rss icon

 

 

Mercantile Bank shows strong growth in Q3 report

Written by | Tuesday, 18 October 2016 09:35 |

Mercantile Bank Corp. grew earnings by nearly 7 percent in the third quarter while recording strong loan growth.

With increasing demand for fresh, specialty groceries, Walker-based Meijer Inc. has started to look outside the big box retail format it’s known for, even if the retailer doesn’t like to admit it. 

MiBiz Growth Report: Oct. 17, 2016

Written by | Sunday, 16 October 2016 19:27 |

Here is the MiBiz Growth Report for Oct. 17, 2016: 
• M&A: Grand Rapids-based Ranir LLC, a manufacturer of a variety of oral care products, has acquired Toronto-based BrushPoint, a maker of toothbrushes. In the deal, for which terms were not disclosed, Ranir will increase its product offerings and distribution footprint in the U.S., Canada and Europe. The BrushPoint acquisition comes on the heels of a deal in July of this year in which Ranir purchased the Rembrandt teeth-whitening brand from Johnson & Johnson Consumer Inc. Last month, the company also said it had purchased the 200,000-square-foot facility at 4701 East Paris Ave. SE where it had been a tenant for 20 years.

After leaving their positions at Blackford Capital earlier this year, Jeff Helminski and Jack Kolodny have launched their own private equity firm with a goal to fill a gap in the market.

Metro Health can now begin performing angioplasty on an elective basis after earning state approval.

First National Bank (FNB) of Michigan plans to open a Holland office and has hired a veteran banker as market leader.

Grand Ledge-based Kuntzsch Solutions has come together with Public Sector Consultants of Lansing to form one organization.

McGarry Bair PC, a Grand Rapids-based intellectual property law firm, will move its downtown offices to the recently completed Arena Place mixed-use development at 45 Ottawa Ave. SW.

Coastal Automotive took the first step in its four-year global expansion strategy by announcing a $6.5 million investment to establish a new manufacturing facility in Holland.

A West Michigan information technology firm specializing in cyber security, network infrastructure and other services plans to upgrade its facility in Kentwood.

M&K Truck Centers has acquired Sterling Heights-based Wiegand Mack Sales & Service.

Data Strategy opens Atlanta office

Written by | Wednesday, 12 October 2016 12:35 |

Data Strategy LLC announced this month it would open a sales and engineering office in Atlanta to serves as the firm’s southeastern hub.

The second-generation of the Walcott and Laning families has acquired 50 percent of Premier Freight Management Corp. of Holland.

Metro Health Hospital says it secured a $1 million settlement against the former head of the Metro Health Foundation.

Custom Profile Inc. has acquired the plastic extrusion business from Wisconsin-based Bemis Manufacturing Company.

Breaking News

December 2016
S M T W T F S
27 28 29 30 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

Follow MiBiz