Displaying items by tag: Perrigo Co plc
The short-term outlook of city officials and commercial real estate experts is improving as office workers gradually return to in-person work, and they share an optimism as downtowns reawaken from the COVID-19 pandemic.
Here's the MiBiz Growth Report for May 24, 2021.
ALLEGAN — Perrigo Co. plc intends to sell its Mexico and Brazil-based over-the-counter business to Boston-based global private equity firm Advent International.
ALLEGAN — A sales spike in the early weeks of the COVID-19 pandemic followed by a mild flu season during lockdown restrictions reduced Perrigo Co. plc’s quarterly sales to start 2021.
In a typical year, around 40,000 office workers a day are in downtown Grand Rapids buying coffee or lunch, or sticking around to shop or attend an event.
Murray Kessler signed on for at least another three years as Perrigo Co. plc’s chief executive to “finish the job” he started to transform the company.
The West Michigan commercial real estate market has been relatively stagnant during the pandemic-induced shift to remote working, but advisers see some room for optimism ahead of a vaccine rollout and with several recent office deals.
Local economic development leaders have long sought to bring a global headquarters to downtown Grand Rapids, and it will soon become a reality as Perrigo Co. plc moves its North American corporate offices to the Medical Mile.
Recent year-end reports on non-residential construction activity softening and a plunging average project backlog are giving West Michigan construction leaders some reason for concern going into 2021.