Displaying items by tag: Nottawaseppi Huron Band of the Potawatomi

Mergers and acquisitions should remain strong through 2021 — driven by several factors affecting deal flow — although finding a good deal may come with a high price for buyers.

Twelve Native American tribes in Michigan received $14.8 million in Indian Housing Block Grant funds for affordable housing projects, the U.S. Department of Housing and Urban Development announced Friday. 

Here is the MiBiz growth report for August 31, 2020.

GRAND RAPIDS — Waséyabek Development Co., the non-gaming economic development arm of the Nottawaseppi Huron Band of the Potawatomi Indians, continues to build out its portfolio of companies with the acquisition of a Muskegon-based manufacturer. 

LANSING — Four Michigan tribes have been granted permission to participate in a regulatory case involving plans to tunnel the Line 5 pipeline in the Straits of Mackinac, giving three of them an opportunity to formally assert their treaty rights this way for the first time.

As a citizen of the Match-E-Be-Nash-She-Wish Band of Pottawatomi Indians and CEO of its non-gaming enterprise, Kurtis Trevan wants to leverage other corporations’ diversity and inclusion goals to the economic benefit of his fellow tribe members, as well as further the tribe’s own inclusionary spending. 

In mid March of this year, all 24 of Michigan’s tribally operated casinos fell silent, their more than 22,280 slot machines spitting out their final paydays for lucky patrons or taking one last injection of cash for the house.

As they’ve taken steps to diversify their revenues away from casinos in recent years, Michigan’s Native American tribes have built growing business ventures that in 2019 contributed nearly $288.8 million to the state economy. 

GRAND RAPIDS — A federal contracting firm owned by Waséyabek Development Co. LLC has begun work on a five-year, $161 million contract with the Department of Energy to provide site operations and support services at three National Energy Technology Laboratory locations. 

This is the MiBiz growth report for April 12, 2020.