Displaying items tagged: WOODTV8

The COVID-19 pandemic and resulting staff shortages at Michigan hospitals is driving up the number of nurses who want to quit within their first year.

Perrigo Co. plc will make a pitch in May to federal regulators who will decide whether to approve an over-the-counter daily birth control pill for the U.S. market. 

Mary Free Bed Rehabilitation Hospital is in the process of raising $60 million from public sources and private philanthropy to build a new pediatric care facility in Grand Rapids.

DeVries Jewelers has resurrected long-held plans to redevelop the former Lannings’ restaurant on Grand Rapids’ west side.

Local governments across Michigan are using cannabis excise tax revenue to fund basic public services as well as programs that aim to expand equity in the industry.

The DeVos family last month sold the Peninsular Club building in downtown Grand Rapids after previously making extensive renovations to the nearly 110-year-old building.

This week, MiBiz is celebrating the winners of the 10th annual M&A Deals & Dealmaker Awards, which recognizes top businesses and individuals contributing to the region’s economic vitality.

Grand Rapids cannabis operators are renewing calls for city officials to amend social equity requirements, which they say have become unreasonably hard and even impossible to attain.

Trinity Health and four surgeons recently filed a lawsuit against Orthopaedic Associates of Michigan, claiming they allow the market’s largest orthopedic practice to essentially hold a monopoly over procedures in Kent County.

Developer Jon Rooks’ Parkland Properties has closed on the purchase of a large former furniture factory in Muskegon, and plans a $220 million mixed-use investment in the site.

A Chicago-based environmental law group is launching a new initiative this year to work with Michigan utilities and local governments on potentially repurposing closed or soon-to-retire coal plants with public amenities and renewable energy generation.

Economic development organization Lakeshore Advantage Corp. last month released a report highlighting growth among companies in Allegan and Ottawa counties despite ongoing labor and supply chain headwinds.

West Michigan’s economy and workforce have largely rebounded from the pandemic-induced downturn of early 2020, according to a recent report from economic development organization The Right Place Inc.

Ottawa County commissioners last week signed off on a $32.7 million spending plan that will direct federal stimulus funding to two dozen local projects.

A survey of more than 300 West Michigan business leaders shows that talent availability and inflation are their biggest barriers to growth, while investing in automation and raising prices will be key measures to overcome risk.

State House lawmakers late last week passed a series of bills that aim to make it easier for developers to build much-needed projects through various tax incentives.

The Biden administration last month proposed new rules for employers that could have sweeping implications for small business owners who rely on independent contractors.

West Michigan economic development agencies have spent the past eight months inventorying more than 100 sites across the region and selecting the top 10 that could be most suitable for large projects.

Affordable housing was a key theme among proposals submitted to county officials by organizations seeking a share of $127 million in federal American Rescue Plan Act funding.

Kent County officials are in the process of narrowing down hundreds of funding requests for more than $100 million in federal American Rescue Plan Act dollars.

A recently created statewide economic development fund created to distribute incentives continues to dole out funding for major projects.

A long-discussed plan for a large solar project at the former Butterworth landfill in Grand Rapids could be moving forward under a recent settlement agreement approved by state energy regulators.

Steelcase Inc. and MillerKnoll Inc. — the two largest players in office furniture manufacturing — are experiencing lower order volumes as corporations delay return-to-office plans, and are both responding with cost-cutting measures in the coming weeks.

Local officials in Mecosta County on Monday night approved long-term tax incentives for a potential electric vehicle battery manufacturing plant eyed for the Big Rapids area.

State and local economic development officials are in the process of luring a major Chinese electric vehicle battery manufacturer to Mecosta County that could result in thousands of jobs and billions of dollars in investment over the next decade.

First-half financial data for BHSH System show a nearly $100 million loss for Beaumont Health was offset by stronger performances by Spectrum Health and Priority Health in West Michigan.

Gov. Gretchen Whitmer earlier this month signed three pieces of legislation into law that begin to roll back workplace protections for both employers and employees before eliminating them entirely by July of 2023.

As Gov. Gretchen Whitmer prepares to sign off on the next state fiscal year budget, the administration and GOP-led Legislature will now shift their attention to reaching a potential compromise on tax relief for the public.

The recently announced state budget deal between top Republican lawmakers and Gov. Gretchen Whitmer includes hundreds of millions of dollars for economic development and mental health care projects.

State House lawmakers last week advanced a four-bill package to help alleviate housing shortages statewide by incentivizing developers to build projects across varying price points.