GRAND RAPIDS — Steve Heacock admits to having a level of discomfort about being the focus of the Grand Rapids Whitewater project. Heacock left his job as a senior vice president with Spectrum Health to take the position of president and CEO with the nonprofit organization earlier this month. He said everything he has done in his career has prepared him for this new role.
Ken Sikkema and three former state legislative colleagues created the Michigan Consensus Policy Project to offer solutions to pressing problems in the state in an era of what he calls “intense” political polarization. The bipartisan group’s first proposal is a 47-cent increase in the state gas tax over nine years to generate the $2.7 billion annually that’s needed to fix Michigan’s roads.
Trillium Ventures MSV LLC, a Grand Rapids-based multifamily investment and property management firm, has acquired two Kalamazoo apartment complexes.
The Republican-led state Legislature has rejected an executive order from Gov. Gretchen Whitmer that would have abolished a pair of controversial environmental review boards.
Pending finalization of the building’s purchase agreement, Gaia Cafe and the Division Avenue Arts Collective LLC have a clearer path to opening in Grand Rapids’ Creston neighborhood.
GRAND RAPIDS — Mike Hughes, founder of Doorganics LLC, heard loud and clear what his customers wanted, which has the organic grocery delivery service announcing a new partnership. Hughes and his team recently unveiled a partnership with Alan Hartline, a veteran of the grocery industry and owner of Kingma’s Market, located at 2225 Plainfield in Grand Rapids. The new alliance is designed to beef up the Doorganics product line.
Grocery chain operator and food distributor SpartanNash Co. plans to open a small-format Forest Hills Foods store in the Grand Rapids suburb of Ada.
For the first time in four years, sales for direct-selling giant Amway Corp. have grown on a year-over-year basis.
BELMONT — Filter and Coating Technology Inc., a supplier of filter and coating solutions for the automotive and industrial markets, is under new ownership.
GRAND RAPIDS — Three Grand Rapids women on a mission to “keep Creston funky” have entered into a partnership to bring back Gaia Cafe and The Division Avenue Arts Collective LLC, this time in the city’s north quarter neighborhood. The partners are under contract to purchase a vacant 4,972-square-foot building at 1553 Plainfield Ave. NE, which has commercial space on the ground floor and a two-bedroom apartment on the second level.
GRAND RAPIDS — A strip shopping center along 28th Street has new owners. Grand Central Plaza, located at 2035 28th St. in Grand Rapids, was sold to an undisclosed Michigan-based firm, according to NAI Wisinski of West Michigan.
GRAND RAPIDS — West Michigan investment banking firm Charter Capital Partners led a $18.3 million financing round in Malvern, Pa.-based Trice Medical Inc. The Series C capital round will go to expand Trice Medical’s commercialization and accelerate the development of its product portfolio.
Former Democratic legislator Dan Scripps has been appointed to the Michigan Public Service Commission, Gov. Gretchen Whitmer announced today.
The Grand Rapids Whitewater nonprofit has secured $4.4 million in new public and foundation funding for its restoration efforts of the Grand River through the city.
A co-op hopes to open a grocery store as part of a larger mixed-use project just south of downtown Grand Rapids.
After nearly a century in Michigan, Harsco Corp. plans to permanently close its only manufacturing facility in the state, starting April 1.
The state will help fund the cleanup of a contaminated former dry cleaner in Wyoming to make way for a redevelopment project.
For years, the city of Hudsonville wanted to encourage developers to create a more traditional downtown for the Ottawa County community. Officials often found themselves in a Catch 22 in trying to spur those kinds of development projects. Because the city lacked what’s traditionally classified as a downtown area, the local government was unable to seek funding incentives for developers, which in turn hindered the growth of a centralized urban area.
MUSKEGON — A deal to redevelop the former Ameribank building is making headway, but the project remains contingent on incentives from the city and the Michigan Economic Development Corp. Muskegon developer John Essex, managing partner and president of Core Development LLC, submitted a formal purchase agreement to the city prior to the Jan. 30 deadline. If the project goes ahead, it would transform a partially demolished building into a new use in the core of the city’s downtown.
At first glance, the 2019 Health Check report published by Grand Valley State University seems to suggest that medical innovation in Michigan and nationally slowed dramatically in recent years. But health care and legal experts say the medical patent numbers in the report don’t quite reflect reality. They cite an array of factors that likely drove steep declines from 2014 to 2017 in the number of medical patents issued and assigned, both nationwide and in Michigan.
Two West Michigan craft brewers operating with vastly differing business models are taking a similar approach to growing their operations by using capacity at other breweries. Both Sawyer-based Greenbush Brewing Co. and Muskegon-based Rake Beer Project LLC are taking advantage of a production model that allows them to get beer into the market without a significant upfront capital investment.
KALAMAZOO — More than 60 care providers with a Southwest Michigan medical group plan to switch from Ascension Borgess and instead affiliate with Bronson Healthcare next year. The five-year provider service agreement between Portage Physicians P.C. and Bronson takes effect July 1, 2020. The 30 doctors and 32 physician assistants and nurse practitioners who now practice at six Ascension Borgess ProMed offices in the Kalamazoo area will relocate and staff new Bronson offices.
Like more than half of Michigan’s manufacturers, business runs in the family at Grand Rapids-based Pridgeon & Clay Inc.
Despite a looming plateau in auto sales and automakers overwhelmingly betting on the same pieces of the market, savvy suppliers could still realize major opportunities in the coming years. Those opportunities come as automotive sales hit nearly 17.3 million units for 2018, with trucks and SUVs up 8 percent, accounting for around 11.8 million units. Meanwhile, passenger car sales dipped 13 percent to 5.5 million units.
With the final winter North American International Auto Show in the books, the century-old expo in Detroit and newer market-specific shows across the Midwest may start to change organically — but organizers aren’t planning on it.
The proposed $3.6 billion merger between Chemical Financial Corp. and TCF Financial Corp. would create a Midwest bank based in Michigan that’s able to compete with the largest national banks and that’s likely to pursue further acquisitions. Under the $3.6 billion all-stock deal, the Wayzata, Minn.-based TCF Financial (NYSE: TCF) would merge into the Detroit-based Chemical Financial (Nasdaq: CHFC). Once the deal closes, Chemical Bank locations would take on the TCF name.