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.
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 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.
President Juan Olivarez of Aquinas College plans to retire June 2017, according to the Board of Trustees.
Terryberry Co. LLC has acquired Ann Arbor-based Kelleher Enterprises Inc., a manufacturer of employee recognition products.
Venture capital investments in Midwest health sciences companies ballooned during the first half of 2016, both in terms of deal flow and dollar value.
The Waldron Public House, one of the downtown area’s most recently opened watering holes, has closed to the general public.
A project to move a microbrewery from the outskirts of Sparta to the heart of the village downtown got a shot in the arm yesterday thanks to a state grant.
Advanced industries continue to drive employment growth in Grand Rapids in the face of talent constraints.
Shares of Perrigo Co. plc declined sharply today after the company reported lower quarterly sales and earnings and cut expectations for 2016.