MIBiz

Chicago PE Company Acquires 3 Grand Rapids Manufacturers Amid Industry 4.0 Push

GRAND RAPIDS — Chicago-based private equity firm CORE Industrial Partners LLC has acquired three Grand Rapids businesses to form a new additive manufacturing platform. The trio of companies includes 3DXTECH LLC and Triton 3D LLC, both of which provide 3D printing filaments and filament services. CORE also acquired Gearbox 3D LLC, which offers its clients industrial grade, open-source 3D printing machines.

By |2021-10-31T10:08:26-04:00October 29th, 2021|Industry 4.0, IoT|

Experts: Few Manufacturers Paying Attention To Looming Cybersecurity Requirements

GRAND RAPIDS - Manufacturers that supply the defense industry will need to adhere to a new set of uniform cybersecurity standards in order to bid on contracts from the U.S. Department of Defense. Despite how profoundly this measure could potentially affect their operations, a large majority of West Michigan manufacturers remain indifferent to the matter,

By |2021-10-28T17:06:43-04:00October 28th, 2021|Cyber Defense, Industry 4.0|

Ford’s Outstate Expansion Plans Leaves Michigan Economic Development Leaders Alarmed

GRAND RAPIDS - A statewide organization of economic development leaders is sounding alarms following Ford Motor Co.’s recent announcement to venture outside of its home state to make a historic investment in electric vehicles. Ford announced this week that it — along with partner SK Innovation Co. — will invest $11.4 billion and create 11,000 jobs in Tennessee and

By |2021-09-30T09:40:51-04:00September 30th, 2021|Auto Tech, Clean Update, Featured|

Michigan Legislative Bills Would Create Uniform, Statewide Taxable Value For Wind Turbines

GRAND RAPIDS - Statewide legislation introduced this month hopes to resolve a years-long dispute between power providers and local governments over the taxable value of wind turbines and how much revenue is directed to local taxing units. House Bill 5326 — introduced on Sept. 22 and sponsored by state Rep. Pat Outman, R-Six Lakes — mirrors

By |2021-09-29T15:17:24-04:00September 29th, 2021|Clean Update, Climate Change, Politics/Government|

West Michigan Startup Plans Subscription-Based Home Battery, Electric Vehicle Charging System

GRAND HAVEN — A West Michigan-based startup in the early stages of raising capital wants to lower the cost of and better manage energy storage and electric vehicle charging in homes.Founded last year by Joshua Bylsma, Tradion LLC seeks to integrate recycled batteries with home electric vehicle charging stations to better manage when electricity is pulled

By |2021-09-15T20:32:52-04:00September 15th, 2021|Auto Tech, Clean Update|

Auto Suppliers Weigh Paths Forward In An Increasingly Electrified Market

TRAVERSE CITY  - Magna International Inc. CEO Seetarama Kotagiri got right to the point in discussing the implications of an increasingly electrified vehicle fleet on the global automotive supply chain. Speaking as a keynote at the Center for Automotive Research (CAR) Management Briefing Seminars last week, Kotagiri started detailing the issue almost immediately as he took

By |2021-08-16T19:45:37-04:00August 16th, 2021|Auto Tech|

Start Garden, Spartan Innovations Recommended As Next SmartZone Facilitators

GRAND RAPIDS — The city’s Local Development Finance Authority has recommended that Start Garden Inc. and Spartan Innovations L3C administer the Grand Rapids SmartZone business incubator through a collaborative approach. The LDFA on March 1 put out a request for proposals to run the business incubator, with the goal of bringing more diversity and equity among tech startups, as MiBiz previously reported.

By |2021-06-18T08:01:52-04:00June 17th, 2021|Entrepreneur Corner, Entrepreneurs|

Spectrum Health, Beaumont Health Plan Merger To Create Largest Healthcare System In Michigan

GRAND RAPIDS — Spectrum Health, which was created through a merger more than two decades ago and went on to become West Michigan’s largest health care provider, intends to merge with Southfield-based Beaumont Health. The two health systems have signed a letter of intent to “explore creating a new health system” in a blockbuster deal that would create

By |2021-06-18T08:02:35-04:00June 17th, 2021|Featured, Life Sciences|

Autocam Medical Plans $60 Million Headquarters And Production Facility In Grand Rapids Suburb

KENTWOOD - Autocam Medical Devices LLC plans to invest $60 million over the next three years to expand production capacity in West Michigan. The producer of surgical and medical components and devices expects to build a new 100,000-square-foot global headquarters and production facility at Broadmoor Avenue and 36th Street in Kentwood. Autocam Medical is working Grand

By |2021-06-09T08:44:45-04:00June 5th, 2021|Life Sciences, Life Sciences/Biotech|

Start Garden Pitch Competition Back After Year Off For COVID

GRAND RAPIDS - After taking a year off, Start Garden is bringing back a business pitch competition that awards $1,000 to 100 contestants and $20,000 to 10 finalists. The Start Garden 100 begins accepting pitches from entrepreneurs who are asked to submit a 90-second video describing their idea. Start Garden will accept entries through July 26. Judges

By |2021-05-09T18:30:45-04:00May 6th, 2021|Entrepreneur, Entrepreneurs, Featured|