DTE Energy, a diversified energy company based in Detroit, has announced that it invested $2.5 billion with Michigan businesses in 2022, creating and sustaining more than 11,000 jobs across the state. Since 2010, DTE has invested nearly $18 billion with Michigan-based suppliers, creating and sustaining 65,000 Michigan jobs. The company invests five times more with local businesses than it did a decade ago and continues to drive Michigan’s economy. DTE partners with businesses throughout Michigan to support and boost the local economy. The company requires that most new bids include at least two Michigan companies. 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. Last year, DTE also spent more than $894 million with diverse suppliers and $900 million with companies based in the city of Detroit. The company’s local spending in 2022 increased 13.5% over 2021.
DTE’s successful supplier relationships are built on similar values, with a focus on supplier diversity, bringing new people into the fold and giving back to the community. For example, The Roy Smith Company, a minority-owned DTE supplier headquartered in Detroit, provides industrial gas, welding supplies and chemicals for DTE’s power plants and service centers. Vice President Ryan Murphy has said that DTE has been a critical and reliable customer for the company during turbulent economic times.
Diversified Chemical Technologies, also a minority-owned supplier, operates out of a 375,000 square foot building in Detroit, providing maintenance, materials, and operational support at DTE’s power plants. The company has earned 54 supplier diversity industry awards since 2018 and has led organizations like the National Minority Supplier Development Council. Karl Johnson, the company’s president, and chief financial officer says that DTE has a long-established commitment to making sure their supplier base looks like their customer base.
DTE Energy has a commitment to cleaner energy, with plans to reduce CO2 emissions by 90% and methane emissions by more than 80% by 2040. DTE Electric and Gas aspire to achieve net-zero carbon emissions by 2050. The company is committed to serving with its energy through volunteerism, education and employment initiatives, philanthropy and economic progress. Michigan companies interested in learning about bid opportunities at DTE can find more information at dteenergy.com/supplychain.
