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The developer of a proposed downtown hotel tower received approval today for state cleanup funding.

Innovative Cardiovascular Solutions LLC, the developer of a device to improve patient safety during a heart procedure, closed on $8 million in capital raised to support clinical trials and production.

Spartan Motors Inc. has acquired a Florida-based company that helps outfit vehicles with lighting, accessories and communications equipment.

McLaren Health Care broke ground Monday on a new $450 million, 240-bed hospital.

GRAND RAPIDS — Dr. Norman Beauchamp hopes a new innovation center at the Michigan State University Grand Rapids Research Center downtown will help get clinical discoveries to patients faster.

KENTWOOD — Charter Industries Extrusions LLC, a supplier of carpentry components for the furniture and casegoods industries, has been acquired by a Pittsburgh, Pa.-based private equity firm.

WALKER — A specialty chemicals company has scooped up space at a Walker-based industrial park for an eventual expansion of its West Michigan operations.

A public-private partnership approved today by the Michigan State University board of trustees will continue development of the downtown Grand Rapids Research Center campus.

GRAND RAPIDS — A contaminated former gas station property in Grand Rapids will be redeveloped after being receiving brownfield funding from the Michigan Department of Environmental Quality.

Watermark Properties announced today that it will purchase Macatawa Legends Golf Club in Holland.

Grand Rapids Community College will receive $100,000 from heavy metal band Metallica to support new programming, the school announced today.

GRAND RAPIDS — Nine proposed affordable housing projects in West Michigan have been awarded tax credits.

CALEDONIA — Three investors have put more money into Acrisure LLC, the West Michigan-based insurance brokerage that’s been growing rapidly through an aggressive acquisition strategy.

slate of lame duck legislation has the potential to stifle growth for Michigan’s $2 billion craft beer industry. 

series of bipartisan bills fast-tracked for the state Legislature’s lame-duck session would redefine the laws governing how Michigan-based alcoholic beverage producers operate. 

Amid the legislative chaos of this year’s lame-duck session in Lansing, local officials in Grand Rapids and elsewhere are concerned over revenue cuts that could impact local programming while benefiting large telecommunications and cable companies.

The city of Grand Rapids is interested in collaborating with a Lansing scientist who has developed a process that he says can destroy PFAS pollution in drinking water and wastewater, a hot-button issue locally and statewide.

GRAND HAVEN — Citing a need to look at options for future economic development and growing manufacturers, a local chamber of commerce is questioning whether its city’s municipal airport offers the best use of the land.

GRAND HAVEN — By investing in three new injection molding machines in 2018, Anderson Technologies Inc. is betting that Industry 4.0 technologies will counter the effects of a shrinking workforce locally and nationally. 

MANISTEE — A Northern Michigan-based manufacturer of electronics and electrical assemblies has been acquired by a portfolio company of New Water Capital Partners LP of Boca Raton, Fla. 

GRAND RAPIDS — Steve Weber’s purchase of Performance Die Cutting and Finishing LLC proves it’s hard to stifle the will of an entrepreneur to be his own boss. 

Business and clean energy advocates are aligned in support of state legislation that clarifies the tax-exempt status of small-scale renewable energy systems.

GRAND RAPIDS — Growth in the number of companies outsourcing their information technology management led US Signal Co. LLC to plan the development of a new data center outside of Detroit.

Culture trumps salary in the race for talent nowadays. That’s the shift Dave Smith has seen the last few years among employers in West Michigan as unemployment rates steadily declined and the labor market tightened.

MUSKEGON — By forming academic partnerships for a new medical clinic in Muskegon, Mercy Health aims to extend primary care where it’s needed and to create a talent pipeline of future health care workers.

With vacancy rates across all commercial real estate sectors at near record lows in West Michigan, industry executives say buyers have increasingly turned their attention to vacant land.

Stakeholders in West Michigan’s commercial real estate, architecture and construction industries are coming off another big year for development and see few signs that indicate a significant slowdown in 2019. 

WALKER — Falk North America Inc. is the latest company to plan a move into WalkerView Industrial Park. 

GRAND RAPIDS — Five distinct areas of Grand Rapids’ southside likely will soon have an Area Specific Plan (ASP) to help guide development. 

GRANDVILLE — A 20-year-old mall in southwestern Kent County could potentially turn into a mixed-use “mini-city,” or be repositioned for a sale.

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