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Economic Development (443)

Mergers and acquisition activity remained strong in West Michigan through the third quarter, as many sellers opted to go to market while they can still get a good price for their businesses.

As the West Michigan region continues to grow, many people wonder where it could be headed in the next decade.

As more high school students eschew enrolling in college, West Michigan technical centers and higher education institutions are searching for ways to push them to different career pathways.

A Chicago-based investment firm has purchased a more than 90,000-square-foot industrial property in Ottawa County.

Since opting to allow medical marijuana businesses in July, Grand Rapids has seen a wave of development interest that’s driving up real estate prices and sending city officials scrambling to adapt with new regulations.

In an era when so many businesses rely on information technology systems, seven out of 10 customers that US Signal Co. LLC surveyed say they expect to have at least one unplanned disruption over the next year.

As the new President and CEO of Grand Rapids-area Interurban Transit Partnership, known as The Rapid, Andrew Johnson hopes to leverage existing business support to grow the operation. Having previously served as the COO of the Champaign-Urbana Mass Transit District in central Illinois, Johnson views West Michigan’s “diversified” economy as a perfect place to start in working toward better transit service. He spoke with MiBiz about the future of The Rapid and how bus service fits into mobility in West Michigan.

As transportation advocates and urban planners push new mobility strategies, they’re also working to see how new tools may affect the future of traditional mass transit.

Companies and job-placement organizations in West Michigan say an executive order signed by Gov. Rick Snyder comes as a good first step in addressing the state’s skilled trades shortage.

The City of Muskegon wants to buy a shuttered state prison, wrap it into an adjacent industrial park and lure a new company to the lakeshore, MiBiz has learned.

As a veteran attorney representing Michigan cities, townships and villages, Mark Nettleton says his clients mostly find themselves on solid fiscal footing these days. The Mika Meyers PLC attorney believes the state’s municipalities have learned the lessons of the Great Recession and are now investing conservatively in large infrastructure projects and working to ensure they’re complying with increased state mandates around the proper funding of legacy benefits. He spoke with MiBiz about the fiscal health of the state’s many local units of government.

While Detroit’s record-setting municipal bankruptcy may be a distant memory, many business leaders around the state still view the financial health of Michigan’s municipalities as a potential ticking time bomb.

In politically conservative Calhoun County, Scott Fleming embraces the economic potential of legal marijuana businesses.

The number of companies that relocate or expand in a specific area because of economic development incentives is largely “exaggerated.” That’s according to a new report from Tim Bartik, senior economist with the Upjohn Institute in Kalamazoo.

Grand Valley State University researchers have found the benefits outweigh the costs of Grand Rapids’ investment in green infrastructure to limit stormwater runoff.

Fluctuating water levels remain a fact of life along the West Michigan coast and for inland lakes.

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