rss icon

MATTAWAN — The proposed sale of MPI Research Inc. to Charles River Laboratories International Inc. for $800 million would end local ownership for a company that’s one of the largest employers in the greater Kalamazoo area.

Published in In the News

KALAMAZOO — After two years of looking for manufacturing companies to buy, Dave Kersjes and Steve Remstad found an opportunity in FlowTech Inc., a small producer of fluid and air filtration products.

Published in Manufacturing

LANSING — Sweeping energy policy reform that has taken nearly two years to move through the state Legislature could face a contentious debate during the remaining days of the post-election lame duck session.

Published in Economic Development
Sunday, 04 September 2016 15:18

MiBiz Growth Report: Sept. 6, 2016

Here is the MiBiz Growth Report for Sept. 6, 2016:

• M&A: Lansing-based Eckhart Inc., a portfolio company of private equity firm LFM Capital of Nashville, Tenn., acquired Auto Craft Tool & Die Inc. and 3 D Sales Inc., both of Algonac, Mich., in a deal to add more controls, robotics, and automation-based solutions and distribution capabilities. Auto Craft operates facilities in Marine City, where it makes material handling systems and specialized tooling for industrial manufacturers. The company manufactures door and instrument panel carriers and automatic guided carts. The related 3 D Sales business distributes industrial ergonomic and work cell components. The deal, the terms for which were not disclosed, was the first for Eckhart, a manufacturer of ergonomic assembly line equipment that last year joined the LFM Capital portfolio. The Nashville-based private equity firm focuses on lower middle-market manufacturers and industrial services providers with enterprise values in the $15 million to $75 million range.

Published in In the News

As the availability of venture capital increases further in Michigan, investors are steering more money and cutting more deals to invest in technology-based sectors.

Published in Finance

Working on Wall Street at JPMorgan Chase & Co., Christopher Roop was asked a few years ago by a colleague if he knew of anyone from his days at the former Bear Stearns who was still looking for work.

Published in Finance

After years of planning and preparation, Western Michigan University opens its new medical school this month, ushering in a new era for both the university and the health care and life science industries in Southwest Michigan.

Buoyed by the strength of the automotive industry, the growth of Southwest Michigan’s auto suppliers helped lead the region’s manufacturing sector to another year of job gains.
In fact, the region’s manufacturers largely grew at a rate that outpaced the statewide performance in the same period, according to the June 2014 Business Outlook report from the .W.E. Upjohn Institute for Employment Research.

Michigan’s biosciences industry outpaced the state’s economy, creating more than 2,000 new, high-paying jobs in the two-year period following the Great Recession.

Published in Health Biz

A Kalamazoo-based life science company needs to raise $7.5 million in additional capital to fund a final push to the marketplace with a new-generation blood test for men suspected of having prostate cancer.

Published in Health Biz
Page 1 of 2

Breaking News

September 2018
S M T W T F S
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

Follow MiBiz