FRUITPORT — A connection Chris Witham made five years ago at a trade show in Anaheim, Calif. culminated in a major investment that will position Motion Dynamics Corp. for growth in the medical device industry.
Twelve Michigan food processing and agriculture companies will travel to Shanghai and Shenzhen, China next month on a trade mission with the Michigan Department of Agriculture and Rural Development.
GRAND RAPIDS — Software development firm Blue Medora LLC raised nearly $7.5 million in capital in what one expert calls a “tough” but “good” environment for companies seeking investors.
As Jackson-based Consumers Energy looks to build a statewide electric vehicle charging network, other companies in the sector have raised concerns about maintaining competition in the marketplace, both for vendors and drivers.
Air-Way Manufacturing, a manufacturer of hydraulic fittings, has established a 20,000-square-foot office facility in North Carolina to support its subsidiary Hydra-Flex Inc.
Virginia-based Ferguson Waterworks has acquired Jackson-based Michigan Pipe and Valve’s Kalamazoo location.
Johnson Technology Inc., a subsidiary of GE Aviation, plans to invest more than $14 million in converting an existing warehouse into a manufacturing facility for nozzles and shrouds for commercial and military jet engines.
A new bill proposed in the Michigan Legislature could more than triple the state’s excise tax on beer.
Nonprofit education organization West Michigan Center for Arts + Technology (WMCAT) today announced a plan to move its headquarters to the emerging Bridge Street corridor.
With e-commerce sales on the rise, Mindscape hopes that a newly launched training and consulting division can help clients navigate the increasingly complex world of digital marketing.
Burr Oak Tool Inc. has entered a strategic partnership with Sistemi Meccanici Industriali, of Udine, Italy.
Thanks to an anonymous donor, the Manistee County Community Foundation (MCCF) this year increased its unrestricted endowment by $1 million and is now aiming for $2 million.
In naming its Excellence In Construction Awards winners yesterday, the West Michigan chapter of Associated Builders and Contractors Inc. (ABC) offered a glimpse at some finished products within the region’s expanding construction industry.
BiaCare Corp., a Zeeland-based manufacturer of compression garments and bandages, was acquired by SIGVARIS Group, a Swiss maker of medical compression textiles.
The Gilmore Collection, owners and operators of restaurant facilities like The B.O.B., today unveiled details for the under construction music venue in downtown Grand Rapids.
Medical device supplier Motion Dynamics Corp. has received a major capital investment from a Los Angeles-based private equity firm to support growth.
Hedge fund urges Perrigo to explore sale of non-core assets in bid to improve performance, stock priceWritten by Mark Sanchez
Less than a year after shareholders of Perrigo Co. plc turned down a $26 billion hostile takeover bid, a New York City hedge fund wants the company to look at the potential sale of its generic drug business and to get more aggressive in improving performance.
After more than a decade of operation, one of West Michigan’s first organic farms could soon have new owners.
The new owner of a long-time cigar store in Grand Rapids wants to expand the shop’s offerings and give patrons more reason to hang out and smoke.
The aging Breton Village shopping center will soon follow the trend of other malls in the region and become "de-malled."
Retail options continue to grow in the downtown Grand Rapids area with the addition of a new outdoor apparel store.
Here is the MiBiz Growth Report for Sept. 6, 2016:
• M&A: Lansing-based Eckhart Inc., a portfolio company of private equity firm LFM Capital of Nashville, Tenn., acquired Auto Craft Tool & Die Inc. and 3 D Sales Inc., both of Algonac, Mich., in a deal to add more controls, robotics, and automation-based solutions and distribution capabilities. Auto Craft operates facilities in Marine City, where it makes material handling systems and specialized tooling for industrial manufacturers. The company manufactures door and instrument panel carriers and automatic guided carts. The related 3 D Sales business distributes industrial ergonomic and work cell components. The deal, the terms for which were not disclosed, was the first for Eckhart, a manufacturer of ergonomic assembly line equipment that last year joined the LFM Capital portfolio. The Nashville-based private equity firm focuses on lower middle-market manufacturers and industrial services providers with enterprise values in the $15 million to $75 million range.
Stryker Corp. has acquired Ivy Sports Medicine LLC, a Montvale, N.J.-based producer of products to repair meniscal tears in the knee.