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Southfield-based Lear Corp. Sponsors Mahindra Racing in Electric Car Championship

Southfield-based Lear Corp., a global automotive seating supplier, today announced for the first time its seating business is a sponsor of Mahindra Racing in the FIA Formula E Championship, the first global single-seater championship for electric cars.

Livonia-based Pet Supplies Plus Plans to Add 60 Stores This Year, Grow to 450 Locations

Livonia-based Pet Supplies Plus, the nation’s largest pet franchise, today announced it will open 60 stores this year. The expansion will give the franchise 450 locations throughout the country, more than half of which are independently-owned businesses.

Hazel Park-based Motor City Industrial Acquisition Propels Growth in Midwest and Southeast

Motor City Industrial in Hazel Park today announced it acquired EMCO Inc., a Charlotte, NC-based industrial distribution and service business. The purchase marks the second acquisition in Motor City Industrial’s strategy to combine companies with strong distribution capabilities in the industrial consumables and ancillary products sector.

Grand Rapids-based MC Sports to Liquidate All 66 Stores, Markdown Sales Underway

After over 70 years as a sporting goods and apparel retailer, Grand Rapids-based MC Sports filed for Chapter 11 bankruptcy protection on Feb. 14 and today announced it will close its stores in Michigan, Ohio, Indiana, Illinois, Iowa, Wisconsin, and Missouri.

Ferndale’s GreenSpace Café to Host First Vegan and Vegetarian Speed Dating Event in Michigan

Ferndale-based GreenSpace Café, a plant-based vegetarian and vegan restaurant owned by Dr. Joel Kahn, a cardiologist, will host Michigan’s first speed dating event where participants can learn about and explore new markets, educational and recreational activities, and business opportunities.

Entrepreneur-YOU Conference Set for March 15 at Walsh College in Troy

Registration is now open for the sixth annual Southeast Michigan Women’s Entrepreneur-YOU conference, a collaborative initiative to help women become successful business owners. The event will be held at Walsh College in Troy on March 15, from 8:30 a.m. to 3 p.m.

Bloomfield Township-based Penske Automotive Completes Acquisition of U.K.-based CarShop

Bloomfield Township-based Penske Automotive Group, an international transportation service provider and leading retailer of vehicles, today announced the completion of the acquisition of CarShop. As one of the U.K.’s leading retailers of used vehicles, CarShop sells high-quality used vehicles at fixed retail prices as part of a transparent customer buying experience.

MSU Researchers Develop First Stretchable Integrated Circuit

Engineering researchers at East Lansing-based Michigan State University today announced the creation of the first stretchable integrated circuit made entirely out of an inkjet printer, raising the possibility of the inexpensive production of “smart fabric.”

Benton Harbor’s KitchenAid Introduces Limited Edition Artisan Black Tie Stand Mixer

Benton Harbor-based KitchenAid today announced a new look for the kitchen, the Artisan Black Tie Limited Edition 5-Quart Stand Mixer. The appliance is the company’s first monochromatic version, and features cast iron-like textured finishes and premium materials, including die cast zinc, satin, and black chrome.

Black Star Farms in Northern Michigan Launches Food Product Line

After a successful soft launch at several local grocery stores in Traverse City, northern Michigan-based winery Black Star Farms has announced the development of their own branded food products. The offerings will be distributed statewide next month by Traverse City-based Cherry Capital Foods.

NNG Cyber Security in Birmingham Debuts Platform to Ward Off Vehicle Hacking Attacks

NNG Cyber Security, which operates an office in downtown Birmingham and a technical center in Orion Township, and was created when the global navigation company acquired Israel-based Arilou Information Security Technologies Ltd. in 2016, today announced the introduction of its new cyber security technology.

Detroit Creative Corridor Center Receives $1M to Create Inclusive Urban Development Strategy

The Detroit Creative Corridor Center, a non-profit that supports Detroit’s creative industries and stewards its City of Design designation, has received $1 million from the John S. and James L. Knight Foundation to create an urban development strategy that focuses on excellence and inclusiveness in design.

StockX Closes $6 million Round of Funding

StockX, the world’s first online consumer “stock Market of things,” today announced that it has closed a $6 million round of funding. And the money is coming from some pretty high-profile investors, including Mark Wahlberg, Eminem, and NFL player Joe Haddon, among others.

Ford Building in Downtown Detroit Acquired by The Sterling Group, Improvements Planned

The Sterling Group, a multi-faceted real estate company, has closed on the acquisition of the Ford Building in downtown Detroit. The 19-story structure, located at the northwest corner of Griswold and Larned streets, has some 100 tenants and is around 80 percent occupied.

Henry Ford Health System Partners with VisionIT on Mobile Healthcare Tool

Henry Ford Health System and Detroit-based VisionIT today launched CareTrail, a new mobile application designed to improve collaboration between clinicians. CareTrail is a patient-centered, secure mobile communication platform that combines the most popular features from social media without compromising patient privacy.
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More »From the Magazine

King of Design

Mike Simcoe takes the design helm at General Motors Co.

Mobility Central

For the first time, organizers of the 2017 North American International Auto Show in Detroit will complement the debut of concept vehicles and new models with AutoMobili-D, an exhibition of future mobility platforms and emerging transportation networks.

Detroit Makeover

A nonprofit group transforms entire neighborhoods.

Green Machine

Allie Mallad started Massage Green in Dearborn; now he has 80 locations across the country, with plans for 600 more.

Salsa Times

Dave Zilko, former vice chairman of Ferndale's Garden Fresh Gourmet, publishes a new book

PDA Q&A: Rita Brown, E-Interview

National Director, Project Accelerate, Birmingham

Hall of Lenders

Longtime mortgage provider David Hall returns to his roots.

Digital Recruiter

A new online platform based in Troy creates visual job postings in minutes.

Opa! Olga

Olga’s Kitchen Inc. embraces its past to chart a new future.

2016 Top Restaurants in Metro Detroit for Business

Compendium News Links More »

The Outside Media Opine on the Motor City

Let Syrians Settle Detroit

Source: The New York Times

Larry Page Looks Ahead

Source: Fortune

Detroit Homes Still Selling for $1

Source: The Daily Caller News Foundation

You Can Sell a Lot of Cars with a Tent

Source: Bloomberg Businessweek

The Death and Life of Detroit

Source: The American Prospect

Obama Pushes False GM Success Story

Source: Investors Business Daily

Women in a Man’s World

Source: The Wall Street Journal

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