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Clemens Food Group invests $255M in Coldwater

Written by | Thursday, 18 December 2014 11:45 |

Pennsylvania-based Clemens Food Group recently announced its plans to open a pork processing operation in Coldwater Township. The company expects to invest approximately $255 million in the project and create 810 jobs at its new facility.

Economic growth in West and Central Michigan can largely be attributed to Grand Rapids, according to the most recent Comerica Regional Economic Update from Comerica Bank. The report is compiled by Robert Dye, chief economist at Comerica Bank.

Snyder announces new government department, agency

Written by | Thursday, 18 December 2014 11:26 |

Gov. Rick Snyder, through executive order, announced this morning a reorganization of several government entities.

Grand Rapids-based Founders Brewing Co. plans to better access international markets as part of a deal announced today with a Spanish brewery.

This morning the Board of Trustees for Michigan State University voted to demolish the building that formerly housed the Grand Rapids Press, according to a news release.

Spartan Motors CEO to retire in 2015

Written by | Friday, 12 December 2014 09:42 |

Charlotte-based Spartan Motors Inc. recently announced that John Sztykiel, the company’s president and CEO will retire on Feb. 19, 2015. Sztykiel, who joined Spartan in 1985, will be replaced by Daryl Adams, the company’s current chief operating officer.

Nick Hrnyak to lead Lacks Enterprises

Written by | Friday, 12 December 2014 09:06 |

Grand Rapids-based Lacks Enterprises Inc. has reached another milestone in its long company history. The Tier 1 automotive supplier announced today that Nick Hrnyak will take over as president of the company – marking the first time a nonfamily member has held the position since the company was established in 1961, according to a news release.

Groundfloor furniture showroom coming to Blue35

Written by | Wednesday, 10 December 2014 10:28 |

Blue35, the collaborative workspace development between Haworth Inc. and Rockford Construction Company will soon have a new tenant on its ground floor.

Franklin Partners purchases 1340 Monroe

Written by | Friday, 05 December 2014 11:18 |

The 375,000 square foot, five-story building was previously owned by Grand Rapids-based packaging company Display Pack Inc.

Revenues for the first nine months of 2014 totaled $31.3 million, versus $2.4 million in the same period in 2013.

Revenues for the first nine months of 2014 totaled $31.3 million, versus $2.4 million in the same period in 2013.

Agility Health posts larger loss in third quarter

Written by | Wednesday, 03 December 2014 16:24 |

The Grand Rapids-based provider of physical therapy reported a quarterly net loss of $2.3 million, compared to net loss of $1.2 million for the same period in 2013.

The facility — located at 4750 Dickman Road — produces cathode materials for use in lithium ion batteries. The materials have applications for electric cars, wind power, computers and other uses. According to the statement, 40 percent of TODA’s business is automotive, with 60 percent comprising energy storage, telecommunications and solar panels.

Grand Rapids-based Autocam Medical Devices LLC has acquired Southeastern Technology Inc. (SET), of Murfreesboro, Tenn. effective November 30, according to a statement.

Die Cad Group announces expansion in Greenville

Written by | Tuesday, 02 December 2014 10:08 |

The new facility, located at 106 S. Greenville West Dr., opened on Monday and will add needed capacity for the company to support its aggressive growth strategy, according to a news release.

Michigan State University (MSU) today announced a new graduate fellowship for its biomedical engineering program in the university’s College of Engineering, according to a statement.

CWD Real Estate Investment earlier today announced that it has purchased the 10-story, 153,000-square-foot building, located at 250 Monroe Ave. NW in downtown Grand Rapids. CWD made the purchase from the building's previous owners, Calder Plaza Investors, for an undsiclosed amount of money.

Founders Brewing Co. received more state incentives to help the company expand its production facility in Grand Rapids.

Zeeland-based education nonprofit Pyramid P20 has partnered with Grand Rapids-based Rockford Construction Co. to develop the 181-acre former Steelcase Pyramid building campus in Gaines Township, according to a statement.

A subsidiary of Grand Rapids-based Universal Forest Products Inc. (NASDAQ: UFPI) acquired an 80-percent stake in certain assets of Packnet Ltd. of Eagan, Minn., the company announced today.

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