JACKSON — Consumers Energy is making good on a five-year commitment to Michigan businesses, announcing today that it has spent over $1 billion in less than a year with employers based in the Great Lakes State.
“By investing in our home state of Michigan, we are helping businesses grow. That leads to our state being a better place to work and raise a family,” said Dan Malone, Consumers Energy’s senior vice president of energy resources. “We are following through on our word and are even ahead of schedule, putting our dollars into Michigan businesses and creating jobs.”
Consumers Energy committed last spring to spending $5 billion with Michigan businesses over the next five years. Since June 2015, the energy provider has spent over $1 billion with nearly 3,000 businesses in 71 Michigan counties.
In addition, Consumers Energy actively encourages its Michigan-based suppliers to use sub-contractors and suppliers based in the state through its “Pay It Forward” program to help stimulate economic growth.
Consumers Energy was one of the first members of Pure Michigan Business Connect. The public-private alliance of the Michigan Economic Development Corp., state agencies and major Michigan employers works to connect in-state companies to business resources. As part of that commitment, the energy provider increased its spending with Michigan employers by $1 billion from 2011 to 2015, reaching its goal a year ahead of schedule.
Consumers Energy, Michigan’s largest utility, is the principal subsidiary of CMS Energy (NYSE: CMS), providing natural gas and electricity to 6.7 million of the state’s 10 million residents in all 68 Lower Peninsula counties.
More at www.ConsumersEnergy.com.