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Displaying items tagged: manufacturing

Wednesday, 07 December 2022 13:00

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.

Published in Manufacturing
Wednesday, 07 December 2022 11:23

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.

Published in Manufacturing
Tuesday, 06 December 2022 17:14

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. 

Published in Manufacturing

Monday, 05 December 2022 13:28

Pfizer investing $750M to expand Portage production facility

PORTAGE — Pfizer Inc. plans to invest $750 million to expand production capacity in Portage, creating 300 jobs.

Published in Manufacturing
Monday, 05 December 2022 09:04

GRAM acquires nearby Grand Rapids property to support ongoing expansion

GRAND RAPIDS — Grand River Aseptic Manufacturing Inc. has acquired property near its Grand Rapids headquarters to support the contract manufacturer’s ongoing growth.

Published in Manufacturing
Wednesday, 30 November 2022 21:05

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. 

Published in Manufacturing

Wednesday, 30 November 2022 18:01

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.

Published in Manufacturing
Tuesday, 29 November 2022 15:33

Q&A: Amway CEO discusses path to U.S. citizenship, company growth plans

Milind Pant recently completed the next “logical step” in his experience as a global business executive when he, his wife and two sons were approved for U.S. citizenship. For the Amway Corp. CEO who grew up in the Himalayan foothills of India, that journey started about seven years while he was a Yum! Brands executive in Dallas.

Published in Manufacturing
Wednesday, 23 November 2022 12:27

GR med device startup prepares implant material for commercialization after raising $5.3M

A Grand Rapids medical device startup aims to launch into the market in early 2023 with a new material for spinal and orthopedic implants.

Published in Health Care

Sunday, 20 November 2022 18:30

Construction firms worry labor availability may disrupt major project pipeline

Ahistoric influx of federal stimulus and infrastructure funding, combined with the state’s full-court press for large battery manufacturing plants, is on a collision course with a widespread construction labor shortage.

Published in Manufacturing
Thursday, 17 November 2022 15:28

U-M economists expect auto sales to shield Michigan from mild U.S. recession in ‘23

University of Michigan economists expect the U.S. economy to move into a mild recession in the second half of 2023, as rising interest rates drag on growth.

Published in Manufacturing
Tuesday, 15 November 2022 10:09

Kentwood hot tub, spa manufacturer acquired by PE firm

KENTWOOD — West Michigan-based hot tub manufacturer Nordic Products Inc. has sold to Monomoy Capital Partners LP, a private equity firm based in Greenwich, Conn.

Published in Manufacturing

Monday, 14 November 2022 12:39

Pace Industries to close 2 Muskegon plants, lay off 244 workers

MUSKEGON — Die casting manufacturer Pace Industries LLC plans to lay off 244 workers as it closes two Muskegon plants next month.

Published in Manufacturing
Friday, 11 November 2022 16:43

Feyen Zylstra sells Industrial Tech division to automation integrator ATS Global

WALKER — What started out as a conversation between executives at Feyen Zylstra LLC and ATS Global about deepening their partnership for Industry 4.0 technologies ultimately led to the two companies striking a deal. 

Published in Manufacturing
Thursday, 10 November 2022 15:20

Kamps Inc. continues buying spree with strategic acquisition of Iowa pallet company

WALKER — Pallet solutions firm Kamps Inc. is making a strategic deal to acquire Newton, Iowa-based Realm Companies LLC to bolster its presence in the Midwest and expand its service capabilities. 

Published in Manufacturing

Wednesday, 09 November 2022 16:59

Michigan life sciences industry ranks among best in nation as employment grows

Employment in Michigan’s life sciences sector grew by 5.6 percent from 2018 to 2021 to 44,340 jobs, ranking the state among the top 15 in the nation for industry size.

Published in Health Care
Wednesday, 09 November 2022 14:11

Citing ‘tight labor market,’ state board approves more flexible hiring requirements tied to $2.25M JR Automation grant

HOLLAND — The Michigan Strategic Fund Board will give JR Automation Technologies LLC more flexibility in meeting hiring requirements tied to a $2.25 million state grant the company received in May.

