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Grand Rapids-based Blandford Nature Center has launched the public phase of its $10.3 million expansion, renovation and endowment campaign.

Whirlpool to transition to new CFO in 2017

Written by | Thursday, 23 June 2016 11:18 |

After serving as the CFO and executive vice president of Whirlpool Corp. since 2012, Larry Venturelli will retire in early 2017.

Omega Construction Co. was acquired by Vic Laing of Belmont-based Broadwater Companies Inc., according to a statement.

Universal Forest Products Inc. expects to acquire Idaho Western Inc., a Nampa, Idaho-based distributor of building materials.

Mary Free Bed Rehabilitation Hospital exceeded a $16 million fundraising goal by nearly $1 million to support the recent expansion and renovation at its Grand Rapids campus.

German company Kion Group AG, an industrial truck, material handling and logistics automation equipment manufacturer, plans to acquire Dematic Corp. for approximately $2.1 billion in what executives described as a “landmark” transaction.

Metro Health Corp. would affiliate with the University of Michigan Health System in an arrangement that could bring a significant new player into the Grand Rapids-area health care marketplace.

Herman Miller Inc. has settled a lawsuit against Madison Seating LLC, a New York-based retailer that allegedly made unauthorized use of the office furniture manufacturers’ trademarks.

Coastal Automotive, a tier-1 supplier of high-tech foams for the automotive and aerospace industries, today announced plans to open a new manufacturing facility in Holland.

Food processing giant Kellogg Co. will launch a $100 million in-house venture capital fund.

The 400-slip Grand Isle Marina in Grand Haven has been acquired by Dallas-based Safe Harbor Marinas LLC, an owner and operator of inland and coastal marinas across the U.S.

Perrigo Co. plc will sell off its vitamins, minerals and supplements business to International Vitamin Corp. of Freehold, N.J.

A trademark lawsuit involving two drug companies in West Michigan has been settled out of court, according to documents filed yesterday in federal court.

Tesa Tape to invest $20M in Sparta expansion

Written by | Wednesday, 15 June 2016 10:16 |

A West Michigan manufacturer of adhesive tapes will invest $20 million to expand production at its facility in Sparta.

Manufacturer Whitehall Industries of Ludington has been acquired by a Japanese aluminum supplier.

Universal Forest Products Inc. said today that it has agreed to acquire some assets of a Tampa, Fla.-based treated lumber manufacturer.

Meijer Inc. could look to develop a neighborhood grocery concept as part of a mixed-use redevelopment in Grand Rapids’ West Side neighborhood.

OptiMed Specialty Pharmacy in Kalamazoo has received a $500,000 performance-based grant from the Michigan Economic Development Corp. to support a $1.2 million investment for OptiMed’s new home.

BENTON HARBOR — Whirlpool Corp. may have operated with a $579 million research and development budget last year, but the global appliance maker decided to tap into crowdfunding when it came time to launch a new product. 

MiBiz Growth Report: June 13, 2016

Written by | Sunday, 12 June 2016 15:34 |

Here is the MiBiz Growth Report for June 13, 2016.

• M&A: National Coatings Inc. in Traverse City was acquired by Color Masters Painting of Raleigh, N.C. Terms of the deal were not disclosed. Established in 1996, National Coatings is a commercial and industrial painting company. Color Masters employs 120 people and will add 160 employees with the acquisition as it targets 2017 sales of $30 million, according to owner and founder Zeb Hadley. M&A firm Calder Capital LLC in Grand Rapids represented National Coatings and sourced the buyer.

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