Crain’s Grand Rapids Business

3 days ago | crainsgrandrapids.com | Kate Carlson

A Holland-based designer and builder of automation manufacturing systems again needs more space to accommodate steady growth. Koops Inc. completed a 15,000-square-foot addition to one of its facilities last month to increase manufacturing capacity, less than two years after expanding at its hub on the city’s east side. The employee-owned company plans to hire 24 full-time employees with the new production capacity.

4 days ago | crainsgrandrapids.com | Mark Sanchez

A Lansing company that produces radiopharmaceuticals used in medical diagnoses and cancer treatments plans to invest $25.8 million to expand its production. Ionetix Corp.’s expansion will create a projected 53 new jobs in the Lansing area that will pay $25 an hour to start, according to an announcement today from Gov. Gretchen Whitmer’s office. The Michigan Economic Development Corp. supported the expansion with a $750,000 performance-based Business Development Program grant. “Ionetix Corp.

4 days ago | crainsgrandrapids.com | Mark Sanchez

Federal rail regulators want more information about a Michigan short-line railroad carrier sale, citing the potential effect on competition. In a May 30 decision, the Surface Transportation Board, a federal agency in charge of economic regulation of freight rail lines, said it needed more information to decide whether Watco Holdings Inc. qualifies for an exemption to have a formal review of a deal for Owosso-based Great Lakes Central Railroad Inc.

5 days ago | crainsgrandrapids.com | Mark Sanchez

Gathering and analyzing data on how well its services work could lead the Children’s Healing Center to eventually secure reimbursement payments from health insurers. The Grand Rapids nonprofit works with children to young adults recovering from a serious illness and treatment that weakened their immune system. Children’s Healing Center has received funding from the state since 2021 for a pilot study to gauge how easing their resulting social isolation aids in recovery and healing.

5 days ago | crainsgrandrapids.com | Rachel Watson

A local affordable housing provider hopes to build a pair of homes along a desirable corridor on Grand Rapids’ east side that’s grown increasingly out of reach for lower-income and first-time buyers. Using a city grant and property that the late philanthropist Peter Wege donated 20 years ago, Dwelling Place of Grand Rapids seeks rezoning and special land use approval in support of a two-unit for-sale community land trust housing project it plans at 411 and 417 Fuller Ave.