Growing in Michigan

In the shadows of Michigan’s traditional “silo” industries, entrepreneurs are thriving.

Check out the 2008 Michigan 50 Companies to Watch as named this week by the Small Business Association of Michigan and the Edward Lowe Foundation.

Together, these firms contribute $464 million in total revenue (with a combined 25 percent growth rate), more than 1,800 employees, and more than 345 new jobs to the Michigan economy.

They are firms like:

ADAMS BUILDING CONTRACTORS in Jackson, which is defying the recessionary economy by gaining work in wastewater treatment plants, ethanol plants, and other projects with an agricultural component.

BAABAAZUZU in Lake Leelanau, which manufactures women’s outerwear and accessories from recycled fabrics. The firm has 15 full-time employees and expects to add eight more this year.

iDASHBOARDS in Troy. The firm creates customized business intelligence/tracking software for customers as large as the Navy Federal Credit Union. iDashboards expects to double its full-time staff to 30 employees this year.

The Michigan 50 show what it takes to compete in the global economy.

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