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Legislation that passed the state Senate last Thursday seeks to level the playing field for economic development organizations trying to attract companies to Michigan’s border communities.

A new venture capital fund based in Grand Rapids plans to target investments in early-stage companies in the Midwest, MiBiz has learned.

Fast food and casual restaurant operator Meritage Hospitality Group Inc. (OTCQX: MHGU) said yesterday it has initiated a string of acquisitions that will continue to grow its operations. 

AMI Entertainment Network LLC of Grand Rapids has acquired a U.K.-based manufacturer of jukeboxes.

A Northern Michigan provider of vendor management solutions for hospitals and health care systems has been acquired by a private equity firm.

Haworth sales up 6.6% in 2016

Written by | Thursday, 09 February 2017 13:31 |

After a year of modest sales growth, Haworth Inc. today reported annual sales of $1.94 billion for 2016.

Southland Auto Wash acquired by Arizona firm

Written by | Thursday, 09 February 2017 08:30 |

Southland Auto Wash of Wyoming, Mich. has been acquired by Tucson, Ariz.-based Mister Car Wash.

Carbide Specialties acquired by Riverside Tool

Written by | Thursday, 09 February 2017 05:00 |

Carbide Specialties Inc. of Grand Rapids has been acquired by an Elkhart, Ind.-based tooling company.

Against the backdrop of business leaders increasingly voicing concerns about a lack of downtown parking, the city of Grand Rapids plans to increase parking capacity with the construction of a new lot.

An increasing appetite for cage-free eggs among consumers will result in a $2 million expansion project for Poultry Management Systems Inc.

The Grand Rapids Downtown Development Authority board this morning agreed to provide tax increment financing to support a mixed-use hotel development in the core downtown business district.

Betten-Baker acquires Big Rapids dealership

Written by | Wednesday, 08 February 2017 08:58 |

The Betten-Baker auto dealer group has expanded to Big Rapids with the acquisition of Gary Trimarco Chevrolet Buick GMC.

As the nation’s political and macroeconomic climate changes, The Right Place Inc. says it needs to adapt how it measures its impact.

Amway sales dip for third consecutive year

Written by | Wednesday, 08 February 2017 06:00 |

Sales at direct-selling giant Amway Corp. slid for the third consecutive year as key international markets softened in 2016.

Michigan was among 44 states that added solar energy jobs last year.

Herman Miller Inc. will centralize its leadership and integrate functions of several business segments bid to better streamline its organizational structure and accelerate growth.

Perrigo Co. plc today struck a deal that gave an activist shareholder three seats on its board of directors.

Wolverine World Wide Inc. has reorganized its leadership team by promoting one company veteran and hiring a long-time foortwear apparel industry company executive. 

GRAND RAPIDS — Blandford Nature Center has collaborated with local partners on a transformational land deal that could help reshape a neighborhood on the west side of Grand Rapids. 

MiBiz Growth Report: Feb. 6, 2017

Written by | Sunday, 05 February 2017 16:49 |

Here is the MiBiz Growth Report for Feb. 6, 2017. 

• M&A: The Pioneer Group, a Big Rapids-based publisher of newspapers and an operator of a digital marketing services business, has sold after four generations of family ownership. Owners Jack and John Batdorff sold the company to Hearst Communications Inc., the New York-based publishing giant, according to a statement. The Pioneer Group publishes two daily newspapers in West Michigan, The Pioneer in Big Rapids and the Manistee News Advocate. The company also includes three weekly titles: Lake County Star, based in Baldwin; Herald-Review in Osceola County; and The Benzie County Record Patriot. The company also publishes four Shopper publications. Terms of the deal were not disclosed. Through the deal, the Hearst Newspapers division expands its holdings in Michigan, which include the Huron Daily Tribune and Midland Daily News.

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