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Tag: Boyne City

Solar Power / Utilities

Wolverine Power Co-op in deal for 150-megawatt solar array

BOISE, Idaho—Officials of the Idaho-based solar farm developer Clēnera LLC and Cadillac-based Wolverine Power Cooperative announced a 20-year power purchase agreement (PPA) between Wolverine and Clēnera’s affiliate, Gemstone Solar LLC. …

Recycling

Boyne City firm builds new metal recycling test center

BOYNE CITY—Industrial Magnetics Inc. announced the construction of a new, 6,000-square-foot application testing center for customers who are interested in the recovery or separation of ferrous and non-ferrous metals in …

Magnetics / Manufacturing

Industrial Magnetics rolls out improved magnetic separator

BOYNE CITY—Industrial Magnetics Inc. announced an improvement of the holding strength of its Rare Earth Bullet Magnet separator, designed to capture ferrous metal contaminants in powder and bulk, pneumatic-line processing …

Manufacturing / Recycling

Boyne City firm rolls out magnetic separator for metals recycling

BOYNE CITY—Officials at Boyne City-based Industrial Magnetics Inc. announced that the firm’s employees have designed a dual-drum magnetic separator to meet the high purity level demands of a customer’s mixed-metals …

Economic Development / Manufacturing / Real Estate

Four business, community projects get state aid

LANSING—Four projects expected to generate a total investment of $6.6 million and create 36 jobs in Michigan have received support from the Michigan Strategic Fund, the Michigan Economic Development Corp. …

Magnetics / Recycling

Boyne City firm offers new product for recycling steel

BOYNE CITY – Industrial Magnetics Inc. announced that it now offering a magnetic separation pulley and conveyor system for the automated separation of weakly magnetic stainless steel from a waste …

Acquisitions / Manufacturing / Material Handling

Chicago Capital Firm Buys Michigan Manufacturer

CHICAGO — Chicago-based DNS Capital announced the acquisition of Boyne City-based IMI Holding Corp. from the Chattanooga, Tenn. private equity firm River Associates Investments LLC. Terms of the transaction were …

Economic Development

State OKs GM Tax Break Changes, Biz Aid, Incubator RFP

LANSING — At its final meeting of 2015, the Michigan Strategic Fund board approved an undisclosed cap on tax credits owed to General Motors, as well as , several business …

Economic Development / Finance / Manufacturing

Two Companies Expanding In Michigan, Adding 90 Jobs

LANSING — The Michigan Economic Development Corp. Wednesday announced state aid two a business expansion project and a community development project that will generate $15.1 million in investment and create …

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