Neogen profit jumps on higher revenue, tax cut
LANSING — Neogen Corp., the Lansing biotech firm, announced net income of $17.5 million or 33 cents a share in the fourth fiscal quarter ended May 31, up 41 percent …
Kraig gets deal in Vietnam for raw material for ‘spider silk’
ANN ARBOR — Kraig Biocraft Laboratories Inc. (OTCQB: KBLB) announced an agreement between its subsidiary Prodigy Textiles Co. Ltd. and three farming cooperatives in Quang Nam province, Vietnam. Under these …
Kraig Biocraft Labs opens ‘spider silk’ plant in Vietnam
ANN ARBOR — Kraig Biocraft Laboratories Inc. (OTCQB: KBLB) announced the celebration of the grand opening of its new Prodigy Textiles plant in Quang Nam province, Vietnam. Kraig has developed …
Neogen profits rise on corporate tax cut
LANSING — The food and animal safety testing firm Neogen Corp. reported higher revenue and net income in its third fiscal quarter ended Feb. 28. Revenue was $78.1 million for …
Business expansions, community projects get state aid
LANSING — The beginning of the revitalization of the Buick City site in Flint, a community revitalization project in Lansing, support for a new dairy processing plant in Greenville, and …
Neogen reports record revenues and earnings
LANSING — Neogen Corp. (NASDAQ: NEOG) announced that its revenues for the second quarter of its 2018 fiscal year, which ended Nov. 30, rose 12 percent to $101.8 million, from …
State Aid OKd for projects creating 179 jobs
LANSING — Six business expansions and a community development project that will collectively generate more than $54 million in capital investment and create 179 jobs around the state have received …
Saginaw biotech firm expands deal with Italian pharma company
SAGINAW — Graminex LLC, the Saginaw-based producer of flower pollen extracts, announced an expansion of its partnership with IDIPharma, part of the italian firm Integratori Dietetici Italiani SRL. The company …
Bumblebee populations higher in Detroit than in some less-urbanized areas; vacant lots could be a factor
ANN ARBOR — A new study of native bumblebee populations in southeastern Michigan cities found, surprisingly, that Detroit has more of the large-bodied bees than some surrounding, less urbanized locations. …
UM Researchers: Lake Erie Pollution Targets 'Challenging' But Achievable
ANN ARBOR — Large-scale changes to agricultural practices will be required to meet the goal of reducing levels of algae-promoting phosphorus in Lake Erie by 40 percent, a new University …