Grand Rapids Business Journal

GRBJ 6-29-15

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June 29, 2015

Volume: 26
Edition: 32
Since 1983, Grand Rapids Business Journal has been West Michigan's primary and most trusted source of local business news. The weekly print edition of the Business Journal, a must-read for the area’s top decision-makers, is known as the business newspaper of metro Grand Rapids, Holland, Muskegon and all of West Michigan.

June 29, 2015

Founders uses window of opportunity

Brewer is ready to roll after culmination of $40 million project.

June 26, 2015
Despite growing to be the 17th largest craft brewery — No. 23 overall — in the country last year, Founders Brewing Co. is about to embark on a scale that is new to the company. Read More

First & Main brings small town vibe to senior communities

The assisted living and memory care complex in Wyoming is the first of many that are planned.

June 26, 2015
An assisted living and memory care community anticipated to open this fall will not only provide clinical care, but also main street amenities and technology. Read More

Inside Track: Kelly helps underdogs to become achievers

Recognizing rock bottom propels single mom to new professional heights.

June 26, 2015
Katie Kelly had hit rock bottom. Read More

Franchise finds niche home market in WM

Builder is catering to clients who are 50-plus with new communities.

June 26, 2015
About a dozen years ago, Peter Engles was living in Columbus, Ohio, trying to find a way into the real estate market. Read More

Research center seen as catalyst

Economic impact will create ripple effect lasting for years.

June 26, 2015
As the second research center in the downtown Grand Rapids area, the impact of Michigan State University College of Human Medicine’s new facility could create a ripple effect of economic activity. Read More

Researchers digging through Michigan trash bags

They hope to get a better handle on the composition of waste and how to recycle it.

June 26, 2015
A group of researchers has been digging through trash bags across Michigan this summer in an effort to gather information about what is being thrown away. Read More

Regional airport authority OK’d by Legislature

Kent County commissioners now must work out details of the independent authority.

June 26, 2015
The proposed regional airport authority to run Gerald R. Ford International Airport is definitely moving forward, but it still has a long runway ahead. Read More

Export economic development tool is down to the wire

The deadline for reauthorization of the federal Export-Import Bank is Tuesday.

June 26, 2015
Tomorrow’s expiration of the federal Export-Import Bank’s charter — if Congress does actually let it happen — will have “an impact right here in the Grand Rapids area,” according to U.S. Sen. Gary Peters, D-Michigan. Read More

Fifth Third trims branches

Internet, mobile apps are triggering changes at banks and credit unions.

June 26, 2015
Fifth Third Bancorp in Cincinnati has announced it will move forward on its “expected” changes to its branch network — namely, the consolidation or sale of about 100 branches, as well as the sale of about 30 properties it had purchased previously for future branch expansion. Read More

Planning the Michigan marijuana industry

Three groups have competing ideas for a legal pot industry in the state.

June 26, 2015
Three organizations — only one of which is revealing its financial backers at this point — claim to be working on plans for the commercialization of fully legalized recreational marijuana in Michigan. Read More

Co-op launches crowdfunding campaign to save honeybees

Agriculture industry is suffering from unexpected loss of hives.

June 26, 2015
(As seen on WZZM TV 13) The plight of the honeybees has been gaining a lot of attention as scientists try to figure out what is behind the current trend of colony collapse disorder, which is when adult worker bees disappear from their hives leaving a queen, immature bees and honey behind. Read More

Microsoft no longer supporting Windows 2003 beginning next month

Local tech firm says businesses still using the outdated system have a couple of options.

June 26, 2015
If your business is still using Windows 2003, it’s long past time for an upgrade, and soon you’ll really have no choice. The software has simply reached the end of its lifecycle. Read More

Whirlpool and Kohler team up on zero water waste

Goal is to turn existing homes into self-sustaining systems.

June 26, 2015
Home appliance manufacturer Whirlpool Corp. has announced plans to join forces with a manufacturer of kitchen and bath products on a zero waste initiative. Read More

C.R.A.P. Store opens in Wyoming

Brothers open business featuring truckloads of overstocked and unclaimed items.

June 26, 2015
Want to buy some cheap C.R.A.P.? Read More

Joint liability found in H2A grower/contractor relationship

When there are problems, DOL frequently goes after both parties.

June 26, 2015
While working with an H2A labor contractor to obtain foreign migrant workers can be beneficial for growers in terms of easing costs and liability, it doesn’t waylay all risks for the grower, particularly if the labor contractor isn’t following all of the rules and regulations outlined by the U.S. Department of Labor. Read More

Attorney General claims Western Sky borrowers due refunds

Approximately 17,500 in Michigan borrowed from the online lender at interest as high as 300 percent.

June 26, 2015
Michigan’s Department of Insurance and Financial Services is asking the Michigan Credit Union League and other trade associations in the Michigan financial sector to help make sure their members know about refunds that may be due them from Western Sky Financial LLC. Read More

‘Payday’ loans aren’t loans under Michigan law

They are not subject to the legal limits on loan interest rates in Michigan.

June 26, 2015
The so-called payday lenders in Michigan are subject to state law and regulated by the Michigan Department of Insurance and Financial Services, but they are not subject to the legal maximum interest rates established by state law. Read More

Power of partnerships moves economic needle to unforeseen heights

June 26, 2015
Grand Rapids Business Journal opined in 2000 that Jay Van Andel’s gift of the $60 million Van Andel Institute could be considered a far-reaching legacy not just for Grand Rapids but for the state and the world. Read More

Don’t count on government for the American Dream

June 26, 2015
Although the 114th Congress is active, the looming fiscal crisis is one-half-year closer. Read More

Eyes on the road (restrictions)

June 26, 2015
You have found the perfect building for your client to own or occupy. Your client’s business depends on large trucks to carry materials to and from its site. Read More

Many savings options are available when it comes to roads

June 26, 2015
Editor: As a small business owner recently on a sales call in Battle Creek, I was amused to witness four Michigan State Police Suburbans parked outside a restaurant during the lunch hour left running while four state police officers dined on their chosen fare. Read More

Never pass up the opportunity to listen and learn

June 26, 2015
About six years ago I was diagnosed with Parkinson's disease. Read More

Becoming referable is a matter of earning, not asking

June 26, 2015
A good friend gave me a book about building your business through referrals. Read More

Enriching older adult lives through technology

Programs aim to help seniors interact, communicate and learn.

June 26, 2015
Organizations serving older adults are leveraging technology and innovative programs to change how people age and provide life-enriching experiences to seniors. Read More

Provider reduces burden of family caregiving

Studies indicate caregivers are suffering from lost productivity and wages.

June 26, 2015
As the economic impact of unpaid family caregivers increases in the United States, an in-home provider serving the Greater Grand Rapids area is looking to reduce the burden and stress of providing care to family members. Read More

Change Ups: Grant strengthens food standards

June 26, 2015
A Michigan Department of Health and Human Services $1.76 million grant that totals $440,000 a year for the next four years will be divided among six local organizations. Read More

Michigan retailers expect summer sales gains

June 26, 2015
LANSING — Michigan retailers’ summer sales forecasts remain strong despite a dip in sales in May, according to the latest Michigan Retail Index, a joint project of Michigan Retailers Association and the Federal Reserve Bank of Chicago. Read More

Public Record

June 26, 2015
June 26 — Mortgages Read More

Street Talk: A Rolls Royce of a philanthropist

Color of money.

June 26, 2015
The death of one of Grand Rapids’ patron saints of the arts is being felt throughout the community. Read More