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Two large-scale renewable energy projects are moving forward along a stretch of M-46 in eastern Muskegon County.

Auxo looks ahead after closing $50 million PE fund

Written by | Saturday, 15 September 2018 09:54 |

Closing fundraising for a $50 million private equity fund gives Auxo Investment Partners a year-long breather before preparing to raise capital for a second fund.

The City of Muskegon wants to buy a shuttered state prison, wrap it into an adjacent industrial park and lure a new company to the lakeshore, MiBiz has learned.

Growing in the face of adversity and challenges was a key takeaway message during this year’s 9th Annual Michigan Contractor of the Year (MCOY) Awards, hosted by the American Subcontractors Association of Michigan.

The acquisition this month of Gemini Corp.’s assets by a Southeast Michigan publisher comes amid a broader consolidation trend in the media industry.

A turbulent period full of major disruptions for the automotive industry has translated into business doubling for Conway MacKenzie Inc., a Birmingham, Mich.-based turnaround firm.

Today’s favorable M&A environment is pushing many middle-market business owners to consider selling their businesses.

ROCKFORD — Just months after rebranding its downtown Rockford location as Rockford Riverside Grille, Essence Restaurant Group has announced it will cease restaurant operations and reopen temporarily next month as an events and banquet facility.

As the new owner of Blough Inc., Sean Larkin plans to maintain the company’s roots as a metal finisher in the middle of “farming country.”  

Lakeshore community primed for redevelopment

Written by | Saturday, 15 September 2018 21:12 |

The village of Spring Lake, located just east of Grand Haven in northwest Ottawa County, needs a proper downtown.

West Michigan developers are taking notice of a new tax deferral mechanism intended to spur investment in both urban and rural areas, even if they lack details on how the program will be implemented.

Federal rules issued this summer widen an avenue for small businesses to offer employee health benefits by making it easier for them to unite to form an association health plan.

Bill Manns’ pending departure from Mercy Health Saint Mary’s to run sister hospitals in Southeast Michigan came about as the result of both a professional and personal decision.

A promise first made in 2010 to students attending high school in Holland and Zeeland is about to grow through a new partnership.

In the 12-month period from June 2017 to June 2018, Commerce Bank’s outstanding commercial loan balances in West Michigan grew by 100 percent.

By implementing auto-steer technology on tillage equipment, Jeff VanderWerff has increased efficiency by roughly 15 percent on his 2,000-acre Kent County farm.

West Michigan farmers call for action on trade policy

Written by | Saturday, 15 September 2018 21:45 |

As discussions over international trade policies have ramped up in recent months, West Michigan farmers say more needs to be done to ensure the U.S. has a “level playing field” with other countries.

Not even depressed commodity prices, stalled trade talks, labor constraints and climate change can stanch farmers’ optimism.

Q&A: Guylaine Donavan - Vice President, Hylant

Written by | Saturday, 15 September 2018 21:55 |

More than 2,600 Michigan residents died in 2017 from an opioid overdose. That’s an increase of more than 80 percent over the last five years, according to data from the U.S. Centers for Disease Control and Prevention. Nationally, the CDC reports that more than 42,000 people died in 2016 from drug overdoses that involved opioids, obtained both legally and illegally. Benefits firm Hylant Group Inc. recently published a risk assessment scorecard on opioids for employers. MiBiz spoke with Guylaine Donavan, a client executive and vice president at Hylant’s Grand Rapids office, about the opioid epidemic.

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