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Displaying items by tag: Michigan Economic Development Corp

Sunday, 03 February 2019 22:06

Behind the numbers: Experts offer explanations for steep falloff in medical patents in Michigan

At first glance, the 2019 Health Check report published by Grand Valley State University seems to suggest that medical innovation in Michigan and nationally slowed dramatically in recent years. But health care and legal experts say the medical patent numbers in the report don’t quite reflect reality. They cite an array of factors that likely drove steep declines from 2014 to 2017 in the number of medical patents issued and assigned, both nationwide and in Michigan.

Published in Health Care
Wednesday, 30 January 2019 14:16

Subsidiary of Chinese manufacturer to invest $2 million into Holland HQ

A subsidiary of a China-based manufacturer of electromechanical actuators plans to invest $2 million into a new headquarters facility on the lakeshore.

Published in Manufacturing
Wednesday, 16 January 2019 13:56

Grand Rapids PE firm to relocate Ohio production to Wyoming

WYOMING — A Cleveland-based producer of specialty abrasive products plans to move part of its business to the Grand Rapids area after it was acquired by local private equity firm Stone Fox Ventures LLC.

Published in Manufacturing

Tuesday, 27 November 2018 18:27

Large-scale developments in Kalamazoo, Battle Creek secure state incentives

Two major Southwest Michigan development projects are moving forward after receiving approval for state incentives.

Sunday, 25 November 2018 20:39

Accelerating Development: Medical device firms turn to GVSU institute for R&D help

GRAND RAPIDS — Hal Zaima’s innovation seeks to address a lingering and serious problem in health care: infections acquired in hospitals that lead to the deaths of thousands of patients annually.

Published in Health Care
Thursday, 15 November 2018 12:19

Schupan & Sons plans $10.1 million expansion

KALAMAZOO — Recycler Schupan & Sons Inc. plans to invest $10.1 million into expansions at a pair of locations in Southwest Michigan.

Published in Manufacturing


Sunday, 11 November 2018 20:02

Rule change opens access for smaller universities to get tech commercialization funding

Smaller public universities in Michigan will have to come up with less matching funding to secure state grants that support startup companies coming out of research labs.

Published in Economic Development
Sunday, 28 October 2018 15:26

State extends funding to pair of capital funds

The Michigan Strategic Fund steered additional money into two capital funds that support high-tech startups and growing small businesses in the state.

The Invest Michigan Pre-Seed Fund II received $3 million to invest in startups through loans or equity. Grow Michigan LLC will receive $9.6 million for a second mezzanine-style fund that will provide loans to growing small businesses.

Published in Small Business
Sunday, 28 October 2018 15:21

Grand Rapids, Start Garden seek to repair relationship

recent kerfuffle between Grand Rapids economic development officials and executives at Start Garden Inc. highlights the challenges cities face when they try to encourage more entrepreneurial investments. 

Published in Small Business

Sunday, 28 October 2018 15:06

Magna Mirrors to invest $45M in Newaygo expansion

NEWAYGO — A West Michigan Tier I automotive supplier is investing $45 million into a 175,000-square-foot facility expansion designed to improve workflow and efficiency. 

Published in Manufacturing
Sunday, 28 October 2018 15:00

MiBiz Growth Report: Oct. 29, 2018

Here is the MiBiz Growth Report for Oct. 29, 2018.

Published in Finance
Tuesday, 23 October 2018 16:08

Four West Michigan companies investing $110.3 million in expansions land state incentives

Four business expansions in West Michigan that will collectively generate $110.3 million in investment and create more than 280 jobs earned state incentives today.



Thursday, 04 October 2018 11:15

West Michigan Compounding plans $6 million expansion in Greenville

In response to increased demand, West Michigan Compounding LLC is investing $6 million into its existing facility in Montcalm County.

Published in Manufacturing
Wednesday, 03 October 2018 12:18

Michigan Milk Producers Association to expand in SW Michigan

The Michigan Milk Producers Association plans to invest $24 million to expand its existing dairy plant operations in St. Joseph County.

