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MiBiz Staff

MiBiz Staff

GRAND RAPIDS — Regional economic development organization The Right Place Inc. recently announced new partnerships that would bring its services and expertise to Mason and Mecosta counties in West Michigan.

LANSING — The Michigan Economic Development Corp. has appointed four officials to lead in new roles aimed at business attraction, real estate development and site readiness as the state competes for transformational projects. 

LANSING — The Michigan Economic Development Corp. has appointed four officials to lead in new roles aimed at business attraction, real estate development and site readiness as the state competes for transformational projects. 

DETROIT — Vertically integrated cannabis company Gage Growth Corp. has secured a $55 million senior secured term loan to support retail acquisitions in Michigan and provide working capital.

GRAND RAPIDS — Spectrum Health is planning to spend $117 million in the coming months on pay raises and bonuses as health systems across the country deal with widespread staffing shortages.

Sunday, 21 November 2021 14:56

MiBiz Growth Report: November 21, 2021

Here is the MiBiz Growth Report for November 21, 2021.

GRAND RAPIDS — City officials will leverage more than $1.4 million in state grant funding to buy 12 new diesel- and compressed natural gas-powered fleet vehicles as part of a climate action plan to reduce greenhouse gas emissions.

OTISCO TWP. — Extruded Aluminum Corp. has landed $250,000 in state grant funding to support the manufacturer’s plans for a $30.4 million expansion near Belding.

GRAND RAPIDS — Bell’s Brewery Inc.’s announcement last week that it’s selling to the parent company of New Belgium Brewing Co. sent shockwaves through Michigan’s craft beverage industry. It also represents the latest in a series of high-profile deals involving Michigan craft beverage companies.

For the ninth year, MiBiz is putting the spotlight on best practices and excellence related to mergers, acquisitions, capital formation and other types of dealmaking throughout Western Michigan. We are seeking nominations for deals completed between Jan. 1, 2021 and Dec. 31 in the following categories:

GRAND RAPIDS — Fuel distributor Crystal Flash Inc. is expanding its service territory in the Midwest following the acquisition of an Illinois-based fuel and propane provider.

GRAND RAPIDS — A venture capital fund that plans to invest in minority-owned businesses has named Ollie Howie as its first managing director.

Sunday, 07 November 2021 13:17

MiBiz Growth Report: November 7, 2021.

Here's the MiBiz Growth Report for November 7, 2021.

NORTON SHORES — Nichols Paper & Supply Co., a Norton Shores-based distributor of paper, industrial packaging and sanitary supplies, has been acquired by a New Jersey-based distributor with deep experience in food service packaging and janitorial supplies.

GRAND RAPIDS — The city of Grand Rapids’ Economic Development Office is expanding the number of businesses that can apply for COVID-19 adaptation grants of up to $10,000.

Sunday, 24 October 2021 12:10

MiBiz Growth Report: October 24, 2021

Here is the MiBiz Growth Report for October 24, 2021.

PLAINFIELD TWP. — Architecture and engineering firm Progressive AE Inc. has joined a national challenge calling for all new buildings, developments and major renovations to be carbon neutral by 2030.

A Northern Michigan electric cooperative will buy power from a large-scale solar project being developed in Cass County.

ZEELAND — A recent acquisition by Gentex Corp. will allow the Zeeland-based company to expand on its offerings to the aerospace industry.

Sunday, 10 October 2021 12:57

MiBiz Growth Report: October 10th, 2021

Here is the MiBiz Growth Report for October 10th, 2021.

The philanthropic arm of Detroit-based utility DTE Energy has awarded more than $350,000 in grants to West Michigan nonprofits to support job readiness, food and education programs.

GRAND RAPIDS — Food, technology and recycling startups were among the 10 winners to receive individual $20,000 awards at this year’s 100 competition hosted by Grand Rapids-based business incubator Start Garden LLC.

GRAND RAPIDS — Varnum LLP has opened an office in Naples, Fla., marking the Grand Rapids-based law firm’s first location outside of Michigan.

WYOMING — Performance Plus Quick Oil Change Centers Inc. has added to its portfolio of oil change and car wash stores with the acquisition of Muskegon-based Van’s Car Wash Inc.

GRAND RAPIDS — Anticipating an uptick in demand for factory-built housing, Grand Rapids-based wood products manufacturer UFP Industries Inc. announced the acquisition of one of its current vendors.

Sunday, 26 September 2021 17:42

MiBiz Growth Report: Sept. 26, 2021

This is the MiBiz growth report for September 26, 2021.

Sunday, 12 September 2021 10:56

MiBiz Growth Report: Sept. 12, 2021

This is the MiBiz growth report for September 12, 2021.

Wednesday, 08 September 2021 16:20

Fabri-Kal to be acquired in $380 million deal

KALAMAZOO — Foodservice and consumer brand packaging manufacturer Fabri-Kal Corp. has reached a definitive agreement to sell to Pactiv Evergreen Inc. in a deal valued at approximately $380 million. 

GRAND RAPIDS — Third-party data center maintenance service provider Service Express LLC has bolstered its international presence with the acquisition of a U.K.-based firm.

DELTA TWP. — Amazon.com Inc. announced today that it will start building its first fulfillment center in the mid-Michigan region, a move that’s expected to bring 500 new full-time jobs to the area.

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