Money and memory loss: Talking with family over the holidays
The season of holiday gatherings is upon us again. This year, you may notice a parent or other family member who doesn’t seem to...
Private equity firm sells printer
A Grand Rapids private equity firm has sold a local printing company in the first exit from its Michigan-focused investment fund.
Brainerd, Minnesota-based CJK Group...
MiBiz Growth Report: Nov. 12, 2018
Here is the MiBiz Growth Report for Nov. 12, 2018.
M&A
Grand Rapids-based Proos Manufacturing Inc., a family-owned metal stamper and fabricator, has reached an agreement...
Tepid Yeti IPO gives DeVos firm cooler-than-expected payout
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...
Blackford Capital sells Dickinson Press in first exit for Michigan Prosperity Fund
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...
Credit Union Trust receives state approval
Seven credit unions have received approval from the state to form a trust.
The organizers of Credit Union Trust said this week they received approval...
Police respond to bank break-in
A 24-year-old man has been arrested after allegedly breaking into a bank in the region.
Berrien Springs-Oronoko Township police said officers arrived at about 7...
Universal Forest secures $375M credit facility
Universal Forest Products has expanded an unsecured revolving credit facility by $80 million.
Grand Rapids-based Universal Forest Products said last week it entered into a...
State regulators approve creation of Credit Union Trust
Seven credit unions in Michigan plans to open a new trust bank late in the first quarter of 2019 after receiving approval from state...
Private equity firm acquires majority stake in abrasive products supplier
An out-of-state private equity firm has acquired a majority stake in a local supplier of abrasive products for multiple industries.
Dallas-based CenterOak Partners announced this...
Region’s stocks grow 6% from Q1
Despite losses last month, West Michigan’s public companies have seen stock market returns of 6 percent in the first three quarters of 2018.
Gregg Dimkoff,...
Collaborating as advisors to help clients
Erik Schumacher, CPA, a principal at Rehmann’s Grand Rapids office, contributed to this post.
Leading a financially healthy life and ensuring funds are allocated appropriately is not...
MiBiz Growth Report: Oct. 29, 2018
Here is the MiBiz Growth Report for Oct. 29, 2018.
M&A
Grand Rapids-based Lacks Enterprises Inc., a manufacturer of composite wheel systems, trim and coatings for...
Strong economy drives deal flow, optimism for continued bullish M&A market
An already strong M&A market could get even more competitive in 2019, driven by a good U.S. economy and plenty of available capital.
That’s the...
Independent Bank posts strong earnings as commercial loan activity ramps up
GRAND RAPIDS — The spring acquisition of TCSB Bancorp Inc. in Traverse City, combined with strong loan growth, drove earnings higher for Independent Bank Corp....
Earnings soar for Macatawa Bank in third quarter
HOLLAND — Macatawa Bank Corp. grew earnings more than 40 percent in the third quarter.
The Holland-based Macatawa Bank on Thursday reported net income of...
Stryker reports higher sales in third quarter
KALAMAZOO — Stryker Corp.’s sales grew nearly 8 percent during the third quarter to $3.24 billion. The quarterly result compares to sales of $3 billion...
Study estimates marijuana as $1.4 billion industry for Michigan
Marijuana for recreational use by adults could become a $1.4 billion industry in Michigan in the years ahead.
That’s one conclusion in an economic analysis...
Tribal-owned architecture firm to expand Kalamazoo headquarters
KALAMAZOO –– A tribal-owned architecture and engineering firm in Southwest Michigan plans to relocate its headquarters to a new Kalamazoo commercial development.
Seven Generations Architecture...
ChoiceOne posts higher earnings for third quarter
SPARTA — ChoiceOne Financial Services Inc., the parent company of ChoiceOne Bank, recorded higher earnings for the third quarter.
The Sparta-based ChoiceOne (OTC: COFS) reported $2...