Crain’s Michigan Business: Saginaw and Bay City, booming cities again

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Saginaw and Bay City, sister cities in the Bay of the Great Lakes region, were once presumed dead. But today, vacancy rates are dropping sharply, iconic downtown buildings are getting a second life, and businesses are thriving in tech, aerospace and manufacturing.

In this special report:

â–ª Sister associations work for a better future in Bay City, Saginaw: In Saginaw and Bay City, on track for ghost town status ten years ago, vacancy rates are dropping sharply and cranes dot the downtown landscape. Read the story.

â–ª America’s only polysilicon supplier still in shock: Hemlock Semiconductor is the poster child for the unintended consequences of tariffs. The company lost 700 jobs and $ 500 million in revenue after the 2012 tariffs were imposed on Chinese solar power makers. Read the story.

â–ª A vending machine, but for tooling parts: Jim Terry accepted a job with PF Markey to gain some sales experience after college. More than 30 years later, he’s still here, and he’s transformed a small local business into a national tooling parts distributor with over $ 50 million in revenue expected this year. Read the story.

â–ª Aerospace startup takes off in Bay City: BGT Aerospace LLC started in a kitchen after the founders were laid off from their jobs at Thomas Instrument. Since then, the startup has landed SBA loans and 15 government contracts, which means good news and bad news for a new business. Read the story.

â–ª Communications startup helps Saginaw companies tell their stories: Bored with the corporate culture at Dow, Amy Augustin founded Venture6 Studio LLC to help companies get their message across through marketing strategies, logo design, videos, mobile apps, multimedia presentations and more Again. Read the story.

â–ª From Saginaw to the cloud, Dice Corp. develops its security activity: Dice Corp. says offsite hosting and storage has been the key to steady growth of 20-30% per year in recent years. Read the story.


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