Robotics and additive manufacturing markets have entered into a new phase of growth, ripened by an era in which maintaining the status quo is no longer viable for manufacturers who struggle to secure quality labor. That’s because robotic systems are enabling manufacturers to deliver higher quality parts and maximize throughput, said Mark Ermatinger, vice president of sales at Zeeland-based Industrial Control Service Inc., who does not see the “rise” of robots stopping anytime soon.
A small private equity firm started in Southern Michigan plans to invest in a niche area most investors ignore. In targeting small manufacturers in small towns and other rural markets across the state, Parma-based Fresh Water Ventures Fund LP seeks to acquire small businesses and maintain operations in their hometowns.
M&A professionals expect the dealmaking market to remain healthy in 2019. That’s one of the conclusions from a panel of executives MiBiz assembled to talk about West Michigan’s mergers and acquisitions sector.
Mergers and acquisition activity remained strong in West Michigan through the third quarter, as many sellers opted to go to market while they can still get a good price for their businesses.
GRAND RAPIDS — Manufacturer Midway Rotary Die Solutions has sold to a West Michigan-based private equity firm.
Private equity investments in Michigan grew in 2016 with an increase in both deals and the amount of capital invested.
GRAND RAPIDS — Randy Rua left NuVescor Group LLC seven years ago to break out on his own and launch an M&A firm that focused on working with small business owners.