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UFP Industries warns coronavirus could ‘materially and adversely’ affect operations
GRAND RAPIDS — Universal Forest Products Inc. warned investors today that the coronavirus pandemic could pose serious challenges to the business. GRAND RAPIDS — Universal Forest Products Inc. warned investors today that the coronavirus pandemic could...
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Herman Miller to pay workers during three-week shutdown
ZEELAND — Herman Miller Inc. is continuing to pay its Michigan workers affected by the temporary shutdown of its manufacturing operations in compliance with the state’s stay-home order. ZEELAND — Herman Miller Inc. is continuing to pay its Michigan...
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Whirlpool cites ‘unprecedented uncertainty’ over coronavirus in withdrawing 2020 guidance
BENTON HARBOR — Appliance manufacturer Whirlpool Corp. has joined other publicly traded companies in withdrawing its 2020 earnings guidance, citing “unprecedented uncertainty” and concerns over disruptions related to coronavirus. BENTON HARBOR —...
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Steelcase issues layoffs, slashes costs amid worries over coronavirus disruptions
GRAND RAPIDS — Steelcase Inc. said Tuesday that reduced or halted operations at its global manufacturing and distribution centers because of the coronavirus will “temporarily, but significantly” affect the company’s ability to generate revenue in its...
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Wolverine withdraws 2020 guidance citing uncertainty, volatility due to coronavirus
ROCKFORD — Citing “heightened uncertainty and recent volatility” related to the coronavirus, footwear and apparel marketer Wolverine World Wide Inc. says it is withdrawing its previous guidance for the 2020 fiscal year. Editor’s note: As a service to...
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DeVos-owned distillery to donate hand sanitizer to area health care providers
HOLLAND — Coppercraft Distillery is joining a number of distilleries in the state with plans to produce hand sanitizer. Editor’s note: As a service to our community, MiBiz’s coronavirus coverage is available free to all website visitors. We encourage...
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Feds ease regulations to allow distilleries to make hand sanitizer
The federal regulatory body that oversees the alcohol industry has cleared the way for U.S. distilleries to begin producing hand sanitizer. Editor’s note: As a service to our community, MiBiz’s coronavirus coverage is available free to all website...
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Michigan bar/restaurant closure ‘will be a bloodbath’
West Michigan brewery owners are reeling this morning over news that Gov. Gretchen Whitmer will issue an order later today to temporarily close bars, restaurants and other venues over concerns related to coronavirus. Editor’s note: As a service to our...
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MiBiz hires Balaskovitz as managing editor
with in-depth business reporting, analysis and scoops that they won’t find elsewhere in the West Michigan media.” Editor Joe Boomgaard will remain active in overseeing the MiBiz newsroom and help the publishing company execute on new strategic growth...
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West Michigan public company stocks fall sharply amid coronavirus outbreak, oil tensions
Stock prices for West Michigan’s publicly traded companies continued to plummet on Monday, a sign of Wall Street’s growing concern about the effect the coronavirus outbreak could have on the U.S. economy and rising tensions over oil production between...
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Lott3Metz combines with Detroit firm for SE Michigan projects
GRAND RAPIDS — Lott3Metz Architecture LLC has joined with Detroit-based Crutcher Studio Inc. to “positively contribute to Detroit’s urban revolution.” GRAND RAPIDS — Lott3Metz Architecture LLC has joined with Detroit-based Crutcher Studio Inc. to...
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Goodrich Quality Theaters files for Chapter 11 bankruptcy
GRAND RAPIDS — Goodrich Quality Theaters Inc., a Grand Rapids-based chain of 30 movie theaters in five states, has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Western District of Michigan. GRAND RAPIDS — Goodrich Quality...
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Lansing area accounting firm acquired by Clark, Schaefer, Hackett
HOLT — Business Management Resources Inc., a provider of managed accounting services to restaurant chains, has been acquired by Cincinnati, Ohio-based accounting and advisory firm Clark, Schaefer, Hackett & Co. HOLT — Business Management Resources...
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Bill would eliminate token system for Michigan beer festivals
A bill introduced in the state Legislature would change how beer festivals operate in Michigan. A bill introduced in the state Legislature would change how beer festivals operate in Michigan. Under House Bill 5347, festival goers would no longer need...
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Delivery service that lost Amazon contract to close Walker facility
WALKER — A final mile logistics company that lost a contract to deliver packages for e-commerce giant Amazon.com is closing its facility in West Michigan. WALKER — A final mile logistics company that lost a contract to deliver packages for e-commerce...
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New law provides ‘parity’ for spirits producers, vendors to host festivals
New laws aim to bring parity to the state’s alcoholic beverage sector. New laws aim to bring parity to the state’s alcoholic beverage sector. The bipartisan three-bill package of bills signed into law last week by Gov. Gretchen Whitmer allows qualified...
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West Michigan manufacturers brace for disruptions from Chinese Coronavirus outbreak
A tooling engineer from Grand Rapids-based Tier-1 supplier ADAC Automotive was traveling in the Wuhan area of China when the Coronavirus public health crisis broke in late January. A tooling engineer from Grand Rapids-based Tier-1 supplier ADAC...
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Spartan Motors divests fire apparatus business for $55 million
CHARLOTTE — Spartan Motors Inc. has divested its emergency response division to Milwaukee-based REV Group Inc. in a $55 million cash deal, effective Feb. 1. CHARLOTTE — Spartan Motors Inc. has divested its emergency response division to Milwaukee-based...
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‘A NEW NORMAL’: Declining sportsmen’s dollars upend funding model for nature conservation, outdoor recreation
Michigan’s outdoor recreation industry of today looks much differently than it did a generation ago. Michigan’s outdoor recreation industry of today looks much differently than it did a generation ago. In an industry long dominated by the traditional...
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Letter from the Editor: Please subscribe
our circulation team at (616) 608-6170 ext. 104 or (877) 443-1977. Thank you for your continued support and readership. Joe Boomgaard Editor, MiBiz
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