After spending the last two years running Charlotte’s Rising Tide community economic development program, Dillon Rush hopes to bring his expertise to the Lansing and Mid-Michigan region.
In politically conservative Calhoun County, Scott Fleming embraces the economic potential of legal marijuana businesses.
Here is the MiBiz Growth Report for Jan. 22, 2018:
• M&A: Bridgman-based Kruger Plastic Products has been acquired by Chicago-based private equity firm HC Private Investments, according to a statement. Kruger President Pat Brandstatter and VP of Engineering Dirk Kruger retained “significant stakes” in the custom injection molding company. Terms of the deal were not disclosed. Grand Rapids-based Varnum LLP served as legal counsel to Kruger, which was advised on the transaction by BlueWater Partners LLC, a Grand Rapids-based investment banking and consulting firm.
LANSING — A New York-based venture capital firm wants to propel Michigan’s nascent fashion industry to runways everywhere.
Two buildings just northwest of the state’s Capitol Building will undergo significant renovations, according to a statement from economic development organization Lansing Economic Area Partnership (LEAP).
As developers from around the Midwest descend on Michigan’s capital region, the Lansing area’s brownfield sites could soon become a lot less brown.
LorAnn Oils Inc., a Lansing-based manufacturer and distributor of premium flavorings and oils, plans to invest $1.5 million to expand in Lansing.
A business accelerator started by regional economic development organization Lansing Economic Area Partnership (LEAP) has been awarded a $50,000 grant from the U.S. Small Business Administration (SBA).
LANSING — A mid-Michigan particle accelerator has taken the next step in an ambitious expansion plan that would position the company to capitalize on the multi-billion dollar market for medical isotopes.
The budget cuts at the state’s economic development organization have forced industry executives in West Michigan to adjust their tactics.