Business News

Business After Hours is Wednesday

ESCANABA — Business After Hours will be held Wednesday, Sept. 27, from 5 to 7 p.m. at the OSF HealthCare St. Francis Hospital and Medical Group new Gladstone Medical Office Building, located at 145 4th Ave. N.E. (across from Gladstone Public Safety). “Join us in touring this new health ...

Epidemic at work?: Businesses forced to deal with drug abuse

By Joyce M. Rosenberg AP Business Writer NEW YORK (AP) — After a troubled youth himself, Phillip Cohen made it a practice to hire people at his woodworking business who have also struggled with addiction and mental health issues. But when an employee died from a drug overdose, he adopted a ...

Market powers US wealth to $96.2 trillion

WASHINGTON (AP) — A healthy gain in the stock market and steadily increasing home prices boosted Americans’ household wealth this spring, a trend that likely adds to the nation’s inequality. The Federal Reserve said that Americans’ net worth rose 1.8 percent to $96.2 trillion in the ...

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McCormick named mBank senior VP

MANISTIQUE — mBank announces the recent hiring of Erin McCormick as senior vice president, branch administration and sales officer, whose primary office will be located in Eagle River, Wis. McCormick will oversee the sales growth and administration of all 23 mBank Branch locations to foster ...

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Jody Bugay, center, owner of Dress Up in downtown Escanaba, cuts the ribbon during the store’s grand opening recently.

Dress Up marks grand opening in Esky

ESCANABA — The grand opening of Dress Up, 1206 Ludington St., formerly known as Beautiful Beginnings, was held recently. Jody Bugay purchased Beautiful Beginnings from creator Luann Lindquist in 1993 and moved the shop inventory to downtown Escanaba. With over two decades of dressing up ...

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Northern Initiatives made its 1,000th loan recently. Receiving the loan was Drone Services, LLC, based in Kalkaska, Mich. Shown, from left, are: Northern Initiatives lender Lucy Hoste McCraven and Drone Services LLC owners, Barb and John Hulwick.

Northern Initiatives makes its 1,000th loan

MARQUETTE — Northern Initiatives’ closed its 1000th loan. This mission based small business lender was founded by Northern Michigan University in 1992 and began small business lending in 1994, with the aim of building more diverse and resilient rural communities. Reaching this level of loan ...

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McDonald’s marks grand re-opening

Jordan Beck | Daily Press The McDonald’s restaurant in Escanaba celebrated its grand re-opening with a ribbon-cutting ceremony Thursday morning. Above, Tim and Cathy Wilson, co-owners of the Escanaba restaurant, cut the ribbon while McDonald’s employees and members of the Ambassadors of ...

Range Bank plans leadership transition

MARQUETTE — Kenneth A. Palmer, the longtime chairman, president and CEO of Range Financial Corp. has announced he will retire on June 1, 2018. He will be succeeded by Roxanne M. Daust, who has served Range Bank in several leadership roles over the past two decades. The Range Financial Board ...

Disasters hit small businesses hard

By Joyce M. Rosenberg AP Business Writer NEW YORK (AP) — After Hurricane Katrina hit New Orleans in 2005, an antique store needed more than six years to fully recover. A Long Island restaurateur couldn’t reopen one of his locations for a year and a half after Superstorm Sandy struck in ...

TEAM Wireless to acquire Wireless Mike’s

ESCANABA — Locally owned TEAM Wireless, Verizon Authorized Retailer, will be acquiring Wireless Mike’s, Verizon Authorized Retailer of Mattoon, Ill., effective Sept. 1. Wireless Mike’s independently owns and operates 11 retail locations throughout Central Illinois. “The company ...

Cosmetology school changes ownership

ESCANABA — What was formally known as Paul Mitchell the School - Escanaba has changed ownership and is now PM School - Cosmetology, Arts and Science. The school is located at 1625 Sheridan Road. PM School offers a full cosmetology, nail technician and cosmetology instructor programs ...

Businesses need succession plans

By Joyce M. Rosenberg AP Business Writer NEW YORK (AP) — Jessica Sayles is thinking about who might take over for her when she retires at age 55 from the accounting firm where she is managing partner — even though that’s still 21 years away. “I feel that a good portion of my job is ...

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Sanja Roberts recently opened Hiawatha’s Restaurant. The restaurant serves breakfast, lunch and dinner and is open seven days a week.

Hiawatha’s Restaurant now open

RAPID RIVER — Hiawatha’s Restaurant has opened for business in Rapid River at 9911 U.S. 2. The business opened Aug. 1 and serves breakfast, lunch, dinner and baked goods, according to owner Sanja Roberts. The restaurant also features breakfast pizza, pizza slices, breakfast sandwiches, a ...

CUPPAD offers business workshops

ESCANABA — With funding from the Regional Prosperity Initiative, the Central Upper Peninsula Planning and Development Regional Commission (CUPPAD) will be offering various workshops in the coming months: Energy Efficiency Education for small business and agricultural producers, and Website ...

mBank donates computers to school

MANISTIQUE – Computers were recently donated to St. Francis de Sales School by mBank in Manistique. These computers will support classroom instruction well into the future. Don Erickson, principal at St. Francis expressed his gratitude for the donation. “I cannot thank Kelly (George) ...

First Bank Upper Michigan merger set

ESCANABA — The directors of First Bancshares Corporation (First Bancshares), the parent company of First Bank Upper Michigan (First Bank) and Northern Michigan Bank and Trust (NMB&T) announced that an application has been filed with the appropriate regulatory agencies. NMB&T will ...

Dollar General grand opening in Spalding

SPALDING — Dollar General’s newest store at W3750 US 2/41 in Spalding is now open. In its new location. Dollar General will celebrate the store’s official grand opening on today with free prizes and special deals. Additionally, the first 50 adult shoppers at the store will receive a $10 ...

Savings Insurance Agency receives honor

MANISTIQUE — At its recent executive/agency round table meeting, Frankenmuth Insurance recognized Savings Insurance Agency of Manistique as a Preferred Partner for 2016. This prestigious distinction is awarded to independent agencies who’ve demonstrated commitment to providing ...

Bay offers MIOSHA training boot camp

ESCANABA — Bay College is now offering the MIOSHA Level One MTI Boot Camp. MTI Boot Camp has been especially prepared for those students who have not taken any MTI courses previously and have an interest in improving their knowledge of safety and health in the workplace. The courses, taught ...

Verso mill a finalist in energy awards

ESCANABA — Twenty-three businesses, organizations, and individuals from across the state have been selected as finalists for the 2017 Governor’s Energy Excellence Awards, which recognize people and organizations in Michigan that have taken firm, meaningful actions to improve energy ...