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 2024
ANNUAL REPORT

Arrow Down

Letter from the Chair & CEO 

As we look back on 2024, we are deeply grateful for the successes we’ve achieved together and the partnerships that continue to make Greater Grand Rapids a vibrant and thriving region. This year has been marked by dynamic growth, innovative solutions, and strengthened collaboration across the pillars that guide our work: People, Place, and Prosperity.

 

Our People-focused efforts have centered on strengthening the talent pipeline and addressing workforce needs across the region. Our talent team has been actively engaging with companies through retention visits, gathering valuable insights that informed our first-ever Talent Report. The report’s key findings highlight Greater Grand Rapids’ growing population, which is becoming younger, more educated, and increasingly diverse. Additionally, our partnership with Vibrant Futures has helped drive actionable solutions to one of the region’s most pressing challenges—accessible childcare.

 

On the Place front, events like Developer Day and the Place Matters Summit sparked meaningful dialogue on growth and community innovation. At the same time, efforts to enhance site readiness have positioned over 3,200 acres for future development. Placemaking initiatives continue to expand across the region, including key community development projects in our partner counties—such as the renovation of the Slate Building in Hesperia and the launch of Pure Markette in Baldwin. These local projects help infuse new energy into communities across the region.

 

Our focus on Prosperity delivered record-breaking outcomes in 2024. We supported 20 business development projects that generated $445.1 million in new investments and nearly 1,900 high-quality jobs. Notably, we were able to revitalize a part of our community that has been dormant for more than 15 years— Site 36, the former GM plant in Wyoming. This site will soon welcome BENTELER and Corewell Health, providing hundreds of new, well-paying jobs for our region. In addition to our business development work, Tech Week Grand Rapids saw its largest turnout to date, with over 16,000 attendees celebrating the region’s tech community and its continued innovation. Meanwhile, the launch of the AI Roadmap for Manufacturers is empowering businesses to adopt cutting-edge technology and stay at the forefront of their industries.

 

Across all these achievements, our work has remained rooted in a shared vision for a brighter future. None of this would be possible without the steadfast commitment of our partners and supporters. Thank you for your trust, collaboration, and unwavering belief in the potential of Greater Grand Rapids. Together, we are shaping a region where businesses, families, and communities thrive.

Steve Downing

2024 Board Chair, The Right Place, Inc. 

President & CEO

Gentex

Randy Thelen

President & CEO

The Right Place, Inc. 

2024 Results

$445.1M

New Capital Investment

1,896

New and

Retained Jobs

$29.07

Average Wages

$86.52M

Community Development Investment

PEOPLE

PEOPLE

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Intern Connect 2025

This year, Hello West Michigan supported 600+ interns, connecting them with invaluable professional development programming and networking opportunities in the region. By providing these future leaders with pathways to grow their skills and build local networks, we’re making it easier for them to say “Yes!” when offered a job right here in Greater Grand Rapids.

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Childcare Solutions Report

Addressing childcare challenges remains a critical priority for our communities, and this year we made significant strides in partnership with Vibrant Futures. Through targeted research conducted with local businesses and employees, we gained insights into the childcare needs of our community and helped develop a comprehensive report with actionable recommendations. This work is setting the foundation for long-term solutions that will support working families and contribute to a stronger workforce.

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First Talent Report Released

In 2024, The Right Place hosted an Investor Exchange highlighting recruitment and retention best practices. At this event, we released our first ever Talent Report, offering valuable insights into the trends shaping the future of Greater Grand Rapids’ workforce. Key findings of the report show that Greater Grand Rapids has a growing population that is becoming younger, more educated, and increasingly diverse.

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Rapid Roots

A few years ago, Hello West Michigan launched the Rapid Roots program. This cohort has once again proven to be a vital program for integrating new executives into our community. This year, we supported 14 leaders from 7 companies across the region, helping them build connections, understand the local business landscape, and make an immediate impact.

