Herman Miller Inc. closed the third quarter of its 2017 fiscal year with sales down slightly compared to the previous quarter, missing analysts’ expectations.
Blackford Capital has entered the hotel business through a new acquisition under its National Growth Practice.
Bolstered by increased order volume from the Americas and Asia, Steelcase Inc. managed to close its 2017 fiscal year on par with the previous year’s results.
Increasing demand for food safety and animal testing products drove sales higher for Neogen Corp.
After two years in the firearms business, Next Level Armaments LLC has expanded its production facility to accommodate a surge in demand for its rifles and components.
On June 30, John Dunn will step down as president of Western Michigan University after a decade on the job. Over the course of his tenure, Dunn ushered in a new era for the Kalamazoo-based university, playing a key role in striking a partnership with the Cooley Law School and creating the private Homer Stryker M.D. School of Medicine. Under Dunn, WMU increased its minority enrollment from 10 percent of the student body in 2007 to 22 percent now. At the same time, WMU’s international student population doubled to 1,833 students. During a visit to Grand Rapids as part of a 10-day farewell tour across the state, Dunn spoke with MiBiz about his accomplishments at WMU and his plans for retirement.
With most experts predicting a surge in defense and infrastructure spending based on the Trump administration’s recent proposals, manufacturers likely will have more opportunities to vie for federal contracts. However, the process of actually finalizing a contract with the federal government is far from easy, said Sue Tellier, owner of JetCo Solutions LLC. The Grand Rapids-based consulting firm assists companies in the aerospace, defense, professional services and other industries in sourcing procurement contracts with the federal government. Roughly 20 percent of the company’s clients work in the aerospace industry. Tellier spoke with MiBiz regarding some best practices for companies pursuing government contracts.
Legislation proposed earlier this month in the U.S. Senate could provide a boost to Michigan’s nascent advanced wood products industry.
GRAND RAPIDS — While many companies decry the lack of available talent as a key challenge, one California-based manufacturer cited West Michigan’s workforce as the primary reason it’s moving into the region.
ALBION — A dispute over several large-scale solar energy projects forced a Southwest Michigan solar equipment manufacturer into bankruptcy earlier this month.