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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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Atwater Brewery acquired by division of MolsonCoors
GRAND RAPIDS — Atwater Brewery, a Detroit-based brewery with a satellite taproom in Grand Rapids, has been acquired by Chicago-based Molson Coors Beverage Co., one of the largest international brewing conglomerates. GRAND RAPIDS — Atwater Brewery, a...
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Michigan brewers hope for continued Pure Michigan boost
Craft brewing industry executives worry that a lack of Pure Michigan advertisements touting the state as a brewery tourism destination could have a chilling effect on attracting out-of-state visitors to their taprooms. Craft brewing industry executives...
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Q&A: Eugene Magnuson, CEO, Little River Holdings
In his previous role as chairman of Mno-Bmadsen, the non-gaming economic development and investment arm of the Pokagon Band of Potawatomi Indians, Eugene Magnuson was able to help out the tribe of which he and his mother are citizens. In his new...
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EDITOR’S NOTEBOOK: Tribes reiterate commitment to GR with McKay Tower deal
More than a decade ago, Grand Rapids business leaders lobbied hard to block the Match-E-Be-Nash-She-Wish Band of Pottawatomi Indians, known locally as the Gun Lake Tribe, from opening a casino near Wayland. Groups like 23 is Enough and MichGO drove the...
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Allegiant adds 3 direct flights from Grand Rapids airport
GRAND RAPIDS — Allegiant Travel Co., a low-cost Las Vegas-based airline, plans to start direct service from Gerald R. Ford International Airport to Los Angeles, Boston and Austin, Texas. GRAND RAPIDS — Allegiant Travel Co., a low-cost Las Vegas-based...
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Lambert & Co. acquires New York firm
GRAND RAPIDS — Lambert & Co. closed on its second acquisition in two months with a deal for New York-based Casteel Schoenborn Investor Relations & Corporate Communications. GRAND RAPIDS — Lambert & Co. closed on its second acquisition in two months...
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Zeigler Automotive Group to acquire 3 Illinois dealerships
KALAMAZOO — Zeigler Automotive Group expects to add $350 million in annual sales with the planned acquisition of three luxury dealerships in the northwest suburbs of Chicago. KALAMAZOO — Zeigler Automotive Group expects to add $350 million in annual...
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Michigan craft beverage M&A to ease in 2020?
While craft beverage industry insiders expect more deals ahead nationally in 2020, the market in Michigan may be poised to level off. While craft beverage industry insiders expect more deals ahead nationally in 2020, the market in Michigan may be...
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M&A Roundtable: Buyers continue chasing deals as limited inventory of quality sellers persists
participants in a recent roundtable hosted by MiBiz. Participating in the discussion with this reporter and MiBiz Editor Joe Boomgaard were: Elisa Berger, vice president in the M&A practice at Charter Capital Partners Jordan Hoyer, a partner and general...
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MiBiz.com’s most-read stories of 2019
Readers in 2019 turned to MiBiz.com for myriad exclusive reporting and news scoops. What sets this most-read stories list apart from previous years was the overall diversity in the most popular stories, which ranged from breaking news about M&A,...
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Broad Leaf plans self-distribution to get real-time feedback, weigh demand for beers
GRAND RAPIDS — An established West Michigan brewery whose products are available on shelves statewide is taking a novel approach to getting its newest brand out to market. GRAND RAPIDS — An established West Michigan brewery whose products are available...