Mark Sanchez

Mark Sanchez

Senior writer, covers health care, finance and life sciences. Twitter: @masanche

GRAND RAPIDS — Mercantile Bank Corp. today reported strong results for the second quarter, setting up the second half of 2019 for continued growth.

GRAND RAPIDS — Joe Manica took over this month as president and CEO at United Bank.

Sunday, 07 July 2019 19:00

Court ruling dashes plans for new AHPs

If a remedy ever comes, The Employers’ Association still wants to offer members an option for employee health coverage.

KALAMAZOO — The last time Bronson Methodist Hospital hired a new CEO, the organization operated a single hospital with an assortment of outpatient clinics in the Kalamazoo area.

GRAND RAPIDS — Securing a top rating for financial stability could boost business for a West Michigan company that underwrites product liability insurance coverage for the cannabis industry.

Commercial bankers say clients’ demand for credit remains strong, although borrowers in West Michigan are carefully watching what’s ahead for the economy.

After issuing a steady string of interest rate increases over the last three years, the Federal Reserve could start lowering rates again in the coming months in a move to keep the economy growing, making borrowing a little cheaper for businesses.

Initially seeded with state money seven years ago to provide financing to growing Michigan-based businesses, Grow Michigan LLC expects to begin seeking investors for a second fund totaling nearly $60 million.

Trudy Ender joined Susan G. Komen Michigan on July 1 as its executive director. In her new role, she leads the local affiliate of the Dallas, Texas-based Susan G. Komen for the Cure Breast Cancer Foundation, which works to support research, as well as cancer screenings, diagnostics, education, outreach, and support services for patients and survivors. Susan G. Komen Michigan served more than 85,000 people last year in 24 counties across the state. Ender, who previously served as executive director of the Humane Society of West Michigan after working for years in the public sector, spoke with MiBiz about her vision for the statewide nonprofit. 

ALLEGAN — Perrigo Co. plc today closed on the $750 million cash acquisition of Grand Rapids-based Ranir Global Holdings LLC.

A new sentiment survey finds business owners still feel good about present conditions, despite outlooks for slower economic growth and ongoing worries about talent and health care costs.

GRAND RAPIDS — Priority Health is considering its next moves for two properties adjacent to its corporate headquarters at Leonard Street and East Beltline Avenue.

GRAND RAPIDS — The tight labor market that many CEOs across the nation worry about these days cut into Steelcase Inc.’s quarterly sales growth.

The idea sounds simple: Create a $150 million to $200 million fund supported by foundations and university endowments to back venture capital investors in the Great Lakes states.

MUSKEGON — Jim Edmonson’s return to a position he first held 15 years ago provides momentum for Muskegon Area First, whose directors are planning for the future after restructuring the economic development organization into a private-sector-led model.

GRAND RAPIDS — Start Garden Inc. says it’s gaining traction on an effort launched two years ago that put more emphasis on diversity.

GRAND RAPIDS — As more employers shift to high-deductible health plans, hospitals and doctors have wrestled with collecting the portion of the bill from patients who have not yet met their deductibles. 

Tuesday, 18 June 2019 09:28

Priority Health to buy Detroit-area TPA

GRAND RAPIDS — The planned acquisition of a Detroit-area third-party benefits administrator will give Priority Health a greater ability to pursue business with employers that self-fund their health benefits.

A new medical device company in Kalamazoo plans to begin building a business around a product acquired from Stryker Corp. to treat a painful and potentially life-threatening condition.

Kalamazoo-based Vestaron Corp. plans to use $40 million in new capital to expand commercialization and accelerate the development of an additional line of environmentally friendly pesticides. 

GRAND RAPIDS — Since September 2017, Metro Health – University of Michigan has signed up 20 employers that contract directly with the health system to provide medical care for some 4,000 employees and their dependents.

GRAND RAPIDS — Carl Erickson began thinking 12 years ago about how Atomic Object LLC would eventually carry on without him.

GRAND RAPIDS — When advisers begin to prepare a business for a transition and sale, they also need to prepare the entrepreneur for what’s next.

Shoppers often visit Great Northern Trading Co. to look around and ask about products. Many visitors to the Rockford-based home decor and gift store also pull out their smartphones to compare prices with online retailers. 

GREENVILLE — Edgewater Bancorp Inc. opened a loan office in Greenville after hiring a veteran commercial lender.

GRAND RAPIDS — US Signal Co. LLC began construction this week on a new data center in Van Buren Township, between Detroit and Ann Arbor.

ALLENDALE — Grand Valley State University extended a capital campaign that now seeks to raise a targeted $100 million or more.

Operating under a new name, a Detroit-based foundation for children aims to carve out a philanthropic role in West Michigan and create a statewide presence.

majority of retailers across Michigan report higher sales this spring and expect to sustain growth well into the summer.

MUSKEGON — After restructuring into a private-sector-led group, the economic development organization for Muskegon County brought back a prior chief executive.