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A manufacturer of heavy-duty hydraulic pumps, valves and systems has sold to a private equity-backed Texas firm.

Two craft distilleries have agreed to a negotiated settlement in a trademark dispute stemming from a November lawsuit.

MiBiz Growth Report: April 2, 2018

Written by | Sunday, 01 April 2018 10:21 |

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.

Urbaneer LLC, a provider of home furnishings geared toward smaller living units, has spun out of Rockford Construction Co. Inc.

New economic reports show Michigan’s economy making flat to minimal growth.

CQL acquires Ann Arbor digital creative agency

Written by | Thursday, 29 March 2018 09:08 |

Digital services provider CQL Corp. has acquired Union Digital Co., an Ann Arbor-based digital commerce and creative agency.

Aerospace manufacturer to expand in Grand Rapids

Written by | Wednesday, 28 March 2018 15:38 |

Aerospace manufacturer Jedco Inc. plans to invest $9 million to expand capacity in West Michigan, the company announced today.

A subsidiary of Universal Forest Products Inc. plans to acquire the assets of a Georgia producer of packaging products.

The Chicago-based owner of two West Michigan malls has reached an agreement to sell in a deal that would reportedly create one of the largest retail property companies in the country.

A West Michigan-based supplier of medical equipment has acquired Clean Start Surgical LLC of Plymouth.

ZEELAND –– An affiliate of Zeeland Farm Services Inc. plans to purchase a soybean facility, soy flour mill, grain elevator and non-GMO soybean inventories in Creston, Iowa.

Automotive supplier Shape Corp. is selling its stamping operations facility in Spring Lake, the company announced Thursday.

GAINES TOWNSHIP –– An industrial property firm with ties to retailer Amazon.com Inc. is the developer behind “Project Rapids,” a massive fulfillment center proposed for southern Kent County.

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.

Bobby Hopewell, mayor of Kalamazoo since 2007, announced on Monday evening that he won’t seek re-election next year.

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