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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.

Pennock Health Services in Hastings could become the next community health system to affiliate with Spectrum Health.

This summer’s merger with Firstbank Corp. drove up Mercantile Bank Corp.’s quarterly earnings.

Two lumber and building material buy cooperatives – Grand Rapids-based Progressive Affiliated Lumbermen Cooperative Inc. (PAL) and ENAP Inc. of New Windsor, N.Y. – have signed a non-binding letter of intent to merge the two organizations, according to a joint statement.

Stryker Corp. grew sales by 11.1 percent in the third quarter and is positioned to meet revenue and earnings expectation for the full year.

The trucking dealership group made the move after running into capacity constraints at its old facility amid rising customer demand, according to a release.

The Greenleaf Trust Trading Room, housed in Schneider Hall at Western Michigan University’s Haworth School of Business, will come equipped with Bloomberg and Morningstar terminals streaming real-time financial data.

An 11-percent dip in sales for the Sperry Top-Sider brand and a “tepid” U.S. retail market contributed to a down quarter for Rockford-based footwear and apparel marketer Wolverine World Wide Inc.

Profile Industrial Packaging Corp. expanded its capacity as it relocated its operations from Wyoming to Avastar Park in Walker, company officials announced Monday.

The Michigan governor’s race pits two very different candidates against each other.

Rural acreage near Niles to be auctioned off

Written by | Friday, 10 October 2014 12:14 |

On Nov. 5, 1,119 acres, which include two homes, grain storage and frontage on the Dowagiac River, will be auctioned by Indiana-based Shrader Real Estate & Auction Co. Inc., according to a news release.

Undercar Products Group expands Wyoming facility

Written by | Thursday, 09 October 2014 09:20 |

With $50 million in new business from General Motors and Ford Motor Co., Wyoming auto supplier Undercar Products Groups Inc. has expanded its facility at 4247 Eastern Avenue SE.

Grand Rapids-based Hungerford Nichols CPAs + Advisors has acquired two Greenville accounting practices, Dean Jensen CPA PC and Christine W. Kohn PLLC, according to a statement.

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