Displaying items by tag: Arconic Inc

Citing the effects of the nationwide COVID-19 pandemic, Howmet Aerospace Inc. recently issued a wave of layoffs at its facility in Whitehall that affected 625 of its more than 2,000 local employees.

West Michigan-based suppliers of aerospace giant Boeing Co. continue to weigh their ability to bear higher costs during the company’s temporary suspension of production. 

MUSKEGON — With a $19 million convention center underway, several projects on the waterfront, a micro hotel and some mixed-use buildings, downtown Muskegon has become an epicenter of development activity along the lakeshore. 

Michigan is the most attractive state in the Midwest for new aerospace manufacturing businesses.

Here is the MiBiz Growth Report for Aug. 6. 2018.

With the automotive industry headed for a period of plateauing sales and a potential slowdown, manufacturers could find opportunities to diversify by supplying Michigan’s aerospace sector.

Here is the MiBiz Growth Report for Jan. 22, 2018: 

• M&A: Bridgman-based Kruger Plastic Products has been acquired by Chicago-based private equity firm HC Private Investments, according to a statement. Kruger President Pat Brandstatter and VP of Engineering Dirk Kruger retained “significant stakes” in the custom injection molding company. Terms of the deal were not disclosed. Grand Rapids-based Varnum LLP served as legal counsel to Kruger, which was advised on the transaction by BlueWater Partners LLC, a Grand Rapids-based investment banking and consulting firm.