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Fifth Third Bancorp. has quietly put its longtime home in downtown Grand Rapids on the market, the sale of which could reshape the city’s central business district, MiBiz has learned.

Joe Papa never doubted Perrigo Co. plc would survive Mylan N.V.’s hostile takeover bid. That said, the chairman and CEO at Perrigo concedes he lost a lot of sleep, rode a “roller coaster of emotions,” and now sports a few more gray hairs than he did seven months ago.

Tesla Motors Inc. wants to strike a compromise with lawmakers so it can begin selling its electric vehicles in Michigan using the same direct-to-consumer model it’s deployed in 25 other states.

A burgeoning K-12 construction market brought on by the passage of recent school bond proposals stands to create a windfall of new projects for West Michigan’s general contractors.

Prior to working as an economic developer in California, Arizona and Ohio, Barry Broome was the founding CEO of Southwest Michigan First in Kalamazoo. Broome started the economic development group in 1999 and stayed until 2005, and during his tenure, helped launch the Southwest Michigan Innovation Center.

Legislation pending in Lansing would update and streamline state regulations over Michigan credit unions and potentially enable them to expand services.

Crowdfunding opens up a new set of opportunities for capital formation to support commercial real estate projects, according to industry experts. But along with the ability to raise money from a large pool of non-accredited investors comes a host of new complexity.

The docking of the last coal freighter at the Consumers Energy B.C. Cobb power plant earlier this month serves as a harbinger of what’s to come for the Port of Muskegon.

When Otsego-based Prime Solutions Inc. first launched its strategy to export its dewatering and filtration products two years ago, it expected a robust international market. However, as global activity slowed, the company realized it needed to change its model to grow.

Experts predict that West Michigan manufacturers will have easier access to freight carriers and that prices will hold steady in the near term. The reason: Capacity constraints in the logistics industry have finally started to abate.

Grand Haven-based Shape Corp. understands the complexity of geographic expansion. The supplier of automotive bumper systems and body structures employs more than 3,000 people across its U.S. and global operations and continues to add to its growing business.

Business owners who offer health insurance to employees need to pay attention to the grades hospitals receive for quality and patient safety. That’s according to Brett Jackson, the president of Economic Alliance for Michigan, a labor-business coalition.

An apparent disinterest in interacting with neighbors, voting or charitable giving aren’t exactly positive traits of a future civic leader, but it’s true for Michigan’s next crop. The recently released 2015 Michigan Civic Health Index highlighted the vastly different civic profiles of millennials and the “silent” generation, outlining how those differences can be addressed to promote a greater civic health in the state.

Mylan this morning said Perrigo shareholders tendered 40 percent of outstanding shares to Mylan, or about 58 million shares, which was well short of the 50 percent needed and caused the takeover bid to lapse.

Mid-rise, mixed-use development can go a long way toward creating increased, transit-oriented, dense neighborhood development. That’s according to Cherise Burda, the executive director of the Toronto-based Ryerson City Building Initiative, who spoke last week at the Urban Land Institute of Michigan’s Real Estate Forum in Detroit.

Zipments acquired by Silicon Valley-based Deliv

Written by | Wednesday, 11 November 2015 14:16 |

GRAND RAPIDS — A year after relocating its headquarters from New York City to West Michigan, Grand Rapids-based tech firm Zipments Corp. has been acquired by a rival mobile delivery service.

Restaurant operator BarFly Ventures LLC says it’s time for last call for McFadden’s, the downtown Grand Rapids Irish-themed bar it acquired in 2010.

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