CASCADE TWP. — Cascade Township officials have voted to purchase a facility to use for its consolidated township offices.
Construction and development professionals in West Michigan remain optimistic as they look toward 2020, even though the upcoming presidential election and ongoing talent issues are causing headwinds. While some markets might slightly change next year, industry experts who spoke with MiBiz during a recent executive roundtable said they are interested to see how downtown Grand Rapids developments will spark additional new projects. Many also noted that collaboration and partnerships are becoming key to the industry’s success.
GRAND RAPIDS — Faced with multiple departures from leadership positions at the city of Grand Rapids, City Manager Mark Washington wants to avoid being “hasty” about hiring replacements.
WALKER — Flexco Grand Rapids, a manufacturer of conveyor maintenance equipment, is relocating its Michigan operations to the WalkerView Industrial Park.
GRAND RAPIDS — Kent County is continuing to study options for the use of its buildings, including the idea of razing a facility at 320 Ottawa Ave. and building a new tower and the sale of 82 Ionia Ave.
GRAND RAPIDS — Kent County commissioners will again discuss what to do with a county-owned office building in downtown Grand Rapids, as well as other building projects, as it decides what to fund in the next few years.
Here is the MiBiz Growth Report for April 30, 2018.
• M&A: New York City-based Standard Media Group LLC, a new investor-backed media company, has entered into a definitive agreement with Sinclair Broadcast Group Inc. of Hunt Valley, Md. to acquire Grand Rapids-based Fox 17 WXMI and eight other stations around the country. The $441.7 million cash deal would create a new media company affiliated with Standard General LP, an SEC-registered investment adviser that manages capital for public and private pension plans, endowments, foundations, and high net worth individuals. The deal, which is subject to regulatory approval, is expected to close in conjunction with the Sinclair-Tribune transaction. As MiBiz previously reported, Sinclair is trying to appease government regulators in a bid to finalize its $3.9 billion acquisition of Chicago-based Tribune Media Co., which currently owns Fox 17.
KALAMAZOO — Western Michigan University will launch a new product design institute to create a hub of designers in Southwest Michigan and supply local companies with talent.
Here is the MiBiz Growth Report for Aug. 8, 2016.
• M&A: Grand Rapids-based architecture firm Progressive AE Inc. has acquired Charlotte, N.C.-based AI Design Group Inc., according to a statement. The new company will be headquartered in Grand Rapids and leadership will remain the same, according to a statement. AI Design will now be referred to as a Progressive AE company. Terms of the deal were not disclosed.