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The Michigan Manufacturing and Technology Association (MMTA) launched last month to help the state’s smallest manufacturers become more competitive and prosperous.
The sale comes as JSJ hones its strategy to focus on the high-growth companies within its portfolio, which includes auto supplier GHSP, label maker McLoone, engineered metal solutions provider Hudson Technologies and Sparks Belting Co. Chairman, President and CEO Nelson Jacobson spoke with MiBiz about the drivers behind the sale and how JSJ looks to invest as it begins to bring on board the fourth-generation family members of the company’s founders.
Two months after Gov. Gretchen Whitmer issued an unprecedented number of line-item vetoes to the state Legislature’s budget plan, $37.3 million for statewide workforce development programs remains unfunded.
GRAND RAPIDS — Data center equipment maintenance service provider Service Express LLC has been sold to a New York City private equity firm.
GRAND RAPIDS — A bombshell new lawsuit alleges that Grand Rapids-based Tier 1 automotive supplier Gill Corp. is demanding “ransom” from its customers as the metal stamper dissolves its operations.
The stoppage of medical device sterilization at a Grand Rapids facility by the end of the year is adding to local and national concerns about the availability of critical health care equipment.
Innovations in polymer science have produced plastics that are lighter than aluminum and relatively durable, causing manufacturers and their customers to take a new look at how to use the materials.
Mergers and acquisitions activity among plastics manufacturers has been uneven as the supply of assets shrinks, demand grows and threats to the economy build.
The desire to continue to grow and keep production in West Michigan despite a crippling labor shortage remains the principal driver for Byrne Electrical Specialists Inc.’s adoption of automation.
Gene Hawkins, vice president of engineering at ADAC, spoke with MiBiz about how the company is looking at R&D and where it sees the future of plastics in the automotive industry.
Key indexes for industrial activity across West Michigan recorded big declines for October that economist Brian Long partly attributes to the lengthy United Auto Workers strike again General Motors.
MUSKEGON — Kayak manufacturer Hemisphere Design Works is closing two factories in Muskegon, according to a notice filed with the state’s Workforce Development Agency.
A federal lawsuit claims Stryker Corp. for years used bribery “as an integral part of its world-wide marketing strategy” to sell medical products to an agency of the Mexican government that provides care to residents.
CASCADE TOWNSHIP — Automotive supplier Yanfeng US Automotive Interior Systems has entered into an agreement to sell the company’s Grand Rapids-area operations to a new automotive-focused private equity firm, MiBiz has learned.
ZEELAND — Office furniture maker Herman Miller Inc. has acquired the remaining shares of U.K.-based furniture designer and manufacturer Naughtone for $46.1 million.
GREENVILLE — Manufacturer Aquest Machining & Assembly plans to invest an estimated $1.3 million into an expansion of its current location in Greenville.
Regardless of when the historic UAW strike against General Motors Co. ultimately ends, the disruptive effect of lost production and earnings will linger, putting further strain on an industry already flagged by slowing sales and tariff disputes with China.
Most of the employees at Abcor Industries LLC, a Holland-based manufacturer of powder-coated wood products, are convicted felons. J.T. Weis, the company’s CEO and owner since 2012, said the employment of ex-offenders is part of Abcor’s triple bottom line business strategy.
GRAND RAPIDS — While state environmental regulators and a company have reached a tentative agreement to stop sterilizing medical devices at a Grand Rapids plant, officials say their work tracking a pollutant from the facility and elsewhere is far from over.
ADA — Amway Corp. and parent company Alticor Inc. recently filed a trademark infringement lawsuit against an eBay Inc. seller based in Brooklyn, N.Y.
An emphasis on shared family values and the promise of continued investment and growth made last year’s sale of privately-owned Structural Concepts Corp. to private equity firm Mason Wells a “very friendly, reasonably smooth deal all the way along.”
On top of ongoing trade disputes and the disruptive GM strike, two statistical gauges of the U.S. manufacturing industry hit new lows, leaving economists and manufacturers preparing for a meaningful economic shift from a decade of growth.
Jeff Helminski, co-founder and managing partner of Auxo Investment Partners in Grand Rapids, successfully leveraged his atypical experience and path into the world of private equity in multiple deals last year.
HOLLAND TOWNSHIP — A trio of industrial companies are planning expansions on the lakeshore in Holland Charter Township.
ZEELAND — Office furniture manufacturer Herman Miller Inc. plans to increase its ownership stake in Denmark-based Hay A/S by an additional 34 percent.
GRAND RAPIDS — Before Ron Pease became the CEO of Mister-E-Liquid LLC, a Grand Rapids-based manufacturer of e-liquid used in electronic cigarettes, he smoked a pack a day for 15 years.
CENTREVILLE — As consumer demographics shift and the economy slows, smaller products have become a big consideration for recreational vehicle manufacturer Viking Products Inc.
Steelcase Inc. and Herman Miller Inc. each recorded strong sales results for their most recent quarters.
GRAND RAPIDS — A deepening partnership with a Spain-based minority shareholder provided Founders Brewing Co. Executive Chairman John Green the perfect timing to jump back into an early-stage growth company.
CHARLOTTE — Spartan Motors Inc. continues to build its presence on the West Coast with its second acquisition of a California company in three months.
Pi Optima Manufacturing Inc., a Zeeland-based machine shop that supplies the aerospace and automotive industries, is under new ownership.
GRAND RAPIDS — The assets of Grand Rapids Hydroponics Inc. were acquired by Denver-based GrowGeneration Corp., the largest chain of specialty hydroponic and organic garden centers.
‘BACK TO THE BASICS’: Startup Cedar Run Decoy brings traditional waterfowling gear back to the marketWritten by Jessica Young
BATTLE CREEK — Cedar Run Decoy Co. LLC aims to provide hunters with new ways to get back to the basics of waterfowling.
When Grand Rapids-based Multi-Automatic Tool and Supply Co. started searching for prospective acquisitions several years ago, the move came as a reaction to many of the company’s customers buying directly from small shops.