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While for-profit businesses get the bulk of the credit for West Michigan’s economic success, the role that local nonprofits play in the community’s health, wealth and wellbeing often goes under-reported and unrecognized. 

GRAND RAPIDS — Facing a future in which the role of the traditional automobile is changing, officials in Grand Rapids continue to evaluate long-term mobility investments, particularly when it comes to parking.

Early research shows dip in Michigan VC activity

Written by | Sunday, 22 January 2017 11:03 |

Venture capital investors say work over more than a decade to spur greater innovation and build a better entrepreneurial climate in Michigan has provided them with better investment prospects.

As the story goes, Jim Koch found his great-great grandfather’s lager recipe and decided to get into the beer industry. More than three decades later, the craft brewing pioneer and founder of The Boston Beer Company Inc. became perhaps the first craft beer billionaire based on the success of Samuel Adams Boston Lager. In the Harvard graduate’s 2016 book, “Quench Your Own Thirst: Business Lessons Learned Over a Beer or Two,” Koch discusses the management techniques he used to help grow Boston Beer (Nasdaq: SAM) into the fifth-largest U.S. brewery by sales volume. After addressing the Michigan Brewers Guild’s Winter Conference in Kalamazoo this month, Koch joined MiBiz over a beer to discuss the state of the ever-changing industry. 

MIDDLEVILLE — Backed by a new investment, Middleville Tool & Die Co. wants to ramp up its manufacturing capabilities that will pull it further away from its legacy business.

The next two years are shaping up to be a busy time for tool and die makers in West Michigan and beyond.

Michigan Republicans are taking swift action at the start of this year’s legislative session to gradually phase out Michigan’s income tax.

HOLLAND — While many producers of advanced electrical systems have their sights set on electric vehicles, one West Michigan manufacturer is pursuing a more underserved sector.

The 2,000-plus cyclers who will pedal through West Michigan this June for the Gran Fondo event will do more than just get in a day’s ride. 

West Michigan’s cost advantages for health care services may be eroding.

Jobseekers in Michigan may want to consider careers in the nonprofit sector.

MiBiz Growth Report: Jan. 23, 2017

Written by | Sunday, 22 January 2017 17:09 |

Here is the MiBiz Growth Report for Jan. 23, 2017.

• M&A: Bryan Betten and Chris Baker, two veteran West Michigan dealership executives, have acquired Grand Chrysler Dodge Jeep Ram in Lowell from former owner Harvey Koning. Betten-Baker is in the process of acquiring the remaining Grand Auto Family Services Inc. dealerships owned by Koning, which include facilities in Grandville, Allegan and Lowell, said Pete Ricards, division director at Betten-Baker. The company also is acquiring a Big Rapids-based GMC dealership from Gary Trimarco Automotive group, but is waiting on manufacturer approval from General Motors to complete both deals. 

A long vacant and blighted building in Cereal City’s downtown could soon see new activity. Battle Creek’s city commission on Tuesday approved a $570,000 loan for a subsidiary of Grand Rapids-based development firm 616 Lofts LLC to assist the company with cleanup efforts at the 19-story Heritage Tower at 25 West Michigan Ave., according to a report from the Battle Creek Enquirer.

A local developer has scrapped plans for multifamily housing at a proposed twin-tower downtown Grand Rapids development to pursue a hotel tenant instead, MiBiz has learned.

Essence Restaurant Group will bring its popular Green Well Gastropub restaurant brand to northern Kent County.

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