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A recapitalization in late 2010 put Grand River Aseptic Manufacturing Inc. on the path to triple-digit annual growth.

Published in In the News
Sunday, 01 April 2018 10:21

MiBiz Growth Report: April 2, 2018

Here is the MiBiz Growth Report for April 2, 2018.

• M&A: A subsidiary of Universal Forest Products Inc. (Nasdaq: UFPI) plans to acquire “substantially all” of the operating assets of Marietta, Ga.-based North American Container Corp., a producer of packaging products, according to a statement. The deal should close by June 1. Terms of the deal were undisclosed. The acquisition will add steel, corrugated and hardwood packaging to Universal’s lineup of industrial products. North American Container, founded in 1967, operates nine manufacturing facilities in Georgia, South Carolina, Tennessee and Wisconsin and recorded 2017 sales of about $71 million. Universal Forest Products in February reported that it generated $3.9 billion in net sales with net earnings of $119.5 million for 2017.

Published in In the News

Backed by a recent capital infusion and experiencing rapid growth, Grand River Aseptic Manufacturing Inc. plans to quadruple capacity with the development of a new facility south of downtown Grand Rapids.

Published in In the News

GRAND RAPIDS — Grand River Aseptic Manufacturing Inc. was struggling in late 2010 when a group of West Michigan investors put up $5 million to acquire the company’s assets.

Published in Life Sciences

Venture capital investments in Midwest health sciences companies ballooned during the first half of 2016, both in terms of deal flow and dollar value.

Published in In the News

Grand River Aseptic Manufacturing Inc. completed a $1.1 million round of fundraising from investors last month.

Published in Manufacturing

Amid a period of intense volatility in the consolidating global drug industry, one Grand Rapids-based manufacturer of sterile injectable products has capitalized on the pharmaceutical sector’s push to outsource production to control costs.

Published in Manufacturing

A Kalamazoo-based life science company needs to raise $7.5 million in additional capital to fund a final push to the marketplace with a new-generation blood test for men suspected of having prostate cancer.

Published in Health Biz

After committing all of its first-year capital, Muskegon Angels LLC may look to spread its wings further in 2014.

Published in Finance

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