Displaying items tagged: manufacturing

Monday, 06 February 2023 20:37

Valve supplier to lay off 40% of workforce in Marshall

A valve supplier in Marshall is planning to lay off 81 employees through the end of September, according to a notice filed with the state.

Published in Manufacturing
Friday, 03 February 2023 13:18

New GRCC facility to move automation training ‘years ahead’

GRAND RAPIDS — Grand Rapids Community College is building a first-of-its-kind automation and robotics manufacturing training center in West Michigan, thanks to a recently secured $1 million federal grant.

Published in Manufacturing
Wednesday, 01 February 2023 15:06

Port City Ventures invests in Rolar Products amid expansion to new Muskegon-area plant

MUSKEGON — Private equity and venture capital firm Port City Ventures LLC’s capital investment in Rolar Products Inc. will go to support further growth.

Published in Manufacturing

Wednesday, 01 February 2023 09:33

‘We need to be here’: Tier 1 auto supplier Gentex to open production facility in GR

GRAND RAPIDS — Ottawa County’s largest employer is opening a satellite production facility on Grand Rapids’ south side in hopes of better attracting talent from the city and delivering economic benefits to a historically disadvantaged neighborhood.

Published in Manufacturing
Sunday, 29 January 2023 18:00

Longtime FloraCraft executive promoted to president

Steve Carlson joined Ludington-based plastic and foam product manufacturer FloraCraft Corp. in February 2000 when the company acquired the firm he had started with his father. 

Published in Manufacturing
Sunday, 29 January 2023 18:00

Manufacturers, conservation group partner on sustainability programming

The Michigan Manufacturers Association is continuing a partnership with The Nature Conservancy in Michigan that offers resources and workshops for companies seeking to adopt environmental and clean energy strategies into their operations.

Published in Manufacturing

Thursday, 19 January 2023 16:04

GR steel distributor enters stainless, aluminum industry with largest acquisition to date

CASCADE TWP. — West Michigan flat-rolled carbon steel distributor Mill Steel Co. is expanding into the stainless steel and aluminum metal markets following the acquisition of distributors in Ohio and Illinois.

Published in Manufacturing
Monday, 09 January 2023 18:13

Mid-Michigan energy storage company raising $50M to boost production as renewables come online

CLARE — A mid-Michigan energy storage manufacturer is raising $50 million in capital to scale up production of its lead-acid battery technology, which executives say will be crucial to accompany growing amounts of intermittent renewable energy generation.

Published in Energy
Friday, 06 January 2023 17:05

New RoMan Manufacturing president overseeing ‘unprecedented’ company growth

Nelson Sanchez took the helm at Grand Rapids-area industrial power systems manufacturer RoMan Manufacturing Inc. this month as the first non-family president in the company’s 42-year history.

Published in Manufacturing

Wednesday, 04 January 2023 17:27

Family-owned HVAC distributor acquired by global manufacturer

GRAND RAPIDS — Williams Distributing Co., a Grand Rapids-based distributor of HVAC equipment and residential building products, has been acquired by a subsidiary of global manufacturer Daikin Industries Ltd.

Published in Manufacturing
Monday, 02 January 2023 17:23

Lakeshore companies experienced growth despite talent, supply chain challenges in 2022

Executives from 120 companies in Allegan and Ottawa counties overwhelmingly reported positive growth in 2022, despite continuing challenges they face when it comes to attracting talent and supply chain disruptions. 

Published in Economic Development
Thursday, 29 December 2022 12:51

New ventures, bankruptcies and batteries: The 10 most-read manufacturing stories of 2022

West Michigan’s manufacturing sector experienced a mix of highs and lows in 2022, as several major ventures plan to bring in billions of dollars in new investments while other companies contended with inflation, supply chain disruptions and labor availability.

Published in Manufacturing

Thursday, 22 December 2022 12:37

MillerKnoll, Steelcase expect flat to lower sales this quarter as order rates soften

MillerKnoll Inc. and Steelcase Inc. both expect flat to lower sales for the present quarter going into 2023 amid softer order rates.

Published in Manufacturing
Sunday, 18 December 2022 20:35

Auto suppliers prepare for more slow growth, challenges, as forecast begins to brighten

While automotive suppliers in West Michigan may hope to finally emerge from the “dark winter” of the last three years, the vehicle
production outlook for 2023 portends more challenges ahead, although some bright spots are beginning to dot the mid-term forecast.

Published in Manufacturing
Wednesday, 14 December 2022 20:13

Q&A: Continued need for manufacturing automation provides runway for growth

A growing number of West Michigan manufacturers are having conversations about the role automation can play in helping mitigate their persistent and ongoing labor challenges, says Joe Dyer, president at Disher Corp., a Zeeland-based engineering, consulting and product development firm.

