LANSING, Mich. — An announcement made at the 2019 Mackinac Policy Conference stated that Lt. Governor Garlin Gilchrist, DTE and Consumers Energy will work together to uphold a $15 billion commitment to spend with Michigan-based companies.
The commitment will span over the next five years through Michigan Economic Development Corporation's Pure Michigan Business Connect (PMBC).
In addition, a commitment to increasing supplier diversity will also be in the works for the next five years. Specifically, Consumer's Energy is committing to doubling current diversity spend and DTE is committing to $2.5 billion in spending with diverse Michigan suppliers that are more than half owned by people who are racial minorities, women, military veterans, or who are LBGTQ.
“Today’s announcement sends a powerful message about our commitment here in the state – in both the public and private sector – to Buying Michigan,” Governor Gretchen Whitmer said. “Expanding opportunities for the diverse range of business owners right here in Michigan is critical to ensuring the success of our state. I applaud DTE and Consumers Energy for their tremendous support of Michigan suppliers and continued engagement in Pure Michigan Business Connect.”
DTE and Consumers Energy will each spend $1.5 billion with Michigan suppliers annually through 2024 resulting in a cumulative Michigan spend of $15 billion. An average of $0.60 on every dollar being spent by the energy providers will go to a Michigan supplier during that time frame.
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