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Johnson Center names new executive director

Written by | Wednesday, 13 May 2015 10:26 |

One of the nation’s largest academic centers for philanthropy has a new executive director. Today, the Dorothy A. Johnson Center for Philanthropy at Grand Valley State University named Kyle Caldwell to the position.

A subsidiary of the non-gaming economic development arm of the Pokagon Band of Potawatomi Indians in Southwest Michigan has entered into joint venture with a Wisconsin construction management firm.

Atlanta-based Dixie Consumer Products LLC recently announced the permanent closure of its manufacturing facility in Parchment, Mich. outside of Kalamazoo.

DGRI proposes $9.7 million FY 2016 budget

Written by | Tuesday, 12 May 2015 11:35 |

Downtown management entity Downtown Grand Rapids Inc. (DGRI) yesterday proposed a $9.7 million budget for fiscal year 2016, subject to approval by the Downtown Development Authority Board of Directors and the Grand Rapids City Commission.

The closing of an Ohio software development office presented a unique expansion opportunity for Mutually Human LLC. The Grand Rapids software developer had known the employees of EdgeCase LLC for quite some time before the Ohio-based firm’s parent company decided to shut down its office in Columbus. When the seven EdgeCase developers decided to reach out to Mutually Human about a possible partnership, Mutually Human said yes.

The Michigan House of Representative passed a series of bills yesterday with wide bipartisan support to limit the effects of the $9.4 billion in outstanding tax credits issued under the former Michigan Economic Growth Authority (MEGA) program. But industry groups say the legislation effectively serves as a step toward incentive disarmament that will hurt Michigan’s ability to attract businesses and jobs.

Digital marketing firm Adtegrity Inc. will be the lead tenant in the recently approved 12 Weston office project in the Heartside District of downtown Grand Rapids.

Saugatuck Brewing Co. said yesterday that it has signed deals with three Ohio-based distributors and one Wisconsin-based distributor to fully cover both states with its Michigan-made craft beer.

Palo Alto, Calif.-based electric vehicles maker Tesla Motors Inc. has acquired a West Michigan tool and die firm.

A global automotive supplier plans to shutter its customer support and engineering operations in Holland by the end of the year. Van Buren Township-based Visteon Corp. informed the 240 employees at its Holland technical center yesterday of the planned closure, according to a statement.

While there ultimately “is a number at some point” where directors at Perrigo Co. plc would have to consider selling, this spring’s $4.5 billion acquisition of a Belgian company positioned it with a greater ability to grow and remain independent, Chairman and CEO Joe Papa said today.

Officials at Western Michigan University (WMU) announced that Italy-based FAiST Light Metals plans to locate its North American headquarters at the Business Technology and Research Park (BRT Park) in Kalamazoo.

Mylan N.V. remains committed to acquiring Perrigo Co. plc and plans to present its case directly to shareholders, setting up a potential shareholder fight for control of the company.

Two lakeshore towns receive MSHDA support

Written by | Tuesday, 05 May 2015 15:24 |

The lakeshore communities of Hart and Grand Haven have been selected for assistance by the Michigan Main Street Center (MMSC), a program through the Michigan State Housing Development Authority (MSHDA).

Despite a relatively slow start to the first quarter of 2015, regional companies have begun to see marked improvement in their businesses as the overall economy continues improve. That’s according to the latest Current Business Trends report published by Brian Long, director of supply chain management research for Grand Valley State University.

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