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On the corner of Portage Street and Lake Street in the Edison neighborhood of Kalamazoo, workers are putting the finishing touches on an attractive new multi-use building known as the Creamery. The building, which was partially funded with an innovative Impact Investment Loan program from the Kalamazoo Community Foundation (KZCF), will soon house affordable apartments for low- and middle-income people, a YWCA 24-hour childcare center and a small business accelerator.
COVID-19 has hit the world hard, including the business landscape. Many companies are struggling under the strain the pandemic has put on our economy, from decreased spending to wide-scale shutdowns. In the face of this economic uncertainty, businesses of all sizes and their employees are facing tough choices when it comes to spending.
Being directly related to profitability, growth, and efficiency, productivity is key to company success. Manufacturing processes are constantly seeing improvements in with the introduction and development of new technology. These technological advances include the utilization of real-time data and the IIoT to increase productivity, leading to a highly competitive and ever-growing manufacturing sector.
A common and costly mistake when it comes to business succession planning is not starting the process early enough. By waiting too long, an owner runs the risk of not having the right people in place to run the business, as well as having much of the business’ value consumed by estate taxes. Either misstep can and sadly often does cause a business to fail when it passes from one generation to the next.
The Grand Rapids Chamber is thrilled to announce the return of the West Michigan CEO Summit on October 6, as a virtual, live-broadcast experience.
Like many cities across the US, Grand Rapids continues to see a need for affordable and low-income housing. The topic has long been in discussion in the community thanks to a limited housing supply, high demand market and increasing rental rates.
Are you looking for ways to help your community, both in this time of increased need and well into the future? Our communities thrive because of individuals coming together for the greater good. But it’s not always easy, and it can be difficult to know how to make the greatest impact.
If you own or operate any type of facility, in the last six months you read articles, attended webinars, and maybe even used Google to search “HVAC ventilation COVID.” Although you learned about the effectiveness of humidifiers, ultraviolet lights, and bipolar ionization, your operating budgets have tightened up and it is hard to know if these technologies will be right for you in the long run.
Despite the upheaval caused by COVID-19, the global pandemic has opened the door for manufacturers to improve one of the most untapped methods of increasing company performance: culture.