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Fox Subaru opens new store on 28th Street

Written by | Monday, 19 January 2015 12:49 |

Grand Rapids-based Fox Motor Group LLC has announced the completion of its new Subaru dealership located at 6045 28th Street SE in Grand Rapids.

Muskegon-based Nichols Paper & Supply Co. recently announced its acquisition of Professional Sanitary Supply Corp. of Waterford, a suburb of Detroit, according to a statement.

A subsidiary of Grand Rapids-based Universal Forest Products Inc. (Nasdaq: UFPI) has acquired a majority stake in Brisbane, Australia-based Integra Packaging Proprietary Ltd., according to a statement.

Grand Rapids-based Meritage Hospitality Group Inc. has acquired nine Wendy’s restaurants in Tallahassee, Fla. from a franchisee, the company said in a statement.

Amway acquires energy drink

Written by | Wednesday, 14 January 2015 12:58 |

Ada-based direct-selling giant Amway Corp. has acquired XS Energy brand. The producer of energy drinks, which has grown to $150 million in sales, was founded by California resident David Vanderveen, an Amway Independent Business Owner (IBO), the company said in a statement.

The five-year supply agreement gives Perrigo’s nutritionals divisions exclusive rights to a full line of store-brand gummy products using Ferrara’s gummy technology and manufacturing capabilities that also have the potential for over-the-counter products.

OST expands to suburban Chicago

Written by | Monday, 12 January 2015 14:05 |

Grand Rapids-based technology firm Open System Technologies (OST) has announced an expansion to an office in Oakbrook Terrace, Ill. - a Chicago suburb - according to a news release.

Grand Rapids economic development agency The Right Place Inc. has signed a contract to provide economic development services for Montcalm County, according to a statement.

Mindscape goes independent, moves offices

Written by | Monday, 12 January 2015 13:25 |

Grand Rapids digital marketing agency Mindscape has spun off from its partnership with Grand Rapids public relations firm Hanon McKendry Inc. (Do More Good). According to a news release, the two firms are no longer equity partners, although they will continue to collaborate.

New research suggests that West Michigan is losing one of its competitive advantages: its comparatively lower health care costs.

The company plans to repurpose 50,000 square feet of existing space to accommodate the production of a new reclining cinema seating product and investment in equipment and training for new employees.

New office space is being developed in the west side neighborhood of Grand Rapids.

 

Autocam Medical Devices LLC saw a close to its lengthy court battle yesterday.

Known for its upscale steaks and seafood, Louis Benton Steakhouse closed not so much because of a lack of business, said owner Brad Etheridge . Rather, the recent death of Etheridge’s business partner and a desire to move on to other business ventures drove his decision to close the downtown retaurant, he said.

The Evansville, Ind.-based Old National closed the deal Jan. 1, according to a document filed today with federal securities regulators. The deal for Founders Financial, the parent corporation of Founders Bank & Trust, adds marks Old National’s entry into the Grand Rapids-area market and adds four offices to the Michigan branch network for Old National, which now has 40 offices in the state.

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