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Steel 21 LLC, a maker of dies and molds based in Algoma Township, has been approved for a P.A. 198 tax abatement to support its $4.5 million capital investment and creation of 61 new jobs over the next three years.

The company's home city of Belding has awarded the firm a P.A. 198 tax abatement in support of the investment. The company seeks to increase use of automation and greater diversification of its market capabilities, as MiBiz has previously reported.

Warner Norcross opens Kalamazoo office

Written by | Tuesday, 20 May 2014 13:32 |

Warner Norcross & Judd LLP opened a law office in Kalamazoo, its eighth in Michigan.

Grand Rapids-based 616 Development LLC and Rockford Development Group have partnered to purchase an aging property in the city’s west side neighborhood.  

Grand Rapids-based furniture manufacturer Steelcase (NYSE: SCS) inked a deal with national office supplies retailer Staples Inc. (NASDAQ: SPLS). Under the deal, businesses have the opportunity to purchase Steelcase products on www.staples.com and in select Staples stores around the country.

A Boca Raton, Fla.-based investment firm recently closed on the purchase of 44 CVS convenience stores throughout the country, including three Michigan properties with one Grand Rapids location.

Huntington Bancshares Inc. has agreed to buy another 13 Bank of America offices in Michigan, including two locations in Holland and Muskegon.

A creperie is the latest addition to the mix of food options available at the Grand Rapids Downtown Market. Penelope’s Creperie, is expected to open May 26, with construction starting this week.

Mercy Health plans to sell two of its hospitals in northern Michigan to Traverse City-based Munson Healthcare.

PNC Bank economists expect economic growth across Southwest Michigan to remain strong at least through next year.

The two banks announced approval of the $151.5 million stock transaction this afternoon. The combination of Mercantile and Firstbank will create the third-largest Michigan-based bank with 53 offices in the central and western Lower Peninsula.

Co-owner Dan Perrin told MiBiz that the brewery seeks to begin making hard apple cider due to large demand for it, as well as a significant amount of gluten-free customers asking for the product.

Perrigo Co.’s quarterly sales exceeded $1 billion for the first time during the first three months of 2014.

CHE Trinity Health and Ascension Health Michigan say they have formed a new clinical network of integrated care providers across that state.

American Airlines, in partnership with U.S. Airways, has announced that beginning Sept. 3 the airline will offer two daily non-stop flights to Charlotte/Douglas International Airport (CLT) and Philadelphia International Airport (PHL) from Gerald R. Ford International Airport (GFIA).

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