Gov. Rick Snyder today commissioned a pilot program aimed at creating a state infrastructure management plan.
The board of directors for MSU Federal Credit Union (MSUFCU) today announced its plans to open a branch in downtown Grand Rapids later this year.
West Michigan-based contract furniture companies have muddled through the recent period of political uncertainty and mixed international demand.
Here is the MiBiz Growth Report for April 3, 2017.
• M&A: Industrial and fastener distributor Manufacturer’s Supply Co. has signed an agreement to sell certain assets to Winona, Minn.-based Fastenal Co. (Nasdaq: FAST). Fastenal expected to close on the deal for Manufacturer’s Supply, or Mansco, at the end of March, after this report went to press. Terms of the deal were not disclosed. Hudsonville-based Mansco generated roughly $50 million in sales in 2016 from locations in Michigan, Alabama and Texas. It was founded in 1928. President Jim Mol has operated Mansco for the last 25 years. Mansco supplies a range of fastener products “with a particularly strong market position with commercial furniture OEMs,” a market to which Fastenal “has not meaningfully contributed in the past.”
Cultural arts groups in West Michigan are thankful for the current support they find in donors and audiences, but they have serious concerns for the future.
Business as usual has never really been business as usual for nonprofits. Each new presidential administration and the efforts to cultivate that next generation of donors leave very little room for complacency, especially in the financial arena. Keith Hopkins has made a successful career out of assisting nonprofits of all sizes with fundraising campaigns. MiBiz spoke with Hopkins about how nonprofits are dealing with the current environment and what that could mean for their fundraising activities.
The impact of possible budget cuts under the Trump administration is weighing on the minds of most nonprofit leaders in West Michigan, but it’s especially concerning for executives at arts and cultural organizations.
KALAMAZOO — The level of hiring activity and the frequency of job changes for today’s workers has generated steady growth for companies performing alcohol and drug screening.
ZEELAND — On the heels of opening an outpatient surgery center in Grand Rapids in February, a California firm has set its sights on developing another facility in West Michigan.
COOPERSVILLE — A glut in raw milk production throughout the state is driving substantial agribusiness growth in West Michigan as area processing companies struggle to keep up.
WYOMING — Stakeholders in the ongoing development of the Metro Health campus say they’re about halfway to their targeted $1 billion investment in southwestern Kent County.
As developers from around the Midwest descend on Michigan’s capital region, the Lansing area’s brownfield sites could soon become a lot less brown.
Upcoming cybersecurity regulations could catch manufacturers off guard and put at risk their ability to perform government contracts.
WALKER — After several years of stagnating sales in its core business, one West Michigan company is diversifying into the packaging industry with a new expansion project.
ZEELAND — A legal dispute challenging the validity of the 2014 merger between Herman Miller Inc. and Design Within Reach could head to trial in Delaware this November.
KALAMAZOO — The launch of a clinical trial in Europe brings a Southwest Michigan medical device startup a step close to the marketplace and an eventual sale.
Fisheries managers witnessed firsthand the devastation caused to coastal communities around Lake Huron when the population of chinook salmon abruptly crashed in 2004.
GRAND RAPIDS — Developers behind a $140 million movie theater and mixed-use district south of Van Andel Arena want to expand the project to include a new office tower and hotel, MiBiz has learned.
As the four partners developed the business plan for Creston Brewery, they faced a key decision that would define the future direction of their company.
Siliconature Corp. will open a production facility in Kentwood, a suburb of Grand Rapids, in a bid to increase sales in its North American market.
As part of a $111.8 million string of acquisitions, Meritage Hospitality Group Inc. (OTCQX: MHGU) will take on eight new Wendy’s locations in Michigan, including its first locations in southeast Michigan.
A proposal for an additional mixed-use, residential redevelopment along Wealthy Street in Grand Rapids took a step forward today.
Two West Michigan dairy producers will collaborate on a wastewater infrastructure project that could spur up to $173 million in future investment in Coopersville.
Now that the Affordable Care Act will remain the law of the land, Dominick Pallone would like to see Congress and President Trump work to improve the federal health reform law.
A Pennsylvania plant closure could translate into growth in West Michigan for a global plastic injection molding supplier.
Commercial real estate and city government stakeholders view a soon-to-be vacated riverfront site as an ideal laboratory for testing a more equitable model of development.
Habitat for Humanity of Michigan has a new partner to help support its Housing Counseling and Financial Education program.
Herman Miller Inc. closed the third quarter of its 2017 fiscal year with sales down slightly compared to the previous quarter, missing analysts’ expectations.
Blackford Capital has entered the hotel business through a new acquisition under its National Growth Practice.
Sporting goods retailer MC Sports will soon be offering up its leases for bid.
Bolstered by increased order volume from the Americas and Asia, Steelcase Inc. managed to close its 2017 fiscal year on par with the previous year’s results.
Supercenter retailer Meijer Inc. will close two suburban Chicago-area stores in the coming months, according to multiple news reports.
Increasing demand for food safety and animal testing products drove sales higher for Neogen Corp.
A global consumer products company has sued Grand Rapids-based Ranir LLC, alleging the company willfully violated an earlier out-of-court settlement related to its sale of teeth whitening strips.
Here is the MiBiz Growth Report for March 20, 2017:
• M&A: Grand Rapids-based fuel distributor Crystal Flash Inc. has expanded its geographic footprint into Southeast Michigan with the acquisition of Adrian-based Lenawee Farm Bureau Oil Cooperative, which has more than 500 customers. Two employees will stay on with Crystal Flash, according to a statement. Terms of the deal, which was finalized this month, were not disclosed. Lenawee County Farm Bureau Oil Cooperative serves agricultural, commercial, construction and home heating oil customers. Grand Rapids-based Charter Capital Partners served as financial adviser to Crystal Flash on the deal. The employee-owned company employs 250 people at 15 locations in Michigan.
HOLLAND — Backed by a new $1 million round of funding, Shoulder Innovations Inc. plans to market its implant technology more aggressively to surgeons and health systems.
LAKETOWN CHARTER TOWNSHIP — Just south of Holland, voters last spring narrowly defeated a local plan to bring high-speed broadband internet service to every residential and commercial building in the township.
Roughly a year ago, Jackson-based Consumers Energy became the first major utility in Michigan to propose a statewide network of electric vehicle charging stations.
KALAMAZOO — As he focuses on preparations for the 2018 Irving S. Gilmore International Keyboard Festival, director Dan Gustin has a lot on his mind.