Breaking News

Total Plastics Inc. (TPI) was acquired by Prophet Equity, a Dallas-based private equity firm, on March 15.

A positive North American market continued to drive sales in Herman Miller Inc.’s (NASDAQ: MLHR) third quarter.

The 1960s-era office building at 300 Ottawa Ave. NW on the north side of downtown will receive major upgrades in the coming months.

Fox Powersports LLC announced today the opening of its new 56,300-square-foot powersport superstore at 720 44th Street SW in Wyoming, according to a statement.

Lansing-based MiQuest, a business pitch competition, included 10 West Michigan companies in its 2016 50 Companies to Watch list.

As they approach retirement age, many family business owners are considering who to trust when passing on the leadership in the organizations they’ve built. 

M&A

  • Woodland Indoor Sports LLC, an entity registered to RDV Corp., the family office of Amway co-founder Richard DeVos, has acquired the Woodland Sport Center, Woodland Skating from Roger and Alyce Roodvoets. The Roodvoets started the business at 2100 28th St. SE with investors in 1969, according to a statement. Another RDV company, Michigan Sports Academies, will operate the facility, which will close for renovation on April 18. The new owners plan to add indoor basketball and volleyball courts, as well as renovate the soccer fields. Terms of the deal were not disclosed. 
  • Blu Perspective Corp. acquired Grand Rapids-based commercial cleaning company Busy Bea’s Services, according to a statement. Blu Perspective operates three businesses, Blu People, Blu Space and Blu Services, that focus on staffing, contract manufacturing and quality work, respectively. Zeeland-based Rua Associates LLC advised Busy Bea’s on the transaction. The company’s former owner was looking to exit the business and opted to sell, said Scott Jousma, director of sales and marketing development at Rua Associates.

Gov. Rick Snyder is asking state lawmakers to increase funding for the popular Skilled Trades Training Fund program as part of his budget for the 2017 fiscal year.

Priority Health posted strong earnings and membership growth in 2015 for both its commercial and Medicaid health plans. 

The budget cuts at the state’s economic development organization have forced industry executives in West Michigan to adjust their tactics. 

GRAND RAPIDS — With development transforming the west side of Grand Rapids, organizations across the city are working together to combat the displacement of existing residents and protect affordable housing. 

GRAND RAPIDS — Despite negotiating for the past seven months, Grand Rapids Symphony musicians and the organization’s management team have yet to agree to terms of a new contract.

Establishing a regulatory framework for the sale of medical marijuana could generate between $44.3 million and $63.5 million annually in tax revenue for Michigan, according to a new report. 

The environment for an entrepreneur to start and grow a business in Michigan continues to improve, although gains are slowing after a decade of significant change as other states do better as well.

Companies that have yet to offer a high-deductible health plan — at least as a benefit option — are now in the minority in America.

After operating for years in rural communities to the north, ChoiceOne Bank wants to carve out a position in downtown Grand Rapids.

GRAND RAPIDS — Backed by a recent $2 million capital raise, a startup Grand Rapids-based digital health company plans to expand its sales force and further develop its software that allows patients to receive virtual care at home. 

ADA — The future of the quaint village of Ada lies in creating a moderately dense, mixed-use downtown where residents and visitors alike can live, work, play and eat. 

ZEELAND — Manufacturers have had to get creative in balancing the dual workforce needs of attracting new talent — particularly young people — and retaining their existing workers. 

As the medical device industry continues to expand globally, the sector has entered a period of mass consolidation. 

LANSING — A Mid Michigan nanotechnology company seeks to raise $24 million through an initial public offering to fund operations as it continues to commercialize composite materials for rechargeable lithium-ion batteries and other uses.

The Michigan Economic Development Corp. plans to “re-evaluate” a gap financing mechanism that commercial real estate professionals say has played a crucial role in the redevelopment of key corridors across West Michigan. 

Despite being embroiled in an ongoing public health crisis in Flint, Gov. Rick Snyder insists that his administration remains committed to accomplishing other goals in his second and final term.

Grand Rapids-based urban development firm 616 Lofts LLC has become a certified B Corporation, according to a statement.

FirstMerit Bank branches in Grand Haven, Muskegon and Portage will close following the proposed $3.4 billion merger into Huntington Bancshares Inc.

Bonnell Aluminum plans to invest approximately $18 million in a new aluminum extrusion line at its facility in Niles over the next year, according to a statement released today.

Ford Motor Co. has tapped board member and longtime Steelcase Inc. CEO Jim Hackett to lead and launch a new mobility subsidiary.

A German auto supplier plans to pull out of Battle Creek less than two years after its project was first announced. 

As West Michigan automotive suppliers race to meet customers’ orders in what’s expected to be another banner year in 2016, those companies must also keep their eyes forward and prepare for the next downturn in the business cycle.

GRAND RAPIDS — A statute in Grand Rapids’ noise ordinance that the city used to prosecute the owners of the Tip Top Deluxe Bar & Grille was unconstitutionally vague, according to a ruling issued last week by the Michigan Court of Appeals. 

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