PLACE

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Site Readiness

A total of 28 sites across six counties totaling 3,200+ acres in region four are currently in various states of vetting for funding and/or undergoing site readiness assessment activities.

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Developer Day

Our community development team hosted its third annual Developer Day. GRPS' Stocking Elementary served as our central gathering site for the event, featuring informational sessions, roundtable discussions, and 1-on-1 conversations with local municipalities about development opportunities. This year’s event hosted over 160 developers, construction professionals, architects, engineers, finance professionals, and many others involved in the development cycle.

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Place Matters Summit

Our Place Matters Summit brought together over 130 community leaders to explore strategies for fostering vibrant communities. Keynote speaker Allyson Brunette emphasized addressing digital-induced isolation, poor urban design, and weakened human connections by revitalizing public spaces and fostering offline interactions. TED-style talks and a panel discussion provided creative approaches to transforming public spaces, strengthening community engagement, and balancing growth with preserving community character.

PARTNER COUNTY COLLABORATION

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Lake County

The Pure Markette outdoor market in Baldwin launched with over $40,000 in funding and strong community engagement. This volunteer-led initiative created a vibrant gathering space and a platform for local farmers, artisans, and entrepreneurs.

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Ionia County

Assisted a local developer in completing a housing project by connecting them to the new housing TIF program and securing nearly $500,000 in support—revitalizing the project and advancing housing development.

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Newaygo County

The renovation of the Slate Building in Hesperia, supported by a Build MI Community grant, will add much-needed housing units and marks the first major community development project in the village in nearly 40 years.

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Mecosta County

60+ people joined Mecosta County's first Developer Day, touring properties and attending technical resource presentations on development.

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Oceana County

Fiesta Grande transformed a vacant facility in Pentwater into a $4.3 million food production site, creating over 20 new jobs and boosting the local economy.

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Mason County

The Mason County Housing Alliance is driving “housing readiness” efforts, including zoning updates, site selection, and a 5-year strategic plan to address critical housing needs.

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Montcalm County

Northland Corporation expanded its Greenville facility, investing $21.4 million and adding 200 new jobs.

PLACE
PROSPERITY

PROSPERITY

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Tech Week Grand Rapids

Tech Week Grand Rapids returned for its third year, bigger and better than ever with over 16,000 attendees across 70+ events, this weeklong celebration of innovation and technology brought together leaders, entrepreneurs, and community members, making it one of the largest community-driven tech events in the country. A huge thank you to the 120+ community and business partners who made this event possible. Mark your calendars for its return next year, the week of September 15.

Tech Week Grand Rapids

Tech Week Grand Rapids returned for its third year, bigger and better than ever with over 16,000 attendees across 70+ events, this weeklong celebration of innovation and technology brought together leaders, entrepreneurs, and community members, making it one of the largest community-driven tech events in the country. A huge thank you to the 120+ community and business partners who made this event possible. Mark your calendars for its return next year, the week of September 15.

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Tesa Tape relocates HQ to GR

Tesa Tape, manufacturer of self-adhesive solutions, relocated their North American HQ from Charlotte, NC to Grand Rapids, creating 60 jobs and $1.2 million in capital investment.

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Amway Expansion

Amway is increasing manufacturing and R&D capacity through renovation and expansion of their existing facility in Ada, adding 260 new jobs and $127 million in capital investment.

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Ludus chooses GR for HQ

Digital ticketing sales company Ludus chose to locate their HQ in Grand Rapids, adding 37 new jobs and $310,000 in capital investment.

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MMTC Projects

Our MMTC-West team continues to deliver exceptional results, supporting regional manufacturers. Over the past year, the team engaged with 225 companies, quoting 342 projects that will help drive growth and innovation. This includes conducting 26 Industry 4.0 technology assessments. Notably, nine Industry 4.0 implementation grants were awarded, totaling $225,000, to accelerate projects across the region.