Published in Manufacturing

Wednesday, 14 December 2022 11:46

Medical equipment manufacturer plans $38.7M expansion in Walker

WALKER — Medical equipment manufacturer Tech Group Grand Rapids Inc. plans a $38.7 million expansion to “significantly expand production capacity” at its Walker facility.

Published in Manufacturing
Tuesday, 13 December 2022 12:27

Lear Corp. plans $112M expansion in SE Mich., Traverse City to grow EV components 

Tier 1 automotive supplier Lear Corp. plans a $112.5 million expansion at three facilities in southeastern Michigan and Traverse City to support the manufacturer’s ongoing growth in the electric vehicle market.

Published in Manufacturing
Friday, 09 December 2022 12:23

Buell Motorcycle plans $6M round to invest in new products, add team members

CASCADE TWP. — The group behind the revival of high-performance brand Buell Motorcycle Co. continues to build out its team, add sales infrastructure and invest in new product engineering and development in West Michigan.

Published in Manufacturing

Thursday, 08 December 2022 13:54

Wolverine World Wide to divest Keds brand, leathers business to cut costs

ROCKFORD — Wolverine World Wide Inc. will divest its Keds brand and Wolverine Leathers business, while also implement staff reductions, in an effort to drive cost savings in 2023.

Published in Manufacturing
Wednesday, 07 December 2022 13:00

Walker automation manufacturer plans $5.7M expansion amid continued growth

WALKER — Automation solutions provider Axis Automation has announced a $5.7 million expansion in Walker that it expects could create up to 50 jobs.

Published in Manufacturing
Wednesday, 07 December 2022 11:23

PE-backed Burke Porter Group adds to life sciences portfolio with acquisition of Irish firm

ADA — Burke Porter Group is expanding its footprint to Ireland and bolstering its life sciences capabilities with the acquisition of a leading manufacturer of assembly products and storage solutions for the biomedical industry.

Published in Manufacturing

Tuesday, 06 December 2022 17:14

UFP Industries acquires Texas corrugated packaging maker, distributor

GRAND RAPIDS TWP.  — Diversified construction, packaging and industrial product manufacturer UFP Industries Inc. has expanded its packaging division with the acquisition of a Texas firm. 

Published in Manufacturing
Monday, 05 December 2022 13:28

Pfizer investing $750M to expand Portage production facility

PORTAGE — Pfizer Inc. plans to invest $750 million to expand production capacity in Portage, creating 300 jobs.

Published in Manufacturing
Monday, 05 December 2022 09:04

GRAM acquires nearby Grand Rapids property to support ongoing expansion

GRAND RAPIDS — Grand River Aseptic Manufacturing Inc. has acquired property near its Grand Rapids headquarters to support the contract manufacturer’s ongoing growth.

Published in Manufacturing

Wednesday, 30 November 2022 21:05

Startup racks up investments to scale battery manufacturing at Meadowbrook plant in Holland

HOLLAND — An equity investment from United Airlines Ventures could allow a startup advanced battery company to ramp up production in Holland via a partnership with automotive battery supplier Clarios International Inc. 

Published in Manufacturing
Wednesday, 30 November 2022 18:01

Cascade Engineering sells powersports division to PE-backed firm

CASCADE TWP. — Cascade Engineering Inc. has sold its powersports division to a private equity-backed firm, marking a second notable sale this year for the plastic injection molding manufacturer.

Published in Manufacturing
Tuesday, 29 November 2022 15:33

Q&A: Amway CEO discusses path to U.S. citizenship, company growth plans

Milind Pant recently completed the next “logical step” in his experience as a global business executive when he, his wife and two sons were approved for U.S. citizenship. For the Amway Corp. CEO who grew up in the Himalayan foothills of India, that journey started about seven years while he was a Yum! Brands executive in Dallas.

Published in Manufacturing

Wednesday, 23 November 2022 12:27

GR med device startup prepares implant material for commercialization after raising $5.3M

A Grand Rapids medical device startup aims to launch into the market in early 2023 with a new material for spinal and orthopedic implants.

Published in Health Care
Sunday, 20 November 2022 18:30

Construction firms worry labor availability may disrupt major project pipeline

Ahistoric influx of federal stimulus and infrastructure funding, combined with the state’s full-court press for large battery manufacturing plants, is on a collision course with a widespread construction labor shortage.

Published in Manufacturing
Thursday, 17 November 2022 15:28

U-M economists expect auto sales to shield Michigan from mild U.S. recession in ‘23

University of Michigan economists expect the U.S. economy to move into a mild recession in the second half of 2023, as rising interest rates drag on growth.

Published in Manufacturing

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