Posted Jul 4, 2017, 1:34 PM
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somewhere in-between
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Join Date: Dec 2008
Location: The Zoo, Michigan
Posts: 3,815
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A little bit of business development news for the area, from MiBiz's Growth Report last week:
1. Stryker Continues to Grow:
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Kalamazoo-based Stryker Corp. (NYSE: SYK) plans to acquire all issued and outstanding shares in Ontario-based NOVADAQ Technologies Inc. (Nasdaq: NVDQ, TSX: NDQ) for $11.75 per share, or $701 million...NOVADAQ is a developer of fluorescence imaging technology that helps surgeons visualize blood flow in blood vessels and tissues...Stryker expects the transaction to close at the end of the third quarter.
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2. Quality Precast, Inc. Relocates and Expands:
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Quality Precast Inc., a manufacturer of manholes and retaining walls, plans to move its headquarters and build a new 25,000-square-foot production and headquarters facility in Kalamazoo County’s Alamo Township, according to a statement from Southwest Michigan First. The company, currently based in Kalamazoo, is expected to add 20 jobs with the $1.34 million expansion.
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