Andy Balaskovitz

Grand Rapids

Managing Editor at Crain’s Grand Rapids Business

Managing editor at Crain’s Grand Rapids Business, formerly @ MiBiz, Energy News Network, Lansing City Pulse. Cosmic country enthusiast

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Articles

Greenville printing facility closing, laying off 72 workers

17 hours ago | crainsgrandrapids.com | Andy Balaskovitz

A Wisconsin-based global printing and marketing services firm will close its Montcalm County printing facility as part of a companywide cost-cutting effort. The Sussex, Wis.-based Quad (NYSE: QUAD), formerly known as Quad/Graphics, will reportedly close the Greenville printing facility on May 16, resulting in 72 layoffs. Citing a company statement, the Greenville Daily News reported that work at the Greenville plant will shift to facilities in Wisconsin and Virginia.
LG to shift strategy in Holland as it moves EV battery production to Lansing

1 week ago | crainsgrandrapids.com | Andy Balaskovitz

LG Energy Solution Michigan Inc. plans to backfill electric vehicle battery production it expects to move to Lansing by manufacturing batteries for energy storage in Holland. The company confirmed the shift in strategy in Holland, where LG has undergone a massive, $2.5 billion expansion to ramp up battery production.
How shifting tariffs will 'stack' — or not — has auto suppliers at a loss

1 week ago | crainsgrandrapids.com | Advanced Manufacturing Expo |John Irwin |Andy Balaskovitz

Automotive parts suppliers are scrambling to cope with the compounding nature of President Donald Trump’s tariffs and the speed with which the new levies are coming into effect. “There are so many tariffs that suppliers are left sort of guessing what the total tariff will be when they get to the border,” said Michael Robinet, vice president of forecast strategy at S&P Global Mobility.
West Shore Bank acquires Dearborn wealth management firm

2 weeks ago | crainsgrandrapids.com | Anna Fifelski |Andy Balaskovitz

West Shore Bank, headquartered in Ludington, announced it acquired a wealth services branch of Dearborn-based Auto Club Trust, FSB on Tuesday. The all-cash transaction was effective on March 31. The companies did not share details of the transaction. The Auto Club Trust acquisition is West Shore Bank’s first step into the Southeast Michigan market.
Trump says he's pausing higher tariffs on most nations, but jacks up China's

2 weeks ago | crainsgrandrapids.com | Jordan Fabian |Andy Balaskovitz

President Donald Trump said he would pause higher reciprocal tariffs on dozens of non-retaliating countries for 90 days, while raising duties on China to 125%. Stocks surged moments after Trump’s announcement with the Dow Jones Industrial Average rising more than 5% for the day and the Nasdaq rising more than 7%. The S&P 500 Index was up about 1% for the day. It wasn’t immediately clear which nations would receive tariff relief.
Commentary: Preserving energy efficiency tax credit has myriad benefits

3 weeks ago | crainsgrandrapids.com | Andy Balaskovitz

By Mark LeeI own and operate a Southwest Michigan-based energy efficiency company with a mission to build a better world by helping homeowners and businesses lower their costs and eliminate energy waste in homes and buildings. Improvements that save energy are affordable but require investment. The days of just replacing old light bulbs with LEDs are behind us.
Julie Leonard | Women of Influence 2025

3 weeks ago | crainsgrandrapids.com | Andy Balaskovitz

President and CEO, Lake Michigan Credit UnionJulie Leonard took over as president and CEO of Michigan’s largest credit union in 2024, bringing more than 30 years of experience in the banking industry. “Every professional and personal experience in my life leading up to accepting this role with LMCU has shaped me and prepared me for this big responsibility and incredible opportunity,” Leonard said.
ADAC advances vertical integration with deal for lakeshore electronics supplier

3 weeks ago | crainsgrandrapids.com | Andy Balaskovitz

ADAC Automotive Inc. has acquired a family-owned lakeshore electronics supplier in a deal that executives say helps work toward vertical integration and contributes to an ongoing diversification strategy. Subscribe today and get access to this story and every other story we publish - online and in print
Where Palisades power plant's restart stands today

1 month ago | crainsgrandrapids.com | Andy Balaskovitz

Holtec International, which acquired the Palisades Nuclear Generating Station in Covert, Michigan, in 2022, says it remains on track for a historic reopening of the power plant by the end of 2025. While critics of the plan are calling for a more thorough environmental analysis of the restart, Holtec officials and Michigan energy regulators say the company has so far complied with the reopening process set out by the U.S. Nuclear Regulatory Commission.
Meijer opening 3 more stores in Northeast Ohio — all on the same day

1 month ago | crainsgrandrapids.com | Zachary Smith |CRAIN’S CLEVELAND BUSINESS |Andy Balaskovitz

Meijer is opening three new supercenters in Northeast Ohio, the Walker-based grocery store brand announced on March 18. This will bring the total store count to 58 in Ohio. All three will open on May 8. While specific details about these stores will be released closer to their grand openings, common features in the 159,000-square-foot supercenters include seafood and deli departments, a floral area, garden center, and apparel and home goods sections.