Breaking News

Quantum Sails has acquired the manufacturing assets and sailmaking rights of Newport, R.I.-based Hood Sailmakers.

Two projects in Grand Rapids, as well as housing developments in Lansing, Charlotte and Hartford, have been awarded competitive affordable housing tax credits.

Jeff Mason has been named chief executive of the state’s top economic development organization.

Users of retailer Meijer Inc.’s official delivery partner will be able to get some added items beginning this week.

Here is the MiBiz Growth Report for July 10, 2017:

• M&A: Portage-based Carl Walker Inc., an architecture and engineering firm specializing in the parking garage sector, was acquired on June 30 by Wantman Group Inc., a West Palm Beach, Fla.-based design, planning and surveying firm, according to a statement. Carl Walker became a wholly-owned subsidiary of WGI Structures. President and CEO Gary Cudney, along with other key executives, principals and associates, will remain with the company. The company will continue to be known as Carl Walker and will be branded as a division of WGI. Terms of the deal were not disclosed. Carl Walker has designed parking structures all over the country, including many of the garages built along the Medical Mile health care development in downtown Grand Rapids. Fayetteville, Ark.-based Zweig Group represented Carl Walker in the deal.

GRAND RAPIDS — Based on the success of prior technology workshops, a local nonprofit plans to leverage its partnership with a Detroit-based training firm to support a bootcamp specifically for women.

Small, independently owned power plants across Michigan are locked in a battle with Jackson-based Consumers Energy over what may very well decide their fate.

GRAND RAPIDS — Agility Health Inc. expects to complete a debt restructuring by this fall that would deleverage the company so it can get back to growing again and achieve profitability.

With a commercial real estate development pipeline that stretches into 2019, the forecast for the industry in West Michigan remains bright. MiBiz periodically checks in on the status of proposed developments. This report highlights several projects from around West Michigan and examines where they currently sit in the development pipeline.

GRAND RAPIDS — After running into challenges with leasing retail space at a prominent downtown redevelopment, a DeVos-held entity got permission from the state to delay its incentive loan repayments.

While West Michigan’s affordable housing crisis may pale in comparison to situations in other larger metro areas, disparate groups are taking a hands-on approach to the problem.

When Brian Kelly first heard about a suburban space to move his Grand Rapids-based photography studio, he ignored the idea for one simple reason: It was in Kentwood.

ALBION — After filing for Chapter 11 bankruptcy earlier this year, Patriot Solar Group LLC won a minor court victory late last month to keep its case moving forward.

HAMILTON — An artistic metal foundry once headquartered in Chicago has relocated its operations to Southwest Michigan.

Ask West Michigan manufacturers how they’re addressing the challenges of finding qualified workers, and many of them likely will cite automation equipment as a key part of their solution.

The malware attack against a Grand Rapids-based medical supplier serves as a reminder of the constant cyber threats businesses of all sizes face.

WYOMING — Six months into its new life as part of the University of Michigan Health System, Metro Health has a clearer view of its future based on capital investments to drive growth.

Order volatility in the office furniture industry continued to affect sales for Herman Miller Inc.

ScentLok Technologies Inc. acquired the assets of Minnesota-based Robinson Outdoor Products LLC from Chapter 11 bankruptcy yesterday.

A partnership could bring a new $30 million entertainment district along with a 10-screen movie theater to Holland’s central business district.

Two local Christian publishers have formed a new publishing partnership.

Greg Loomis doesn’t consider the clattering of construction equipment just outside his office to be a daily distraction, but rather the future of health care in Muskegon County taking shape.

A new venture capital fund in West Michigan closed on its first deal this week.

Lumbermen’s Inc., a manufacturer and distributor of wood products and building materials has acquired Michigan Prestain Co.

A key executive at a major West Michigan grocery retailer and distribution company will leave his position next month.

Carl Walker Inc., a Portage-based architecture and engineering firm specializing in the parking garage sector, is under new ownership.

Longtime surface parking lots in the city’s downtown central business district continue to give way to a new, large-scale development.

Drivers and pedestrians on Grand Rapids’ west side will soon see a new scaled-down store format take shape for Walker-based grocery retailer Meijer Inc.

Grand Rapids-based commercial brokerage Beacon Realty Group LLC has closed a deal bringing the Mansard House Apartment complex in Kalamazoo under new, undisclosed ownership.

Here is the MiBiz Growth Report for June 26, 2017:

Greg Koch has a front row view of the seismic shifts playing out in the world of American craft brewing. The co-founder and executive chairman of Escondido, Calif.-based Stone Brewing Co. — the 17th largest brewery in the country — also isn’t shy about sharing his views on the trend of large conglomerates buying up craft breweries.

LANSING — A series of bills could open the Michigan Grape and Wine Industry Council to members from the distilling, craft beer and other alcoholic beverage segments.

GRAND RAPIDS — Advocates of the AmeriCorps program are concerned about its fate in the current national political environment.

GRAND RAPIDS — The developers of a mixed-use project being built on the southwest side of downtown just completed an $8.7 million capital raise to finalize a construction loan.

KALAMAZOO — The $6 million expansion of Rx Optical Laboratories Inc.’s corporate campus in Southwest Michigan will support further steady growth for the company.

MUSKEGON — A startup business on the lakeshore is helping craft brewers globally to diversify the mix of packaged products they can sell via their taprooms.

With an increasingly mobile workforce and an ever greater need for technology investments, companies and entrepreneurs continue to seek out new designs for their offices.

A former state representative and financial advisor from Otsego has been ordered to cease and desist sales of unregistered securities.

Despite growing operational complexity and a period of industry-led change, office furniture suppliers say they remain optimistic.

CHICAGO — When Herman Miller Inc. first introduced the Aeron chair during the dawn of the dot-com era in 1994, it took the office furniture industry by storm.

CHICAGO — After years of shifting between private spaces and open office floor plans, the office furniture industry seems to have settled on a happy medium.

Despite an erratic environment for orders, Steelcase Inc. reported earnings on par with the previous year.

Bankers in West Michigan and nationwide could get some regulatory relief this year.

GRAND RAPIDS — A local nonprofit real estate developer is in talks to acquire a large West and Mid-Michigan residential property portfolio from its current out-of-state owners, MiBiz has learned. 

Backers of a marijuana legalization ballot initiative in Michigan say they have the financial and grassroots support necessary to put the question before voters in 2018.

While Gov. Rick Snyder was on a week-long trade mission to Europe, economic development legislation he’s championed came to a halt and of one of his appointees was indicted over allegations related to the ongoing Flint water crisis. Snyder spoke with MiBiz on these and other topics from Milan, Italy.

GRAND RAPIDS — A dispute over 3.3 miles of railroad track running through the city could soon be coming to an end. 

Bad debt incurred at Michigan hospitals and the financial assistance offered to help patients with medical bills declined by nearly $325 million in the first full year that the state expanded Medicaid eligibility under the federal Affordable Care Act.