Dollars and Sense? Municipalities wrestle with disconnect between state revenue sharing and the economyWritten by Nick Manes
As Michigan’s private sector continues to expand, municipal executives remain concerned that the state’s local units of government have limited options to share in that growth.
It’s an oft-heard line that you can be fired in Michigan just for being gay.
The Michigan State University Board of Trustees will soon decide whether to approve Norman J. Beauchamp Jr. as the new dean of the MSU College of Human Medicine, headquarted in Grand Rapids.
A developer’s proposal to build between 83 and 89 apartments on one of the Heritage Hill neighborhood’s few vacant sites may well move forward, but not without scrutiny from neighbors.
In raising an additional $4.28 million in venture capital funding, Tetra Discovery Partners LLC plans to support the ongoing clinical trials for a new drug to treat Alzheimer’s disease.
A startup biotech company that aims to counter invasive aquatic species has set up shop in the Muskegon Innovation Hub.
With $18 million in additional capital, Vestaron Corp. approaches the final leg of an 11-year journey to the marketplace.
A new report released by the Michigan Office for New Americans (MONA) purports to show the wide-ranging economic benefits contributed by immigrants in the state of Michigan.
A group of investors want to turn a vacant, former industrial site on Muskegon Lake into prime waterfront real estate with mixed-use development on site.
Grand Rapids Metrology Inc. acquired the Michigan operations of Kanawha Scales and Systems of Poca, W.Va.
Great Lakes Fasteners Corp. has been acquired by All Integrated Solutions, a Wisconsin-based distributor of fasteners and components.
U.S. LBM Holdings LLC has acquired Muskegon-based Keene Lumber Company.
A West Michigan software developer for automotive aftermarket products has been acquired by Innova Electronics Corporation of Irvine, Calif.
John Dunn will retire from his position as president of Western Michigan University on June 30, 2017.
As developers propose a new 71-unit studio apartment building on the edge of downtown Grand Rapids, Heritage Hill residents remain concerned about the added density and a lack of parking in the neighborhood.
Business owners across Michigan maintained a relatively upbeat view of the state’s economy at midyear.
Volunteer Kalamazoo is closing Aug. 1 after operating for more than 50 years.
The U.S. Department of Homeland Security has identified an unlikely threat lurking in West Michigan. At issue is Grand Armory Brewing Co.’s attempt to trademark the phrase “Coast Guard City,” which it used in the name of a signature beer brewed for the annual Grand Haven Coast Guard Festival.
A proposal to open a small grocery store in the burgeoning Heartside neighborhood of downtown Grand Rapids appears to be off the table, MiBiz has learned.
Advanced Packaging Corp. unveiled a 75,000-square-foot expansion today that coincides with the company’s 50th anniversary, according to a statement.
West Shore Medical Center in Manistee would integrate into Munson Healthcare in Traverse City under a final agreement approved this week.
ChoiceOne Financial Services Inc., the parent company for Sparta-based ChoiceOne Bank, today reported slightly higher earnings for the second quarter.
MiBiz Staff Writer John Wiegand was selected as one of 20 journalists from across the U.S. for a fellowship on agribusiness.
A California-based wood products manufacturer plans to invest $4.2 million into a new West Michigan plant.
Architecture firm Progressive AE Inc. of Grand Rapids announced this morning that it has acquired Charlotte, N.C.-based AI Design Group Inc.
The Lakes Mall in Fruitport Charter Township has been sold to new management.
Grand Rapids city commissioners laid out early plans today to begin to “push the needle” on increasing affordable housing in the city.
A busy development firm may be looking at a major new project, but much still remains unknown.
Switch Ltd.’s site in southern Kent County has been designated a Renaissance Zone after receiving approval today from directors of the Michigan Strategic Fund.
Citing decisions to restructure leasing and make tenant improvements on their own, the owners of a major Grand Rapids development today asked the state for administrative approval to amend its loan agreement.
Plans to build a reported 63-unit, mixed-use development in Grand Rapids’ West Side neighborhood moved forward today with backing from the state.
After a more than year-long dispute over revenue sharing, the Match-E-Be-Nash-She-Wish Band of Pottawatomi Indians said yesterday that it had come to a partial agreement with the state of Michigan.
Footwear and apparel marketer Wolverine World Wide Inc. reported better-than-expected result for its second quarter, although sales were down compared to last year.
Grand Rapids-based Ranir LLC, a producer of store-brand and oral-care products, acquired the Rembrandt teeth-whitening brand from Johnson & Johnson Consumer Inc.
A waste management system design unveiled in Grand Rapids this past May would enable hospitals world-wide to achieve a seemingly rare feat: saving money by embracing environmental stewardship.
Deerfield, Ill.-based pharmacy and retailer Walgreen Co. will soon open a store along Grand Rapids' Medical Mile, but don't expect to find gallons of milk, paper towel or other grocery staple items there.
The Michigan State Housing Development Authority yesterday approved funding for four West Michigan projects through the Low Income Housing Tax Credits (LIHTC) financing program.
Despite stagnate revenues, global appliance maker Whirlpool Corp. outpaced financial analysts’ expectations for its second quarter of 2016.
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.