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Sunday, 18 September 2016 15:56

MiBiz Growth Report: Sept. 19, 2016

Here is the MiBiz Growth Report for Sept. 19, 2016.

• M&A: Zeeland-based BiaCare Corp., a manufacturer of compression garments and bandages, was acquired by SIGVARIS Group, a Swiss maker of medical compression textiles. BiaCare was founded 12 years ago and employs 22 people in Zeeland, according to a statement. The company developed a range of compression products with velcro wraps to treat lymphedema, lipedema and chronic venous insufficiency. Terms of the deal were not disclosed. SIGVARIS pursued the acquisition as part of its international growth strategy for medically complex compression applications, calling BiaCare “a pioneering leader” in the segment. For BiaCare, the deal “significantly increases our ability to provide physicians and therapists the compression solutions they need,” according to President Keith Hoffman. 

Published in In the News
Thursday, 01 September 2016 09:59

Wolverine World Wide to expand in Big Rapids

Wolverine World Wide Inc. is investing approximately $1 million into an expansion at its Big Rapids facility, which primarily manufactures its Bates brand of military footwear.

Published in In the News

An executive with long ties to the West Michigan business community has a new appointment to the leadership team at a Pennsylvania university.

Published in In the News

Footwear and apparel marketer Wolverine World Wide Inc. reported better-than-expected result for its second quarter, although sales were down compared to last year.

Published in In the News

British voters wanted to send a message with the Brexit vote, and it was certainly heard loud and clear by manufacturers in West Michigan. 

Published in Manufacturing

Wolverine World Wide Inc. reported declining revenues in the first quarter of its 2016 fiscal year, in line with what the company’s executives predict to be a challenging year.

Published in In the News

The number of entrepreneur-themed programs developed for non-business students continues to grow across West Michigan liberal arts schools.

Published in Education

Wolverine World Wide Inc. reported declining revenues in the fourth quarter and for its 2015 fiscal year.

Published in In the News

Richie Woodworth, who’s been with Wolverine since 2006, will now head the group with the Sperry, Stride Rite, Keds and Hush Puppies brands, according to a statement released yesterday. 
Woodworth will move into his new position effective Jan. 3.

Published in In the News
Tuesday, 02 June 2015 08:46

Wolverine World Wide names new CFO

Following the departure of Donald Grimes, Wolverine World Wide Inc.’s CFO of the last seven years, the Rockford-based marketer of footwear and apparel has appointed Michael Stornant as senior vice president, CFO and treasurer. 
The appointment is effective June 12.

Published in In the News
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