When Grand Rapids-based Multi-Automatic Tool and Supply Co. started searching for prospective acquisitions several years ago, the move came as a reaction to many of the company’s customers buying directly from small shops.
BATTLE CREEK — Cedar Run Decoy Co. LLC aims to provide hunters with new ways to get back to the basics of waterfowling.
GRAND RAPIDS — TG Manufacturing LLC, a fully-integrated metals manufacturing company, acquired Turnkey Fabrication LLC, an integrated fabrication operation with laser, CNC brake press, machining, assembly and welding process capability.
NILES — French Paper Co., a Niles-based manufacturer of premium colored paper and envelopes for graphic design, specialty prints and gifts, was recently acquired by New York-based Finch Paper LLC.
ACME — After a decade of bullish outlooks, automotive suppliers need to buckle up for a period of upcoming disruptions.
A decade into the economic recovery, the region’s automotive suppliers continue to ride the wave of vehicle sales volume in the North Amercian and global auto market. Yet, many are bracing for an impending downturn, which analysts predict will occur somewhere in the early 2020s. Primarily, suppliers are planning on weathering any upcoming downturn by banking on investments in new technologies, including electric vehicles and automation, whether through increased R&D spending or through acquisitions.
Self-driving shuttles may be traveling through downtown Grand Rapids these days, but automakers say broad acceptance for autonomous, connected, electric and shared vehicles will take more patience.
Uncertainties related to trade policies continue to plague the automotive industry, which has closely linked production operations in Canada, Mexico and overseas.
From rubber horseshoes to roll-covers for paper, metal and other industries, Vail Rubber Works Inc. has been steadily serving supply chains in West Michigan for more than a century.
Office furniture maker Trendway Corp., a fixture in the Holland business community for five decades, has been sold to Fellowes Brands, an Itasca, Ill.-based manufacturer of office and technology accessories.