Vander Mill, Long Road Distillers partner to produce brandy, apple-based spirits
Vander Mill LLC and Long Road Distillers LLC have struck a partnership to further capitalize on the growing market for craft spirits.
Wolverine expects revenue slide to continue through 2017
Wolverine World Wide Inc. closed its fourth quarter with revenues modestly higher than expected by Wall Street analysts, while reporting full year fiscal results in-line with its previous guidance.
Spartan Motors opts out of USPS delivery vehicle prototype program
Citing financial constraints, heavy-duty vehicle manufacturer Spartan Motors Inc. has ceased its development of the next-generation delivery vehicle for the United States Postal Service.
Q&A: Bryan Nyeholt, Vice president of global product and process at Yanfeng Automotive Interiors
As the automotive industry adopts new technologies like autonomous driving, suppliers need to find opportunities to add value. For Yanfeng Automotive Interiors, that opportunity comes from flexible seating, smart surfaces and other technology, said Bryan Nyeholt, vice president of global product and process. Yanfeng, which formed in 2014 after Johnson Controls Inc. spun off the majority of its automotive interiors business to Shanghai-based Yanfeng Automotive Trim Systems Co. Ltd., manufactures a variety of interior components including instrument panels, door panels and consoles. Nyeholt is the keynote speaker for the annual Automotive Supplier Symposium, hosted by Grand Valley State University’s Van Andel Global Trade Center on March 9 at the Richard M. DeVos Center in Grand Rapids. Nyeholt spoke to MiBiz prior to the event about the benefits of the joint venture and how disruptive trends in the automotive industry are driving interior design.
WMU innovation institute bolsters product design talent pool
KALAMAZOO — Western Michigan University will launch a new product design institute to create a hub of designers in Southwest Michigan and supply local companies with talent.
New dashboard to provide accessible West Michigan data
A new dashboard unveiled today by a coalition of West Michigan economic developers and other organizations aims to increase accessibility to key data about the region.
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Micro-LAM pursues growth with $1.75 million capital raise
BATTLE CREEK — Following several years of product development and commercialization, Micro Laser Assisted Machining Technologies LLC ended its first year of sales and is gearing up for further growth now that its first year of sales is behind it.
Amway’s sales fall on softness in China, business pressures
ADA — A softening market in China led sales to dip in 2016 for Amway Corp., a trend that’s dogged the global direct-selling giant since 2014.
Unknowns cloud 2017 outlook for West Michigan office furniture makers
HOLLAND — Backed by strong growth in the European market and synergies created through its residential business unit, Haworth Inc. closed 2016 with better sales growth than the company had in the prior year.
Chilling Effect? West Michigan execs fear talent fallout over Trump’s immigration policies
Growing up in Kalamazoo, Rishi Makkar vividly recalls his father working nights mopping floors at a gas station while chairing the criminal justice department at Western Michigan University by day.
Hex Armor inks deal with German safety equipment manufacturer
Uvex Winter Holding, a safety equipment manufacturer based in Fürth, Germany, has acquired a minority stake in Grand Rapids-based Hex Armor.
New bill seeks to increase transparency among public companies, limit outsourcing
In a bid to increase transparency among consumers and government, Senate Democrats today announced a bill requiring publicly-traded companies to disclose employees by location.
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Haworth sales up 6.6% in 2016
After a year of modest sales growth, Haworth Inc. today reported annual sales of $1.94 billion for 2016.
Carbide Specialties acquired by Riverside Tool
Carbide Specialties Inc. of Grand Rapids has been acquired by an Elkhart, Ind.-based tooling company.
Amway sales dip for third consecutive year
Sales at direct-selling giant Amway Corp. slid for the third consecutive year as key international markets softened in 2016.
Companies need to adjust communications for globalized world, author says
After spending the early part of her career as a communicator with the United Nations and the U.S. Treasury Department, Kara Alaimo witnessed glaring disconnects between organizations and people communicating across different cultures. Her new book, “Pitch, Tweet, or Engage on the Street: How to practice global public relations and strategic communication,” seeks to shed some light on those differences and help people communicate more effectively. The book is built on interviews with senior communications professionals from 31 different countries and divides the globe into 10 distinct cultural units. Alaimo will visit Grand Valley State University as part of its APR Speakers Series on Feb. 13 to discuss her research and book. Alaimo spoke with MiBiz prior to the event about how businesses should prepare to communicate across borders in an increasingly globalized and hostile world.
Federal tax changes benefit craft beverage producers
Changes to the federal tax code implemented at the beginning of the year could alleviate burdensome financial and bureaucratic rules for many craft beverage makers.
Middle market firms must prioritize cybersecurity, experts say
Businesses confronted with the risk of cybersecurity attacks need to avoid falling into the mindset that “it can’t happen to us.”
Bottling equipment supplier turns tragedy into second chance for growth
PLAINWELL — Jim Turley remembers the call he received late one September night in 2014 as a moment that “altered our life.”
Auto suppliers proceed with caution amid threats to NAFTA
Following through with campaign promises, the Trump administration has set its sights on renegotiating the North American Free Trade Agreement (NAFTA).
Optimism in an changing industry: West Michigan auto dealers maintain positive outlook, despite plateauing sales forecast
Despite entering a period of plateauing vehicle sales, West Michigan car dealers remain optimistic even as they wrestle with consolidation and the need to upgrade their facilities.
Ripple Effects: West Michigan auto suppliers capitalize on push for advanced technologies
As the automotive industry pursues cutting-edge technological breakthroughs in autonomous driving and vehicle electrification, West Michigan suppliers must ensure they’re not left behind.
KL Outdoor in Muskegon sold to Florida-based PE firm
A West Michigan manufacturer of kayaks, paddleboards and other watercraft has sold to a Florida-based private equity firm.
Fourth quarter earnings flat for Whirlpool
Whirlpool Corp. ended the fourth quarter of 2016 with earnings on par with the previous year.
Gentex reports flat earnings for fourth quarter
Despite single-digit sales growth, Gentex Corp. reported flat earnings to end 2016.
Volta Power Systems eschews EVs to focus on luxury coaches, yachts
HOLLAND — While many producers of advanced electrical systems have their sights set on electric vehicles, one West Michigan manufacturer is pursuing a more underserved sector.
Tool and die makers brace for busy two years, while analysts urge restraint
The next two years are shaping up to be a busy time for tool and die makers in West Michigan and beyond.
For Middleville Tool & Die, growth comes from production, not tooling
MIDDLEVILLE — Backed by a new investment, Middleville Tool & Die Co. wants to ramp up its manufacturing capabilities that will pull it further away from its legacy business.
Chervon to move headquarters from Grand Rapids to Chicago suburb
Chervon North America will move its headquarters from downtown Grand Rapids to Naperville, Ill., a suburb outside of Chicago.
Betten-Baker acquires Grand Chrysler Dodge Jeep Ram in Lowell
Two veteran West Michigan dealership executives have acquired Grand Chrysler Dodge Jeep Ram in Lowell.