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The momentum built by Gentex Corp. in the beginning of the year has continued on into the automotive supplier’s second quarter, driven primarily by sales of the company’s auto-dimming mirrors.

Stryker Corp. posted sales growth of 16.6 percent for the second quarter, although net income dipped.

Robust construction and retail markets drove sales in Universal Forest Products Inc.’s second quarter.

Construction management firm The CSM Group Inc. will be the anchor tenant in The Foundry, a new commercial office redevelopment that broke ground today on the north side of downtown Kalamazoo.

Here is the MiBiz Growth Report for July 25, 2016:

• M&A: Gun Lake Rentals LLC of Wayland was acquired by Arya and Austin Khoshnegah. Terms of the deal were not disclosed. Founded in 2003 by Alex Cazala, Gun Lake Rentals offers an array of watercraft including boats, jet-skis and kayaks. The company provides training and instruction, indoor and outdoor boat storage, winterizing, pre-season care and sells various boating accessories. Calder Capital LLC in Grand Rapids represented Gun Lake Rentals in the transaction.

BENTON HARBOR — The former president of Lake Michigan College claims she got fired last spring after just four months on the job because she found through an internal assessment that the school lacked compliance with federal rules for student aid.

KALAMAZOO — Achieving two key accreditation milestones this summer shows that the Homer Stryker M.D. School of Medicine at Western Michigan University is meeting expectations.

Amid growing demand for health care talent, the partners behind a medical assistant apprenticeship program now look to expand the model to other in-demand areas. 

The Michigan State University College of Human Medicine wants to get medical students into the real world much sooner with the launch next month of an entirely new curriculum. 

The emergence of life sciences-based higher educational institutions continues to have a discernible impact on ancillary development in urban areas across Michigan.

Drought-like conditions and damaging storms throughout June and the first half of July will likely hamper what would have been a substantial harvest for some Michigan crops this year. 

Regardless of size or resources, nonprofits must keep cybersecurity top of mind. 

GRAND RAPIDS — From an undisclosed $100 million foreign-backed fund to local real estate agents, investors of all kinds are staking their bets on the Grand Rapids housing market. 

SPARTA — Buoyed by a $20 million investment, Tesa Tape Inc. aims to transform one if its West Michigan facilities into the North American hub for adhesive tape production and development. 

The mood of the country as reflected in the major political parties suggests a sharp turn against global free trade. 

Midwest Amusement Co. has been acquired by Cincinnati-based Pioneer Vending in a deal that closed last week.

ZEELAND — A small but growing number of West Michigan manufacturers hope America’s space ambitions will take off and allow them to continue to develop a niche market.

When Deschutes Brewery founder Gary Fish launched a two-year search to locate the Oregon company’s first satellite production facility, one of his top criteria was determining whether the state and local community wanted his business.

Michigan needs to maintain a major push started a decade ago to diversify the state’s economy, according to a study that credits the effort with spurring greater innovation and entrepreneurship.

The trade group for venture capitalists in Michigan wants to form a $100 million fund to match millions in private capital with public investment. 

Propelled by further acquisitions, restaurant operator Meritage Hospitality Group Inc. saw sales continue to grow in the second quarter of 2016.

The $1.4 billion merger between Chemical Financial Corp. and Talmer Bancorp Inc. heads to probable close later this year after securing shareholder approvals from both companies.

Construction subcontracting firm Kent Companies Inc. plans to expand operations to Northern Michigan.

Michigan Gov. Rick Snyder said in a statement today that two department heads will swap roles.

The Highland Group of Grand Rapids LLC, a digital marketing firm headquartered in the Cherry Hill neighborhood, has earned certified B Corporation status, according to a statement.

The United States Environmental Protection Agency (EPA) and the Department of Justice (DOJ) today announced a combined $177 million settlement with Canadian energy company Enbridge Inc. over two 2010 oil spills, including one in southern Michigan.

As construction on Holland's new power plant nears completion, the $240 million project announced it had earned the Envision Platinum award from the Washington D.C.-based Institute for Sustainable Infrastructure (ISI).

Mercantile Bank Corp. Chairman, President and CEO Mike Price plans to retire at the start of 2017.

The city of Grand Rapids has received $500,000 in supplemental funding from the Environmental Protection Agency (EPA).

Flint Community Schools has selected a Grand Rapids-based public relations firm as its agency of record.

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