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.
Here is the MiBiz Growth Report for Nov. 13, 2017:
• M&A: Wabash, Ind.-based Martin Yale Industries LLC, a portfolio company of Grand Rapids-based private equity firm LV2 Equity Partners LLC, acquired Dry-Lam LLC of Shawnee, Kan., according to a statement. The transaction marked the second bolt-on acquisition for Martin Yale, a manufacturer of print finishing, office and mailroom equipment. Dry-Lam is a distributor of laminating equipment and films to the office product and commercial print finishing industries. Terms of the deal were not disclosed, but Dry-Lam’s distribution center will be relocated to Martin Yale’s Indiana facility.
GRAND RAPIDS — People at or near retirement age are increasingly looking to create a next chapter in their lives that will give them opportunities to work and make meaningful contributions.
GRAND RAPIDS — The potential reversal of the 23-year-old North American Free Trade Agreement (NAFTA) could jeopardize West Michigan farmers and food processors.
MUSKEGON — Citing the high cost of complying with public reporting requirements, Community Shores Bank Corp. plans to deregister its shares with federal securities regulators.
GRAND RAPIDS –– West Michigan leaders believe they made a compelling case for the region to serve as the home to online retail giant Amazon.com Inc.’s second headquarters.
Health insurance rates for small businesses in 2018 stand in sharp contrast to the state of the individual market in Michigan.
Many executives at companies in West Michigan’s medical device supply chain came out of the automotive industry only to find they’re facing all-too-familiar challenges in their current roles.
GRAND RAPIDS — Opened 18 months ago, Grand Valley State University’s Applied Medical Device Institute will help inventors develop and hone their ideas for medical innovations.
HOLLAND — Jim TenBrink believes he has the invention that’s going to revolutionize the way surgeons are trained in spinal procedures and how medical device companies research and test innovations.
NORTON SHORES — Manufacturer Seabrook Plastics Inc. is leveraging its investment in technology to improve process repeatability and reduce non-value added cost.
Manufacturers in West Michigan have turned to automation in recent years to get jobs done quicker and cheaper, and their investments in the technology shows no signs of slowing down.
GRAND RAPIDS — A West Michigan real estate firm has moved to settle a federal civil lawsuit alleging it engaged in racketeering and other fraudulent activities by charging higher rents at properties once intended for affordable housing.
A proposal to prohibit local units of government from banning short-term rental properties like those found through Airbnb has attracted lobbyists from both sides to the state capital in recent weeks.
Next year should usher in an even stronger M&A market across the U.S. than in 2017, with more deals occurring in the middle market and involving privately-owned companies.
MedData Inc. (NYSE: MD), a Brecksville, Ohio-based provider of technology for hospitals and healthcare systems, officially opened its new Grand Rapids-area office this week.
GRAND RAPIDS & BIG RAPIDS — For the first time in its history, Ferris State University plans to undertake a comprehensive capital campaign with the goal of raising $80 million.
Five West Michigan companies landed perfect scores on the Human Rights Campaign’s Corporate Equality Index, announced Thursday.
Despite some controversy, three millage renewals passed overwhelming in metro Grand Rapids last night, according to unofficial election results.
A portfolio company of private equity firm Blackford Capital bought its second firm in the book printing industry.
The Grand Rapids Art Museum (GRAM) has asked a judge to rule on whether a former executive who filed a lawsuit alleging the nonprofit routinely misused restricted funds can claim whistleblower status.
Environmental testing firm Kar Laboratories Inc. has been acquired by Minneapolis-based Pace Analytical Services LLC.
After a five-year tenure running Downtown Grand Rapids Inc., President and CEO Kris Larson plans to depart for a similar position in North Carolina.