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Grand Rapids regional business leaders report strong confidence in local economy; plans for expansions
The Right Place Business Development June Data

Grand Rapids regional business leaders report strong confidence in local economy; plans for expansions

As pandemic restrictions ease and businesses begin the transition to a post-pandemic mode of operation, The Right Place team met with leaders from 118 area companies in the month of June. These meetings were designed to better understand the challenges and opportunities facing our regional companies, while offering insight into the region’s overall economic health.

The Right Place assists Michigan warehouse logistics company with Walker expansion
Speedrack Rendering Web Optimized

The Right Place assists Michigan warehouse logistics company with Walker expansion

Today, The Right Place, Inc., in collaboration with the Michigan Economic Development Corporation (MEDC) and the City of Walker, announced that pallet racking and storage company, Speedrack Products Group, Ltd., will be expanding its Michigan operations to a new facility at 3060 South Industrial Drive NW in the City of Walker. In addition to a capital investment of nearly $65 million, the expansion will bring more than 160 new jobs to the area.

Global life sciences innovator investing $30M to establish headquarters along Grand Rapids’ famed Medical Mile
Doug Meijer Signage Rendering Small

Global life sciences innovator investing $30M to establish headquarters along Grand Rapids’ famed Medical Mile

Global theranostics and radiopharmacy innovator Bold Advanced Medical Future Health (BAMF) will establish its headquarters within Grand Rapids’ Medical Mile. The company expects to add over 200 life science jobs and invest $30 million in its new facility, which is expected to contain the world’s most advanced cyclotron-equipped radiopharmacy, molecular imaging clinic and theranostics clinic.

State and local collaboration brings new Perrigo North American Corporate headquarters to downtown Grand Rapids
Perrigo rendering small

State and local collaboration brings new Perrigo North American Corporate headquarters to downtown Grand Rapids

Today, The Right Place, Inc., in collaboration with the Michigan Economic Development Corporation (MEDC), Michigan State University, Rockford Construction, and the City of Grand Rapids, announced that global self-care provider, Perrigo Company plc, will establish its new North American Corporate Headquarters in downtown Grand Rapids.

Gerber Products to Expand Fremont Manufacturing Facility
Fremont Chamber background

Gerber Products to Expand Fremont Manufacturing Facility

Today, The Right Place, Inc., in collaboration with the Michigan Economic Development Corporation (MEDC), Newaygo County, and the City of Fremont, announced that Gerber Products will be investing $36 million and creating approximately 50 additional jobs.

The Right Place assists Chicago-based company with opening new location in Walker
General Truck 5

The Right Place assists Chicago-based company with opening new location in Walker

Today, The Right Place, Inc., in collaboration with the City of Walker, announced that Chicago-based General Truck Parts & Equipment will open its first operation in Michigan. The company will be located at 2686 3 Mile Road in Walker. In addition, the new operation will bring 7-10 new jobs to the area in the next three years and invest over $500,000 to launch the new operation.

The Right Place assists medical device packaging company with Kentwood expansion
Operations at Packaging Compliance Labs in Kentwood

The Right Place assists medical device packaging company with Kentwood expansion

Today, The Right Place, Inc., in collaboration with the Michigan Economic Development Corporation (MEDC), announced that medical device packaging engineering firm, Packaging Compliance Labs, LLC (PCL) will be expanding its current operations at 4334 Brockton Dr SE in Kentwood. In addition to a capital investment of $2.57 million, the company will bring 27 new jobs to the area.

Laser Access, LLC announces acquisition and $1.6M investment
Photo of Laser Access, LLC building in Walker, Michigan

Laser Access, LLC announces acquisition and $1.6M investment

Today The Right Place, Inc., in collaboration with Calder Capital, announced the new ownership and subsequent expansion of Laser Access, LLC. The company will be expanding at their Walker, Mich. facility and investing $1.6M into the location.

The Right Place and Oceana County Economic Alliance assist local fruit processor with major expansion
Peterson Farms Signage

The Right Place and Oceana County Economic Alliance assist local fruit processor with major expansion

Today The Right Place, Inc., in collaboration with the Oceana County Economic Alliance (OCEA), Michigan Economic Development Corporation (MEDC), Michigan Community Capital (MCC), and Michigan Departments of Agriculture and Rural Development (MDARD) announced that family-owned fruit processor, Peterson Farms Inc., will be expanding its operations in Shelby, Mich.

The Right Place assists fabrication and machining company with Greenville expansion
Aquest group photo

The Right Place assists fabrication and machining company with Greenville expansion

Today The Right Place, Inc., in collaboration with the Montcalm Economic Alliance (MEA), the Michigan Economic Development Corporation (MEDC) and the City of Greenville announced that full-service fabrication and machining company, Aquest Machining & Assembly (www.aquestmachining.com), a Division of FabX Industries, will be expanding its current location at 715 Callaghan St. in Greenville.

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Media Contact: Andria Romkema
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