Displaying items by tag: The Right Place Inc
As the nation’s political and macroeconomic climate changes, The Right Place Inc. says it needs to adapt how it measures its impact.
An increasing appetite for cage-free eggs among consumers will result in a $2 million expansion project for Poultry Management Systems Inc.
Here is the MiBiz Growth Report for Jan. 23, 2017.
• M&A: Bryan Betten and Chris Baker, two veteran West Michigan dealership executives, have acquired Grand Chrysler Dodge Jeep Ram in Lowell from former owner Harvey Koning. Betten-Baker is in the process of acquiring the remaining Grand Auto Family Services Inc. dealerships owned by Koning, which include facilities in Grandville, Allegan and Lowell, said Pete Ricards, division director at Betten-Baker. The company also is acquiring a Big Rapids-based GMC dealership from Gary Trimarco Automotive group, but is waiting on manufacturer approval from General Motors to complete both deals.
NVINT Services LLC plans to invest $364,000 in a facility expansion project that will allow the West Michigan technology company to adhere to its “aggressive growth trajectory” and meet customer demands.
After a strong 2016, most West Michigan manufacturers are looking ahead to this year with optimism that they will continue to grow as the economy expands.
In 2016, The Right Place Inc. attracted $240.6 million in new capital investment through 19 projects across West Michigan. Although the Grand Rapids-based economic development organization fell short of its three-year goals for jobs and payroll growth, President and CEO Birgit Klohs remains optimistic about Michigan’s economy. Klohs expects to attract more high-tech jobs and industries to the state while continuing to work with companies to find available talent in the region. Klohs discussed with MiBiz some of the issues that West Michigan employers and economic development professionals will face in the coming year.
Even with the underlying uncertainty caused by the presidential election, West Michigan manufacturers remain generally optimistic about the year ahead.
After acquiring Wisconsin-based Bemis Manufacturing Company in October, Custom Profile Inc. will now relocated the company’s operations to West Michigan.
Gabriel North America, a manufacturer of upholstery fabrics based in Denmark, plans to open its first North American sales and manufacturing office in Grand Rapids.
Stakeholders looking to redevelop one of West Michigan’s most storied industrial sites and attract high-quality manufacturing jobs have brought on a new partner.
North Central Co-op will invest $10.1 million in an expansion project at its feed mill in Newaygo County.
When Brink Farms Inc. began construction on a rail yard off Turner Avenue in northwest Grand Rapids in 2014, the Hamilton-based bulk transportation firm hoped to alleviate capacity constraints and better serve customers shipping cargo south through the city.
Here is the MiBiz Growth Report for Oct. 17, 2016:
• M&A: Grand Rapids-based Ranir LLC, a manufacturer of a variety of oral care products, has acquired Toronto-based BrushPoint, a maker of toothbrushes. In the deal, for which terms were not disclosed, Ranir will increase its product offerings and distribution footprint in the U.S., Canada and Europe. The BrushPoint acquisition comes on the heels of a deal in July of this year in which Ranir purchased the Rembrandt teeth-whitening brand from Johnson & Johnson Consumer Inc. Last month, the company also said it had purchased the 200,000-square-foot facility at 4701 East Paris Ave. SE where it had been a tenant for 20 years.
A West Michigan information technology firm specializing in cyber security, network infrastructure and other services plans to upgrade its facility in Kentwood.
To help make Michigan more attractive for large-scale real estate developments, lawmakers want to give developers new options to help fund their projects.
WYOMING — Stu Kingma often fields multiple phone calls per month from people interested in redeveloping Site 36, one of West Michigan’s most storied former industrial sites.
Advanced industries continue to drive employment growth in Grand Rapids in the face of talent constraints.
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.
Dow Chemical Co.’s decision to shave 700 workers from its workforce in Midland may prove beneficial for West Michigan manufacturers struggling to fill their talent needs.
The Right Place Inc. President and CEO Birgit Klohs has one word to describe her reaction to the United Kingdom’s decision yesterday to leave the European Union: Disappointment.
A consortium of academics, government officials and industry leaders wants to refocus the state on wood products and create a hub for bio-materials produced from Michigan’s forests.
West Michigan technology firm, DornerWorks Ltd. plans to beef up its Grand Rapids operation through a $1.3 million investment.
A looming cloud hung over this year’s Mackinac Policy Conference, and it wasn’t left over from Wednesday’s rain. The majority of the approximately 1,500 attendees at the annual retreat hosted by the Detroit Regional Chamber were laser-focused on two issues the state would rather not be known for: the legislative budget fight for the nearly-bankrupt Detroit Public Schools (DPS) and the ongoing Flint water crisis.
West Michigan office furniture manufacturers could soon be incorporating scrap wood into the production of their products through a new partnership with Michigan Technological University.
BYRON CENTER — West Michigan could become a hub for innovative waste processing companies in the coming years.
Investments in rail infrastructure eventually will expedite the time it takes for Amtrak passengers to commute from Kalamazoo to Chicago, potentially cutting travel times by a half hour.
As Michigan’s industries have evolved over the years, so too have the roles economic developers play when it comes to helping businesses grow and expand in communities across the state.
The budget cuts at the state’s economic development organization have forced industry executives in West Michigan to adjust their tactics.
Swoboda Inc., a manufacturer of electronic components for the automotive industry, plans to invest $15.1 million in a new expansion project at its Kentwood facility.
Michigan economic developers troubled by Trump’s anti-immigrant rhetoric on presidential campaign trail
Michigan economic developers say the “incendiary” rhetoric coming from one U.S. presidential candidate in particular has created an unwelcoming environment for many skilled workers and could chill prospects for foreign investment in Michigan and beyond.