
MiBiz Staff
People in the News: Aug. 29, 2022
People in the News: A roundup of new hires, promotions and awards in West Michigan.
PE-backed FlavorSum acquires Mo. flavor maker
KALAMAZOO — Private equity-backed FlavorSum LLC, formerly known as National Flavors, has bolstered its platform with the addition of a fifth flavor manufacturer.
With new $2.9M grant, Hart to upgrade wastewater system to support food processing cluster
HART — Backed by a new federal grant, the city of Hart in Oceana County plans to upgrade its wastewater treatment infrastructure to support the lakeshore region’s growing cluster of food processing companies.
7 Michigan tribes, tribal entities receive $1M in federal workforce training funding
Seven Native American tribes and tribal entities in Michigan have received more than $1 million in U.S. Department of Labor funding to provide workforce development services to low-income adults and youth.
MiBiz on WOOD-TV8: BHSH 2022 revenues dragged down by Beaumont Health
First-half financial data for BHSH System show a nearly $100 million loss for Beaumont Health was offset by stronger performances by Spectrum Health and Priority Health in West Michigan.
Grand River Aseptic Manufacturing to help fill federal smallpox, monkeypox vaccine order
GRAND RAPIDS — Grand River Aseptic Manufacturing Inc. in Grand Rapids has signed a deal with Danish vaccine company Bavarian Nordic to fill and finish a smallpox and monkeypox vaccine.
Padnos acquires family owned recycler in Saginaw
HOLLAND — Holland-based Padnos, a fourth-generation, family owned industrial recycling and scrap management company, has expanded its geographic footprint within Michigan by acquiring B. Clinkston & Sons Inc.
MiBiz on WOOD-TV8: Zeeland facility to prepare major shipment of specialized infant formula
A Mead Johnson & Co. LLC production facility in Zeeland is set to receive more than 300,000 pounds of infant base formula to blend, package and redistribute in the coming weeks as federal officials seek to ease an ongoing supply shortage.
MiBiz Growth Report: Aug. 15, 2022
Here is the MiBiz Growth Report for August 15, 2022:
People in the News: Aug. 15, 2022
People in the News: A roundup of new hires, promotions and awards in West Michigan.
Whirlpool acquires InSinkErator in $3B all-cash deal
BENTON HARBOR — Global appliance manufacturer Whirlpool Corp. has acquired a leading manufacturer of food waste disposers and instant hot water dispensers for $3 billion.
PE-backed Heartland Home Services continues Midwest growth with latest acquisition
Heartland Home Services LLC, a private equity-backed HVAC, plumbing and electrical home service provider, has added a second Wisconsin-based firm to its portfolio of companies in recent months.
MiBiz on WOOD-TV8: New Community Transformation Fund expands to Denver
A recently formed Grand Rapids investment fund supporting entrepreneurs of color is serving as a model for a similar effort in Colorado, while fund organizers say the effort could be replicated in even more U.S. cities.
MiBiz Growth Report: Aug. 1, 2022
Here is the MiBiz Growth Report for August 1, 2022:
People in the News: Aug. 1, 2022
People in the News: A roundup of new hires, promotions and awards in West Michigan.
Restaurant service provider 86 Repairs raises $15.2M in latest funding round
86 Repairs Inc., a restaurant equipment repair and maintenance company founded in Grand Rapids, has raised $15.2 million from investors to support the company’s ongoing growth.
MiBiz on WOOD-TV8: New state laws roll back COVID-19 workplace protections
Gov. Gretchen Whitmer earlier this month signed three pieces of legislation into law that begin to roll back workplace protections for both employers and employees before eliminating them entirely by July of 2023.
American Storage & Logistics acquires two firms, plans to change name
GRAND RAPIDS — American Storage & Logistics is expanding its capabilities with acquisitions of two equipment suppliers based in the northeastern United States.
MiBiz on WOOD-TV8: Tax cut negotiations coming between Whitmer, GOP lawmakers
As Gov. Gretchen Whitmer prepares to sign off on the next state fiscal year budget, the administration and GOP-led Legislature will now shift their attention to reaching a potential compromise on tax relief for the public.
Huntington Bank names new West Michigan regional president
Huntington Bancshares Inc. has named a veteran banking executive and longtime West Michigan resident to lead its regional division.
MiBiz Growth Report: July 18, 2022
Here is the MiBiz Growth Report for July 18, 2022:
People in the News: July 18, 2022
People in the News: A roundup of new hires, promotions and awards in West Michigan.
Gordon Food Service invests in $595M food and retail VC fund
WYOMING — Food service distributor Gordon Food Service Inc. is among the returning investors in a Chicago-based venture capital fund that invests in the food and retail industries.
Meritage acquires 6 Wendy’s locations in Florida
GRAND RAPIDS — Restaurant operator Meritage Hospitality Group Inc. is expanding its holdings in Florida with a deal to acquire six Wendy’s locations in Jacksonville.
MiBiz on WOOD-TV8: Economic development, mental health funding in latest state budget deal
The recently announced state budget deal between top Republican lawmakers and Gov. Gretchen Whitmer includes hundreds of millions of dollars for economic development and mental health care projects.
Service Express acquires pair of firms as tech M&A market cools so far in 2022
GRAND RAPIDS — Third-party data center maintenance provider Service Express Inc. has acquired two companies: Middleville-based cloud hosting provider iInTheCloud LLC and Danbury, Conn.-based managed service provider iTech Solutions Group LLC.
MiBiz Growth Report: July 5, 2022
Here is the MiBiz Growth report for July 5, 2022:
People in the News: July 5, 2022
Here is the MiBiz People in the news report for July 5, 2022
UFP affiliate acquires 50% equity stake in key lumber supplier
An affiliate of Grand Rapids Township wood products manufacturer UFP Industries Inc. has acquired a 50-percent equity stake in a key supplier based in South Carolina.
MiBiz on WOOD-TV8: BHSH reinstates abortion policy following pushback, ‘extensive evaluation’
BHSH System — the company formed out of the merger of Spectrum Health and Beaumont Health — reinstated its abortion policy over the weekend after initial confusion following the U.S. Supreme Court’s overturning of Roe v. Wade.