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Site 36

After more than 15 years of dormancy, Site 36—the former GM plant in Wyoming—is set for a major revival, bringing over 400 new jobs and more than $135 million in investment to the region. Among the companies planning to occupy the space are Corewell Health and BENTELER. The site will also be home to Godwin Mercado, a new outdoor marketplace.

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AI Roadmap for Manufacturers

Earlier this year, we launched a comprehensive AI Roadmap to help local manufacturers navigate the complexities of AI, addressing both individual business needs and fostering regional collaboration. The roadmap identifies key AI opportunities in workforce development, optimized systems, and predictive business intelligence, while also encouraging collective efforts to position the region as a leader in AI adoption. Developed through extensive input from over 60 local manufacturers, the roadmap is designed to provide companies with actionable steps to implement AI.

2024 REPORTS

The Right Place's Business Intelligence team is dedicated to providing valuable insights into the economic landscape of the Greater Grand Rapids region. Annually, our team researches and authors comprehensive reports covering a variety of key industries and topics.

Development Report

Provides an analysis of West Michigan's industrial, commercial, office, retail, and housing development sectors.

Tech Report

Offers an in-depth update on the state of the technology sector across the Greater Grand Rapids region.

Talent Report

Gives a detailed look into current workforce trends, highlighting the need for businesses to focus on flexibility, skill development, and employee well-being.

State of the Region Report

Informs the community of key economic trends impacting the region, combining qualitative insights from economic development work with quantitative economic research.

Strategic Plan Progress

2023-2025

You can view our new 2023-2025 Strategic Plan here. 

New & Retained Jobs

2023-2024: 3,450
GOAL: 4,000

New Capital Investment

2023-2024: $903.2M
GOAL: $550M

Average Wage

2023-2024: $26.96
GOAL: $26.50

Community Development
Investment

2023-2024: $200.5M
GOAL: $100M
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OUR TEAM

The success of The Right Place is driven by our incredible team. Their hard work and dedication have been instrumental in achieving our 2024 goals and strengthening our region’s economy. We’re grateful for their impact every day.
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The Right Place was recognized as a Best & Brightest Company to Work For Winner in 2024!

The Best and Brightest Companies to Work For® program identifies and honors organizations that display a commitment to excellence in their human resource practices and employee enrichment. Organizations are assessed based on categories such as communication, work-life balance, employee education, diversity, recognition, retention and more.
TEAM AN BOARD

BOARD OF DIRECTORS

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CHAIR

Steve Downing*

President & CEO,

Gentex Corporation

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VICE CHAIR + TREASURER

Bill Pink, PhD*

President,

Ferris State University

Sara Armbruster – Steelcase, Inc.

Rick Baker – Grand Rapids Chamber

Chris Bardeggia – Steelcase (Manufacturers Council Representative)

Matt Biersack, MD – Trinity Health Grand Rapids

Luke Cherveny – PwC

Jeffrey L. Connolly – Blue Cross Blue Shield of Michigan

Shawn Crowley – Atomic Object (Technology Council of West Michigan Representative)

Michael Davenport – Jireh Metal Products, Inc.

Lauren Davis – Huntington National Bank

Ronald G. DeWaard – Varnum LLP

Katie Ferris – BDO

Tina Freese Decker* – Corewell Health

Kyle Hanson – Perrigo Company plc

Joi Harris – DTE Energy

Nick Hrnyak – Lacks Enterprises

Joshua Hulst* – Michigan Software Labs

Jonathan Husby – ADAC

John Kennedy – Autocam Medical

Brad Kessel – Independent Bank

Rick Keyes* – Meijer, Inc.

