fbpx

Displaying items by tag: Stryker Corp

Friday, 21 June 2019 11:39

MiBiz Growth Report: June 24, 2019

Here is the growth report for June 24, 2019.

Published in Finance
Sunday, 16 June 2019 12:00

New med device company looks to build out product line

A new medical device company in Kalamazoo plans to begin building a business around a product acquired from Stryker Corp. to treat a painful and potentially life-threatening condition.

Published in Health Care
Tuesday, 26 February 2019 10:14

Stryker acquires Bay Area medical device company

Stryker Corp. has completed the acquisition of Arrinex Inc., a Menlo Park, Calif.-based medical device company that developed a treatment for chronic rhinitis.

Published in Manufacturing

Sunday, 25 November 2018 20:30

Stryker M&A strategy focuses on tuck-in deals to maintain growth trajectory

KALAMAZOO — Two deals that closed in recent weeks typify medical device firm Stryker Corp.’s acquisition strategy.

Published in Health Care
Friday, 26 October 2018 11:08

Stryker reports higher sales in third quarter

Stryker Corp.’s sales grew nearly 8 percent during the third quarter to $3.24 billion. The quarterly result compares to sales of $3 billion in the same period last year.

Published in Finance
Sunday, 14 October 2018 11:11

MiBiz Growth Report: Oct. 15, 2018

Here is the MiBiz Growth Report for Oct. 15, 2018.

Published in Finance

Monday, 01 October 2018 14:02

Stryker acquires N.C. med device firm for $220 million

Stryker Corp. acquired Durham, N.C.-based HyperBranch Medical Technology Inc. for $220 million.

Published in Manufacturing
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
Monday, 03 September 2018 19:00

MiBiz Growth Report: September 4, 2018

Here is the MiBiz Growth Report for Sept. 4, 2018.

Published in Breaking News

Thursday, 30 August 2018 10:59

Stryker to acquire spinal device maker for $1.4 billion

Stryker Corp. signed a deal to pay $1.4 billion to acquire Leesburg, Va.-based K2M Group Holdings Inc., a maker of spinal devices.

Published in Breaking News
Friday, 03 August 2018 23:22

End of a cycle? M&A activity plateaus for West Michigan manufacturers, advisers say

Before Landscape Forms Inc. acquired Kornegay Design last year, the Kalamazoo-based designer and manufacturer of site furniture, accessories and lighting mulled several acquisition targets that shared its design culture and core beliefs.

Published in Manufacturing
Sunday, 04 March 2018 18:30

Closer to Nature: Kalamazoo Nature Center works behind the scenes to unite community with the outdoors

KALAMAZOO — The public’s view of the Kalamazoo Nature Center is one of beautifully preserved nature trails, numerous wildlife habitats, and a safe haven within the urban areas surrounding it.

Published in Economic Development

Sunday, 10 December 2017 21:56

MiBiz Growth Report: December 11, 2017

Here is the MiBiz Growth Report for Dec. 11, 2017.

Published in Breaking News
Sunday, 12 November 2017 15:37

Stryker ‘very bullish’ on surgical robots

KALAMAZOO — The early success for Stryker Corp.’s surgical robot that’s now used in total knee replacement surgeries reflects a growing acceptance of the technology.

Published in Health Care
Sunday, 29 October 2017 12:57

MiBiz Growth Report: Oct. 30, 2017

Here is the MiBiz Growth Report for Oct. 30, 2017:

• M&A: Stryker Corp. acquired a majority interest in French medical device company Vexim SA and plans to make a tender offer to buy out its remaining shareholders. The Kalamazoo-based Stryker (NYSE: SYK) acquired 50.7 percent of shares and 50.3 percent of voting rights to Vexim, based in Balma, near Toulouse, France. Stryker paid 20 euros per share to funds managed by Truffle Capital, Bpifrance and Kreaxi, as well as Vexim managers. Vexim said the acquisition of the majority stake by Stryker has an equity value of 183 million euros, which equates to about $216 million. Vexim specializes in devices for minimally invasive procedures to treat traumatic spinal pathologies.

