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Bedrock Breaks Ground on $1B Hudson’s Development

Bedrock Inc. today broke ground on a $1-billion mixed-use development on the site of the former Hudson’s Department Store along Woodward Avenue in downtown Detroit. The start of construction follows years of planning and preparation that will result in a one-million-square-foot development that will include create Michigan’s tallest building at 800 feet, residences, retail space, conference centers, presentation theatres, and a skydeck.

Southfield-based Denso Acquires InfiiniteKey Inc. to Advance Keyless Automotive Experience

Southfield-based automotive systems and component supplier Denso today announced the acquisition of Holland, Mich.-based InfiniteKey Inc., along with several key patents and development resources. Terms of the deal were not disclosed.

Horizon Global Corp. in Troy to Acquire Brink Group from H2 Equity Partners

Troy-based Horizon Global Corp., a manufacturer of branded towing and trailering equipment, today announced a definitive agreement to acquire the Brink Group from H2 Equity Partners for $199.4 million.

Peloton Technology Demonstrates Driver-Assistive Truck Platooning System on I-96

Peloton Technology, a developer of connected and automated vehicle systems for U.S. and global freight carriers, hosted a live demonstration earlier this week of driver-assistive truck platooning on I-96 in Novi.

Olympia Development of Michigan Invests $30M in Temple West Mixed-Use Building Detroit Invests $30M in Temple West Mixed-Use Building

Olympia Development of Michigan today announced the beginning of construction on a new 285,000-square-foot, multi-story mixed-use building at the southwest corner of Temple and Park in The District Detroit.

Detroit’s Entrepreneurs of Color Fund Receives $18M Investment

The Entrepreneurs of Color Fund, a fund for minority-owned small businesses in Detroit, has tripled in size with an $18 million investment from the Detroit Development Fund (DDF), JPMorgan Chase, and the W.K Kellogg Foundation (WKKF).

American Center for Mobility in Ypsilanti Township Opens for Testing

The American Center for Mobility (ACM) today announced it has opened its state-of-the-art proving grounds for testing, with Visteon Corp. in Van Buren Township and Toyota Research Institute in Ann arbor on site to begin testing operations, and others scheduling for next week.

Auburn Hills-based Continental Automates Electric Vehicle Charging, Creates Mobile Power Bank

Auburn Hills-based automotive supplier Continental will demonstrate two new battery charging systems to maximize the advantages of electric vehicles, including an automatic wireless charging system that transfers power inductively, next month (Jan. 9-12) at the Consumer Electronics Show in Las Vegas.

G2 Consulting Group in Troy Earns Second Amazon Contract in Metro Detroit

As Amazon weighs where to build its second North American headquarters (H2Q), Troy-based G2 Consulting will provide construction engineering services for an 850,000-square-foot Amazon distribution center currently underway in Shelby Township.

Holtzman Wildlife Foundation Gifts $500,000 for Red Panda Habitat at Detroit Zoo

The Holtzmann Wildlife Foundation in Farmington Hills today announced a $500,000 grant to assist the Detroit Zoo in Royal Oak with a 4,000-square foot expansion of the red panda exhibit. The red pandas renovated habitat will feature a more stimulating naturalistic environment combined with educational experiences for the zoo’s 1.5 million annual guests.

Plum Market Comes to Oakland University in Fall 2018

Oakland University (OU) in Auburn Hill will open a Plum Market on campus in the renovated Oakland Center in Fall 2018. The partnership will focus on quality food, service, and engagement with students and faculty.

Report: Robotics, Motion Vision, Motion Control Segments Hit Records in 2017

The Ann Arbor-based Association for Advancing Automation (A3) today announced that the robotics, machine vison, motion control, and motor technology industries set records through the first nine months of 2017. 

Ricardo Defense Systems and LIFT in Detroit Partner to Retrofit Safety Upgrade for Michigan HMMWVs

Ricardo Defense Systems in Van Buren Township and Lightweight Innovations For Tomorrow (LIFT), a Manufacturing USA institute in Detroit, today announced the successful completion of their pilot project to retrofit 10 Michigan National Guard vehicles with RDS’ optimized antilock braking system (ABS) and electronic stability control (ESC) to reduce fatal rollovers in High Mobility Multipurpose Wheeled Vehicles (HMMWV).

Penske Automotive Expands Presence in the United Kingdom

Bloomfield Township-based Penske Automotive Group, an international transportation service provider and leading retailer of vehicles, today announced a signed agreement to acquire The Car People, a fixed-price used vehicle retailer in the United Kingdom.

Cadillac Introduces Morello Red Package for CTS V-Sport

Cadillac today announced the Morello Red Edition for the CTS V-Sport performance sedan, a detailed interior package that enhances the vehicle’s exterior and performance.
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More »From the Magazine

Double Duty

Bonner C. Upshaw III was a professional on the hardwood; now he's in the corporate suite.

Touchdown

Former University of Michigan football trainer, Mike Barwis, uses his knowledge to help athletes prevent and overcome injuries

PDA Q&A: Michael Angelo Caruso, E-Interview

Interview with owner of Edison House in Royal Oak.

Virtual Studio

Clawson's Deep Canvas is using virtual reality to create product prototypes.

Nurture And Renew

If Southwest Solutions, a multifaceted human services agency in Detroit, did nothing else but renovate affordable homes and sell them to lower-income residents, homeless people, or veterans, it would fail.

Tech Forward

Oakland University cited nationally for developing talent for self-driving vehicle industry.

Honor And Legacy

How a pizza chain inspired a marque restaurant at Little Caesars Arena in Detroit.

Tale of Two Cities

Rebuilding urban districts lining Michigan Avenue — Corktown in Detroit and the two downtown areas of Dearborn — follow a similar formula: Get land control, find strong developers, reduce red tape, and rebuild.

Pomp and Pageantry

The 2017 Concours d'Elegance celebrated custom coach builders in America and Europe.

Digital Divide

Consumers may prefer to have the latest technology in their new vehicles, but all the added hardware and software can be confusing out on the road.

Design Studio

Toll Brothers, a residential building outfit in metro Detroit, is using a 5,000- square-foot design studio to show off all of the different options they can build with.

Express Payment

A novel kiosk payment system launched in Detroit expands its offerings.

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

Matty Moroun, Detroit's Border Baron

Source: Bloomberg Businessweek

Women in a Man’s World

Source: The Wall Street Journal

The Death and Life of Detroit

Source: The American Prospect

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