Business
4 stories
- business
Muskegon's RENK America Wins $691 Million U.S. Army Contract for Military Vehicle Transmissions
Muskegon's RENK America won a five-year, $691 million U.S. Army contract to manufacture HMPT 800 transmissions for Bradley Fighting Vehicles and the new Armored Multi-Purpose Vehicle.
July 1, 2026·Michigan Capitol·3 sources - business
Ascend Wellness Closes Lansing Cannabis Facility, Lays Off 94 Workers After December Fire
Ascend Cannabis Group permanently closes its Lansing cultivation facility and lays off 94 workers following a December 25 fire. City officials say the closure reflects wider contraction in the local cannabis market.
May 15, 2026·Michigan Capitol·1 source - business
Muskegon-area metal manufacturer files for Chapter 11 bankruptcy with debts exceeding assets
Precision Manufacturing Group, a metal manufacturer near Muskegon, has filed for Chapter 11 bankruptcy with liabilities exceeding $3.5 million. The company continues to operate as it seeks reorganization.
May 12, 2026·Michigan Capitol·1 source - business
Simpatico Coffee closes one location, opens another in Holland Township
Local coffee shop Simpatico has closed one location and opened another in Holland Township, with founder Alex Fink calling the new building a love letter to the community.
May 6, 2026·Michigan Capitol·1 source