Joe Boomgaard

Joe Boomgaard

Editor, covers craft beverage industry.
Twitter: @jboomgaard
Email: [email protected]

Many executives at companies in West Michigan’s medical device supply chain came out of the automotive industry only to find they’re facing all-too-familiar challenges in their current roles.

A farmer owned and operated hop grower in northern Kent County has acquired a nearby operation whose owners were looking to move into their next phase of life.

Boersen Farms Inc., the Zeeland-based farming company that flirted with bankruptcy, is no longer under the control of a court-appointed receiver.

With $562 million in cash on its balance sheet, automotive supplier Gentex Corp. continues to be on the hunt for acquisition opportunities that can help bolster its technology portfolio.

The active mergers and acquisitions market shows no signs of slowing down for the foreseeable future. 

The family-owned Middleville Tool & Die Co. found itself in a precarious position in the last couple of years leading up to December 2016. 

For its first acquisition following the transformational deal that created SpartanNash Co., the grocery retailer and distributor opted to buy a company that positioned it in a related high-growth market.

GRAND RAPIDS — A West Michigan investment company has completed the first in what it hopes to be a string of acquisitions of independent, regional seed producers. 

GRAND RAPIDS — As the craft beer industry continues to grow, it’s contributing to more economic activity in Michigan, both within the sector and its expanding supply chain. 

A West Michigan farm operator that’s facing a string of financial issues has been sued by agricultural giant Monsanto Co. for breach of contract.

A West Michigan craft brewery wants to open a satellite taproom and production-scale facility at the former MC Sports store on Plainfield Avenue near the I-96 interchange.

Two years after acquiring a 51-percent stake in Virtue Cider, an entity tied to global brewing conglomerate Anheuser Busch LLC has acquired the remainder of the company.

A Chicago-area real estate investment firm has purchased the Tesla Tool and Die plant in Grand Rapids as part of a multi-state, 11-building portfolio, MiBiz has learned.

GRAND RAPIDS — When it came time to buyout a business partner, Fish Lads of Grand Rapids Inc. founder and part owner Jeff Butzow turned to another local grocery executive with extensive experience.

Pigeon Hill Brewing Co. wants to change up its operations and presence in downtown Muskegon.

Matt Michiels has known for the last two years that he needed to expand his growing West Michigan craft brewery.

With strong cash flow in the first half of the year and backed by a positive outlook for the rest of 2017, executives at Wolverine World Wide Inc. are getting aggressive in pursuing new growth opportunities.

MUSKEGON — A startup business on the lakeshore is helping craft brewers globally to diversify the mix of packaged products they can sell via their taprooms.

A family farming and trucking operation in Southwest Michigan is restructuring its finances through Chapter 12 bankruptcy protection, according to a filing Wednesday in the U.S. Bankruptcy Court for the Western District of Michigan.

Railtown Brewing Co. will be moving next year, but thirsty patrons won’t have to travel far to get to the company’s new location.

When Jim Hackett retired from the corner office at Steelcase Inc. in 2014, he told MiBiz the “narrative is still being written” about what he planned to do in the next phase of his professional life.

Jim Hackett, the former top executive at Grand Rapids-based office furniture manufacturer Steelcase Inc., has been tapped to lead Ford Motor Co.

International appliance manufacturer Whirlpool Corp. plans to acquire a technology company specializing in online food recipes.

Dutch Girl Brewery Inc. has filed for Chapter 7 bankruptcy in the U.S. Bankruptcy Court for the Western District of Michigan about a month and a half after closing its doors.

“It’s definitely not easy anymore.”
— Jason Spaulding, Brewery Vivant

As Michigan’s craft beverage industry matures and gets more competitive, it’s causing more than a few growing pains to emerge. Additionally, the pace of growth has slowed, forcing producers
to rely on solid business practices to succeed. In this comprehensive special report, MiBiz examines how these companies are adapting their strategies to survive in the ever-changing market.

As the craft brewing industry grows in Michigan and beyond, it has been met with a continual skepticism about whether the market can support even more producers. Every industry hiccup stirs talk of a craft beer bubble that’s on the verge of bursting. In separate interviews, MiBiz brought that discussion to three professional advisers to get their take on the state of the industry.

Thirsty Michigan craft beer consumers bought the equivalent of around 59,000 more pints of Brewery Vivant’s beer in 2016 than they did the year before.

Milacron Holdings Corp. today detailed its plans to invest in a West Michigan manufacturing facility.

An operator of private prisons plans to close its facility in Northern Michigan’s Lake County.

As the four partners developed the business plan for Creston Brewery, they faced a key decision that would define the future direction of their company.