Grand Rapids Business News
BUSINESS NEWS
Blue Kuna Smokehouse: Renovations Enhance Dining in Plymouth
News Summary Blue Kuna Smokehouse has opened in Plymouth, offering high-quality smoked meats and scratch-made sides. Owner Randall Kuna has transformed the dining space, creating an inviting atmosphere after extensive...
Cinnaholic Brings Vegan Delights to Brighton’s Bakery Scene
News Summary Brighton residents have a new vegan bakery sensation to enjoy with the opening of Cinnaholic on November 21. Specializing in 100% plant-based cinnamon rolls and a variety of...
Historic Leland House Faces Potential Eviction Amid Financial Crisis
News Summary The iconic Leland House in Detroit is facing an uncertain future as management informs residents of an impending evacuation due to unpaid bills. With DTE Energy planning to...
Ford Unveils Renovated Headquarters Emphasizing Collaboration
News Summary Ford Motor Co. has opened its new headquarters, The Hub, in Dearborn, Michigan. Spanning 2.1 million square feet, the facility promotes collaboration, creativity, and wellness while incorporating historical...
Urgent Review of Fire Safety in Hong Kong Renovations After Tragic Blaze
News Summary A devastating fire at Wang Fuk Court in Tai Po, Hong Kong, has led to the loss of 128 lives and left over 200 residents unaccounted for. The...
Quirky Bottle House in Hazel Park Revamped for New Owners
News Summary The iconic bottle house of Hazel Park, Michigan, renowned for its unique facade crafted from over 20,000 antique glass bottles, has undergone a stunning renovation. Originally built in...
Renovations Planned for Spirit Plaza to Enhance Community Space
News Summary The Detroit City Council has approved extensive renovations for Spirit Plaza aimed at improving the venue’s functionality and aesthetics. Planned upgrades include a new covered stage, family-friendly playground,...
Trinity Health Ann Arbor to Revamp Emergency Department
News Summary Trinity Health Ann Arbor has announced plans for a $60.5 million renovation and expansion of its emergency department, which will improve patient experience and care. The project, set...
Corktown Renovation: New Stadium and Affordable Housing Plans
News Summary Corktown, Detroit, is set for a major transformation with the approval of a community benefits agreement that will facilitate the construction of the Detroit City FC’s new soccer...
Finance
First Financial Bank Awards $20,000 in Grants to Grand Rapids Organizations
News Summary First Financial Bank has granted $20,000 to local organizations in Grand Rapids, including $15,000 to Kids’ Food Basket and $5,000 to the Grand Rapids Symphony Society. This funding...
American Seating Co. Acquired by GR Seating, LLC
News Summary American Seating Co., a historic manufacturer in Grand Rapids, has been acquired by GR Seating, LLC, a joint venture between NFI Group Inc. and GILLIG LLC. This acquisition,...
Mercantile Bank Reports Strong Financial Results for Q3
News Summary Mercantile Bank Corp. (MBWM) announced a net income of $23.8 million for the third quarter, surpassing expectations with earnings per share of $1.46. The bank’s revenue reached $96...
Innovia Wealth Opens New Office in Birmingham, Michigan
News Summary Innovia Wealth has established its first office in the metro Detroit area, located in downtown Birmingham. This strategic expansion into Michigan marks Innovia’s third office, alongside locations in...
Acrisure Announces Significant Layoffs Due to AI Integration
News Summary Acrisure, a global insurance brokerage, will lay off 400 accounting positions worldwide, primarily due to the integration of artificial intelligence technology. The layoffs will predominantly affect its operations...
Wyoming City Approves Tax Break for Pinery Park Apartments Renovation
News Summary Wyoming City has approved a tax break to enhance the Pinery Park Apartments, focused on providing affordable housing for low-income residents and the elderly. This decision allows for...
Mark Bissell Transitions Leadership Role at BISSELL Inc.
News Summary Mark Bissell, after over 40 years at BISSELL Inc., is stepping down as CEO and chairman to become executive chairman. This change occurs as the company prepares for...
Grand Rapids Thrives on $1.4 Billion Powerball Jackpot
News Summary Grand Rapids is buzzing with excitement as the Powerball jackpot reaches an unprecedented $1.4 billion, the fourth largest in history. Local businesses, particularly Party World, are seeing a...
GRCC Board Approves New Faculty Contract and Policy Updates
News Summary The Grand Rapids Community College Board of Trustees held a meeting where they approved a new five-year faculty contract that includes significant salary increases. The board also revised...