Published in Food/Agribusiness
Sunday, 16 September 2018 19:47

MiBiz Growth Report: Sept. 17, 2018

Here is the MiBiz Growth Report for Sept. 17, 2018.

Published in Breaking News

Sunday, 05 August 2018 20:00

MiBiz Growth Report: Aug. 6. 2018

Here is the MiBiz Growth Report for Aug. 6. 2018.

Published in Breaking News
Tuesday, 24 July 2018 19:23

Pfizer taps new state incentive with $465 million investment at Portage campus

Pfizer Inc. is the first manufacturer to take advantage of the Good Jobs for Michigan incentive program signed into law a year ago by Gov. Rick Snyder.

Published in Breaking News
Tuesday, 24 July 2018 11:53

SpartanNash scales back job creation target needed to secure performance-based state grant

SpartanNash Co. will not meet the original employment projections included in a 2013 state incentive package.

Published in Breaking News

Sunday, 22 July 2018 16:55

MiBiz Growth Report: July 23, 2018

Here is the MiBiz Growth Report for July 23, 2018.

Published in Breaking News
Saturday, 21 July 2018 13:03

Projects take shape along Grand River

In anticipation of a multifaceted effort to restore the Grand River through downtown Grand Rapids, numerous public and private partners are coming together to activate a number of key sites along the riverbanks.

Sunday, 24 June 2018 14:00

ROUNDTABLE: Economic developers, economists push ‘culture shift’ for Michigan

New issues have become top of mind for West Michigan economic developers and economists.

Published in Economic Development

Sunday, 24 June 2018 14:00

SBAM pushes for continued statewide economic gardening initiatives

LANSING — The Small Business Association of Michigan wants to build on the state’s past efforts in economic development policy while also creating continuity from one governor’s administration to the next.

Published in Economic Development
Tuesday, 19 June 2018 15:10

Amazon officially announces Gaines Township distribution facility

Amazon.com Inc. has made its first official announcement regarding the ecommerce giant’s long-planned distribution center in southeastern Kent County.

Published in Breaking News
Sunday, 10 June 2018 21:14

MiBiz Growth Report: June 11, 2018

Here is the MiBiz Growth Report for June 11, 2018:

Published in Breaking News

Wednesday, 30 May 2018 16:14

Ventra Ionia to invest $4.85 million in Ionia facility

Automotive supplier Ventra Ionia Main LLC, is expanding its operations with the purchase of a 48,900-square-foot facility in Ionia, the company announced Wednesday.

Published in Breaking News
Sunday, 27 May 2018 21:31

MiBiz Growth Report: May 29, 2018

Here is the MiBiz Growth Report for May 29, 2018.

Published in Breaking News
Tuesday, 22 May 2018 10:53

Amazon formally identified as user of planned Gaines Township distribution facility

After months of secrecy, Amazon.com Inc.’s interest in a proposed Kent County facility is now official.

Published in Breaking News

Wednesday, 02 May 2018 17:02

HexArmor investing $8.7 million into Kent County facility

HexArmor, a Grand Rapids-based personal protective equipment manufacturer, will invest $8.7 million into a Kent County facility and plans to create roughly 50 jobs over the next three years.

Published in Breaking News
Sunday, 29 April 2018 15:42

Report: Arts/cultural nonprofits drive $1.2 billion in state expenditures

An annual report on Michigan’s nonprofit sector reinforces the industry’s role and place in growing the state economy.

Published in Nonprofits
Sunday, 15 April 2018 20:49

MiBiz Growth Report: April 16, 2018

Here is the MiBiz Growth Report for April 16, 2018.

• M&A: Holland-based JR Automation Technologies LLC, a private equity-backed manufacturer of custom automation equipment, has acquired Setpoint Systems and Setpoint Inc. of Ogden, Utah. The deal further expands JR Automation’s industrial automation offerings for global clients, according to a statement. The acquired companies specialize in automation solutions and motion control systems for the e-commerce and amusement industries. Terms of the deal were not disclosed.

Published in Breaking News

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