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Sunday, 15 April 2018 20:49

MiBiz Growth Report: April 16, 2018

Here is the MiBiz Growth Report for April 16, 2018.

• M&A: Holland-based JR Automation Technologies LLC, a private equity-backed manufacturer of custom automation equipment, has acquired Setpoint Systems and Setpoint Inc. of Ogden, Utah. The deal further expands JR Automation’s industrial automation offerings for global clients, according to a statement. The acquired companies specialize in automation solutions and motion control systems for the e-commerce and amusement industries. Terms of the deal were not disclosed.

Published in In the News

Today’s legal environment has transformed the seemingly innocuous job application into a polarizing document with significant liability exposure. “Ban-the-box,” gender identity, and pay equity movements are just a few of the recent developments that have contributed to the large landmine field of liability employers face with their job applications.

Published in Sponsored content

Utility customers across the state could be refunded hundreds of millions of dollars as a result of the federal tax overhaul that passed in December, reducing the corporate income tax rate.

Published in Economic Development

Most business leaders have heard of the law known as “Title IX,” but few understand the broader context of the statute or how it may be relevant outside of collegiate sports. Clark Hill attorneys Erin C. Galbally, Marshall W. Grate and Nicole M. Paterson specialize in handling matters relating to Title IX (officially known as Title IX of Educational Amendment of 1972) and offer their insight on how it continues to evolve in new ways.

Published in Sponsored content

GRAND RAPIDS — In the wake of a whistleblower lawsuit filed last month by its now-fired chief operating officer, the Grand Rapids Art Museum (GRAM) has to confront allegations that members of its executive leadership misused donor-restricted funds to cover gaps in its operational budget.

Published in Nonprofits

GRAND RAPIDS — Two stalwart West Michigan retailers are closing up shop, opening up valuable real estate at a time when space is at a premium in the region.

Published in Design Build

When small business owners are surveyed, “access to capital” almost always ranks at or near the top of one of the greatest challenges facing small businesses. Navigating the options for funding in a post-recession economy is increasingly difficult. Even more important for an entrepreneur is determining how to maintain or manage capital once it is secured.

Published in Sponsored content

Establishing a regulatory framework for the sale of medical marijuana could generate between $44.3 million and $63.5 million annually in tax revenue for Michigan, according to a new report. 

Published in Economic Development

Crowdfunding opens up a new set of opportunities for capital formation to support commercial real estate projects, according to industry experts. But along with the ability to raise money from a large pool of non-accredited investors comes a host of new complexity.

Published in Commercial Real Estate

While the state will continue to operate a film office to assist productions that choose to shoot in Michigan, it will no longer provide any kind of tax incentives — whether through a credit or a rebate — as it has since 2008.

Published in In the News
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