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
DTE Energy reports strong 2020 financial results; reaffirms guidance for 2021
DTE EnergyFebruary 19, 2021 GMT
Ranked highest for customer satisfaction in Midwest by gas customers
Launched voluntary carbon offset program for gas customers and doubled voluntary electric renewable program
Leveraged operating efficiencies to hold customers’ rates flat through 2021
Achieved year-over-year improvements in electric reliability
Provided community pandemic support through $21 million in DTE Energy Foundation grants
Invested $2.2 billion with Michigan-based companies
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DETROIT, Feb. 19, 2021 (GLOBE NEWSWIRE) DTE Energy (NYSE:DTE) today reported 2020 earnings of $1.4 billion, or $7.08 per diluted share, compared with $1.2 billion, or $6.31 per diluted share in 2019. ....

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DTE invests over $2B in Michigan businesses, $75M in West Michigan - Grand Rapids Business Journal

Grand Rapids Business Journal
Photo by iStock
DTE Energy announced it invested $2.2 billion with Michigan businesses in 2020, creating and sustaining more than 10,400 jobs across the state and exceeding its annual commitment by $200 million.
DTE has invested $13.7 billion with Michigan-based vendors since 2010, creating and sustaining 44,000 Michigan jobs. The company invests nearly five times more with local businesses than it did a decade ago.
“Doing business in the communities we serve helps Michigan companies grow and puts more people to work in the process,” DTE Vice President and Chief Procurement Officer Tony Tomczak said. “We have an unwavering commitment to improve the state’s economy. This is even more important during the pandemic; it drove us to deepen our support in 2020.” ....

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