Displaying items by tag: GE Aviation Systems LLC
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.
The aerospace industry is facing unparalleled disruption and uncertainty emerging from the continued grounding of Boeing’s 737 Max and the COVID-19 pandemic.
Powered by hundreds of highly trained volunteers, the Kent County Tax Credit Coalition helps working individuals and families in the region receive important refunds during tax season.
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.
WALKER — The federal government’s move to protect potential breaches in its supply chain is having an adverse effect for defense manufacturers in West Michigan and beyond.
Here’s the MiBiz Growth Report for Oct. 3, 2016:
• M&A: Glenmoor Village, a Battle Creek-based manufactured home community, has been acquired by Chicago-based Zeman Homes Inc., according to a statement. Zeman, one of the largest private operators of manufactured home communities, now has seven properties in Michigan, plus sites in Arizona, California, Florida, Illinois and Indiana. Terms of the deal were not disclosed. Glenmoor opened in 2002, according to a report in the Battle Creek Enquirer.
Johnson Technology Inc., a subsidiary of GE Aviation, plans to invest more than $14 million in converting an existing warehouse into a manufacturing facility for nozzles and shrouds for commercial and military jet engines.
Here is the MiBiz Growth Report for Aug. 22, 2016.
• M&A: Dublin-based Perrigo Co. plc (NYSE: PRGO), which maintains its corporate headquarters in Allegan, Mich., will acquire Geiss, Destin & Dunn Inc. (GDD) of Peachtree City, Ga., according to a statement. GDD is a small national distributor of over-the-counter health care and consumer products to non-chain retail stores and institutional markets. Perrigo expects the deal, the terms for which were not disclosed, to close by the end of the month. The deal will strengthen and diversify its U.S. retail network, “providing us direct access to the non-mass retail market,” according to CEO John Hendrickson. GDD previously distributed Perrigo’s products.