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As Gov. Rick Snyder works to secure a $100 million commitment for his “Marshall Plan for Talent,” he also wants to tear down silos between the education and business communities.

Published in In the News

With $562 million in cash on its balance sheet, automotive supplier Gentex Corp. continues to be on the hunt for acquisition opportunities that can help bolster its technology portfolio.

Published in In the News

The automotive industry has been very good for West Michigan, in spite of the challenges that it has dished up for component suppliers over the last several decades. 

Editor’s note:
 
After more than 13 years of writing the Auto Focus column for MiBiz, Melissa Anderson plans to retire as a columnist, effective immediately, as she winds down her storied career in automotive analysis and research. In the short term, she and her husband plan to travel in the Southern Hemisphere. “I have enjoyed writing the column and it has been a good long run,” Anderson said. Anderson’s business intelligence on the automotive industry will be missed. “Melissa was our ideal business columnist because she was able to talk with a lot of knowledge about trends in the global automotive industry while also providing a lot of local context, examples and data,” said MiBiz Publisher Brian Edwards. MiBiz will continue its search for a new automotive/manufacturing columnist throughout the coming months.

Published in Manufacturing

Stock prices of West Michigan’s publicly traded companies tumbled on Friday as Wall Street succumbed to the uncertainty caused by the U.K.’s decision to exit the European Union.

Published in In the News
Sunday, 07 February 2016 23:36

Gentex: A lesson in outperforming the market

Most automotive suppliers in West Michigan remain privately-held, meaning that information about their financial health stays tightly under wraps.

Published in Manufacturing

The competitive landscape is changing for West Michigan companies.

Published in In the News

Gentex (Nasdaq: GNTX) reported sales of $350.9 million in the third quarter, an increase of nearly 21.6 percent from $288.6 million in the same period a year ago.

Published in In the News

A new study outlines a path for southern states to play more of a key role in the evolving automotive industry. The prescription: Get what Michigan’s already got — the brains of the auto industry. With the South nipping at the state’s heels, the report suggests Michigan must continue to bolster its supply chain clusters, technological innovation and skilled workforce.

Published in Manufacturing

Stryker Corporation (NYSE: SYK) released second-quarter results after the bell today.  Net sales grew 5 percent to $2.2 billion and net earnings declined 34.5 percent to $213 million versus last year's Q2 results.

Published in In the News

ZEELAND — Tier-I automotive supplier Gentex Corp. today announced that it signed a definitive agreement to acquire the HomeLink business from Johnson Controls Inc. (JCI) for $700 million.

Published in Manufacturing
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