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Macatawa Bank Corp. grew earnings during the fourth quarter and all of 2016.

Fourth quarter earnings flat for Whirlpool

Written by | Friday, 27 January 2017 12:45 |

Whirlpool Corp. ended the fourth quarter of 2016 with earnings on par with the previous year.

Despite single-digit sales growth, Gentex Corp. reported flat earnings to end 2016.

The nonprofit community has a unique opportunity to engage individuals from both sides of the political aisle in meaningful conversations to find common ground. That was a key theme during a panel discussion as part of the 2017 MiBiz Best Managed Nonprofits Awards, held on Tuesday at the Goei Center in Grand Rapids.

With tax credits awarded, the development of three new affordable housing projects in the area should move forward.

Independent Bank reports growth for 2016

Written by | Thursday, 26 January 2017 13:49 |

Independent Bank Corp. today reported higher earnings for the fourth quarter and all of 2016.

Delta Industrial Valves to close Niles facility

Written by | Thursday, 26 January 2017 12:36 |

Delta Industrial Valves Inc. will close its facility in Niles by the end of June.

ChoiceOne Financial Services Inc. ended 2016 with a second straight quarter of record earnings.

Chemical Financial Corp. posted significantly higher earnings for the final three months of 2016, driven by the $1.7 billion acquisition of Talmer Bancorp Inc. that closed in late summer.

The Orlando, Fla.-based PlanSource, a provider of cloud-based benefits and human resources software, has acquired Next Generation Enrollment in Ada.

Art Van Furniture Inc. has announced its intention to sell to a private equity firm.

The largest sale of a medical office building in Michigan since 2014 is now a done deal.

MiBiz Growth Report: Jan. 23, 2017

Written by | Sunday, 22 January 2017 17:09 |

Here is the MiBiz Growth Report for Jan. 23, 2017.

• M&A: Bryan Betten and Chris Baker, two veteran West Michigan dealership executives, have acquired Grand Chrysler Dodge Jeep Ram in Lowell from former owner Harvey Koning. Betten-Baker is in the process of acquiring the remaining Grand Auto Family Services Inc. dealerships owned by Koning, which include facilities in Grandville, Allegan and Lowell, said Pete Ricards, division director at Betten-Baker. The company also is acquiring a Big Rapids-based GMC dealership from Gary Trimarco Automotive group, but is waiting on manufacturer approval from General Motors to complete both deals. 

A long vacant and blighted building in Cereal City’s downtown could soon see new activity. Battle Creek’s city commission on Tuesday approved a $570,000 loan for a subsidiary of Grand Rapids-based development firm 616 Lofts LLC to assist the company with cleanup efforts at the 19-story Heritage Tower at 25 West Michigan Ave., according to a report from the Battle Creek Enquirer.

Chervon North America will move its headquarters from downtown Grand Rapids to Naperville, Ill., a suburb outside of Chicago.

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