CONSTRUCTION
Blue Kuna Smokehouse: Renovations Enhance Dining in Plymouth
News Summary Blue Kuna Smokehouse has opened in Plymouth, offering high-quality smoked meats and scratch-made sides. Owner Randall Kuna has transformed the dining space, creating an inviting atmosphere after extensive...
Cinnaholic Brings Vegan Delights to Brighton’s Bakery Scene
News Summary Brighton residents have a new vegan bakery sensation to enjoy with the opening of Cinnaholic on November 21. Specializing in 100% plant-based cinnamon rolls and a variety of...
Historic Leland House Faces Potential Eviction Amid Financial Crisis
News Summary The iconic Leland House in Detroit is facing an uncertain future as management informs residents of an impending evacuation due to unpaid bills. With DTE Energy planning to...
Ford Unveils Renovated Headquarters Emphasizing Collaboration
News Summary Ford Motor Co. has opened its new headquarters, The Hub, in Dearborn, Michigan. Spanning 2.1 million square feet, the facility promotes collaboration, creativity, and wellness while incorporating historical...
Urgent Review of Fire Safety in Hong Kong Renovations After Tragic Blaze
News Summary A devastating fire at Wang Fuk Court in Tai Po, Hong Kong, has led to the loss of 128 lives and left over 200 residents unaccounted for. The...
Quirky Bottle House in Hazel Park Revamped for New Owners
News Summary The iconic bottle house of Hazel Park, Michigan, renowned for its unique facade crafted from over 20,000 antique glass bottles, has undergone a stunning renovation. Originally built in...
Renovations Planned for Spirit Plaza to Enhance Community Space
News Summary The Detroit City Council has approved extensive renovations for Spirit Plaza aimed at improving the venue’s functionality and aesthetics. Planned upgrades include a new covered stage, family-friendly playground,...
Trinity Health Ann Arbor to Revamp Emergency Department
News Summary Trinity Health Ann Arbor has announced plans for a $60.5 million renovation and expansion of its emergency department, which will improve patient experience and care. The project, set...
Corktown Renovation: New Stadium and Affordable Housing Plans
News Summary Corktown, Detroit, is set for a major transformation with the approval of a community benefits agreement that will facilitate the construction of the Detroit City FC’s new soccer...
Marketing
Comcast RISE Program Offers $3 Million Grant to Small Businesses in Grand Rapids and Muskegon
News Summary Small businesses in Grand Rapids and Muskegon can apply for a grant package through the Comcast RISE program, which has allocated $3 million to support their growth. The...
Real Estate
Novi Unveils Sakura Novi: Michigan’s First Asian-Inspired Development
News Summary Novi, Michigan, proudly opens Sakura Novi, a mixed-use development that celebrates Asian culture. Featuring Sakura Gardens, a Japanese-inspired park, the project transforms a vacant site into a vibrant...
Michigan Seeks $23.6 Million from Gotion Inc. Following Plant Shutdown
News Summary Michigan is pursuing $23.6 million in incentives from Gotion Inc. after the company’s electric vehicle battery plant project near Big Rapids was abandoned. The state found Gotion in...
Gotion Inc.’s $2.36 Billion Battery Plant Project Terminated
News Summary The Michigan Economic Development Corporation has officially terminated Gotion Inc.’s planned electric vehicle battery parts plant project in Big Rapids. The project, which was to be a $2.36...
Controversy Surrounds Proposed Data Centers in Southeast Michigan
News Summary Four proposed data centers in Southeast Michigan, particularly a $1 billion project in Augusta Township, are causing budgetary and environmental concerns among local communities. While some officials support...
Proposed Data Centers Spark Debate in Southeast Michigan
News Summary Southeast Michigan is witnessing proposals for four massive data centers, challenging traditional locations for such projects. Augusta Township has approved rezoning for a Thor Equities data center, aimed...
Detroit to Develop New Multimodal Transportation Hub
News Summary Detroit is set to embark on a transformative journey with the development of a new multimodal transportation hub. Backed by a $40 million investment, this initiative aims to...
Detroit to Launch New Transit Station for Enhanced Connectivity
News Summary Detroit is set to establish a new passenger rail and intercity bus transit station, announced by Governor Gretchen Whitmer. This project aims to revitalize downtown and connect the...
Detroit Unveils $40 Million Multimodal Transit Hub Plan
News Summary Detroit has announced a $40 million investment to create a new multimodal transit hub in Corktown, potentially restoring train services at the historic Michigan Central Station. The plan,...
Saline Township Leads Opposition Against AI Data Centers
News Summary Saline Township, Michigan, is leading a movement against AI data centers amid rising energy costs and environmental concerns. The township recently rejected a 250-acre data center proposal and...