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New 12-story spec office tower proposed for GR

Written by | Thursday, 05 February 2015 12:29 |

If all goes as planned, developers hope to build the first speculative Class A office building in years in downtown Grand Rapids.

Carson Health in Montcalm County has been acquired by Sparrow Health of Lansing, according to a statement.

The Michigan Council for Arts and Cultural Affairs has awarded the Grand Rapids Public Museum a $27,500 grant to fund museum exhibitions and community programming, according to a statement.

Calvin College professor receives research grant

Written by | Thursday, 05 February 2015 11:31 |

Brendan Looyenga, biochemistry professor at Calvin College, secured a $295,939 grant from the National Cancer Institute at the National Institutes of Health.

Amway sales fell by $1B in 2014

Written by | Wednesday, 04 February 2015 09:41 |

Amway Corp. sales fell by $1 billion in 2014 compared to the previous year.

A subsidiary of Grand Rapids-based Universal Forest Products Inc. has acquired certain assets of Rapid Wood Mfg. LLC of Caldwell, Idaho, the company announced today.

Rose Technologies Co. announced today that it would change its name to Rose Medical, according to a statement.

Catherine’s Health Center in Grand Rapids received a $160,916 grant from Wilmington, Del.-based AstraZeneca HealthCare Foundation.

Brian Walker, CEO of Herman Miller Inc. (Nasdaq: MLHR), has been appointed to the board of directors for Grand Rapids-based Universal Forest Products Inc. (NASDAQ: UFPI), according to a statement.

The office furniture held “very steady” as the new year began, according to the latest quarterly activity index from Michael A. Dunlap & Associates.

The manufacturing sector continues to propel growth in the Midwest region, according to the latest Midwest Economy Index (MEI) released this morning by the Federal Reserve Bank of Chicago.

Holland-based Macatawa Bank (Nasdaq: MCBC) this afternoon reported annual net income of $10.4 million for 2014, or 31 cents per diluted share. That compares with net income of $9.5 million for 2014.

The CEO of Kalamazoo-based Millennium Restaurant Group has been elected chairman of the board of directors for the Michigan Restaurant Association.

The Grand Rapids Symphony was one of 22 orchestras across the nation to receive a grant from the Getty Education Community Investment.

Zeeland-based Gentex Corp. (NASDAQ: GNTX) closed its fourth quarter with single-digit sales growth compared to 2013 and projects high-single digit to low-double digit growth for the 2015 calendar, according to earning results released Jan. 28.

One-time charges hit Stryker earnings for 2014

Written by | Wednesday, 28 January 2015 10:03 |

Despite a sharp decline in earnings driven by one-time charges, Stryker Corp. grew sales and earnings by single digits in 2014 and expects a similar growth rate in 2015.

The Midland-based Chemical Financial (Nasdaq: CHFC) this afternoon reported net income of $62.1 million, or $1.97 per diluted share, for 2014, up from the $56.8 million, or $2 per diluted share, for 2013.

Covanta Kent Inc. receives awards from MIOSHA

Written by | Tuesday, 27 January 2015 14:33 |

Covanta Kent Inc., the company contracted by Kent County to process municipal waste, has been awarded a workplace health and safety award by the Michigan Occupational Safety and Health Administration (MIOSHA).

The West Michigan Sports Commission highlighted the economic impact of youth and amateur sports on West Michigan in a new survey.

Be the Change is a partnership with local high schools and colleges. Its goal is to support student success and academic leadership, more specifically, to reduce racial inequalities in education and the Grand Rapids community.

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Birgit Klohs - Lifetime Achievement Video

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