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Industry headwinds such as steel and aluminum tariffs and new disruptors are forcing many West Michigan office furniture makers to deal with new challenges. 

Published in Manufacturing

Whether via acquisition or partnership agreements, West Michigan’s office furniture makers are looking to fill product holes with their recent spate of deals.

Published in Manufacturing

 CHICAGO — These days, furniture purchasers likely are interacting with a product virtually before they ever see it in a showroom or store.

Published in Manufacturing
Sunday, 23 July 2017 14:23

MiBiz Growth Report: July 24, 2017

Here is the MiBiz Growth Report for July 24, 2017.

• M&A: Ludington-based West Shore Bank acquired Ellis Capital Management in Muskegon. The deal, which closed July 17, extends West Shore Bank’s wealth management services into Muskegon, Ottawa and Kent counties. The bank, with assets of $426 million, previously provided wealth management at its seven branches in Ludington, Manistee and Hart. Ellis Capital Management founder David Ellis, who started the firm in 1997, and his staff joined West Shore Bank’s Wealth Management group. He became a senior vice president primarily responsible for growing the Grand Rapids and Muskegon regions. Ellis Capital Management offices in downtown Grand Rapids and Muskegon will operate under the name of West Shore Bank-Wealth Management. Warner Norcross & Judd LLP advised West Shore Bank in the transaction. Ellis Capital Management was advised by the law firm of Parmenter O’Toole PC.

Published in In the News

With an increasingly mobile workforce and an ever greater need for technology investments, companies and entrepreneurs continue to seek out new designs for their offices.

Published in Manufacturing

GRAND RAPIDS — Offering shorter lease terms and increased flexibility to tenants may seem counterintuitive to executives in the office development and property management sector. 

Published in Design Build

Worklab by Custer is developing an alternative office space environment for a newly renovated downtown Grand Rapids office building. Worklab, a separate company formed under the Custer Inc. banner, recently inked a deal with developer Franklin Partners LLC to create 10,000 square feet of co-working space on the second floor of the 99 Monroe building.

Published in Commercial Real Estate

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