Breaking News

GRAND RAPIDS — Securing patent protection boosts the chances of a startup company to land the financing needed to commercialize a physical therapy medical device that was developed at Spectrum Health.

GRAND RAPIDS — Strong growth in patient volumes over the last several years led Mary Free Bed Rehabilitation Hospital to take on an expansion project much sooner than expected.

Legislation coming up for consideration in Lansing aims to alleviate so-called “surprise billing” in health care.

GRAND RAPIDS — Officials expect to begin the $45 million project to restore the rapids in the Grand River by July 2021, later than they had originally projected.

GRANDVILLE — After searching for vacant sites in several other regions, the owners of Littlefoot Coffee Roasters LLC found space in Grandville that allows them to plant their roots back in Michigan and have room to expand in the future.

As the hunt for PFAS contamination has expanded into crops and livestock, it has revealed new food safety concerns related to the limited state-led testing system and lax federal standards. 

Despite a historically cold spring, a year-over-year decline in acreage and new outbreaks of pests, some local growers of hops are reporting record-breaking harvests. 

Agricultural land values have remained relatively stable throughout most regions in Michigan, even though many farmers continue to face serious headwinds. 

Working under the hot summer sun, Ricardo Martinez and Yolanda Garrido concentrated on meeting their quota. They lost track of the hours, but bucket-by-bucket, seven days a week, they picked blueberries at a farm in Southwest Michigan. 

GRAND RAPIDS — A house on Union Avenue SE may soon become part of the solution to providing safe and stable housing to the city’s growing population of homeless youths.

Melissa Cook, cardiovascular rehabilitation coordinator at Metro Health, spoke with MiBiz about the move in health care toward helping people to change their lifestyle to prevent or better manage disease and how the Pritkin program fits with it.

KALAMAZOO — Ascension Borgess Hospital has purchased 8.2 acres of land from Western Michigan University for the future development of outpatient services. 

JENISON — Ottawa Kent Insurance Agency Inc. was acquired by Traverse City-based High Street Insurance Partners Inc., an insurance agency platform formed last year by Huron Capital Partners LLC, a Detroit-based private equity firm.

GRAND RAPIDS — Restaurant operator Meritage Hospitality Group Inc. has added to its growing portfolio of Wendy’s restaurants with the acquisition of five Texas locations.

GRAND RAPIDS — The parent company of MiBiz has sold its Revue West Michigan title to Serendipity Media LLC, a Grand Rapids-based custom publisher and marketing firm. 

HOLLAND — Hoekstra Electrical Services LLC is relocating its headquarters to Holland after outgrowing its space in nearby Hamilton.

CHARLOTTE — Spartan Motors Inc. continues to build its presence on the West Coast with its second acquisition of a California company in three months. 

West Michigan businesses are responding to reports from the White House that the U.S. government is considering drastic cuts to the number of refugees who are allowed to enter the country.

GRAND RAPIDS — Workplace interiors dealer Custer Inc. has acquired Fort Wayne, Ind.-based Productive Business Interiors. 

BYRON CENTER — Mobile video technology manufacturer Pro-Vision Video Systems Inc. has been acquired by a Boston-based private equity fund. 

GRAND RAPIDS — Blandford Nature Center has launched a $6.6 million project to turn the former Highlands Golf Club property back to nature.

A monthly index of West Michigan’s economy returned to “moderate growth” in August after taking what economist Brian Long calls a “substantial dip” a month earlier.

Consumers Energy announced plans Thursday to purchase a majority of the output from a large-scale solar project in Calhoun County, among the first deals under the utility’s shift to renewable energy.

WYOMING — Midstate Security Co. LLC, a West Michigan-based electronic security and monitoring systems firm, is under new ownership. 

Pi Optima Manufacturing Inc., a Zeeland-based machine shop that supplies the aerospace and automotive industries, is under new ownership. 

KALAMAZOO — Stryker Corp. said today it has signed a definitive agreement to acquire Mobius Imaging LLC, a Massachusetts-based advanced imaging technology company for about $370 million in cash.

GRAND RAPIDS — The assets of Grand Rapids Hydroponics Inc. were acquired by Denver-based GrowGeneration Corp., the largest chain of specialty hydroponic and organic garden centers. 

After operating its brewing facility in a 700-square-foot space since 2017, the owners of Arvon Brewing Co. in Grandville say they are ready to grow the business.

Here is the revised text of the “Statement on the Purpose of a Corporation” issued by the Business Roundtable on Aug. 19:

GRAND RAPIDS — Spectrum Health wants to become one of the first cardiac care providers in the nation to use an innovative diagnostic device that monitors and warns cardiac patients of an impending heart attack.

GRAND RAPIDS — Acquiring a Detroit-based HMO gives Priority Health a greater market presence in Southeast Michigan.

GRAND RAPIDS — City officials are reviving plans for a solar project at a former Grand Rapids landfill as the city sorts through broader questions about potential generation at seven other city-owned properties.

When Grand Rapids-based Multi-Automatic Tool and Supply Co. started searching for prospective acquisitions several years ago, the move came as a reaction to many of the company’s customers buying directly from small shops. 

BATTLE CREEK — Cedar Run Decoy Co. LLC aims to provide hunters with new ways to get back to the basics of waterfowling. 

GRAND RAPIDS — Spectrum Health aims to incorporate some of the lessons learned from operating the former Strive primary care and wellness office into its medical practices across West Michigan.

Grand Ventures I LP’s lead investment in a Chicago digital health company typifies what’s occurring in venture capital in Michigan and neighboring states: Funds based in the region are backing Great Lakes-based startups.

As U.S. economic growth slows, so too does Michigan’s economy.

GRAND RAPIDS — TG Manufacturing LLC, a fully-integrated metals manufacturing company, acquired Turnkey Fabrication LLC, an integrated fabrication operation with laser, CNC brake press, machining, assembly and welding process capability.

GRAND RAPIDS — Founders Brewing Co. is selling a majority stake in the business to the brewery’s Spain-based minority shareholder, MiBiz has learned. 

The Business Roundtable, an organization of leading U.S. corporate executives, last month issued a new version of its Statement on the Purpose of a Corporation. 

The latest version of the Business Roundtable’s Statement on the Purpose of a Corporation is intriguing, according to Tim Syfert, a clinical professor of business at Grand Valley State University’s Seidman College of Business.

Steelcase Inc. President and CEO James Keane was among the 181 chief executives in the U.S. that signed the Business Roundtable’s “Statement on the Purpose of a Corporation.” He offered his perspective on the document in emailed responses to MiBiz.

GRAND RAPIDS — Developers of apartments in Grand Rapids are still seeing high demand for market-rate units.

In response to growing concerns about groundwater issues, Ottawa County’s Olive Township has hit pause on plans for a platted subdivision that’s been in the works for nearly a decade. 

HOLLAND — A new fund aims to cover pre-development costs to incentivize developers to add affordable housing in the Holland and Zeeland areas, MiBiz has learned.

Some housing developers in West Michigan are turning to condominiums and townhomes in targeting Millennials who are looking for more space and quieter locations. 

State Sen. Stephanie Chang says granting state driver’s licenses for undocumented immigrants is as much of an issue of economics and public health as it is about immigration.

KALAMAZOO — The Blacktop Saints Riding Club is among hundreds of motorcycle clubs throughout the country that are riding for good.