GRAND RAPIDS — TG Manufacturing LLC created a new division to acquire Grand Rapids-based A2Z Coatings LLC, a supplier to the automotive, material handling and gaming industries.
On top of ongoing trade disputes and the disruptive GM strike, two statistical gauges of the U.S. manufacturing industry hit new lows, leaving economists and manufacturers preparing for a meaningful economic shift from a decade of growth.
An emphasis on shared family values and the promise of continued investment and growth made last year’s sale of privately-owned Structural Concepts Corp. to private equity firm Mason Wells a “very friendly, reasonably smooth deal all the way along.”
Jeff Helminski, co-founder and managing partner of Auxo Investment Partners in Grand Rapids, successfully leveraged his atypical experience and path into the world of private equity in multiple deals last year.
HOLLAND TOWNSHIP — A trio of industrial companies are planning expansions on the lakeshore in Holland Charter Township.
ZEELAND — Office furniture manufacturer Herman Miller Inc. plans to increase its ownership stake in Denmark-based Hay A/S by an additional 34 percent.
GRAND RAPIDS — Before Ron Pease became the CEO of Mister-E-Liquid LLC, a Grand Rapids-based manufacturer of e-liquid used in electronic cigarettes, he smoked a pack a day for 15 years.
CENTREVILLE — As consumer demographics shift and the economy slows, smaller products have become a big consideration for recreational vehicle manufacturer Viking Products Inc.
ROTHBURY — Barber Steel Foundry Corp., a metal casting plant in Oceana County, will close its doors by the end of the year and eliminate 61 jobs, according to documents filed with the state.
Steelcase Inc. and Herman Miller Inc. each recorded strong sales results for their most recent quarters.