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In the News (763)

The disagreement over who should have access to the computer code in automobiles could throw a wrench in consumers’ abilities to get their vehicles fixed at independent repair shops.

The company’s 47,000-square-foot expansion project will increase the Nucraft’s production space to approximately 300,000 square feet.

Citing declining membership and a lack of financial support, directors at the health care planning agency voted last night to end operations. The move includes revoking the authority of a board to evaluate health care projects locally under Michigan’s certificate-of-need regulations and issue recommendations to the Michigan Department of Health and Human Services.

A desire to be located near the intersection of U.S. 131 and I-94 has led Dayton, Ohio-based I Supply Company to expand to the Kalamazoo region.

Walker-based retailer Meijer Inc. plans to enhance its offerings to patients with complex chronic conditions with the acquisition of Pittsburgh, Pa.-based Aureus Health Services, a national specialty pharmacy and health services company.

Lathrup Village-based Michigan First Credit Union has announced it will move one block south to the corner of Louis and Ionia Streets in downtown Grand Rapids. The bank will occupy 4,500 square feet on the ground floor of the CWD Building.

ECIG narrows losses in the first quarter

Written by | Wednesday, 20 May 2015 13:41 |

The marketer and distributor of multiple brands of electronic cigarettes reported first quarter revenues of $11.1 million, up from $4.1 million the first quarter of 2014, according to a statement. ECIG reported losses of $67.5 million in the quarter, which it attributed to non-cash charges on certain notes and warrants. That loss is down from the $86.4 million it reported in the first quarter of 2014.

Southfield-based ManagedWay Co., which operates managed hosting, cloud and colocation services from offices in Southfield and Byron Center, cut the deal with Waveform to acquire the company’s more than 400 miles of fiber and data bandwidth, according to a statement.

Agility Health Inc. opened a new clinic in Mattawan, its third in the Kalamazoo area.

Whirlpool acquires American Dryer Corp.

Written by | Tuesday, 19 May 2015 09:19 |

Benton Harbor-based Whirlpool Corp. has entered an agreement to acquire Massachusetts-based American Dryer Corp. from Stonebrige Partners, a private equity firm.

Walker-based retailer Meijer Inc. and its distribution arm Meijer Distribution Inc. have filed a class-action lawsuit against Indian generic drug manufacturer Ranbaxy Inc.. alleging that the company fraudulently worked to keep other firms’ drugs out of the marketplace, driving up costs.

The Grand Rapids Community Foundation announced today that Stan Vander Roest will be coming aboard as the organization’s first CFO.

The Milwaukee office of international commercial real estate brokerage Marcus & Millichap Co. (NYSE: MMI) has brokered the sale of the Avon Protection Systems Inc. property in Cadillac, Mich., about 95 miles north of Grand Rapids.

A new Latin-inspired restaurant is slated to open this summer at 64 Ionia Street SW, just south of the Van Andel Arena.

Johnson Center names new executive director

Written by | Wednesday, 13 May 2015 10:26 |

One of the nation’s largest academic centers for philanthropy has a new executive director. Today, the Dorothy A. Johnson Center for Philanthropy at Grand Valley State University named Kyle Caldwell to the position.

A subsidiary of the non-gaming economic development arm of the Pokagon Band of Potawatomi Indians in Southwest Michigan has entered into joint venture with a Wisconsin construction management firm.

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