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A publicly traded real estate investment trust has acquired a 176-acre blueberry farm in Van Buren County for $2.1 million.

Jackson-based energy provider Consumers Energy plans to build a six-story, $20 million regional headquarters on Grand Rapids’ west side.

Alcoholic beverage distributor Imperial Beverage Co. will enter the Upper Peninsula market after acquiring Bayside Beverage earlier this week.

Muskegon kayak maker to hire 70 employees

Written by | Monday, 12 March 2018 15:48 |

Amid a growing demand for kayaks over the last 10 years, one West Michigan manufacturer is looking to hire 70 employees at its headquarters in Muskegon.

Longtime GVSU facilities exec retiring

Written by | Friday, 09 March 2018 15:17 |

James Moyer, Grand Valley State University’s longtime associate vice president for facilities planning, will retire as of March 31.

As Gov. Rick Snyder works to secure a $100 million commitment for his “Marshall Plan for Talent,” he also wants to tear down silos between the education and business communities.

Herman Miller International exec to retire

Written by | Thursday, 08 March 2018 08:30 |

A member of the executive team at Herman Miller Inc. has announced plans to retire.

In choosing sites other than West Michigan, Inc. walked away from more than $2 billion in incentives offered by three West Michigan municipalities to the Seattle-based online retailer to locate in the region.

One West Michigan-based automotive dealership group continues to grow its Chicago-area presence.

Leading Michigan business executives view the state as having reached “basecamp two” in its climb up the mountain of becoming a top 10 state in terms of jobs, personal income and economic health.

Meijer planning more smaller format urban stores

Written by | Wednesday, 07 March 2018 07:55 |

Meijer Inc.’s 39,000-square-foot Bridge Street Market being built west of downtown will serve as a “proof of concept” for the company’s planned expansion of smaller format urban grocery stores.

A West Michigan tooling and automation firm has acquired a boutique die and stamped products engineering firm.

The Kent County Department of Public Works (DPW) has taken a step forward in its goal of exiting the landfill business over the next decade.

MiBiz Growth Report: March 5, 2018

Written by | Sunday, 04 March 2018 18:52 |

Here is the MiBiz Growth Report for March 5, 2018:

• M&A: After nearly doubling the business over the last two and a half years, the private equity owners of Action Fabricators Inc. decided the market timing was right to find a partner to take the company to the next level. Last week, Chattanooga, Tenn.-based River Associates Investments LLC announced it had sold the Grand Rapids-based manufacturer of adhesive-backed products for the automotive and medical device industry to Boyd Corp. of Modesto, Calif. Terms of the deal were not disclosed. Action Fabricators grew revenues from around $45 million in 2015 to nearly $80 million at the time of the sale. President and CEO Jon Rudolph and the rest of the management team will stay on with the new owners. Boyd is a portfolio company of San Francisco-based Genstar Capital. Milwaukee, Wis.-based Robert W. Baird & Co. represented Action Fabricators in the deal.

Rates that Blue Cross Blue Shield of Michigan charges small businesses for employee health coverage would increase modestly and in some cases decline for policies renewed in the second half of 2018.

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