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HexArmor, a Grand Rapids-based personal protective equipment manufacturer, will invest $8.7 million into a Kent County facility and plans to create roughly 50 jobs over the next three years.

A Grand Rapids-based automotive dealership has acquired an Ann Arbor dealership that will create about 18 jobs, the company announced this week.

Concept Design Group has been acquired by Ghafari Associates Inc., a Dearborn-based global architecture, engineering and construction services firm.

Solar industry advocates are dismayed by a recent Michigan Public Service Commission decision that phases out net metering after June 1.

MiBiz Growth Report: April 30, 2018

Written by | Sunday, 29 April 2018 15:47 |

Here is the MiBiz Growth Report for April 30, 2018.

• M&A: New York City-based Standard Media Group LLC, a new investor-backed media company, has entered into a definitive agreement with Sinclair Broadcast Group Inc. of Hunt Valley, Md. to acquire Grand Rapids-based Fox 17 WXMI and eight other stations around the country. The $441.7 million cash deal would create a new media company affiliated with Standard General LP, an SEC-registered investment adviser that manages capital for public and private pension plans, endowments, foundations, and high net worth individuals. The deal, which is subject to regulatory approval, is expected to close in conjunction with the Sinclair-Tribune transaction. As MiBiz previously reported, Sinclair is trying to appease government regulators in a bid to finalize its $3.9 billion acquisition of Chicago-based Tribune Media Co., which currently owns Fox 17. 

Laura Bell will step down as CEO of Bell’s Brewery Inc. on May 18.

Grand Valley State University has announced the Allendale-based higher education institution had an economic impact of about $849 million on West Michigan over the last year.

Five Spectrum Health hospitals in West Michigan, along with Metro Health in Wyoming and Lakeland Regional Medical Center in St. Joseph, earned a top grade in a semi-annual report on hospital quality and safety.

A lower federal corporate tax rate contributed to higher earnings for West Michigan community banks that reported quarterly results this week.

A proposed “massive” distribution and warehouse facility in southern Kent County has moved one step closer to a groundbreaking.

Industrial equipment manufacturer Burke Porter Group is expanding its product portfolio and manufacturing presence with the acquisition of Van Hoecke Automation.

State certifies petition to legalize marijuana

Written by | Thursday, 26 April 2018 11:13 |

Michigan continues to come closer to legalizing and regulating the recreational use of marijuana.

A new investor-backed media company has signed a deal to acquire the West Michigan Fox television affiliate.

Medizone International Inc. says it may not continue to operate in its present form following a push by creditors to force the company into involuntary bankruptcy.

A West Michigan-based manufacturer plans to expand with new 25,000-square-foot in Plainfield Charter Township.

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