The federal research grants that Dr. Tom Rothstein and a colleague brought along when they came to Kalamazoo represent a milestone of sorts for the Western Michigan University Homer Stryker M.D. School of Medicine.
GRAND RAPIDS –– In considering redevelopment plans for public property at 201 Market Avenue, the city weighed drastically different options.
Stryker Corp. said it has a deal to buy Entellus Medical Inc. of Plymouth, Minn. in a transaction valued at $662 million.
Advantage Sales & Marketing LLC will invest $4.3 million to move its four local operations into one office at the former Klingman’s Furniture/Roger’s Department Store on 28th Street SW.
Retailers have started to open up shop in the new Fulton Square mixed-use development in Grand Rapids’ Fulton Heights neighborhood.
West Michigan private equity firm Auxo Investment Partners has moved into the transport business with the acquisition of a New Orleans-based barge company.
Independent Bank Corp. would extend its presence in northwestern Lower Peninsula with the proposed acquisition of TCSB Bancorp Inc. in Traverse City.
McLaren Health Care Corp. plans to develop a new $450 million, 240-bed hospital in Lansing and expand a research and education partnership with Michigan State University.
PAW PAW — A Southwest Michigan-based provider of fresh and frozen blueberries, asparagus and grapes has filed for Chapter 11 bankruptcy protection in the U.S. District Court for the Western District of Michigan.
ZEELAND — A federal judge ordered Boersen Farms Inc. to pay more than $19.5 million to a Cottonwood Heights, Utah-based firm it leased equipment from over a two-year period.
An Atlanta-based media company with significant holdings in West Michigan voluntarily filed for Chapter 11 bankruptcy earlier this week, amid an ongoing industry upheaval that’s also affecting competing operators.
Mary Free Bed Rehabilitation Hospital formed a joint venture to provide rehab care for Saginaw-based Covenant HealthCare.
Tech company ITS Partners LLC plans to invest $2.5 million in a new Kent County headquarters, resulting in 68 new positions over three years.
After months of due diligence, Inner City Christian Federation (ICCF) announced Wednesday morning that it had finalized its acquisition of 177 residential properties in the West Michigan and Lansing areas.
LITIGATION FOR BREAKFAST? Illinois distillery files trademark complaint against Grand Rapids-based Gray Skies DistilleryWritten by Joe Boomgaard
A Chicago-area maker of spirits alleges in federal court that a Grand Rapids-based distillery is infringing on its trademark with the planned launch of a new rye whiskey.
GRAND RAPIDS — A lawsuit filed by Grand Rapids-based Lambert, Edwards & Associates Inc. against a former executive has been dismissed, according to statements from both parties.
Here is the MiBiz Growth Report for Nov. 27, 2017:
• M&A: Norton Shores-based Nichols Paper and Supply Co. has acquired Indianapolis, Ind.-based Spectrum Janitorial Supply, a provider of cleaning supplies, in a move to continue expanding in the Midwest. Nichols, a distributor of janitorial cleaning supplies and shipping and packing equipment, closed on the transaction on Nov. 6, according to a statement. Terms of the deal were not disclosed. Nichols’ previous acquisitions include Professional Sanitary Supply Corp., Kellermeyer Co. and Industrial Cleaning Supply Co. The company has offices in Grand Rapids, Detroit, Holland and Traverse City in Michigan, as well as two offices in Ohio.
LANSING — Major players in Michigan’s philanthropic sector have joined forces to raise $4 million to finance a three-year campaign to ensure each state resident is counted in the 2020 Census.
Beyond angel funds and venture capital, entrepreneurs behind startup companies today have an assortment of business plan and pitch competitions to test their ideas and win funding.
DETROIT –– Just a few years ago, Doug Rothwell could look at various bits of Michigan’s economic data and see few paths that led to the state becoming a “Top 10” state.
GRAND RAPIDS — The sign in the window at 250 Monroe Avenue that reads “A new way to bank: coming soon” teases passersby of the new digital branch that Bank of America soon plans to open downtown.
GRAND RAPIDS — As consolidation among independent insurance brokers accelerates across the country, Fifth Third Bancorp Inc. is pushing deeper into the industry through acquisitions.
GRAND RAPIDS — The planned union of Mercy Health with a sister health system across the state follows the idea that bigger is better in health care.
GREENVILLE — The strategy for a Wisconsin-based milk processor that’s in talks to create a potential “dairy campus” in Greenville, Mich. is quite simple: Follow the milk.
GRAND RAPIDS — A deal to acquire a New Jersey firm positions Praxis Packaging Solutions Co. to expand on the East Coast and diversify from its stronghold with pharmaceutical customers.
Competitive forces: Despite projections for a record 2018, tool and die suppliers brace for a cyclical downturnWritten by Mitch Galloway
With 177 new vehicle launches expected by 2020, tooling suppliers like Walker Tool & Die Inc. are bracing for another busy period in what’s been a string of good years for the industry.
BYRON TOWNSHIP –– As Kent County looks to exit the landfill business by 2030, executives say West Michigan’s construction industry will need to adjust to a new model.
GRAND RAPIDS –– Partners in West Michigan’s startup ecosystem continue to explore how best to allocate resources to the region’s entrepreneurs.
GRAND RAPIDS — Grand River Aseptic Manufacturing Inc. was struggling in late 2010 when a group of West Michigan investors put up $5 million to acquire the company’s assets.
More than 130 startups sought capital this year from a state-backed fund, far exceeding expectations and serving as another example of the need for funding at the earliest stages of the capital continuum.
A psychologist from Sturgis was sentenced to 28 months in federal prison after he pleaded guilty to committing health care fraud over more than three years.
New York City private equity firm Leeds Equity Partners LLC invested in Grand Rapids-based Fusion Education Group, an operator of private middle and high schools that offer personalized education.
Perrigo Company plc (NYSE: PRGO) has completed the the sale of its Active Pharmaceutical Ingredient business, based in Israel, to New York City-based private investment firm SK Capital for $110 million. The divestiture is part of a strategic review of company assets initiated last year by CEO John Hendrickson to simplify, “focus and execute on our core businesses.”
Great Lakes Management Services Organization has acquired the Walker Surgical Center.
As the U.S. and Michigan economies remain on solid footing into 2018, economists expect growth rates for personal income in the state to move higher.
New federal legislation aims to ease the regulatory burden for startup companies in the scientific and medical research industry.
Dr. Joseph Stowell, president of Cornerstone University since 2008, announced that he will leave the position in May 2019.
Mercy Health, the West Michigan health system with operations in Grand Rapids and Muskegon, will unite with a sister health system to form a single statewide system.
An investment from a Maryland-based private equity firm will position a growing West Michigan contract pharmaceutical manufacturing firm to add needed capacity in an expanding market.
Nichols Paper and Supply Co. has acquired Indianapolis, Ind.-based Spectrum Janitorial Supply in a move to continue expanding in the Midwest.