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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.

Kent County and other stakeholders plan “two firsts” in providing abatements for Switch Ltd.’s colocated data center in Gaines Charter Township.

Chicago-based real estate investment firm Capri EGM LLC this week announced a sale-leaseback deal for the four-building corporate headquarters of Hagerty Insuance Agency Inc. in downtown Traverse City.

The Boyd Group Inc., announced today the opening of a new Gerber Collision & Glass repair center in Kalamazoo, formerly operated by the adjacent Seelye Ford car dealership.

Legislation aimed at closing a controversial tax loophole today cleared a major hurdle.

Shipston Aluminum Technologies Inc., a manufacturer of aluminum safety components, plans to invest $10 million to expand its facility in Spring Lake Township.

Blue Cross Blue Shield of Michigan is seeking state regulatory approval for a relatively small average rate increase of 2.9 percent for small businesses in 2017.

West Michigan technology firm, DornerWorks Ltd. plans to beef up its Grand Rapids operation through a $1.3 million investment.

Alticor Inc. struck an agreement with Japan-based Shiseido Americas Corp. to sell off its Gurwitch Products LLC subsidiary.

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