Blake W. Krueger* – Wolverine Worldwide

Charles Lepper – Grand Rapids Community College

Charles Lott – Wells Fargo

Dr. Philomena Mantella* – Grand Valley State University

Michael Nelson – Amway Corporation

Megan Norris – Miller Canfield

Andi Owen – MillerKnoll

Richard J. Pappas Ed.D – Davenport University

Julie Rietberg – Greater Regional Alliance of Realtors

Garrick J. Rochow* – CMS Energy Corporation

Nelson Sanchez – RoMan Manufacturing

Tony Sarsam – SpartanNash

Rich Sorota – Miller Johnson

Aron Sousa – Michigan State University

Tom Stritzinger – Comerica Bank

Julius Suchy – Ada Township (Community Partner Representative)

Renee C. Tabben* – Bank of America

Randy Thelen* – The Right Place, Inc.

David Van Andel – Van Andel Institute

Al Vanderberg – Kent County

Mike VanGessel – Rockford Construction

Sozon Vatikiotis – Acrisure

Mark Washington – City of Grand Rapids

Mark J. Wassink – Warner, Norcross & Judd LLP

Thomas G. Welch, Jr. – Fifth Third Bank

Sean P. Welsh* – PNC Bank

​

Board Member Emeritus

Hank Meijer – Meijer, Inc.

*Executive Committee Member

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INVESTORS

We would like to extend our sincerest thanks to our new and renewing investors of 2024.

Through your investment, we have been able to accomplish many things in the last year. With your unwavering support we are able to continue our work to create a sustainable and thriving economy for all in the Greater Grand Rapids region.

#

1 Bold Step​

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A

AbsyAi

Acrisure, LLC.

Ada Township

ADAC

Advantage Benefits Group

Advantage Commercial Real Estate

Advizex

AEBetancourt

Alpine Township

Amazon

Amway

Andy J Egan Company, Inc.

Applied Innovation

Aquinas College

Ariox

Array of Engineers

Atomic Object, LLC

Augusto Digital

Autocam Medical

AvaSure Inc.

​

B

Baker Holtz P.C.

Bank of America

Barnes & Thornburg LLP

Barton Malow Company

BDO USA, LLP

Behler-Young Company

Ben M. Muller Realty Co.

BISSELL Inc.

BizStream

Blackford Capital Associates Inc.

Blue Cross Blue Shield of Michigan

Bluewater Hayes Inc.

Bradford White Corporation

Brightly

Buist Electric Inc.

Burgess Concrete Construction

​​

C

Caledonia Charter Township

Calvin University

Cascade Charter Township

Cascade Die Casting

CD Barnes Construction

Charter Capital Partners Ltd

Chase

ChoiceOne Bank

City Innovations

City of Cedar Springs

City of East Grand Rapids

City of Grand Rapids

City of Grandville

City of Kentwood

City of Lowell

City of Rockford

City of Walker

City of Wyoming

Clark Communications

Classic Transportation & Warehousing

Coldwell Banker Commercial - Schmidt         ......Realtors

Comerica Bank

Comfort Research

Commercial Alliance of REALTORS

Construction Simplified, Inc.

Consumers Credit Union

Consumers Energy Foundation

Corewell Health

Crowe LLP

CS Erickson

Custer

​​

D

D + M Metal Products

Dan Vos Construction Company

Davenport University

Deloitte

DevsOperative

DeWys Metal Solutions

Dickinson Wright PLLC

Digital Industry Group

DISHER

DoerenMayhew

DornerWorks Ltd

DP Fox Ventures, LLC

Driesenga & Associates, Inc.

DTE Energy Foundation

​

E

Echelbarger, Himebaugh, Tamm and Co., PC

Eenhoorn LLC

EG Workforce Solutions

Erhardt Construction

Ernst & Young LLP

EV Construction

Express Employment Professionals

F

Ferris State University

Feyen Zylstra

Fifth Third Bank, West Michigan

First Merchants Bank

First National Bank of Michigan

Fishbeck

Fleetwood Group, Inc.

Fleis & VandenBrink Engineering, Inc.

