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Marcia and Al Elgersma were typical of many small business owners in thinking they could develop their own plan to hand off their family-owned company, Al’s Excavating, to the next generation of leadership. But after more than a decade of trying on their own, the Elgersmas realized they needed to bring in advisers to help enact a proactive strategy.

An ambitious new expansion plan by Grand Rapids-based Founders Brewing Co. has the company prepared to move into the highest echelon of U.S. craft breweries, executives say.

Tom+Chee coming to Bucktown Shopping Center

Written by | Tuesday, 30 September 2014 12:57 |

Visitors to CWD Real Estate Investment’s Bucktown Shopping Center will have another restaurant choice beginning next spring.

The city of Greenville in Montcalm County could serve as a case study of how the global economy affects the business climate in West Michigan.

While other semi-professional basketball teams have come and gone from West Michigan, the Grand Rapids Drive — backed by the National Basketball Association and the Detroit Pistons — aims to prove it has staying power.

The new financial institutions practice formed by Charter Capital Partners LLC in Grand Rapids seeks to tap into an emerging consolidation trend involving community banks.

After long periods of consolidation and contraction in the automotive supply chain, many companies are finding themselves rushing to keep pace with increasing global demand.

Steelcase Inc. and Herman Miller Inc. expect single-digit sales growth to continue throughout the remainder of 2014.

Planners with the city of Muskegon want to make it easier for developers to create new building projects in the core downtown area.

The model for Michigan’s economic development policy is changing.

An $8 million Health Sciences Center that opens this week gives Baker College of Muskegon added capacity and a modern facility to train students going into high-growth professions in health care.

Grand Rapids-based Founders Financial Corp. had always expected Founders Bank & Trust to remain an independent community bank, but a key deal for an Ann Arbor lender in January convinced directors to re-evaluate their plans.

Breweries and taphouses are far from the only businesses benefiting from the boom in craft beer production these days.

Local charities and nonprofits have a lot to be thankful for when it comes to the support they get from West Michigan’s family-owned businesses.

The president and CEO of the Kalamazoo Community Foundation since 2012, Carrie Pickett-Erway is prepared to begin the nonprofit’s next chapter at its new home. After the Arcus Foundation gifted the organization new office space in downtown Kalamazoo, the nonprofit needed to think about how to use its location to better fulfill its philanthropic role and engage with the community. The executive spoke with MiBiz about her plans to offer new opportunities for the foundation’s partners throughout the region.

Perrigo Co.’s blockbuster $8.6 billion deal for Elan Corp. took just six weeks to put together.

The structure of the “transformational” merger last year that created SpartanNash Inc. set the Byron Center-based company on a course to take advantage of the growing consolidation trend in the supermarket industry.

As the automotive sector continues on the road to recovery, companies in the supply chain have looked for ways to add capacity, either through new facilities or by acquiring other suppliers.

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