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As president of Grand Rapids Label and chair of the Family Business Alliance, Bill Muir understands what family-owned companies are going through right now. According to Muir, manufacturers remain optimistic heading into the new year, and they’re making more investments to support their customers.

Contract manufacturer Medbio Inc. in Grand Rapids provides injection molding, assembly and packaging for medical device and biotech customers, and owns Concept Molds, a tool and die shop in Schoolcraft. The company, which employs about 190 people, is bracing for what’s expected to be a big year of growth in 2018.

Federal tax reform could act as a catalyst to fuel corporate growth in 2018 and beyond, according to John Kennedy, the president of Autocam Medical, a global contract manufacturer of orthopedic implants, spinal implants, orthopedic cutting tools and other medical device components. “This tax reform will free cash flow from the lower taxes and unlock capital held outside the U.S.,” said Kennedy, who thinks the domestic economy will grow rapidly next year at a pace it hasn’t seen in a decade. 

Brian Walker continues to believe the overall fundamentals of the economy remain strong, but the ongoing wave of nationalism and demonstrations of military might cause him some degree of concern. The president and CEO of Zeeland-based office furniture manufacturer Herman Miller Inc. (Nasdaq: MLHR) counts on free and open access for the trading of goods for his company’s continued success. Meanwhile, the continued “geopolitical noise” from external events like Brexit only creates uncertainty, he told MiBiz at the recent Business Leaders for Michigan CEO Summit in Detroit.

Warner Norcross & Judd attorney Tom Manganello understands that the automotive industry is making a push to incorporate more technology. Manganello, who represents automotive sector clients, thinks if companies are not participating in this industry-wide shift, they could be in for trouble.

Manufacturers heading into 2018 have made workplace culture a priority.

GRAND RAPIDS — After a decade of growth in manufacturing, the sector still finds itself having to defend its worth to parents and high school counsellors.

At least nine campaigns are in various stages of development to put questions before Michigan voters in 2018.

Business and local government advocates aren’t always aligned on policy issues, but both groups say 2018 will require concerted efforts to attract and retain talent in Michigan.

year ago, Gov. Rick Snyder signed a pair of comprehensive, bipartisan energy bills that expanded the state’s clean energy standards and charted a new course for how various utility programs are overseen by state regulators.

Expect the U.S. economy to maintain steady growth through 2018 with continued low unemployment, an even tighter labor market that drives up wages, higher business investment and additional increases in interest rates.

Michigan will largely follow the U.S. economy in 2018, with continued job growth and low unemployment.

When Brad Davis looks ahead to 2018, he gets very excited about the future of his company, Zeeland-based Industrial Woodworking Corp.

Charter Capital adds two partners to the business

Written by | Sunday, 03 September 2017 16:47 |

GRAND RAPIDS — In a move designed to manage growth in the business, investment banking and M&A firm Charter Capital Partners promoted two managing directors to partners.

West Michigan executives share outlook for 2017

Written by | Tuesday, 27 December 2016 13:09 |

For the annual year-end Crystal Ball edition, MiBiz asked executives from around West Michigan to share their outlooks for 2017, both for their industry and their companies.

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