Family-owned HVAC distributor acquired by global manufacturer
GRAND RAPIDS — Williams Distributing Co., a Grand Rapids-based distributor of HVAC equipment and residential building products, has been acquired by a subsidiary of global manufacturer Daikin Industries Ltd.
Family-owned Hudsonville Ice Cream hires former Smucker exec as new CEO
HOLLAND — Veteran food exec Tina Floyd will join family-owned Hudsonville Creamery and Ice Cream Company LLC on Feb. 13 as its next CEO, taking over for co-owner Denny Ellens.
Family owned C-store operator Davis Oil acquired by Majors Management
BATTLE CREEK — Davis Oil Co., a convenience store operator with 21 locations in West Michigan, has sold to Lawrenceville, Ga.-based Majors Management LLC.
Eastern Kille to break ground on new Plainfield Twp. distillery, bar, restaurant
PLAINFIELD TWP. — Eastern Kille Distillery will kick off the new year with a groundbreaking ceremony for its new headquarters, distillery operations, bar and restaurant in Plainfield Charter Township.
New ventures, bankruptcies and batteries: The 10 most-read manufacturing stories of 2022
West Michigan’s manufacturing sector experienced a mix of highs and lows in 2022, as several major ventures plan to bring in billions of dollars in new investments while other companies contended with inflation, supply chain disruptions and labor availability.
Pandemic fundraising and new beginnings: The 10 most-read nonprofit stories of 2022
After nearly two years of contending with a pandemic that brought fundraising uncertainty and growing community needs, West Michigan nonprofits spent 2022 finding new ways to serve and capturing much-needed federal relief funding.
Spectrum, Beaumont integration and expansions top most-read health care stories of 2022
The blockbuster merger of Spectrum Health and Beaumont Health in February of 2022 created a monthslong process, including a couple of name changes, to merge the two large health systems.
West Michigan electric services provider sells to individual investor
CASCADE TWP. — Control Electric Inc., a residential and commercial electric services provider, was sold to an unnamed individual investor.
Housing, economic development lead most-read stories of 2022
Major housing developments that would add hundreds of much-needed units and large entertainment venues in downtown Grand Rapids were among the top 10 most-read stories by MiBiz readers in 2022.
Amerifirst Home Mortgage acquired by Ohio mortgage firm
Union Home Mortgage — a retail, wholesale and consumer-direct mortgage company based in Strongsville, Ohio — has acquired Portage-based Amerifirst Home Mortgage.
Meritage inks deal for portfolio of 43 Midwest Wendy’s stores
GRAND RAPIDS — Franchise restaurant operator Meritage Hospitality Group Inc. is expanding its portfolio of Wendy’s restaurants with a deal to acquire a group of restaurants in the Midwest.
Crain Communications acquires MiBiz, details Grand Rapids market strategy
GRAND RAPIDS — Regional business publication MiBiz will join the growing portfolio of Detroit-based Crain Communications Inc. under a new deal announced today.
2 West Michigan civil engineering firms plan merger
Holland Engineering Inc. aims to expand its offerings to municipal clients under a merger planned with another West Michigan civil engineering firm.
FireKeepers Casino names longtime tribal gaming HR exec as new CEO
BATTLE CREEK — The Nottawaseppi Huron Band of the Potawatomi has selected Frank Tecumseh to serve as its new CEO of its FireKeepers Casino Hotel enterprise.
AMI Entertainment Network acquired by Los Angeles PE firm
WYOMING — AMI Entertainment Network LLC, a provider of digital jukeboxes and other products for the restaurant and bar industry, has been acquired by a Los Angeles private equity firm.
MiBiz on WOOD-TV8: West Mich. economy regains footing after pandemic downturn
West Michigan’s economy and workforce have largely rebounded from the pandemic-induced downturn of early 2020, according to a recent report from economic development organization The Right Place Inc.
Wolverine World Wide to divest Keds brand, leathers business to cut costs
ROCKFORD — Wolverine World Wide Inc. will divest its Keds brand and Wolverine Leathers business, while also implement staff reductions, in an effort to drive cost savings in 2023.
Longtime West Michigan office furniture exec to lead Hope Network
GRAND RAPIDS — Bob Von Kaenel, a longtime executive at Kentwood Office Furniture and Herman Miller Inc., has been named the new president and CEO of nonprofit health care services provider Hope Network.
Walker automation manufacturer plans $5.7M expansion amid continued growth
WALKER — Automation solutions provider Axis Automation has announced a $5.7 million expansion in Walker that it expects could create up to 50 jobs.
PE-backed Burke Porter Group adds to life sciences portfolio with acquisition of Irish firm
ADA — Burke Porter Group is expanding its footprint to Ireland and bolstering its life sciences capabilities with the acquisition of a leading manufacturer of assembly products and storage solutions for the biomedical industry.
UFP Industries acquires Texas corrugated packaging maker, distributor
GRAND RAPIDS TWP. — Diversified construction, packaging and industrial product manufacturer UFP Industries Inc. has expanded its packaging division with the acquisition of a Texas firm.
Grand Rapids I.T. service provider sells to Indiana consulting firm
GRAND RAPIDS — Grand Rapids-based I.T. services provider Micro Visions Inc. has sold to an Indiana consulting firm in what company executives described as a “natural fit.”
MiBiz Growth Report: Dec. 5, 2022
A roundup of mergers and acquisitions, expansions and other briefs across West Michigan.
People in the news: Dec. 5, 2022
Here are the staffing announcements from the Nov. 21, 2022 print edition.
Video Q&A: Fishbeck executive discusses development outlook, growth amid challenges, DEI
Jenny Waugh, director of sales and marketing at Fishbeck, discusses the talent shortage as the biggest obstacle to growth, how the full-service construction and design firm is managing through market disruptions, and how companies can achieve more equity and gender parity within their operations.
Startup racks up investments to scale battery manufacturing at Meadowbrook plant in Holland
HOLLAND — An equity investment from United Airlines Ventures could allow a startup advanced battery company to ramp up production in Holland via a partnership with automotive battery supplier Clarios International Inc.
Cascade Engineering sells powersports division to PE-backed firm
CASCADE TWP. — Cascade Engineering Inc. has sold its powersports division to a private equity-backed firm, marking a second notable sale this year for the plastic injection molding manufacturer.
GR-based Tommy’s Boats expands in California with deal for boat dealership
GRAND RAPIDS — Tommy’s Boats LLC, a retailer of ski, wake and pontoon boats, is expanding its operations in California with the acquisition of Larson Marine Inc., a Stockton, Calif.-based watersports dealer.
MiBiz on WOOD-TV8: Ottawa Co. adopts $32.7M ARPA spending plan
Ottawa County commissioners last week signed off on a $32.7 million spending plan that will direct federal stimulus funding to two dozen local projects.
MiBiz on WOOD-TV8: Talent, inflation top concerns for West Mich. biz execs, survey finds
A survey of more than 300 West Michigan business leaders shows that talent availability and inflation are their biggest barriers to growth, while investing in automation and raising prices will be key measures to overcome risk.