Breaking News
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Advia Credit Union names Fielder as next CEO under transition plan
KALAMAZOO — Advia Credit Union has named longtime Chief Financial Officer Jeff Fielder as its next president and CEO. -
Former Cherry Deli building sold to growing catering, personal chef business
GRAND RAPIDS — A husband and wife duo are moving their catering and personal chef business into the building formerly occupied by neighborhood staple Cherry… -
Beverage companies seize on ‘mocktail’ movement driven by the sober curious
As a sober resident in a city widely recognized for its craft beer scene, Paul Clark struggled to find non-alcoholic options outside of soda, coffee… -
Longtime Amway employee joins Guiding Light leadership team
Grand Rapids-based Guiding Light Mission Inc. has tapped a longtime Amway Corp. community relations specialist to lead the nonprofit’s fundraising and communications. -
‘Lab shopping’ accusations create tough environment for cannabis testing facilities
Linda Palmatier recently closed her Kalamazoo cannabis testing facility, The Spott Laboratory, hoping state regulators create what she sees as a more level playing field…
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Persistent inventory constraints, shifting EV sales model could change dealership format
Anewly built flagship Subaru store that Fox Motor Group LLC opened in Cascade Township simultaneously demonstrates the latest in new dealership technology and what could become a fading part of… -
In the CHIPS Act, auto suppliers see a light in the tunnel
For more than two years, global supply chain disruptions have delayed orders of the ubiquitous semiconductor chips found in products as diverse as home appliances, video game consoles and high-grade…
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Zeeland-based Mead Johnson facility to process millions of specialty infant formula servings
ZEELAND — A West Michigan formula producer will import roughly 331,000 pounds of infant formula base powder this month from a facility in Mexico to be blended, packaged and redistributed. -
Shops at CenterPoint mall in Grand Rapids sells for $63.5M
GRAND RAPIDS — The owners of the Shops at CenterPoint mall in Grand Rapids have sold the property in a $63.5 million transaction.
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State officials announce $6M in additional funding for Reconnect students
GRAND RAPIDS — Lt. Gov. Garlin Gilchrist announced today in Grand Rapids that an additional $6 million in grant funding will be available to qualifying students in the Michigan Reconnect… -
Long Road Distillers to close Cadillac location, citing staffing shortages
CADILLAC — Long Road Distillers LLC is shutting down its Cadillac tasting room after a year in business because of staffing challenges.
ECONOMIC DEVELOPMENT
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MiBiz Growth Report: Aug. 15, 2022
Here is the MiBiz Growth Report for August 15, 2022:
MANUFACTURING
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Whirlpool acquires InSinkErator in $3B all-cash deal
BENTON HARBOR — Global appliance manufacturer Whirlpool Corp. has acquired a leading manufacturer of food waste disposers and instant hot water dispensers for $3 billion.
SMALL BUSINESS
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Q&A: Consultant in new advocacy role sees creativity as strength for small biz
JetCo Federal President Sue Schweim Tellier has stepped into a new advocacy role after being named vice chairperson of the Small Business Association of Michigan’s (SBAM) executive committee.
REAL ESTATE & DEVELOPMENT
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Marketing firm purchases west side GR office as in-person work returns
GRAND RAPIDS — Marketing agency 1 Bold Step LLC has purchased a small office building on Grand Rapids’ west side as company executives gradually return to more in-person work.
HEALTH CARE
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Health providers welcome restraining order in chaotic day for Michigan abortion rights
BHSH System, the parent corporation of Spectrum Health in West Michigan and the largest in-state health system, will “continue to provide reproductive health care to our communities” as a legal…
NONPROFITS
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Kent Co. senior millage extension to boost nonprofit’s new technology support program
A Grand Rapids nonprofit providing independent living services received a boost last week when Kent County voters extended a senior services millage that will help the organization’s recently launched technology…
FOOD / AGRIBUSINESS
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MiBiz on WOOD-TV8: Zeeland facility to prepare major shipment of specialized infant formula
A Mead Johnson & Co. LLC production facility in Zeeland is set to receive more than 300,000 pounds of infant base formula to blend, package and redistribute in the coming…
FINANCE
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Charter Capital Partners prepares to raise second, larger mezzanine fund
GRAND RAPIDS — Three years after forming a fund to invest in companies needing growth capital, Charter Capital Partners LLC has begun preparing to start a larger, successor fund.
ENERGY
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Once-vetoed solar taxation bills resurface with changes to build local support
Legislation similar to bills that Gov. Gretchen Whitmer vetoed in 2020 involving the taxation of commercial solar energy developments was reintroduced this summer with changes to gain broader support from…
TALENT
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People in the News: Aug. 15, 2022
People in the News: A roundup of new hires, promotions and awards in West Michigan.
Trending News
- Rockford Construction plans 245-unit apartment building, parking deck on GR’s west side
- Developers plan 4-story, mixed-use project in GR’s Creston Neighborhood
- Wolverine World Wide innovation team aims to solve key challenges for company brands
- Family owned food manufacturing giant Roskam Baking Co. sells to Chicago PE firm
- Wedding venue’s LGBTQ policy draws backlash, spurs inclusive vendor directory
BUSINESS NEWS
From our partners at
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Grand Rapids club to get new home after fire
Growing Grand Rapids and beyond | WOODTV.com -
Red Hot Inn owner to launch food truck
Growing Grand Rapids and beyond | WOODTV.com -
Ann Street eyesore OK’d for demolition
Growing Grand Rapids and beyond | WOODTV.com -
Küsterer Brauhaus opens in Grand Rapids
Growing Grand Rapids and beyond | WOODTV.com
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HomeGoods, Sierra, Kid to Kid to open near RiverTown Crossings mall
Growing Grand Rapids and beyond | WOODTV.com