Perrigo Co.’s latest acquisition is designed to boost its product line for diabetes care. The Allegan-based company signed a definite agreement to acquire the assets of Alpharetta, Georgia-based CanAm Care for $36 million.
Now that Michigan appears on the right track economically, Business Leaders for Michigan plans to begin pushing a new initiative that seeks to build on what is already done well to drive new job creation and economic growth.
Two studies by Van Andel Research Institute scientists could help researchers gain a more complete understanding of distinct kidney cancer subtypes and lead to improved treatments.
The Michigan Economic Development Corporation is looking for a contractor to to run its e-commerce website, www.puremichiganstore.com, selling Pure Michigan-branded merchandise. Electronic proposals are due Monday, Jan. 23.
Educators from the Samuel Zell and Robert H. Lurie Institute for Entrepreneurial Studies at the University of Michigan’s Ross School of Business and at the Michigan State University’s Institute of Entrepreneurship and Innovation in the Broad College of Business have joined forces in forming the Michigan Entrepreneurship Education Leaders Forum.
United Federal Credit Union, headquartered in St. Joseph, announced on Jan. 1 that it completed its purchase of the assets of Griffith Savings Bank, headquartered in Griffith, Ind. The purchase marks the first time a federally chartered credit union has purchased the assets of a state-chartered, FDIC-insured mutual savings bank, according to a statement from UFCU.
Spartan Chassis Inc., a subsidiary of Spartan Motors Inc., announced in December that it received a multi-million dollar subcontract award from defense contractor BAE Systems. Spartan will support the production of advanced tactical vehicles and spare parts under the International Light Armored Vehicle (ILAV) Program.
A dozen Michigan business incubators will split $6 million in grants from the Michigan Strategic Fund to help launch and grow start-up companies throughout the state.
The Michigan Economic Development Corporation would operate a new $3 million venture capital matching fund for the state’s technology companies under a proposal outlined in December to the Michigan Strategic Fund Board. Mike Psarouthakis, VP of business acceleration for the MEDC, said initial proposed funding would total $3 million, but the hope is to get a commitment of $10 million over the next three years. Technology companies would have to be based in Michigan and follow all Strategic Fund reporting requirements to qualify.
MiBiz announced today that veteran business journalist Mark Sanchez has begun working for the region’s largest business publication as a Senior Writer. Sanchez will cover the West Michigan health care, finance and small business beats for MiBiz and its affiliated print and online publications.