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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.

Macatawa Bank Corp. reported net income of nearly $2.8 million, or 8 cents per diluted share, up 23 percent from the $2.2 million a year earlier.

Located in Battle Creek at 12891 Harper Village Drive, the 102-room hotel is located less than 10 minutes from Kellogg’s corporate headquarters and Binder Park Zoo.

Chemical Financial Corp. posted higher earnings and strong volume growth for the third quarter.

Gentex boosted by improving global mirror shipments

Written by | Wednesday, 22 October 2014 09:17 |

Gentex (Nasdaq: GNTX) reported sales of $350.9 million in the third quarter, an increase of nearly 21.6 percent from $288.6 million in the same period a year ago.

Nationally acclaimed Detroit-based barbecue joint Slows Bar-B-Q plans to open a new, full-service restaurant inside the Downtown Market in Grand Rapids.

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