DTE today announced it invested $2.7 billion with Michigan businesses in 2023, creating and sustaining more than 12,000 jobs across the state.
DTE has invested more than $21 billion with Michigan-based suppliers since 2010, creating and sustaining 77,000 Michigan jobs. The company continues to be a leader in driving Michigan’s economy. Last year, DTE also spent $988 million with diverse suppliers and nearly $900 million with companies based in the city of Detroit.
“Our commitment to do business with local suppliers enables us to deliver higher quality, lower cost service for our customers,” Jaspreet Singh, Corporate Services vice president, said. “Our focus on investing with Michigan businesses is not just a strategic decision, but a reflection of our dedication to support the growth and prosperity of the communities we serve.”
DTE partners with businesses throughout Michigan:
- Southeast Michigan and Metro Detroit: DTE bought nearly $1.85 billion in goods and services from 1,139 companies, generating and supporting at least 8,500 jobs.
- West Michigan: DTE spent $215 million with 166 companies, creating, and sustaining nearly 950 jobs.
- Northeast and Northwest Michigan: DTE invested nearly $95 million with 119 companies, positively impacting more than 435 jobs.
- South Michigan: DTE partnered with 341 companies, spending $294 million and adding or maintaining 1,350 jobs.
- Central Michigan: DTE invested $82 million with more than 87 companies, creating, and sustaining nearly 375 jobs.
- Thumb Region: DTE spent $120 million with 111 companies, positively impacting about 550 jobs.
- Upper Peninsula: DTE partnered with more than 45 businesses, spending $28 million and generating and supporting nearly 130 jobs.
DTE is a founding member of Pure Michigan Business Connect, a public-private initiative that encourages businesses to buy from Michigan suppliers and connects local companies with in-state opportunities.
The company has earned more than 64 supplier diversity industry awards since 2018 and has led organizations like the National Minority Supplier Development Council.
“Expanding opportunities for local business owners is critical to ensuring the success of our state,” said Singh. “Many of these small and medium businesses are owned by women, minorities, veterans, disabled entrepreneurs, or members of the LGBTQ community. We have a long history of outreach and mentoring to help these suppliers grow. We’ve replicated this success over and over again to generate thousands of jobs across our state.”
Michigan companies interested in learning about bid opportunities at DTE can find more information at dteenergy.com/supplychain.