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GRAWN — A grower-owned fruit cooperative with several Western Michigan members has filed for Chapter 11 Bankruptcy protection, following a series of setbacks to its operations and annual harvest.

Published in In the News

ALBION — After filing for Chapter 11 bankruptcy earlier this year, Patriot Solar Group LLC won a minor court victory late last month to keep its case moving forward.

Published in Manufacturing

ALBION — A dispute over several large-scale solar energy projects forced a Southwest Michigan solar equipment manufacturer into bankruptcy earlier this month.

Published in Manufacturing
Sunday, 25 December 2016 17:20

2017 Outlook: John Irwin, Huntington Bank

Huntington National Bank’s West Michigan president, John Irwin, sees more certainty and confidence in the marketplace following the November presidential election. He expects West Michigan’s economy to continue rolling along in 2017. According to Irwin, among business leaders he speaks with, “everyone’s hopeful about the future and what’s going to happen here with this administration” of President-elect Donald Trump and the potential for lower business taxes. They’re also bullish on the prospects to roll back federal regulations on business. Irwin also doubts that higher interest rates will alter the course of the economy.

Published in Crystal Ball

Bartenders at Rockford Brewing Company Inc. have poured more pints of craft beer than expected in the company’s three years of operation. With production at its taproom and brewhouse in Rockford maxed out at 800 barrels of beer annually, co-founder Seth Rivard said the craft brewery will need to look outside of its existing facility to add capacity.

Published in Beer and wine

A federal judge yesterday ruled against Huntington National Bank regarding its financial relationship with Cyberco Holdings Inc. and Teleservices Group Inc. Both entities were created by Grand Rapids businessman Barton Watson, who committed suicide in 2004 after federal agents began investigating his companies for fraud.

Published in In the News

The Federal Reserve’s decision to hold interest rates low disappointed a couple of local economists who say it sends the wrong message about the state of the U.S. economy.

Published in Finance

As volumes grew during the past year, the U.S. Small Business Administration has again decided to waive fees for loans of less than $150,000 that are made under its primary lending program.

Published in Finance

Huntington Bancshares Inc. has agreed to buy another 13 Bank of America offices in Michigan, including two locations in Holland and Muskegon.

Published in In the News

Lending backed by the U.S. Small Business Administration remains steady in Michigan, driven by a slowly but steadily improving state economy.

Published in Finance

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