Battle Creek-based Kellogg Co. is selling off Keebler, Famous Amos and other snack brands in a move to reshape it product portfolio.
While Houston was reeling from the effects of Hurricane Harvey, employees of Wolverine World Wide Inc. began circulating an email chain with ideas about how they could help with the recovery efforts.
Global food manufacturer Kellogg Co. could lay off as many as 223 workers in 2018 as part of a larger manufacturing restructuring program.
West Michigan manufacturers continue to take a steady yet conservative approach to research and development spending.
Driven by relatively affordable real estate and a diverse workforce, the West Michigan region has become a growing hub for call centers, administrative back offices and — to a lesser extent — data centers.
Five West Michigan companies rank among the top performing organizations in the nation for providing an inclusive environment for lesbian, gay, bisexual and transgender (LGBT) workers.
Here is the MiBiz Growth Report for June 27, 2016.
• M&A: German company Kion Group AG, an industrial truck, material handling and logistics automation equipment manufacturer, plans to acquire Dematic Corp. for approximately $2.1 billion in what executives described as a “landmark” transaction. The deal values the logistics and automation firm, whose North American operations are based in Grand Rapids, at an enterprise value of $3.25 billion, according to a joint statement. Dematic generated $1.8 billion in revenues and $166 million in adjusted earnings before interest and taxes during the calendar year 2015. Kion Group will acquire Dematic from funds managed by New York City private equity firm AEA Investors LP and the Ontario Teachers Pension Plan. The deal, which is expected to close in the fourth quarter pending regulatory approval, also carves out “certain liabilities,” according to a statement.