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In the News (1491)

Koops Inc., a manufacturer of custom automation equipment, plans to invest $4.9 million into a new 40,000-square-foot facility adjacent to its headquarters in Holland.

A call center operator says the loss of a key contract led to its decision to close its facility in the greater Grand Rapids area.

Dialog Direct Inc. plans to shutter its Grand Rapids-area facility and lay off 106 employees by Oct. 17, according to documents filed with the state.

Two mixed-use projects in Grand Rapids received state incentives, following approval from the board of the Michigan Strategic Fund (MSF) this morning.

Global advertising firm McCann Erickson and sister company Weber Shandwick won nearly $35 million in new contracts today from the Michigan Strategic Fund. 

Michigan should continue to see steady job growth into next year, although manufacturing and the auto industry will become less of a driver.

Automotive supplier Spectrum Industries Inc. will expand into a recently-sold industrial building on the south side of Grand Rapids.

GRAND RAPIDS — Political pressures in Washington, D.C. have created uncertainty for transit officials looking to fund West Michigan’s second bus rapid transit line.

MiBiz Growth Report: Aug. 22, 2016

Written by | Sunday, 21 August 2016 11:24 |

Here is the MiBiz Growth Report for Aug. 22, 2016.

• M&A: Dublin-based Perrigo Co. plc (NYSE: PRGO), which maintains its corporate headquarters in Allegan, Mich., will acquire Geiss, Destin & Dunn Inc. (GDD) of Peachtree City, Ga., according to a statement. GDD is a small national distributor of over-the-counter health care and consumer products to non-chain retail stores and institutional markets. Perrigo expects the deal, the terms for which were not disclosed, to close by the end of the month. The deal will strengthen and diversify its U.S. retail network, “providing us direct access to the non-mass retail market,” according to CEO John Hendrickson. GDD previously distributed Perrigo’s products. 

Zelenka Farms has emerged from bankruptcy under new ownership and a new name.  

Grocery retailer and distributor SpartanNash Co. appears to be ready to go on the hunt for more acquisitions.

The developers behind a proposed downtown skyscraper presented more details last night regarding plans to build the city’s tallest building, but the proposal has yet to cross the finish line.

Despite concerns from nearby neighbors over issues of parking and density, a controversial 71-unit apartment building with retail space moved one step closer to becoming a reality tonight.

Two hotels planned near Switch data center site

Written by | Wednesday, 17 August 2016 14:08 |

Two hotels are planned for vacant parcels of land in close proximity to the under-construction Switch Ltd. data center in Gaines Township.

616 Development plans a mixed-use project along the booming Wealthy Street corridor in the East Hills neighborhood east of downtown Grand Rapids.

Aquinas President announces retirement

Written by | Tuesday, 16 August 2016 11:04 |

President Juan Olivarez of Aquinas College plans to retire June 2017, according to the Board of Trustees.

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