The rich aren’t so different from the rest of us. They’re just more obsessed with privacy and time management. That’s the picture local business owners paint of their wealthy customers and clients, who are largely business owners, professionals and retirees. Very few are trust fund babies...
More than 500,000 passengers passed through the Cherry Capital Airport in 2018, a record year for an airport that seemingly has few limits on future growth. “Traverse City has far more access to the rest of the world than it did just three years ago,” said...
Ryan and Ann Olson longed to return to their native Grand Traverse region from the Lansing area to raise their family. But it didn’t seem feasible any time soon because Ann was in law school full time at Michigan State University. Nevertheless, Ryan said he always...
State Savings Bank in Frankfort and Central State Bank in Beulah operated separately in Benzie County under common ownership for more than 30 years. But that all changed in October. The two banks have combined under the State Savings Bank name and are expanding beyond their...
Rising interest rates have been a boon to savers, who have seen little return on their savings accounts and certificates of deposits at banks and other financial institutions in recent years. “Rates were so low, you almost expected some banks to charge people to keep their...
Coal has become a dirty word to the four electric utilities that serve the pristine Grand Traverse region. Traverse City Light & Power, Cherryland Electric Cooperative, Great Lakes Energy Cooperative and Consumers Energy all are touting plans to reduce or eliminate their dependence on fossil fuel...
Life's not just a bowl of cherries in Grand Traverse. Manufacturing plays a major role in the area’s economy, employing more than 10,000 people and representing about 13 percent of the workforce in Grand Traverse, Benzie, Kalkaska, Leelanau and Antrim counties, according to the Grand Traverse...
The way most homes are built is archaic: Materials, ordered from hundreds of suppliers, arrive at one place for on-site assembly. Former tech exec Paul Bandrowski believes it’s a costly, time-consuming, mistake-laden process. “Why are we doing it this way? The construction industry is ripe for disruption,”...
After a number of false starts over the past few years, 20Fathoms opened in late July, moving in to 5,700 square feet of space on the second floor of 101 North Park at the corner of Front and Park streets. The technology business incubator, which has...
Ever-rising costs are prompting more employers to consider ditching their health insurance providers and paying the medical claims of their employees themselves. Self-insurance was once mainly for large corporations that could afford the risk of potentially expensive claims. But benefit consultants say self-insurance can work for...
