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Building on plans first rolled out a year ago, Mercy Health Muskegon is now considering a massive expansion and renovation project that could cost upwards of $220 million.

Prolonged bad weather and a poor holiday season last year tamped down Rockford-based footwear and apparel company Wolverine World Wide Inc.'s (NYSE: WWW) fourth-quarter performance.

Grand Rapids-based Varsity News Network closed on $3 million in Series A funding from venture capital and angel investors that will fund national expansion and development of a mobile app, the company announced on Monday.

Stryker to acquire Berchtold for $172M

Written by | Tuesday, 18 February 2014 10:04 |

Kalamazoo-based medical device maker Stryker Corp. (NYSE: SYK) has reached a definitive agreement to acquire device manufacturer Berchtold Holding AG for $172 million.

Grand Rapids-based fuels distribution company Crystal Flash has acquired the family-owned Owens Petroleum Inc. and Owens Propane Service Inc. of Albion, according to a statement.

Pennock Health Services plans to build a new $70 million hospital and physician offices in the Hastings area, replacing an aging facility with a modern plant that's more conducive for today's medical technology and era of reform.

Battle Creek-based Kellogg Co. (NYSE: K) has announced it will open its North America Global Business Services (GBS) Service Center in Grand Rapids.

GHSP, a unit of Grand Haven-based JSJ Corp. that produces mechanical controls for the auto industry, named Jeff Smith as president and promoted Ken Wagner to senior vice president and chief financial officer.

The West Michigan Center for Arts and Technology (WMCAT) in Grand Rapids has acquired the ceramics studio in the Urban Institute of Contemporary Arts with plans to expand class offerings for teens and adults starting this summer.

Holland-based product development firm AngleWorks recently sold its iLean shelving unit to Sauder Woodworking Co. With headquarters in Archbold, Ohio, Sauder is the nation’s fifth largest furniture manufacturer.

GROW Michigan Fund lent $20.1 million last year

Written by | Wednesday, 12 February 2014 10:12 |

A fund set up last year by Ann Arbor investors, the state and a consortium of banks wrote 12 loans to growing businesses for a collective $20.1 million. The GROW Michigan Fund says the loans supported capital investments of $141.0 million.

Borgess Health in Kalamazoo is among five health systems statewide to sign a new performance-based reimbursement contract with Blue Cross Blue Shield of Michigan.

Kalamazoo-based Consumers Credit Union plans to expand into the Grand Rapids-area market with two new offices, on 68th Street in Gaines Township and on 28th Street in Cascade.

Fat Johnny’s Cheesesteak Company is opening a downtown Grand Rapids location. Sixty North Ventures, LLC, a company owned by real estate development firm First Companies, recently signed a lease with the restaurant for space in the former Van Hoeks Shoes store at 80 Ottawa Avenue NW.

After more than four decades in the office furniture industry and 13 years after founding Izzy+, Chuck Saylor plans to retire this summer and turn over leadership to a new generation.

Ending a six-year partnership with national brokerage firm Keller Williams Realty, Grand Rapids-based Steve Volkers Group is now an independent home brokerage firm. Going forward the company will operate under a new name, SVG Real Estate Firm, according to a recent release.

A global clinical research service company plans to shut down its operations in Southwest Michigan, citing a challenging market and decreased demand for its animal research models.

The Allegan-based Perrigo (NYSE: PRGO) this morning reported sales of $979.0 million for what was the second quarter of the 2014 fiscal year, up 11 percent from the same period a year earlier.

Kellogg Co. reports fourth quarter sales

Written by | Thursday, 06 February 2014 09:45 |

Battle Creek-based Kellogg Co. (NYSE: K) today reported fourth quarter sales of $3.5 billion, down 1.7 percent from $3.56 billion in the same period a year ago, about $20 million lower than analysts had expected.

Grand Rapids-based Syzygy Biotech Inc. has rebranded to Empirical Bioscience LLC, according to a statement. The company manufactures a line of reagents used by researchers in the life sciences industry.

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