Displaying items tagged: Kellogg Co
Kellogg Foundation exec sees growth opportunity under company restructuring
BATTLE CREEK — The top executive at Kellogg Co.’s largest shareholder sees opportunity for greater growth and earnings under the Battle Creek food manufacturer’s transformation into three separate publicly traded companies.
Whirlpool to divest Russian operations
BENTON HARBOR — Appliance maker Whirlpool Corp. is selling off its operations in Russia.
Kellogg to split into 3 separate companies under ‘next step’ of transformation
BATTLE CREEK — Kellogg Co. has unveiled plans to split into three independent companies and base the corporate headquarters for the largest of the three in Chicago.
Several West Michigan companies earn perfect scores for LGBTQ equality in workplace
Several large West Michigan-based companies earned a perfect score on the Human Rights Campaign Foundation’s 2022 Corporate Equality Index, a tool that scores how well businesses support LGBTQ people.
State lawmakers mull restoration of R&D tax credit
Michigan could restore a tax credit for companies that conduct research and development here, which supporters say would make the state more competitive for high-tech business investments.
Food incubators, accelerators on the rise in West Michigan
KALAMAZOO — When it first opened in 2008, the Can-Do Kitchen in Kalamazoo provided an avenue for budding food entrepreneurs to take their businesses outside of their homes and into a professional kitchen.
Union workers gain leverage in labor market altered by pandemic
Against the backdrop of several high-profile, nationwide labor disputes, many local unions are seeing an uptick in interest from independent workers.
Kellogg Co.’s $45M supply chain restructuring felt locally
BATTLE CREEK — Kellogg Co. plans to invest roughly $45 million to reorganize its North American supply chain network, a move that already has had a negative effect on workers in its hometown of Battle Creek.
6 West Michigan companies earn top grades for LGBTQ equality workplaces
GRAND RAPIDS — Six West Michigan corporations earned top scores in this year’s Corporate Equality Index rankings recently published by the Human Rights Campaign, showcasing the companies as among the best places to work for LGBTQ equality.
Discover Kalamazoo announces Jane Ghosh as new president and CEO
KALAMAZOO — Discover Kalamazoo has announced its new president and CEO on the heels of a transitional period for the organization.
Accelerator kitchen to offer food startups a place to scale up in Southwest Michigan
BATTLE CREEK — Economic development organization Battle Creek Unlimited and St. Philip Roman Catholic Church in Battle Creek have come together for a project that embraces the identity of the Cereal City.
$2.1M federal grant to fuel new food processing incubator in Battle Creek
Battle Creek Unlimited has received $2.1 million from the U.S. Economic Development Administration (EDA) to develop a food processing incubator known as the Southwest Michigan Accelerator Kitchen.
GR company broadens food processing sanitization to help stop COVID-19 spread
A Grand Rapids-based startup is applying sanitization techniques long used in the food processing industry to a broader range of facilities in an effort to stop the spread of COVID-19 in workplaces.
Kellogg to sell Keebler, other snack brands to Ferrero Group for $1.3 billion
Battle Creek-based Kellogg Co. is selling off Keebler, Famous Amos and other snack brands in a move to reshape it product portfolio.
Kellogg Co. to lay off 14 employees starting in March
Global food manufacturer Kellogg Co. will layoff 14 employees at its Battle Creek ready-to-eat-cereal plant starting March 31, according to a filing with the state this week.
MiBiz Growth Report: Oct. 16, 2017
Here is the MiBiz Growth Report for Oct. 16., 2017:
Kellogg to acquire Chicago-based RXBAR in $600 million deal
Kellogg Co. is bolstering its product portfolio with the acquisition of a protein bar manufacturer.
West Michigan manufacturers help with hurricane recovery efforts
While Houston was reeling from the effects of Hurricane Harvey, employees of Wolverine World Wide Inc. began circulating an email chain with ideas about how they could help with the recovery efforts.
Kellogg to lay off 223 workers in Battle Creek
Global food manufacturer Kellogg Co. could lay off as many as 223 workers in 2018 as part of a larger manufacturing restructuring program.
Staying the course: Manufacturers’ R&D spending expected to remain steady through 2018
West Michigan manufacturers continue to take a steady yet conservative approach to research and development spending.
Data enterprise: West Michigan grows as hub for call centers, data centers
Driven by relatively affordable real estate and a diverse workforce, the West Michigan region has become a growing hub for call centers, administrative back offices and — to a lesser extent — data centers.
Battle Creek seeks positive local momentum, despite business challenges
BATTLE CREEK — Over the last year, the Cereal City has experienced its share of bad headlines.
Kellogg to shave 250 position with latest round of job cuts
Kellogg Co. plans to shed 250 positions as part of the global cereal giant’s Project K cost-cutting initiative.
Kellogg hires away CFO from US Foods
Global food giant Kellogg Co. will be getting a new CFO next month.
Human Rights Campaign lists 5 West Michigan firms as top LGBT-inclusive workplaces
Five West Michigan companies rank among the top performing organizations in the nation for providing an inclusive environment for lesbian, gay, bisexual and transgender (LGBT) workers.
Post-Brexit, West Michigan public company stocks take a beating
Stock prices of West Michigan’s publicly traded companies tumbled on Friday as Wall Street succumbed to the uncertainty caused by the U.K.’s decision to exit the European Union.
MiBiz Growth Report: June 27, 2016
Here is the MiBiz Growth Report for June 27, 2016.
• M&A: German company Kion Group AG, an industrial truck, material handling and logistics automation equipment manufacturer, plans to acquire Dematic Corp. for approximately $2.1 billion in what executives described as a “landmark” transaction. The deal values the logistics and automation firm, whose North American operations are based in Grand Rapids, at an enterprise value of $3.25 billion, according to a joint statement. Dematic generated $1.8 billion in revenues and $166 million in adjusted earnings before interest and taxes during the calendar year 2015. Kion Group will acquire Dematic from funds managed by New York City private equity firm AEA Investors LP and the Ontario Teachers Pension Plan. The deal, which is expected to close in the fourth quarter pending regulatory approval, also carves out “certain liabilities,” according to a statement.
Kellogg launches $100 million venture capital fund
Food processing giant Kellogg Co. will launch a $100 million in-house venture capital fund.
Kalamazoo healthy snack food startup raises $500K for expansion, R&D
KALAMAZOO — Ernie Pang’s goal to produce healthier snack foods didn’t quite pan out at first.
Nonprofits move swiftly to help in wake of Kalamazoo mass shooting
KALAMAZOO — When a violent tragedy struck downtown Kalamazoo in late February, local nonprofits reacted swiftly to channel corporate and individual donations to the appropriate needs.