Breaking News
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Sturgis Hospital secures $11M in state funding to remain open
The state will allocate $11 million to keep Sturgis Hospital open under a budget deal between top lawmakers and Gov. Gretchen Whitmer. -
HanesBrands pays Wolverine World Wide $90M for trademarks as part of lawsuit settlement
ROCKFORD — Footwear and apparel company Wolverine World Wide Inc. is selling the trademarks for the Champion sneaker marketed by its Keds LLC subsidiary to HanesBrands… -
Baker College sells Muskegon campus to county ahead of planned downtown expansion
MUSKEGON — Baker College has sold its Muskegon campus to Muskegon County for $9.9 million, allowing the private nonprofit college to expand its presence downtown,… -
Corporate giving surged in 2021 as Michigan outlook grows more optimistic
Philanthropic giving by U.S. corporations surged last year compared to 2020, a positive sign for Michigan nonprofits that tend to rely more on corporate donors… -
Inaugural Calvin School of Health dean seeks to grow partnerships with local health systems
The first dean of Calvin University’s new School of Health seeks to expand academic offerings and further build partnerships with local care providers.
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GR tech startup raises $4.4M to help employers analyze staff competencies
After spending nearly a decade in workforce development, Katie Hall set out to develop software that allows employers to better utilize their current employees. -
Developers plan 4-story, mixed-use project in GR’s Creston Neighborhood
GRAND RAPIDS — Developers plan to demolish two aging structures to make way for a four-story, mixed-use apartment building in Grand Rapids’ Creston Neighborhood, where business owners for years have…
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Auxo Investment Partners makes strategic acquisition of Indiana manufacturer
Grand Rapids private equity firm Auxo Investment Partners has acquired an Indiana-based manufacturer of braided lacing tapes, twines, cords and sleeving for the electrical, defense and aerospace markets. -
Hope Network to sell neuro rehab unit amid growing focus on mental health
The pending sale of Hope Network’s neuro rehabilitation business to a large, national care provider comes as the Grand Rapids-based nonprofit seeks to expand further into mental health care.
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State backs Battle Creek McCamly Plaza hotel redevelopment with $7.5M loan
State officials have approved a $7.5 million loan for the redevelopment of the former McCamly Plaza hotel in downtown Battle Creek that’s being led by an affiliate of the city’s… -
Life sciences company investing up to $430M to revive former BASF site in Muskegon Twp.
MUSKEGON TWP. — A former BASF herbicide production facility in Muskegon County would return to life with a potential $430 million capital investment by Global Life Sciences Solutions USA LLC.
ECONOMIC DEVELOPMENT
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Digital consultant Twisthink expanding with new headquarters at GR Innovation Park
Holland-based digital consulting firm Twisthink LLC is expanding with a new headquarters at the Michigan State University Grand Rapids Innovation Park.
MANUFACTURING
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UFP affiliate acquires 50% equity stake in key lumber supplier
An affiliate of Grand Rapids Township wood products manufacturer UFP Industries Inc. has acquired a 50-percent equity stake in a key supplier based in South Carolina.
SMALL BUSINESS
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Lawmakers, administration reach compromise on investment tax credit bill
State lawmakers have reached a compromise on a bill that would allow taxpayers to claim an income tax credit on their investment in a Michigan-based small business.
REAL ESTATE & DEVELOPMENT
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Supermercado Mexico owner plans $4.1M renovation to vacant south side GR building
GRAND RAPIDS — The co-owner of Supermercado Mexico grocery stores plans to invest $4.1 million to redevelop a vacant property into retail and office space in the city’s Roosevelt Park…
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HEALTH CARE
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Sturgis Hospital poised to close without new funding, buyer
Sturgis Hospital could close next month if it is unable to secure new funding or find a buyer, executives recently disclosed to the state.
NONPROFITS
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Rotarians launch fund to support women-owned businesses in Muskegon County
Applications are now open for the first round of grants from a newly established fund for women-owned businesses in Muskegon County.
FOOD / AGRIBUSINESS
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Kellogg to split into 3 separate companies under ‘next step’ of transformation
BATTLE CREEK — Kellogg Co. has unveiled plans to split into three independent companies and base the corporate headquarters for the largest of the three in Chicago.
FINANCE
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Incoming Fifth Third Bank CEO sees ‘excellent tailwinds’ in West Mich. market amid economic disruptions
Tim Spence takes the helm July 5 at Fifth Third Bancorp Inc., succeeding Greg Carmichael, who’s retiring as CEO and becomes executive chairman.
ENERGY
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Regulators approve Consumers Energy’s ‘historic’ plan to shutter West Mich. coal plant in 2025, speed up energy storage
The Michigan Public Service Commission has approved Consumers Energy’s latest long-term energy plan that calls for eliminating its coal-fired power in 2025 while also speeding up the deployment of energy…
TALENT
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Staffing agencies merge to expand services in West, Northern Michigan
Grand Rapids staffing and human resources outsourcing firm Axios HR recently completed its merger with Petoskey-based PMP Personnel Services, creating an 11-office entity spanning Northern to Southwest 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
- ‘Ridiculous’ federal rule change could close 20 Michigan Works! training centers
- The Sovengard’s relocation plan stalls amid parking, neighborhood concerns
BUSINESS NEWS
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Former Giordano’s near Holland to reopen as El Patron
Growing Grand Rapids and beyond | WOODTV.com -
BJ’s Restaurant to replace shuttered 28th St. Toys R Us
Growing Grand Rapids and beyond | WOODTV.com
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Bridge St. shuffle: Broad Leaf taking Sovengard spot
Growing Grand Rapids and beyond | WOODTV.com
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State backs McCamly Plaza Hotel revitalization
Growing Grand Rapids and beyond | WOODTV.com -
Biotech manufacturer eyes plant near Muskegon to create 200 jobs
Growing Grand Rapids and beyond | WOODTV.com