Michigan economy

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Aerial view of WK Kellogg headquarters in Battle Creek, Michigan
Business News

WK Kellogg Co. Acquired by Ferrero Group for $3.1 Billion

Battle Creek, Michigan, January 22, 2026 WK Kellogg Co., the famed cereal maker from Battle Creek, Michigan, has been acquired by the Ferrero Group in a deal worth $3.1 billion. Though the sale entails a shift in ownership, WK Kellogg’s headquarters will remain in Battle Creek. The acquisition comes on the

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A diverse urban scene representing Michigan's economic sectors.
Business News

Michigan’s Economic Forecast Reveals Modest Growth Ahead

Lansing, Michigan, January 14, 2026 Michigan’s economic outlook indicates modest growth for employment and personal income by 2026. Despite rising unemployment and inflation outlooks, regions like the Upper Peninsula show promise for job growth, reflecting a mixed economic landscape influenced by global trade challenges and federal policies. Michigan’s 2026 Economic Forecast:

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Panoramic view of Grand Rapids illustrating light industrial activity
Business News

Economic Slowdown Continues in Grand Rapids

Grand Rapids, Michigan, January 13, 2026 Grand Rapids, Michigan’s economy is facing significant challenges as the region grapples with a continued economic slowdown. Key indicators such as employment intentions, production levels, and new orders remain weak. The manufacturing sector, particularly reliant on traditional industries, struggles with subdued demand and elevated unemployment.

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