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Construction underway on new Start Garden space

Written by | Friday, 21 November 2014 10:05 |

Grand Rapids $15 million pre-seed capital fund Start Garden LLC will soon have a new home, according to news release. Construction is underway for its new “Startup Village,” on the second floor of the Trust Building at the corner of Ottawa Avenue and Pearl Street in downtown Grand Rapids.

ArtPrize Grand Rapids has signed an agreement with Dallas to effectively license the Artprize brand and technology platform to the Texas city starting in 2016.

Four West Michigan companies earned perfect scores on Human Rights Campaign’s (HRC) Corporate Equality Index.

A subsidiary of Grand Rapids-based Universal Forest Products Inc. (NASDAQ: UFPI) has acquired certain assets of Dallas-based Bigs Packaging and Lumber LLC, the company announced today.

Sturgis Bancorp Inc., the parent company of Sturgis Bank & Trust, plans to acquire the 132-year-old West Michigan Savings Bank in Bangor in a $4 million cash deal.

616 Development unveils Lofts on Monroe project

Written by | Thursday, 13 November 2014 11:47 |

The $22 million renovation of the 156,000-square-foot former furniture factory at 820 Monroe Avenue NW will be the developer’s largest project to date, according to a statement.

As West Michigan’s automotive dealer groups survey the competitive landscape, they’re finding it hard to pass up deals to add new stores, expand their geographic footprint and create attractive economies of scale.

Perrigo to acquire Omega Pharma for $4.5 billion

Written by | Thursday, 06 November 2014 10:06 |

Perrigo Co. plc would significantly expand its presence in Europe with the $4.5 billion acquisition of Omega Pharma NV, a Belgian-based producer of over-the-counter medications.

The Grand Rapids Downtown Market announced today that Traverse City-based Grand Traverse Distillery will open a tasting room in December.

Ascension Health stayed in the family to select a new chief executive for Borgess Health in Kalamazoo.

Kalamazoo-based Stryker Corp. has agreed to settle lawsuits in 39 states and involving thousands of patients who had to have defective hip implants surgically removed.

Office furniture index improves to 7-year high

Written by | Tuesday, 04 November 2014 09:15 |

A quarterly activity index for the office furniture industry in October reached its highest point in more than seven years.

Days after closing an acquisition for a bank in Traverse City, Chemical Financial Corp. said today that it plans to buy Coldwater-based Monarch Community Bancorp Inc.

Devonshire REIT Inc., a Whitehouse, Ohio-based real estate investment trust, says it has acquired two West Michigan shopping centers, as well as one in Tennessee.

Former Steelcase Inc. CEO James Hackett was named interim athletic director today at the University of Michigan, succeeding the embattled Dave Brandon, who resigned earlier in the day.

Wilbur-Ellis to invest $4M in new Pewamo facility

Written by | Thursday, 30 October 2014 14:46 |

California-based Wilbur-Ellis recently announced construction of a new facility in the Village of Pewamo in Ionia County.

The $88.2 million acquisition of Founder Financial Corp. in Grand Rapids by Old National Bancorp now heads toward a 2015 closing date after receiving regulatory and shareholders approvals.

GFS to open distribution center in North Carolina

Written by | Wednesday, 29 October 2014 13:31 |

Grand Rapids-based Gordon Food Service announced this week that it signed a long-term lease for a new 300,000-square-foot distribution center at the Afton Ridge Business Park in Kannapolis, N.C., according to a statement.

Ford Airport pledges to invest $95M in improvements

Written by | Wednesday, 29 October 2014 13:29 |

The Gerald R. Ford International Airport (GFIA) plans to invest more than $95 million in capital improvements through 2020, according to a statement.

Privately-held Iron Mountain-based Northern Star Industries Inc. announced Monday that it plans to sell off its BOSS snow and ice management business business to Bloomington, Minn.-based The Toro Company (NYSE: TTC), according to a statement.

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