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Grand Rapids Whitewater secures $4.4 million in new funding, names new CEO
The Grand Rapids Whitewater nonprofit has secured $4.4 million in new public and foundation funding for its restoration efforts of the Grand River through the city.
Breaking News
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Trillium Ventures purchases two multifamily properties in Kalamazoo
Trillium Ventures MSV LLC, a Grand Rapids-based multifamily investment and property management firm, has acquired two Kalamazoo apartment complexes.
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Business-backed environmental boards stand despite Whitmer executive order
The Republican-led state Legislature has rejected an executive order from Gov. Gretchen Whitmer that would have abolished a pair of controversial environmental review boards.
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Haworth sales surpass $2.1 billion in 2018
Office furniture manufacturer Haworth Inc. reported an increase in sales for 2018.
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GR Planning Commission approves The DAAC’s proposed Creston location
Pending finalization of the building’s purchase agreement, Gaia Cafe and the Division Avenue Arts Collective LLC have a clearer path to opening in Grand Rapids’…
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SpartanNash to launch new store in Ada at former Kingma’s Market
Grocery chain operator and food distributor SpartanNash Co. plans to open a small-format Forest Hills Foods store in the Grand Rapids suburb of Ada.
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Amway sales up 2 percent in 2018, first growth in four years
For the first time in four years, sales for direct-selling giant Amway Corp. have grown on a year-over-year basis. -
Ohio company acquires Belmont-based Filter and Coating Technology Inc.
BELMONT — Filter and Coating Technology Inc., a supplier of filter and coating solutions for the automotive and industrial markets, is under new ownership.
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Grand Rapids shopping center sells to Michigan investor
GRAND RAPIDS — A strip shopping center along 28th Street has new owners. Grand Central Plaza, located at 2035 28th St. in Grand Rapids, was sold to an undisclosed Michigan-based firm,… -
Kendall Electric purchases Ohio electrical equipment distributor
Kendall Electric Inc. acquired an Ohio-based distributor of electrical equipment.
REAL ESTATE & DEVELOPMENT
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Hotel development boom continues in West Michigan
Hotel development in West Michigan remains on a torrid pace for 2019. Developers have plans to add more than 800 new rooms this year, with developments popping up in downtown Grand…
HEALTH CARE
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Charter Capital Partners, MERS invest in Pennsylvania medical device maker
GRAND RAPIDS — West Michigan investment banking firm Charter Capital Partners led a $18.3 million financing round in Malvern, Pa.-based Trice Medical Inc. The Series C capital round will go to…
FINANCE
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Growing Mercantile Bank expands Grand Rapids HQ
GRAND RAPIDS — Steady growth led Mercantile Bank Corp. to proceed with an addition at its corporate headquarters. Rising on the south side of the headquarters building at Leonard Street and U.S.…
FOOD / AGRIBUSINESS
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Craft brewers leverage cheaper, more efficient production models to get beer to market
Two West Michigan craft brewers operating with vastly differing business models are taking a similar approach to growing their operations by using capacity at other breweries. Both Sawyer-based Greenbush Brewing Co.…
MANUFACTURING
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Harsco Rail to cut 151 jobs in Ludington, consolidate manufacturing to South Carolina
After nearly a century in Michigan, Harsco Corp. plans to permanently close its only manufacturing facility in the state, starting April 1.
ENERGY
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State clean energy financing program reaches milestone, aims higher
A nonprofit “green bank” that finances residential and commercial clean energy projects continues to grow, surpassing $175 million in private investment since 2009. Officials with Michigan Saves Inc., which provides low-interest…
ECONOMIC DEVELOPMENT
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Q&A: Ken Sikkema, Co-chair, Michigan Consensus Policy Project
Ken Sikkema and three former state legislative colleagues created the Michigan Consensus Policy Project to offer solutions to pressing problems in the state in an era of what he calls “intense”…
NONPROFITS
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As CEO of Grand Rapids Whitewater, Heacock to engage people around common goals
GRAND RAPIDS — Steve Heacock admits to having a level of discomfort about being the focus of the Grand Rapids Whitewater project. Heacock left his job as a senior vice president…
TALENT
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B-schools report mixed trends in MBA applications, enrollment
Amid national declines in the number of people applying to MBA programs in recent years, business schools in West Michigan are reporting mixed results. While applications to the MBA programs dropped…
SMALL BUSINESS
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Tech firm C/D/H acquired by Red Level Group
Novi-based I.T. firm Red Level Group LLC has acquired West Michigan business and technology consultant C/D/H.