Perrigo reports $1.25 billion loss, explores ‘strategic alternatives’ for royalty stream tied to MS drugWritten by Mark Sanchez
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.
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.
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.
A newly formed partnership will move forward on a long-planned apartment renovation project in the popular Eastown neighborhood of Grand Rapids.
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.
In concert with community: West Michigan orchestras explore new ways to make music a part of everyday lifeBy Samara Napolitan
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.
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.
GRAND RAPIDS — A recent Grand Rapids Planning Commission decision underscores its long-term development goals for the high-traffic area near the intersection of Knapp Street and East Beltline Avenue.
KALAMAZOO — Researchers at the Michigan Geological Survey hope a state grant will better position government, businesses and other stakeholders to understand the natural resources that lie under the ground.
Addressing a market vacuum: Investment firms pivot to hold companies longer, focus on legacy to court manufacturersWritten by John Wiegand
As waves of baby boomers continue to reach retirement age, many have faced the prospect of selling the manufacturing companies they’ve built over the years.
GALESBURG — After more than 50 years operating in the same building, Impact Label Corp. has relocated its headquarters from Kalamazoo to Galesburg.
When Brink Farms Inc. began construction on a rail yard off Turner Avenue in northwest Grand Rapids in 2014, the Hamilton-based bulk transportation firm hoped to alleviate capacity constraints and better serve customers shipping cargo south through the city.
At some point in the coming months, Mark Gurney and directors at Tetra Discovery Partners LLC will decide which road to travel into the future for their company.
A long vacant parking lot at the northeast corner of Wealthy Street and Fuller Avenue could see new life.
Porter Corp. has been acquired by PlayCore Holdings Inc., a Chattanooga, Tenn.-based manufacturer of playground equipment.
Automotive supplier Gestamp North America Inc. will invest $158 million to expand its manufacturing facilities in Chelsea and Mason.
Ferris Coffee & Nut Co. has acquired Kalamazoo-based Lush Gourmet Foods, a maker of flavored peanut and almonds.
Mercy Health Saint Mary’s plans to open a neurology clinic in Grand Haven to treat patients in the lakeshore area with neurological diseases, disorders and injuries.
Grand Rapids-based Meritage Hospitality Group Inc. (OTCQX: MHGU), one of the country’s largest owners and operators of Wendy’s fast food restaurants, has tapped a new line of credit to continue its expansion.