Published in Breaking News

Friday, 27 October 2017 11:41

Stryker sales up 6.1 percent in third quarter

Stryker Corp. reported revenues of $3 billion for the third quarter, a 6.1-percent increase from the same period a year earlier.

Published in Breaking News
Sunday, 17 September 2017 12:26

Kalamazoo-based FlowTech sells to new owners to pursue next stage of growth

KALAMAZOO — After two years of looking for manufacturing companies to buy, Dave Kersjes and Steve Remstad found an opportunity in FlowTech Inc., a small producer of fluid and air filtration products.

Published in Manufacturing
Thursday, 27 July 2017 20:13

Stryker boosts 2017 forecast after strong quarter

Stryker Corp. raised sales and earnings expectation for 2017 after recording a strong second quarter.

Published in Breaking News

Sunday, 23 July 2017 14:01

Staying the course: Manufacturers’ R&D spending expected to remain steady through 2018

West Michigan manufacturers continue to take a steady yet conservative approach to research and development spending.

Published in Manufacturing
Sunday, 16 July 2017 14:51

Stryker awarded $248.7 million in patent lawsuit

KALAMAZOO — Stryker Corp. is due $248.7 million from rival Zimmer Biomet Holdings Inc. in a seven-year-old federal lawsuit over patent infringement.

Published in Breaking News
Sunday, 25 June 2017 20:33

MiBiz Growth Report: June 26, 2017

Here is the MiBiz Growth Report for June 26, 2017:

Published in Breaking News

Wednesday, 14 June 2017 11:06

GE and Stryker form partnership to develop additive manufacturing technology

GE Additive, a business unit of global conglomerate General Electric Corp., will partner with Kalamazoo-based Stryker Corp. to grow Stryker’s additive manufacturing capabilities.

Published in Breaking News
Sunday, 30 April 2017 16:31

MiBiz Growth Report: May 1, 2017

Here is the MiBiz Growth Report for May 1, 2017. 

• M&A: Kalamazoo-based Stryker Corp. acquired the assets of Charleston, S.C.-based Cactus LLC, a manufacturer of pharmaceutical waste management systems, according to a statement. Cactus products have been sold in the U.S. since 2012 and have been installed in more than 1,300 facilities. The products will become part of Stryker’s Surgical Safety business, a division of Stryker Surgical Instruments. Terms of the deal were not disclosed.

Published in Breaking News
Monday, 03 April 2017 16:50

Stryker lays off undisclosed number of workers

Stryker Corp. has laid off an undisclosed number of workers in Southwest Michigan as part of a larger restructuring strategy under its Stryker Instruments business unit.

Published in Breaking News

Sunday, 19 February 2017 18:00

WMU innovation institute bolsters product design talent pool

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.

Published in Talent
Sunday, 08 January 2017 15:41

Proposed Exchange Building leads push for downtown housing in Kalamazoo

KALAMAZOO — It may have taken five years, but the partners behind one of the largest mixed-use projects in downtown Kalamazoo finally have secured the financing they need for the development. 

Sunday, 08 January 2017 15:18

Stryker expansion builds on Southwest Michigan’s life sciences corridor

KALAMAZOO — A major expansion by Stryker Corp. could provide a welcome shot in the arm for Southwest Michigan’s life sciences sector. 

Published in Manufacturing

Tuesday, 20 December 2016 12:02

Stryker to invest $130 million in new R&D campus in Portage

Medical device manufacturer Stryker Corp. expects to invest $130 million to build a new R&D campus in Portage.

Published in Breaking News
Monday, 05 December 2016 15:15

Human Rights Campaign lists 5 West Michigan firms as top LGBT-inclusive workplaces

Five West Michigan companies rank among the top performing organizations in the nation for providing an inclusive environment for lesbian, gay, bisexual and transgender (LGBT) workers.

Published in Breaking News
Tuesday, 18 October 2016 12:21

WNJ’s Jones closed 20 deals valued at $1.5 billion

In what he describes as a “good year,” Michael Jones was involved in closing 20 transactions in late 2015 and the first half of 2016 that had a collective value of $1.5 billion. 

Published in M&A Award Profiles

Page 2 of 3