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DTE Energy spends $3.3 billion with Michigan suppliers in 2024
DTEDTE Energy(DTE) GlobeNewswire·2025-01-13 12:52

DTE's Local Investment and Economic Impact - DTE spent 3.3billionwithMichiganbusinessesin2024,creatingandsustainingnearly14,000jobsacrossthestate[2]−Since2010,DTEhasinvested3.3 billion with Michigan businesses in 2024, creating and sustaining nearly 14,000 jobs across the state [2] - Since 2010, DTE has invested 24 billion with Michigan-based suppliers, creating or sustaining 92,000 Michigan jobs [2][6] - In 2024, DTE spent nearly 1billionwithcertifieddiversesuppliers,contributingtojobcreationinMichigan[3]−DTEhasearnedover72supplierdiversityindustryawardssince2018andpartnerswithorganizationsliketheNationalMinoritySupplierDevelopmentCouncilandtheGreatLakesWomen′sBusinessCouncil[3]DetroitVoltage′sGrowthandCommunityImpact−DetroitVoltagehasinstalledhundredsofEVchargingstationsonbehalfofDTE,highlightingitscommunity−focusedandforward−thinkingbusinessmodel[1]−Thecompanyrecentlywonacontracttoprovidepublicsafetyandfieldsupportafterlargestormsandiscurrentlystaffingupforthisnewopportunity[1]−DetroitVoltage′scollaborationwithDTEhasgeneratedgood−payingjobopportunities,positivelyimpactingthelocaleconomy[4]−Thecompany′sfounder,DeanaNeely,mentorsotherfemalebusinessownersandisfinishingabookonlaunchingaconstructionbusiness[4]DTE′sRegionalEconomicContributions−InSoutheastMichiganandMetroDetroit,DTEbought1 billion with certified diverse suppliers, contributing to job creation in Michigan [3] - DTE has earned over 72 supplier diversity industry awards since 2018 and partners with organizations like the National Minority Supplier Development Council and the Great Lakes Women's Business Council [3] Detroit Voltage's Growth and Community Impact - Detroit Voltage has installed hundreds of EV charging stations on behalf of DTE, highlighting its community-focused and forward-thinking business model [1] - The company recently won a contract to provide public safety and field support after large storms and is currently staffing up for this new opportunity [1] - Detroit Voltage's collaboration with DTE has generated good-paying job opportunities, positively impacting the local economy [4] - The company's founder, Deana Neely, mentors other female business owners and is finishing a book on launching a construction business [4] DTE's Regional Economic Contributions - In Southeast Michigan and Metro Detroit, DTE bought 2.53 billion in goods and services from 1,001 companies, generating or supporting at least 11,000 jobs [10] - In West Michigan, DTE spent 138millionwith167companies,creatingorsustainingover550jobs[10]−InNorthernMichigan,DTEinvestedover138 million with 167 companies, creating or sustaining over 550 jobs [10] - In Northern Michigan, DTE invested over 20 million with 108 companies, positively impacting about 90 jobs [10] - In South Michigan, DTE partnered with 275 companies, spending 286millionandaddingormaintaining1,200jobs[10]−InCentralMichigan,DTEinvested286 million and adding or maintaining 1,200 jobs [10] - In Central Michigan, DTE invested 176 million with 94 companies, creating or sustaining 700 jobs [10] - In the Thumb Region, DTE spent 137millionwith118companies,positivelyimpacting600jobs[10]−IntheUpperPeninsula,DTEpartneredwith48businesses,spending137 million with 118 companies, positively impacting 600 jobs [10] - In the Upper Peninsula, DTE partnered with 48 businesses, spending 31 million and generating or supporting about 140 jobs [10] DTE's Commitment to Local and Diverse Suppliers - DTE is a founding member of Pure Michigan Business Connect, which encourages businesses to buy from Michigan suppliers and connects local companies with in-state opportunities [5] - The company hosts outreach events to meet diverse business owners and connect them with new opportunities, helping entrepreneurs build capacity for growth [8] - DTE's investments in local and diverse companies contribute to a thriving statewide economy and enable the delivery of higher quality, lower-cost services to customers [5]