Chicago-based insurance brokerage Hub International Limited acquired Pinnacle Insurance Partners of Grand Rapids, according to a statement. The Pinnacle operations and employees will become a part of Hub’s Midwest East division in Grand Rapids.
Contract research organization CeeTox Inc. of Kalamazoo was acquired by Apredica LLC, the U.S.-based subsidiary of the U.K. firm Cyprotex PLC, for 630,000 pounds – about $1 million – plus a consideration of 5 percent based on net sales in the next four years, according to a statement.
Kalamazoo-based Stryker Corp. (NYSE: SYK) announced it had entered a definitive agreement to acquire Patient Safety Technologies Inc. (OTCBB:PSTX) of Irvine, Calif. for $120 million. The company conducts business via its wholly owned subsidiary, SurgiCount Medical Inc.
Grand Rapids-based factory and warehouse systems provider Dematic acquired Upturn Solutions of Bigfork, Mont., according to a statement. Upturn Solutions is a provider of computerized maintenance management systems for distribution, manufacturing and other users.
Management for MVP Sports Clubs today announced a final detailed plan for the former Orchard Hills Swim and Sports Club at 115 Crahen Ave in Grand Rapids.
Grand Rapids-based Meritage Hospitality Group, Inc. (OTCQX: MHGU), the operator of many Wendy’s around Michigan, has acquired one of the national fast food chain’s restaurants in Jacksonville, Fla.
Kara Wood, the economic development director for the city of Grand Rapids, has been re-elected to the Michigan Economic Developers Association (MEDA), a coalition of economic developers from around the state.
While the fates of both the East Hills Athletic Club and the Michigan Athletic Club appear determined to close down, two new Planet Fitness franchises are set to open at the Centerpointe Mall and Rivertown Center in suburban Grand Rapids. Both clubs will be open and fully staffed 24 hours, seven days a week.
A semi-annual outlook predicts strong job growth in the first half of 2014 in the formation technology sector. Two-thirds of companies responding to a survey by Holland-based Paragon Recruiting said they planned to add I.T. staff in the next six months.
A semi-annual survey by Lansing-based worker’s compensation company Accident Fund Co. shows more small and mid-sized business leaders believe the Michigan economy is moving in the right direction. Michael A. Dunlap & Associates in Holland has signed on with a London colleague to collaborate for analytical reports on the office furniture industry.
Comstock Park-based Integrated Packaging Machinery (IPM), a maker of automated machinery for the dairy, food and beverage industry, today broke ground on a new 23,600 square foot facility in Rockford.
Launched in 2009, Consumers energy efficiency incentive program is expected to save participating customers more than $200 million in electricity and natural gas costs this year alone.
Comerica Inc.’s Economic Index for Michigan grew by 4.2 percentage points in September to 129.4. The latest index compares with an average of 114 for all of 2012 and is 11 percentage points higher than the 2011 average.
Citing “the timing of certain regulatory processes and approvals,” Mercantile Bank Corp. said the proposed merger with Firstbank Corp. will not close by the end of the year, even if shareholders approve the deal on Dec. 12.
Priority Health will allow individuals and small businesses to renew policies for 2014 that don’t comply with the federal Affordable Care Act. The Grand Rapids-based health plan decided to allow the renewals to give individuals and small employers with non-compliant plans more time to assess their options before moving to a policy that meets the benefits mandates of the ACA.
The state’s economy will continue to grow in 2014 and into 2015, adding a projected 130,000 jobs over two years, University of Michigan economists said.
Fallasburg Park in Lowell can expand by 20 acres thanks to $200,000 in gifts from the Lowell Area Community Foundation, the Peter C. and Emajean Cook Foundation, the Secchia Family, the Korth Family Foundation and the Kent County Parks Foundation.
Padnos Plastics Solutions Inc., a division of Holland-based recycling company Padnos, plans its first out-of-state expansion with a new facility in Fremont, Ind. The company is buying a 120,000-square-foot facility that will be operational by early next year and will create 22 jobs by 2016
Fresh off closing a $1.3 billion merger, the newly renamed SpartanNash Co. plans to retain its corporate headquarters in West Michigan and expand.
CWD Real Estate Investment announced today the firm has purchased the property that houses the Michigan Athletic Club at 2500 Breton Road, popularly known as the MAC, from a local investment group.