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GVSU President Haas to retire next year

Written by | Wednesday, 28 February 2018 12:21 |

Grand Valley State University President Tom Haas plans to retire in mid 2019.

In a new deal, the Grand Rapids office of Colliers International Inc. seeks to expand its multifamily business.

After nearly doubling the business over the last two and a half years, the private equity owners of Action Fabricators Inc. decided the market timing was right to find a partner to take the company to the next level.

The Grand Rapids Downtown Market continues to restructure long-standing debt tied to a state economic development incentive as it attempts to stabilize its finances.

The path to regulatory approval for a mega-merger of two broadcast television conglomerates could result in the sale of one of their stations in Grand Rapids and Kalamazoo.

Over the next year, SpartanNash Co. plans to reinvest its federal tax savings in its employees and in energizing its Family Fare grocery stores.

A collaborative real estate development project on Grand Rapids’ southwest side received its final city approval on Tuesday night and now plans a fall groundbreaking.  

Wolverine World Wide eyes new acquisitions in 2018

Written by | Wednesday, 21 February 2018 15:06 |

With the “heavy lifting” of its restructuring plan mostly completed, shoe and apparel marketer and retailer Wolverine World Wide Inc. plans to turn its attention to growth in 2018.

Interphase Interiors acquired by new owners

Written by | Wednesday, 21 February 2018 09:25 |

The new owners of office furniture dealer Interphase Interiors Inc. say they want to put their collective backgrounds to work to elevate client service.

Pathway Management LLC, a Chicago-based senior housing real estate firm that does business as Pathway to Living, has acquired a Kentwood senior living and memory care facility.

A long-discussed park on the banks of the Grand River just north of downtown Grand Rapids could take a couple steps closer to reality this week.

MiBiz Growth Report: Feb. 19, 2018

Written by | Sunday, 18 February 2018 20:07 |

Here is the MiBiz Growth Report for Feb. 19, 2018: 

• M&A: Great Lakes Scrip Center Inc., a West Michigan-based provider of gift cards for fundraising, was acquired by Minneapolis, Minn.-based Bold Orange, a recently formed marketing firm. Over 23 years, Great Lakes Scrip Center has worked with more than 48,000 organizations to raise $680 million. The company last spring acquired The Manna Group in Palatine, Ill. and was the largest gift card company in the nation. Local operations at Great Lakes Scrip, which employs about 90 people, will continue “business as usual,” said Jill Whalen, vice president for retail operations.

MATTAWAN — The proposed sale of MPI Research Inc. to Charles River Laboratories International Inc. for $800 million would end local ownership for a company that’s one of the largest employers in the greater Kalamazoo area.

GRAND RAPIDS — Mercy Health’s partnership with the Dominican Sisters of Grand Rapids to plan the future of the religious order’s 34-acre Marywood Campus leverages a natural connection between the two organizations.

GRAND RAPIDS –– As city officials retool their efforts to find a new top executive for Grand Rapids, national experts say there’s a ripe market nationally for talent.

In her third State of the City address on Thursday evening, Grand Rapids Mayor Rosalynn Bliss presented the city as being open for business, but acknowledged it also needed to address various economic disparities.

State and federal regulators have approved the proposed $61.8 million merger of TCSB Bancorp Inc. in Traverse City into Independent Bank Corp.

Haworth sales top $2 billion for 2017

Written by | Wednesday, 14 February 2018 15:14 |

Office furniture manufacturer Haworth Inc. reported higher sales for 2017.

The nonprofit organization that administers the Grand Rapids Downtown Development Authority and several downtown events has new leadership.

Venture capital firm Grand Ventures I LP was among the investors in a Charleston, S.C. software firm that uses artificial intelligence to work with clients to identify and engage with job candidates.

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