
Articles
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1 week ago |
crainsgrandrapids.com | Sonya Hill
Revenue results for West Michigan’s largest publicly traded companies were a mixed bag in fiscal year 2024, with health care giant Stryker leading the region by total revenue, while longtime manufacturing and consumer goods firms posted declines. Portage-based Stryker reported a 10.2% revenue increase to $22.6 billion, making the medical technology company the region’s largest by revenue.
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1 month ago |
crainsgrandrapids.com | Sonya Hill
West Michigan companies once again top our list of the state’s largest family-owned businesses, which is ranked by 2024 revenue. Wyoming-based Gordon Food Service takes the No. 1 spot with $23 billion in statewide revenue, a 9.5% increase over 2023. Walker-based Meijer followed closely with $21.5 billion according to revenue from Forbes, up 2.4%. Ada-based Amway reported a 3.9% revenue decline to $7.4 billion, rounding out the top three.
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1 month ago |
crainsdetroit.com | Sonya Hill
Our latest lists spotlight the largest publicly traded companies in the Detroit area and across Michigan. Both lists reflect the continued dominance of the automotive industry. Eight of metro Detroit's top 10 companies are automotive-related, reinforcing the region’s central role in the industry. General Motors Co. led the list with $187.44 billion in 2024 revenue, a 9.1% increase that moved it ahead of Ford Motor Co., last year’s No. 1.
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2 months ago |
crainsdetroit.com | Sonya Hill
Southfield-based Real Estate One Family of Companies maintained its top position on our list of the largest residential real estate brokerages in the Detroit area, posting $5.95 billion in gross sales, up 10% from $5.41 billion in 2023. The company also leads the list in transactions and licensed brokers, with more than 2,100 licensed brokers and 16,500 residential transactions. HRC Realty of Lapeer came in second, posting $2.04 billion in gross sales.
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2 months ago |
crainsdetroit.com | Sonya Hill
Major players in the food industry made a strong showing on this year’s list of the largest family-owned businesses in Michigan, with three of the top five companies operating in that industry: Gordon Food Service, Meijer and Ilitch Holdings. Manufacturing, however, is the most prominent industry in the top 25, representing 28% of companies. Notably, the top three companies on the list are based in West Michigan.
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