Most manufacturers can expect to fork over less in taxes for last year, and companies that monitor the shifting provisions could capitalize on greater investment in a few key areas. Although most of the tax cuts from the federal Tax Cuts and Jobs Act of 2017 became effective for manufacturers on Jan. 1, 2018, businesses in all industries have been left with questions and uncertainty about how the new laws need to be applied, said Joel Mitchell, a tax partner at Plante Moran PLLC in Grand Rapids.
Grand Haven-based GHSP Inc. is a global manufacturer “rooted into the West Michigan area,” according to Chief Technology Officer Marc Smeyers. In the past, GHSP was known for auto technology that combined electronics and mechanical engineering. Now, the company — a division of JSJ Corp. — is working across multiple industries for smart technology applications. At the 2019 Consumer Electronics Show (CES) in Las Vegas, GHSP introduced a future concept vehicle, products that use ultraviolet C (UVC) light to disinfect themselves, and a kitchen backsplash that’s an edge-to-edge touchscreen. Smeyers spoke to MiBiz about crossover technology in an increasingly fast-paced environment.
GRAND RAPIDS — The executives behind an iconic American superbike brand are breathing new life into the company and relaunching “boutique” motorcycle production in West Michigan. By establishing low-volume production of EBR Motorcycles in Grand Rapids, owner Bill Melvin hopes to bring sustainability to the company founded by famed motorcycle racer Erik Buell some 35 years ago.
As Larry Lewis advanced in his career as an engineer in the manufacturing, construction and telecommunications industries, he relied on computers as an essential tool for his everyday work. His aptitude grew alongside the technology, to which he was first exposed at Dartmouth College in the late 1960s and early 1970s.
WYOMING — A Cleveland-based producer of specialty abrasive products plans to move part of its business to the Grand Rapids area after it was acquired by local private equity firm Stone Fox Ventures LLC.
NORTON SHORES — A lakeshore community is asking a manufacturer Wacker Neuson Corp. to pay back lost tax revenue after the company left town before fulfilling the obligations of its tax abatement. Wacker Neuson, a manufacturer of construction equipment that had been located in Norton Shores since 2007, closed its facility at 1300 E. Mount Garfield Road in August 2018, two and a half years before the expiration of one of six tax abatements it received.
A Southwest Michigan box manufacturer has agreed to pay $400,000 after it faced allegations of misconduct in connection to a multi-state subcontract with the federal government.
West Michigan-based contract furniture makers Steelcase Inc. and Herman Miller Inc. expect to maintain sales momentum going into 2019.
Now that all adults in Michigan can legally use marijuana, employers are weighing how the new law — and misunderstandings about it — could affect their workforces.