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Mark Sanchez

Mark Sanchez

Senior Writer

[email protected]

Wolverine World Wide Inc. Chairman, President and CEO Blake Krueger joined his colleagues from around the state last week at the Business Leaders for Michigan CEO Summit in Detroit. His point during a panel discussion: After a decade of tough times, now is a great time to invest in Michigan, which is recovering economically faster than almost every other state in the nation.

 What started as a niche opportunity when credit tightened during the tough economy has become a target of greater focus for United Federal Credit Union

Michigan made significant strides in an annual entrepreneurial scorecard issued by the Small Business Association of Michigan. The state’s entrepreneurial climate ranked 15th nationally in 2011, compared to 45th in 2010.

Monday, 19 March 2012 10:08

Office furniture expected to dip in 2012

After posting strong growth for 2011, the office furniture industry will experience a small decline this year and then pick up again in 2013, according to a new forecast.

Friday, 16 March 2012 08:56

Credit unions mergers to continue

As the banking industry enters another era of mergers and acquisitions, Michigan credit unions continue the steady consolidation trend that has been occurring for more than a decade, though at a slightly slower rate the last two years.

The small community bank may very well go extinct as the banking industry reacts to recent changes in federal regulations. Bankers and industry experts cite the 2010 Dodd-Frank Act — the largest overhaul of the nation’s banking regulations in decades, passed in the wake of the 2008 financial crisis — as a key driver of the expected increase in merger-and-acquisition activity in the coming years.

The recent addition of a small surgical practice that boosts the physician lineup at Lakeshore Health Partners follows a major trend within health care. A litany of forces has increasingly led physicians to opt to become employed by a large medical group practice or health system, enabling them to leave behind the growing administrative burdens of running a private practice in an age of health care reform.

John Weiss takes over as head of the Grand Valley Metropolitan Council at what he sees as an opportune time to promote greater cooperation among communities and stronger collaboration with the private sector.

The state’s economic decline could very well give way to what Bruce Katz sees as a state that is a leader in innovation and global exports. The Great Recession from which the U.S. is now recovering “was a wake-up call for this country” that requires America to “build a next economy and enable a different kind of growth in the next decade,” said Katz, director of the Brookings Institute Metropolitan Policy Program.

Tuesday, 06 March 2012 10:57

Horn resigns as CEO of Priority Health

After 15 years at the helm, Kim Horn decided to step down as head of Priority Health this spring to pursue a new phase of her career in health care.

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