Breaking News - MiBiz: West Michigan Business News

GRAND RAPIDS — The Gerald R. Ford International Airport said today it was adding its 27th direct flight with a new route to Sarasota-Bradenton International Airport from Allegiant Air.

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GRAND RAPIDS — EPS Security has made its second acquisition of 2018.

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Here is the MiBiz Growth Report for Nov. 12, 2018.

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GRAND RAPIDS — A lukewarm initial public stock offering by drinkware and cooler-maker Yeti Holdings Inc. spelled a smaller-than-expected payout for a prominent West Michigan family office. 

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Proponents of statewide and local ballot initiatives went four-for-four on election night, establishing a new process for drawing legislative districts, increasing access to voting and dedicating funding for early childhood development in Kent County.

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GRAND RAPIDS —  is the new owner of two more properties along the Michigan Street corridor. 

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Planning for a more electrified transportation future gained steam in Michigan this year with multiple spending plans totaling $85 million, as well as a series of in-depth policy discussions among a cross-section of stakeholders.

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While many companies adopt automation to improve factory efficiency and equipment uptime, some West Michigan-based experts warn that improperly implemented technology can cost businesses in the long run.

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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.

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CALEDONIA — As consumers’ interests shift to a more locally-focused food supply chain, companies like Revolution Farms LLC hope to change how that food is grown. 

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GRAND RAPIDS — Even when it first acquired Dickinson Press LLC more than three years ago, Blackford Capital saw Brainerd, Minn.-based CJK Group Inc. as a potential buyer.

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GRAND RAPIDS — Changes involving a pair of West Michigan commercial real estate brokerages could signal future growth opportunities for the firms, sources say. 

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Smaller public universities in Michigan will have to come up with less matching funding to secure state grants that support startup companies coming out of research labs.

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DETROIT — Meijer Inc. largely functions as a brick-and-mortar operation, but the supercenter retailer increasingly is taking cues from tech companies as it implements new ways of serving customers.

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GRAND RAPIDS — A new agreement for collaboration formalizes ties and sets the foundation for Mary Free Bed Rehabilitation Hospital and Spectrum Health to work closer together.

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GRAND RAPIDS — The psychiatric urgent care center that Pine Rest Christian Mental Health Services plans to open next spring represents the first step toward broadening access to behavioral health care across West Michigan.

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If the national numbers are any indication, employers can generally expect to pay moderately more to provide employee health coverage next year, although any increase comes on top of a cost that is already higher than ever.

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MUSKEGON — As the first phase of a $291 million expansion and renovation project at the Mercy Hospital campus begins to open, Mercy Health wants to start gathering ideas for the future of the Hackley Hospital campus a few miles away.

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People give because they believe in the mission of an organization, not because of the tax deductions they can take. 

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Foundations face a changing landscape both in how they raise money and award grants to nonprofit organizations. MiBiz recently brought together leaders from four West Michigan foundations to talk about the trends they see today. 

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Nonprofits have to compete for attention with the plethora of communications that possible donors get on a daily basis, whether in their mailboxes or on their smartphone screens. That’s causing the industry to adapt and shift in new ways to remain top of mind with their intended audiences. 

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After spending the last two years running Charlotte’s Rising Tide community economic development program, Dillon Rush hopes to bring his expertise to the Lansing and Mid-Michigan region.

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GRAND RAPIDS — A West Michigan-based energy developer is acquiring an Iowa ethanol plant from DuPont Industrial Biosciences.

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More hospitals than ever in Michigan earned a top grade in a semi-annual report card on patient safety.

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ALLEGAN — Perrigo Co. plc’s new CEO promised to return the company to “its winning ways” following a dismal quarterly earnings report.

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ZEELAND — Novo Building Products has acquired L.J. Smith Inc., a 133-year-old producer of parts for stairs that’s based in Bowerston, Ohio. 

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Seven credit unions in Michigan plans to open a new trust bank late in the first quarter of 2019 after receiving approval from state regulators.

 

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BIG RAPIDS — Ferris State University extended a fundraising campaign by three years and increased the amount it hopes to secure from donors.

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Michigan has made “dramatic” progress in better competing with other states since coming out of the Great Recession, steadily improving from near the bottom of a competitiveness index to the middle.

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Five Michigan-based businesses in the fire and safety equipment industry sold last month to St. Paul, Minn.-based Summit Companies.

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