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Retailer Meijer Inc. has opened two new 192,000-square foot superstores.

Goodwill reopening Portland, Mich. location

Written by | Wednesday, 08 June 2016 11:29 |

Goodwill Industries of Greater Grand Rapids is set to reopen its Portland store on June 25.

The owner of Acrisure LLC, the Caledonia-based insurance brokerage that’s been growing rapidly across the U.S. with an aggressive M&A strategy, is working on a potential sale to New York City-based investment firm Blackstone Group LP, according to a report by Reuters.

Kalamazoo’s Borgess Health and Marshall-based Oaklawn Hospital will strengthen ties under a collaborative partnership.

Mary Free Bed Rehabilitation Hospital in Grand Rapids and Troy-based Residential Home Health formed a joint venture to provide home care in West Michigan.

When Andy Thomas won the inaugural Momentum Business Plan Competition last year, it helped propel the growth of his startup business faster than he expected.

A looming cloud hung over this year’s Mackinac Policy Conference, and it wasn’t left over from Wednesday’s rain. The majority of the approximately 1,500 attendees at the annual retreat hosted by the Detroit Regional Chamber were laser-focused on two issues the state would rather not be known for: the legislative budget fight for the nearly-bankrupt Detroit Public Schools (DPS) and the ongoing Flint water crisis.

A new venture capital fund in Grand Rapids that will do tack-on deals for existing portfolio companies of Michigan Accelerator Fund I closed this week after raising $5 million from investors.

The Grand Rapids Symphony has named Marcelo Lehninger as its new music director, following a three-year search.

Rose and Westra acquired by GZA

Written by | Thursday, 02 June 2016 09:14 |

Norwood, Mass.-based GZA GeoEnvironmental Inc. has acquired environmental engineering and consulting firm Rose and Westra Inc. of Grand Rapids.

Restaurant operator Meritage Hospitality Group Inc. in Grand Rapids announced the promotion of two long-term executives.

Sakae Seiko Co. Ltd. of Ōbu, Japan has opened its first North American sales office in Battle Creek.

Kingma’s Market to expand in Ada

Written by | Wednesday, 01 June 2016 11:18 |

Long-time northeast Grand Rapids specialty grocer Kingma’s Market plans to expand and open its second store in Ada.

A long-vacant part of Grand Rapids’ burgeoning West Side neighborhood could soon become the focus of a new development project.

Alphabroder to close facility in Niles

Written by | Tuesday, 31 May 2016 15:40 |

Broder Bros Co., the owner of national apparel retailer Alphabroder, plans to close its Niles facility by Sept. 30, 2016, according to a filing with the Worker Adjustment Retraining and Notification (WARN) act.

MiBiz Growth Report: May 31, 2016

Written by | Sunday, 29 May 2016 11:53 |

Here is the MiBiz Growth Report for May 31, 2016. 

  • M&A: Sun Capital Partners Inc., a Florida-based private equity firm, has acquired convenience store operator Admiral Petroleum Co. and Lemmen Oil Co. in Coopersville. Admiral operates 130 Admiral gas stations and convenience stores in Michigan and Indiana, plus nine under the Lemmen brand name. Terms of the deal were not disclosed. Sun Capital named Jeff Turpin, a 20-year veteran of the convenience store industry, as CEO. Turpin previously served as chairman and CEO of VPS Convenience Store Group, a former portfolio company of Sun Capital.

Home Sweet Home In-Home Care, a St. Joseph home care provider, has acquired Ability In-Home Care.

U-M Health System joins Together Health

Written by | Friday, 27 May 2016 13:36 |

The University of Michigan Health System has joined Together Health Network, a statewide care network formed two years ago between the Michigan operations of Trinity Health and Ascension Health.

National Coatings Inc. in Traverse City has been acquired by Color Masters Painting of Raleigh, N.C.

Despite a first quarter revenue decline, executives at grocery retailer and food distributor SpartanNash Co. say they’re hungry for new business opportunities and possibly acquisitions.

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