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While West Michigan may lack the depth of resources and talent that some regions of the country possess when it comes to the medical device industry, it may have one key advantage: the affordability of its contract manufacturing. 

After several tours of duty in Iraq and Afghanistan, Jed Welder knew that he needed a change. The 14-year military veteran grew up on a family farm but left at a young age for a stint in the U.S. Marine Corps before later transitioning into the U.S. Army. As his military career came to an end, Welder yearned for the freedom, challenge and accomplishment that comes through farming.

Two large impairment charges totaling $1.67 billion drove Perrigo Co. plc to a net $1.25 billion loss in the third quarter.

Voters in Van Buren County cleared the way for South Haven Health System to become part of Bronson Healthcare Group at the start of the new year.

Educational furniture maker Vanerum Stelter LLC of Grand Rapids has been acquired by MooreCo Inc., a Temple, Texas-based office furniture manufacturer.

Traxys Power Group has sold the L’Anse Warden Electric Co. power plant to Green Bay, Wis.-based Convergen Energy.

TreeHouse Foods Inc. said last week that it will downsize its workforce at its Battle Creek plant over a 15-month period starting in January 2017.

Spectrum Health plans a ceremonial groundbreaking Tuesday for a new medical campus within the Ada Village development.

GRAND RAPIDS — Residents of Michigan’s second largest city needn’t fear their drinking water. 

SpartanNash Co. is expanding its capacity in produce distribution and fresh-prepared foods with the acquisition of an Indianapolis firm.

The proposal to build Grand Rapids’ tallest tower has cleared its last major hurdle.

A newly-formed real estate investment firm has acquired three shopping centers in Greenville, northeast of Grand Rapids.

Grand Rapids Mayor Rosalynn Bliss met today with leaders of local nonprofits to announce GRgives, a city-wide Giving Tuesday campaign.

Mercy Health’s CEO attributes the low grades received in a semi-annual report card on hospital patient safety to an “administrative mistake” that he says is getting fixed.

Nestle Waters North America plans to invest $36 million into an expansion at its Ice Mountain bottling plant in Mecosta County, roughly 50 miles north of Grand Rapids.

Eleven hospitals in West Michigan were among 29 statewide to receive a top grade in the latest report card on patient safety.

Extol Inc. has sold its ErgoStation product line of height-adjustable tables and machine bases to Indiana-based Precise Mold & Plate.

A newly formed partnership will move forward on a long-planned apartment renovation project in the popular Eastown neighborhood of Grand Rapids.

The Eastown Business District is poised to get its second brewery.

Telehealth provider RespondWell LLC of Grand Rapids has been sold to Zimmer Biomet Holdings Inc., a producer of musculoskeletal health care products.

Here is the MiBiz Growth Report for Oct. 31, 2016.

• M&A: Ferris Coffee & Nut Co. has acquired Kalamazoo-based Lush Gourmet Foods, a maker of flavored peanuts and almonds. Grand Rapids-based Ferris Coffee & Nut Co. will allow Lush Gourmet to operate under its original brand, according to a statement. Lush Gourmet founder Bisera Urdarevik will join Ferris Coffee & Nut Co. as the company’s creative director of product development. Lush Gourmet’s production will be transferred to Ferris Coffee & Nut Co.’s Grand Rapids headquarters in early 2017, according to the statement. Urdarevik created Lush Gourmet in 2011 while studying as a culinary student at Kendall College in Chicago. Terms of the deal were not disclosed. 

The opening of a neurology clinic in Grand Haven could become the first of multiple satellite sites for Mercy Health Hauenstein Neurosciences.

GRAND RAPIDS — Over the course of four years, Michigan State University researchers managed to take about $300,000 and turn it into more than $4.5 million.

 

The availability of scientific and executive management talent and the access to later-stage investment capital remain major issues for Michigan’s life sciences industry.

When West Michigan Symphony Music Director Scott Speck visited Germany, he attended a free Bavarian State Opera performance. A crowd of at least 200,000 people greeted the orchestra musicians as though they were national heroes. 

As many nonprofits have started to prioritize succession planning, higher education institutions in Michigan are providing financial incentives to ensure those organizations have a pipeline of qualified leadership candidates.

Kalamazoo-based First National Bank of Michigan plans to open a Holland office five years after moving into the Grand Rapids market.

Macatawa Bank Corp. today reported higher earnings for this year’s third quarter.

Of all the issues Greg Carmichael deals with each day, trust and reputation are the ones that concern him the most.

As final details come together for combining with the University of Michigan Health System, Metro Health is proceeding with development of a $6 million clinic to treat vascular disease.

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