BATTLE CREEK — A grant fund started in the wake of the coronavirus pandemic has expanded to $600,000 and will cover more businesses in the Battle Creek area.
GRAND RAPIDS — Spectrum Health has been laying off staff in the last week, citing a “dramatic” financial hit from the COVID-19 pandemic that’s left hospitals unable to perform elective and non-emergency surgeries and procedures and driven up expenses.
The second round of the U.S. Small Business Administration’s Paycheck Protection Program has seen more loans approved for lesser amounts, an indication that smaller businesses are getting assistance.
PORTAGE — Southwest Michigan could become one of three production sites in the U.S. for a potential vaccine for COVID-19 that Pfizer Inc. and Mainz, Germany-based BioNTech SE are developing.
CALEDONIA — Aspen Surgical Products Inc., a producer of disposable surgical products, has acquired Precept Medical Products in Arden, N.C., a maker of personal protection equipment in health care.
The U.S. Small Business Administration in less than a week approved more than 60,000 loans totaling $5.56 billion under the Paycheck Protection Program for Michigan small businesses affected by the COVID-19 pandemic.
Michigan distilleries that switched to hand sanitizer production are keeping the lights on, but they face a tough road ahead with on-premise sales at bars and restaurants at a standstill for the foreseeable future.
Gov. Gretchen Whitmer signed an executive order Friday opening construction, real estate and portions of the manufacturing sector on May 7, while requiring employers to adopt workplace safety measures to prevent the spread of COVID-19.
Nearly 200 small businesses in West Michigan that are struggling to survive through the COVID-19 pandemic will receive grant support from the state’s Michigan Small Business Relief Program.
GRAND RAPIDS — The city of Grand Rapids will use $3.3 million in federal funding authorized through the CARES Act on neighborhoods, business recovery and transportation and infrastructure, City Manager Mark Washington said Thursday during a virtual town hall meeting.
KALAMAZOO — Stryker Corp. recorded a modest sales increase in the first quarter, as the COVID-19 pandemic cut into demand from medical procedures that were delayed or postponed and as hospitals were unable to perform elective medical procedures.
GRAND RAPIDS — Independent Bank Corp. plans to close eight branch offices later this year as consumers increasingly use online and mobile banking, but could open new locations elsewhere in the state.
ALLEGAN — Higher consumer demand to treat symptoms of COVID-19 pushed Perrigo Co. plc to a 14-percent increase in sales growth for the first quarter.
Michigan reported more than 81,000 new unemployment claims last week, continuing the downward trend of new filings since the peak in early April.
BATTLE CREEK — Consumers stocking up on cereals, snacks and other foods during the global COVID-19 pandemic have led to “significantly” higher sales for Kellogg Co.
GRAND RAPIDS — Kent County Health Department officials are “actively and aggressively” seeking out COVID-19 cases in the community by testing in clusters of vulnerable residents, contributing to the recent rise in positive cases here.
Office furniture maker Knoll Inc. has entered into a tentative agreement to sell the company’s manufacturing plant in Kentwood.
Gov. Gretchen Whitmer on Wednesday announced new programs for frontline COVID-19 workers while highlighting past efforts she says are meant to provide opportunity to working families during and after the pandemic.
Delta Air Lines is seeking federal permission to suspend flights to airports in Lansing, Flint and Kalamazoo as air travel demand has nearly vanished during the coronavirus pandemic.
Michigan has gradually grown more reliant on federal funding to support state operations, creating “limited discretion over budgetary choices” as it’s forced to make cuts during the coronavirus pandemic, according to analysts.
State lawmakers on Tuesday urged Gov. Gretchen Whitmer to ease temporary restrictions and allow hospitals and other care providers to resume elective or non-essential medical procedures and surgeries.
Federal stimulus funding has started trickling into Michigan to offset costs related to the COVID-19 pandemic, but pressure continues for more sweeping relief to offset losses in sales and income taxes.
As phased-in regional approach to putting Michigan’s economy back to work from the COVID-19 pandemic will start with workplaces that have the lowest risk and include new practices for employers to follow.
GRAND RAPIDS — Kent County officials have halted plans to consider selling a downtown office building as well as $18.7 million in building projects because of uncertainty caused by the coronavirus pandemic.
GRAND RAPIDS — New supplies and equipment have enabled Spectrum Health to test 1,000 people a day for COVID-19.
ZEELAND — Gentex Corp. (NASDAQ: GNTX) reported first-quarter losses related to the ongoing shutdown of most vehicle production and the ensuing economic crisis caused by the coronavirus global pandemic.
When Nic and Joanna Merrill heard about shortages of hand sanitizer in Southwest Michigan, they began wondering how their company, craft distillery Kalamazoo Stillhouse, could help fill the void.
COPING WITH COVID-19: Speciation Artisan Ales leverages business model for survival, pushes ahead on second locationWritten by Joe Boomgaard
Mitch Ermatinger’s outlook has improved in the weeks since the mid-March closure of all Michigan bars and restaurants, but the economic effects of the pandemic are still weighing heavily on the co-founder of Speciation Artisan Ales LLC.
The recent shutdown forced many small craft beverage companies to shift their business models on the fly.
Oktober Design LLC proves the aphorism of being in the right place at the right time when it comes to finding success in business.
The city of Grand Rapids has appointed three officials to serve top economic development, planning and finance posts.
Michigan greenhouses and nurseries say they are pleased and ready to open following an executive order today by Gov. Gretchen Whitmer loosening restrictions on some businesses as COVID-19 cases level off.
The new normal: As public officials and businesses plan to reopen, the future will look much differentBy ANDY BALASKOVITZ, JESSICA YOUNG and MARK SANCHEZ
The world around us — as we knew it in Michigan before March 10 — is going to look much different for the next 12 to 18 months.
The coronavirus has wiped out recent statewide clean energy job gains as Michigan companies take a patchwork approach to continuing work during the pandemic.
As Michigan manufacturers shift course to join the growing “arsenal of health,” federal regulators have responded to the COVID-19 outbreak by reducing potential liability that typically comes with making medical supplies.
Automakers are delaying or rethinking the timing of new vehicles as production disruptions caused by the global COVID-19 pandemic linger into the spring.
In normal times, Trinity Health’s seven hospitals across Michigan generate combined operating income of $9 million to $10 million a month.
As doctors and nurses treat patients during the COVD-19 pandemic, Casey Kuhn and his team of seven people at Metro Health-University of Michigan Health have been busy working to identify what they face in the days and weeks ahead.
The Michigan Economic Development Corp. plans to put $3 million into a capital fund that will invest in early-stage technology companies.
The sheer volume of small businesses that have sought federal relief loans illustrates the depth and scope of the economic pain brought on by the COVID-19 pandemic.
The U.S. Small Business Administration intends to resume taking loan applications Monday for another round of the Paycheck Protection Program.
The number of angel investors expanded again, the average size of Michigan-based venture capital funds increased, and even if you exclude major deals as one-time outliers, the amount invested last year still grew.
As the owner of longtime downtown Grand Haven retailer Down To Earth, Sholeh Veiseh has turned to hosting virtual fashion shows and offering sales on social media to bring in some revenue during the coronavirus closure.
The coronavirus brought swift public health and economic damages, but the mental toll from thousands of deaths, millions on unemployment and isolation could have lasting effects on mental health.