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Prince Concepts Details Plans for Major Mixed-use Development on Detroit’s West Side

Prince Concepts, which owns the popular restaurant TAKOI and built the True North mixed-use project, both in Detroit, today released details about a new 50,000-square-foot development now underway at several neighboring sites bounded south of Forest Ave. and north of Warren Ave., which is about 3½ miles northwest of downtown Detroit.

Michigan Strategic Fund Approves Tax Incentives for Bedrock’s Major Developments in Downtown Detroit

The Michigan Strategic Fund (MSF) today approved Bedrock’s use of the MIthrive financial tool, which clears the final hurdle for the company to lock in $2.2 billion in new investment in downtown Detroit among four different projects, including a major redevelopment of the Hudson’s site.

Report: Boat Sales at a 10-year High, Michigan Sales Third Highest in Nation

Data released today by the National Marine Manufacturers Association (NMMA) in Chicago show total marine expenditures were at an all-time high in 2017 at $39 billion, up 7 percent from 2016. The number includes spending on new boats, engines, trailers, accessories, and services.

Advanced Manufacturing Employment in Michigan Reaches New Heights

Advanced manufacturing employment in Michigan has reached more than 700,000 workers, according to a new report from Detroit-based Lightweight Innovations for Tomorrow (LIFT). The employment level is the highest in the industry since 2006.

Housing Permits in April at Their Highest Level Since 2006, Fueled by Low Inventory of Existing Homes

Housing permits in April were at the highest level they had been since April 2006, according to a report released today by the Home Builders Association of Southeastern Michigan in Farmington Hills.

Priority Health in Grand Rapids Announces New Agreement with Cigna Payer Solutions in Connecticut

Grand Rapids’ Priority Health today announced a new agreement with Connecticut-based Cigna Payer Solutions. The agreement with Cigna will enable Priority Health members who travel out of state to access Cigna’s PPO network of nearly 1 million health care providers nationwide for services outside of Michigan.

Small Business Group Says Minimum Wage Increase Will Cost the State 183,000 Jobs, Reduce Real Output by $76B

The Lansing branch of the National Federation of Independent Business (NFIB) has concerns a ballot proposal to increase Michigan’s minimum wage would cost the state 183,000 jobs if it became law, the group announced today.

Detroit’s Wayne State University Helps Develop Design Technique for Microsensors With Extremely Small Footprints

Researchers at Detroit’s Wayne State University have developed a new technique for designing microsensors that allow for significantly enhanced sensitivity and a very small footprint. The findings were published last week in Nature Electronics.

Roush CleanTech in Livonia Extends Alternative-fueled School Bus Partnership

Livonia’s Roush CleanTech, an alternative fuel vehicle technology company, has extended its alternative-fueled school bus partnership with Georgia’s Blue Bird Corp., an independent designer and manufacturer of school buses, through 2025.

Veterinary Ophthalmologist at East Lansing’s MSU to Research Whether Gene Therapy for Dogs Can Prevent Human Blindness

A veterinary ophthalmologist at East Lansing’s Michigan State University has received a five-year, $8.2-million grant to research whether a gene therapy that prevents blindness in dogs can be applied to humans, the school reported Friday.

Ann Arbor’s Duo Security Partners with Virginia’s OPAQ Networks to Create a Security-as-a-service Platform

Duo Security in Ann Arbor, a company that helps defend organizations against cyber breaches through its cloud-based product, has partnered with Virginia’s OPAQ Networks, a security cloud company, to integrate Duo with the OPAQ security-as-a-system platform. OPAQ managed security services partners can now offer Duo’s Trusted Access platform to protect its customers’ systems and data from unauthorized access.

Blog: More Companies Should use Rotational Programs to Attract Talent, Provide Opportunity

College seniors across the country have graduated from their respective schools and have become the newest wave of prospects eager to join the workforce. A good number of graduates likely have jobs lined up already, while even more will still be on the hunt to get their foot in the door of specific companies. Companies have to do more in light of the intense competition for talented workers and college graduates — and rotational programs are a great option.

Continental in Auburn Hills Increases Investment in Silicon Valley Company

Auburn Hills technology company and automotive supplier Continental Thursday announced it is increasing its investment in DigiLens Inc., a company in Silicon Valley specializing in holographic waveguide projection technology. Continental will hold close to 18 percent of DigiLens after its Series C financing round.

Unison, a Data Analytics Firm in Birmingham, Acquires Brand Machine in Troy

Birmingham’s Unison, a data analytics company, today announced it has acquired Troy’s Brand Machine, a brand solution company. The deal closed on May 15. Details of the transaction were not disclosed.

Report: Home Sales Down Year-over-year in Metro Detroit, Sales Prices Rise

Metro Detroit home sales are down 6.6 percent year-over-year while the median sales price is up 6.1 percent, according to RE/MAX of Southeastern Michigan’s April report, released Thursday.
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More »From the Magazine

Horse Sense

Horseback riding therapy goes digital with new technology from Pittsfield Township's Therapeutic Riding Inc.

Camp Wellness

Nonprofit summer camp in Pinckney has big goals for the next couple of years.

By the Numbers

Jeffrey Sachs grew up in Oak Park, then made his mark as an economist and director of Columbia University’s Center for Sustainable Development in New York City.

Back from the Dead

Battery Solutions in Howell recycles spent batteries with startling efficiency.

Celebrating Millennials

Stereotypes about younger workers abound, but they’re really not all that different.

Factory of Prosperity

A nonprofit organization in Detroit is transforming unused school facilities into business and community ecosystems.

No Vacancy

The region’s apartment sector is surging, having recovered from the 2008 global financial crisis and Detroit’s successful run through bankruptcy in 2014.

Friend Robot

For the next three years, the hugely popular FIRST Robotics competition will be held in Detroit.

PDA: Q&A Peter J. Ginapolis

The E-Interview Peter J. Ginapolis, Vice President, LSG Insurance Partners, Bloomfield Township

Splitting the Pot

Detroit’s three casinos, along with land-based operations outstate, are facing growing competition from the Michigan Lottery and its exclusive offering of online gaming options.

Huron-to-Erie Corridor

The region’s water economy, stretching from the southern end of Lake Huron to the northern tip of Lake Erie, is a major economic generator — but more marketing efforts could drive expenditures for fishing, boating, and charters even further.

Beacons of Commerce

In the 19th century, lighthouse construction helped Great Lakes shipping flourish.

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

Women in a Man’s World

Source: The Wall Street Journal

Matty Moroun, Detroit's Border Baron

Source: Bloomberg Businessweek

The Death and Life of Detroit

Source: The American Prospect

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