Launched in 2009, Consumers energy efficiency incentive program is expected to save participating customers more than $200 million in electricity and natural gas costs this year alone.
Comerica Inc.’s Economic Index for Michigan grew by 4.2 percentage points in September to 129.4. The latest index compares with an average of 114 for all of 2012 and is 11 percentage points higher than the 2011 average.
Citing “the timing of certain regulatory processes and approvals,” Mercantile Bank Corp. said the proposed merger with Firstbank Corp. will not close by the end of the year, even if shareholders approve the deal on Dec. 12.
Priority Health will allow individuals and small businesses to renew policies for 2014 that don’t comply with the federal Affordable Care Act. The Grand Rapids-based health plan decided to allow the renewals to give individuals and small employers with non-compliant plans more time to assess their options before moving to a policy that meets the benefits mandates of the ACA.
The state’s economy will continue to grow in 2014 and into 2015, adding a projected 130,000 jobs over two years, University of Michigan economists said.
Fallasburg Park in Lowell can expand by 20 acres thanks to $200,000 in gifts from the Lowell Area Community Foundation, the Peter C. and Emajean Cook Foundation, the Secchia Family, the Korth Family Foundation and the Kent County Parks Foundation.
Padnos Plastics Solutions Inc., a division of Holland-based recycling company Padnos, plans its first out-of-state expansion with a new facility in Fremont, Ind. The company is buying a 120,000-square-foot facility that will be operational by early next year and will create 22 jobs by 2016
Fresh off closing a $1.3 billion merger, the newly renamed SpartanNash Co. plans to retain its corporate headquarters in West Michigan and expand.
CWD Real Estate Investment announced today the firm has purchased the property that houses the Michigan Athletic Club at 2500 Breton Road, popularly known as the MAC, from a local investment group.
With the help of federal and state grants, The Rapid transit agency is officially launching a 15-month study in an effort to determine if Bus Rapid Transit (BRT) is the best way to meet future ridership demand on the Lake Michigan Drive corridor.
The $500,000 that Ryan Vaughn and his partner won in a statewide business competition will help their business expand its web-based platform for high school sports news and information across the country.
Short's Brewing Co. plans to invest $1.2 million to double the size of its brewpub in Bellaire, north of Traverse City.
Horizon Bancorp will expand its presence in Michigan with the planned acquisition of Summit Community Bank in East Lansing. The Michigan City, Ind.-based Horizon expects the $18.4 million stock-and-cash transaction to close in the second quarter of 2014.
Ventra Grand Rapids 5 LLC plans to invest $16.3 million over three years and create up to 150 new jobs in Kentwood to launch a new automotive lighting line, according to a press release.
Benton Harbor-based household appliance maker Whirlpool Corporation has reached an agreement with David Weekley Homes. The Houston-based homebuilder will make Whirlpool’s appliances available in their homes around the southeast, southwest and midwest.