Flexco

Flexfab

flockx

Foresight Management

Foster Swift Collins & Smith PC

Four Square Ventures

Franklin Partners LLC

Fusionary

Fusion-IT, LLC

​

G

Gaines Charter Township

Gentex Corporation

Gerald R. Ford International Airport

Ghafari

GHSP

Gordon Food Service Inc

Grand Rapids Charter Township

Grand Rapids Community College

Grand Rapids Controls Co LLC

Grand Rapids Label

Grand River Aseptic Manufacturing

Grand River Bank

Grand Valley State University

Granger Construction

Great Lakes Commercial Finance

Greater Regional Alliance of REALTORS

GTF Technologies

​

H

Horizon Bank

HR Collaborative

Hungerford Nichols CPAs + Advisors

Hungerford Technologies, LLC

Huntington National Bank

Hylant

​

I

Ideology

Independent Bank

InsITe Business Solutions, Inc.

Irwin Seating Company

IT Partners

ITC Holdings Corp.

​

J

Jandernoa Foundation

Jireh Metal Products Inc

Jones Lang LaSalle, IP, Inc. - GR

​​

K

Kaiser IT Group

Kent Companies Inc

Kent County

KeyBank

Keystone Solutions Group

Kikcit LLC

King Milling Company

​

L

Lacks Enterprises Inc

LaFleur Marketing

Lake Michigan Credit Union

Lakewood Construction

Lee Industrial Contracting

Leggett & Platt, Inc.

Lighthouse Insurance Group, Inc.

Lowell Charter Township

Lumbermen's, Inc.

​

M

Macatawa Bank Corporation

Materials Testing Consultants, Inc.

Mattson Financial Services, LLC

Medbio, Inc.

Meijer, Inc.

Mentavi Health

Mercantile Bank of Michigan

Meritage Hospitality Group Inc

Michigan Software Labs

Michigan State University

Midwest Capital Advisors

Mighty in the Midwest

Miller Johnson

Miller, Canfield, Paddock and Stone, P.L.C.

MillerKnoll

MindSpring

MLive Media Group, LLC

Moore & Bruggink, Inc.

Morant Law

MOSS

Mutually Human

N

NAI Wisinski of West Michigan

Nextpoint Design

Nicolai North America

Ninth Brain

NN Mobile Solutions

Nucraft

NuWave Technology Partners

​

O

Old National Bank

Orka Automation

​

P

Packaging Compliance Labs

PADNOS

Paragon D&E

Payload CMS

PeopleIT

Perrigo

Pioneer Construction

Plainfield Charter Township

Plante Moran

Pleune Service Company

PNC Bank

Pondera Advisors

Praeco Skills, LLC

Pricewaterhouse Coopers LLP

Progressive Companies

Pure Architects

​

Q

Quality Air

​

R

RDV Corporation

Rehmann Group

Rhoades McKee

Rockford Construction Company, Inc.

RoMan Manufacturing Inc.

ROWE Professional Services Company

​

S

S. A. Morman & Co.

Schneider Electric SA

SecurAlarm Systems, Inc.

Sentinel Technologies

SME

Spartan Innovations

SpartanNash

Steelcase, Inc.

Surus Transport

Switch

SxanPro

Symplicity Communications, Inc.

​

T

TACK Electronics, Inc.

Tesa Tape Inc

The C2 Group

The Christman Company

Third Coast Development

TiiCKER

TowerPinkster

Trailhead Technology Partners

Trellis

Triangle Associates, Inc.

Trinity Health Grand Rapids

Triterra

Turner Construction Company

Twisthink

​

U

Unist Inc

United Bank of Michigan

US Signal

​

V

Van Andel Institute

Van Haren Electric

Varnum LLP

Veneklasen Construction

Vervint

Village of Sparta

​

W

Warner Norcross + Judd LLP

Waséyabek Development Company LLC

Wells Fargo Bank, N.A.

West Michigan Community Bank

Western Michigan University

Westwater Group

Whitecaps Community Foundation

Williams Distributing Co.

Windemuller

Wolverine Building Group

Wolverine Coil Spring Co

Wolverine Worldwide, Inc.

​

Y

YETi CGI

© 2025 The Right Place, Inc. 

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