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SAF-Holland to close Ottawa County facility

Written by | Monday, 27 March 2017 10:51 |

SAF-Holland Inc. will permanently close its Holland facility by October 2017.

Now that the Affordable Care Act will remain the law of the land, Dominick Pallone would like to see Congress and President Trump work to improve the federal health reform law.

Commercial real estate and city government stakeholders view a soon-to-be vacated riverfront site as an ideal laboratory for testing a more equitable model of development.

A Pennsylvania plant closure could translate into growth in West Michigan for a global plastic injection molding supplier.

The Wealthy Street corridor restaurant scene continues to grow.

Habitat for Humanity of Michigan has a new partner to help support its Housing Counseling and Financial Education program.

Industrial and fastener distributor Manufacturer’s Supply Co. has signed an agreement to sell certain assets to a global industrial supply company.

Meijer Gardens pursues $115 million expansion

Written by | Thursday, 23 March 2017 08:35 |

Frederik Meijer Gardens & Sculpture Park has launched a $115 million capital campaign to fund the expansion of the art museum, outdoor sculpture park and music venue to meet growing demand.

Herman Miller Inc. closed the third quarter of its 2017 fiscal year with sales down slightly compared to the previous quarter, missing analysts’ expectations.

Michigan legislators hope to make another go with a bill aimed at curbing a tax loophole popular with large retailers.

Blackford Capital has entered the hotel business through a new acquisition under its National Growth Practice.

Sporting goods retailer MC Sports will soon be offering up its leases for bid.

Bolstered by increased order volume from the Americas and Asia, Steelcase Inc. managed to close its 2017 fiscal year on par with the previous year’s results.

Supercenter retailer Meijer Inc. will close two suburban Chicago-area stores in the coming months, according to multiple news reports.

Increasing demand for food safety and animal testing products drove sales higher for Neogen Corp.

A global consumer products company has sued Grand Rapids-based Ranir LLC, alleging the company willfully violated an earlier out-of-court settlement related to its sale of teeth whitening strips.

After two years in the firearms business, Next Level Armaments LLC has expanded its production facility to accommodate a surge in demand for its rifles and components.

MiBiz Growth Report: March 20, 2017

Written by | Sunday, 19 March 2017 16:16 |

Here is the MiBiz Growth Report for March 20, 2017: 

• M&A: Grand Rapids-based fuel distributor Crystal Flash Inc. has expanded its geographic footprint into Southeast Michigan with the acquisition of Adrian-based Lenawee Farm Bureau Oil Cooperative, which has more than 500 customers. Two employees will stay on with Crystal Flash, according to a statement. Terms of the deal, which was finalized this month, were not disclosed. Lenawee County Farm Bureau Oil Cooperative serves agricultural, commercial, construction and home heating oil customers. Grand Rapids-based Charter Capital Partners served as financial adviser to Crystal Flash on the deal. The employee-owned company employs 250 people at 15 locations in Michigan.

Retailer J.C. Penney Company Inc. said today that it would close 138 stores nationwide, including at two malls in West Michigan.

JR Automation Technologies plans to invest $1.9 million in an expansion project that will increase production space at its Stevensville operation.

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