DTE to spend billions with Michigan suppliers through 2024
By Lisa Bolla | May 30, 2019
DTE chairman and CEO Gerry Anderson announced today that the energy company will spend $10 billion with Michigan businesses over the next five years.
“Our investment in Michigan businesses has created 14,000 permanent jobs over the past 9 years,” Anderson said. “We look forward to continuing to create growth opportunities for hard-working business owners in our state, and we will continue to urge our large supplier to focus sourcing from within Michigan as well.”
At least 60 cents of every dollar DTE spends now goes to a Michigan supplier. DTE is a founding member of the Pure Michigan Business Connect (PMBC) program – a state of Michigan initiative that works across industries to connect small to medium-sized Michigan suppliers with local, national and global purchasers to explore new business opportunities.
Lieutenant Governor Garlin Gilchrist joined Anderson for the announcement, made at the 2019 Mackinac Policy Conference, and recognized DTE for its commitment.
“Whether we are talking about small businesses or skilled trades and training, it is critical that we create equitable opportunities to succeed here in Michigan,” he said. “Pure Michigan Business Connect offers exactly the kind of support needed to make that happen, working with key partners like DTE.”
DTE also committed to spend at least $500 million annually with businesses owned by women and minorities – a 50 percent increase over 2015. Last year, the company received 11 industry awards for supplier diversity excellence, including one for Chief Procurement Officer Tony Tomczak, as “CPO of the Year” by the National Minority Supplier Development Council.
DTE’s focus on Michigan spending benefits businesses throughout Michigan, including SEEL. The Detroit-based company provides energy efficiency services for DTE’s customers.
“I’ve been a part of enough minority initiatives to know that it only works when the commitment comes from the top down,” said Louis E. James, CEO, SEEL, LLC. “DTE committed to SEEL without quota, allowing us to grow and meet the goals of training, hiring and developing talent in Detroit. As a direct result of DTE, and the Pure Michigan Business Connect Program, we’ve been able to invest in training for nearly 800 individuals, providing them with the skills to have better jobs, not only for today, but jobs for the future. We were also able to make a commitment to spend 40 percent of our available procurement dollars annual with other minority-owned businesses.”