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.
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.
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 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.