ACT Laboratories expands into Massachusetts
LANSING–ACT Laboratories Inc., a lab testing company in the legal cannabis and hemp markets, announced an agreement to acquire CDX Analytics LLC of Massachusetts to continue its geographic expansion and …
GM to invest $7 billion in EVs in Michigan, creating 4,000 new jobs
LANSING—Officials at General Motors Co. (NYSE: GM) announced an investment of more than $7 billion in four Michigan manufacturing sites, creating 4,000 new jobs and retaining 1,000, and significantly increasing …
Lansing environmental consultant gets VC investment
LANSING—Lansing-based PM Environmental Inc. has completed an investment partnership with Keystone Capital Management, L.P., a Chicago-based private investment firm. The recapitalization occurred in early December 2021. PM is a regional …
Michigan Community College Association president retires
LANSING—Officials at the Michigan Community College Association have announced the retirement of President Michael Hansen, effective Dec. 31. They added that MCCA is presently conducting a search for a new …
Quantum computing firm names Princeton prof as CTO
LANSING—The quantum computing technology developer EeroQ announced that Princeton University electrical engineering professor Steve Lyon would serve as the company’s chief technology officer. Lyon, who will retain his duties as …
PACE financing makes closed Lansing school an energy-efficient apartment building
LANSING—An elementary school that closed in 2000 is being redeveloped into an energy-efficient multi-family housing building with the aid of Property Assessed Clean Energy (PACE) financing. The building in question, …
Lansing IT firm ASK in merger
BOSTON—Officials at Riverside Partners, a Boston-based private equity investment firm, announced today that its portfolio company, Convergence Networks / Grade A, has merged with Lansing-based Application Specialist Kompany (ASK). ASK …
East Lansing medical device investment fund in 3 deals with startups
EAST LANSING—Quantum Medical Concepts, an early-stage investment fund in health care companies established by the Michigan State Medical Society and the Lansing business advisory firm Common Wealth Enterprises, announced new …
Air Lift buys Oklahoma firm
LANSING—The air suspension products manufacturer Air Lift Co. announced the acquisition of Oklahoma-based air tank manufacturer Flo Airride Manufacturing. Flo Airride, founded in 2016 by Mike Alexander and Tim Dunaway, has a reputation …
Lansing area named No. 25 Startup City in Midwest; Ann Arbor 6th, Detroit 9th, GR 23rd, TC 34th
LANSING—The Lansing-East Lansing Metropolitan Statistical Area, which encompasses Clinton, Eaton, and Ingham counties, has been ranked No. 25 among Midwest cities on the Midwest Startup magazine’s 2020 Midwest Startup Cities …