Displaying items by tag: The Right Place Inc
LANSING — The Small Business Association of Michigan wants to build on the state’s past efforts in economic development policy while also creating continuity from one governor’s administration to the next.
Amazon.com Inc. has made its first official announcement regarding the ecommerce giant’s long-planned distribution center in southeastern Kent County.
Automotive supplier Ventra Ionia Main LLC, is expanding its operations with the purchase of a 48,900-square-foot facility in Ionia, the company announced Wednesday.
HexArmor, a Grand Rapids-based personal protective equipment manufacturer, will invest $8.7 million into a Kent County facility and plans to create roughly 50 jobs over the next three years.
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.
A dairy processor plans to expand its existing facility in West Michigan.
Here is the MiBiz Growth Report for April 2, 2018.
• M&A: A subsidiary of Universal Forest Products Inc. (Nasdaq: UFPI) plans to acquire “substantially all” of the operating assets of Marietta, Ga.-based North American Container Corp., a producer of packaging products, according to a statement. The deal should close by June 1. Terms of the deal were undisclosed. The acquisition will add steel, corrugated and hardwood packaging to Universal’s lineup of industrial products. North American Container, founded in 1967, operates nine manufacturing facilities in Georgia, South Carolina, Tennessee and Wisconsin and recorded 2017 sales of about $71 million. Universal Forest Products in February reported that it generated $3.9 billion in net sales with net earnings of $119.5 million for 2017.
Michigan’s role in improving manufacturing efficiency has come a long way since the invention of the assembly line.
GAINES TOWNSHIP –– Developers representing an online retail behemoth are considering a 100-acre site in southern Kent County for a “massive” distribution facility, MiBiz has learned.