Published in Manufacturing
Monday, 07 November 2022 16:14

Key metrics on West Michigan industrial activity trending downward, survey finds

Key metrics in a monthly report on West Michigan’s industrial economy trended downward last month into negative territory, reflecting a slowing economy.

Published in Manufacturing

Tuesday, 01 November 2022 17:33

Perrigo to invest $170M to acquire Gerber infant formula plant from Nestlé, make facilities improvements

GRAND RAPIDS — Perrigo Co. plc would add capacity to produce infant formula through a $170 million deal to acquire a plant in Eau Claire, Wis. along with investments in existing facilities.

Published in Manufacturing
Monday, 31 October 2022 10:38

Norton Shores aftermarket parts manufacturer AGS Co. acquires automotive hose company

NORTON SHORES — Automotive aftermarket parts manufacturer AGS Company Automotive Solutions LLC continues to build out its portfolio of products with a deal for BrakeQuip LLC. 

Published in Manufacturing
Thursday, 27 October 2022 12:04

Private equity-backed Aspen Surgical acquires Tennessee-based surgical device maker

CALEDONIA — Private equity-backed Aspen Surgical Products Inc. continues to grow by acquisition with its latest deal to bolster its portfolio with complementary surgical products. 

Published in Manufacturing

Thursday, 27 October 2022 10:48

SW Mich. automation manufacturer to add 100 jobs, expands footprint to accommodate growth

SHOREHAM — Southwest Michigan automation manufacturer Eagle Technologies Group will add 100 jobs by 2024 and is leasing additional engineering and manufacturing space near St. Joseph to accommodate recent growth.

Published in Manufacturing
Monday, 24 October 2022 16:25

Autocam Medical invests in clean energy at new Kentwood HQ

KENTWOOD — Contract medical device manufacturer Autocam Medical Devices LLC is embracing a suite of clean energy products at its new 120,000-square-foot Kentwood headquarters, including a large solar installation and energy efficiency technologies.

Published in Energy
Tuesday, 18 October 2022 16:21

Economic developers inventory top 10 large West Michigan properties to help lure projects

Three economic development organizations serving a 13-county region in West Michigan have narrowed nearly 150 properties down to 10 sites that would be suitable for potentially large industrial or advanced manufacturing projects.

Published in Economic Development

Monday, 17 October 2022 15:44

Q&A: Chicago Fed auto policy adviser discusses EV transition, incentives competition

The global transition to electric vehicles and low-carbon transportation is well underway and creating a high-stakes competition among countries, and even states, to capture the associated manufacturing jobs.

Published in Energy
Monday, 17 October 2022 10:41

PE-backed Burke Porter Group acquires San Diego-based contract manufacturer

ADA — Burke Porter Group, a producer of automated diagnostic, testing and production equipment for specialty industrial markets, has bolstered its medical and life sciences capabilities with the acquisition of a San Diego-based contract manufacturer and product design firm. 

Published in Manufacturing
Thursday, 13 October 2022 16:02

GRPS, WMU partner on manufacturing and design training certificate for high schoolers

GRAND RAPIDS — Western Michigan University and Grand Rapids Public Schools have formed a two-year dual-enrollment partnership to assist high school students interested in pursuing careers in integrated design and manufacturing. 

Published in Talent

Monday, 10 October 2022 13:41

Auxo Investment Partners sells New Orleans barge transport firm

GRAND RAPIDS — Private equity firm Auxo Investment Partners has sold a New Orleans-based barge transportation company that it acquired five years ago.

Published in Manufacturing
Sunday, 09 October 2022 18:16

KNITit opens new 3D knitting manufacturing facility in Holland

HOLLAND — Liz Hilton’s journey to launch a customized 3D knitting manufacturing business has taken her from a startup studio space in Grand Rapids to her garage and to KNITit LLC’s new headquarters at a 6,000-square-foot building in Holland.

Published in Manufacturing
Wednesday, 05 October 2022 11:17

‘HISTORY IS BEING MADE’: State board approves incentives for 2 major battery manufacturing projects

A state board has approved hundreds of millions of dollars in tax exemptions and performance-based grants to help lure two large battery manufacturing projects that promise more than 4,000 jobs and nearly $4 billion in investment.

Published in Economic Development

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