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Report: Michigan Housing Permits Rise 11.7 Percent in 2016

Final numbers from the U.S. Census Bureau indicate a total of 15,716 permits were issued throughout Michigan for new home construction in 2016, representing an increase of 11.7 percent over the total of 13,581 permits in 2015. The 2016 year-end total is the highest number of new home permits issued in Michigan during a calendar year since the pre-recession year of 2006, which was 16,538. 

American Airlines and Delta Airlines Adding Direct National Flights to Traverse City

Northern Michigan’s tourism industry is getting a boost from American Airlines and Delta Airlines this summer as both operators will offer direct flights from Dallas Ft. Worth and Atlanta, respectively, to Cherry Capital Airport (TVC) in Traverse City. Over the last three decades, as Michigan’s economy has ebbed and flowed, many Michiganders moved to southern states seeking employment.

New FCA US Supplier Diversity Initiative Strengthens Ties with Minority Business Associations

Auburn Hills-based automaker FCA US today announced a new diversity initiative to connect its purchasing organization with minority, women, and veteran owned business associations by providing customized training, learning, development, and networking opportunities.

Chevrolet Camaro ZL1 Tops 200 MPH at Germany’s Famed Papenburg GmBH Proving Ground

With a top speed of 198 mph, the Chevrolet Camaro ZL1 Coupe will satisfy anyone’s need for speed.Chevrolet tested the max velocity of the ZL1 (with a 10-speed automatic transmission) on the high-speed oval at Germany’s Automotive Testing Papenburg GmBH proving ground.

Michigan Opera Theatre to Honor Founder David DiChiera with “Grand Salute” on May 15

Detroit-based Michigan Opera Theatre will assemble a star-studded cast of opera singers and dancers from around the world to honor the legacy of founder and director David DiChiera on May 19, as he prepares to become artistic director emeritus at the end of the season. The Grand Salute, to be held at the Detroit Opera House, will include a legacy announcement and involve civic and industry giants who have helped DiChiera achieve his vision.

Bloomfield Hills-based O’Keefe Adds Automotive Recall Practice Group to Strategic Advisory Services

Bloomfield Hills-based financial and strategic advisory firm O’Keefe today announced the expansion of its advisory services with its Automotive Recall Practice Group. The group will guide and counsel suppliers in automotive recall settlement discussions, including areas such as economic analysis of completion rates, cost data sampling, cost analysis of labor, material and overhead charges, discovery assistance and expert witness rebuttal reports, and expert witness testimony. 

German-based Development Group Acquires Four Industrial Warehouse Structures in Midtown

A development team from Munich has acquired a collection of four industrial warehouse buildings at Second Avenue and York Street in Detroit’s Midtown district, just south of Next Energy. The group plans to convert the structures into a mixed-use development of residential lofts, retail spaces, rooftop gardens, and green alleys.

IBM Watson Clinical Imaging Review Coming to U-M Health System in Ann Arbor

IBM Watson Imaging Clinical Review, the first cognitive imaging offering from Watson Health, was introduced today at the Health IT Conference for 2017 (HIMSS17) in Orlando. As part of the debut, IBM announced the technology will be made available at the University of Michigan Health System in Ann Arbor.

New Rapid Breast MRI Developed in Flint Aides with Breast Cancer Detection

A new method for regularly screening women with dense breast tissue may potentially save thousands of lives by detecting cancer four to six years earlier than traditional mammographic technology allows. Based on research by Dr. David A. Strahle, chairman of Flint-based Regional Medical Imaging, the Rapid Breast MRI cuts scan time by 70 percent while significantly reducing costs.

Ford Mustang Stars in Remake of Classic French Film Set in Paris Using VR Technology

With 360 and virtual reality technology, French filmmaker Claude Lelouch used the Ford Motor Co. Mustang to put a 21st Century spin on a classic nine-minute film, called C’était un Rendez-Vous. The Mustang in the film is a 5.0 litre V8 fastback.

Michigan Manufacturing Technology Center Granted $1.2M for Lightweight Metal R&D

The Plymouth Township-based Michigan Manufacturing Technology Center has been awarded a $1.2 million federal grant over two years from the National Institute of Standards and Technology manufacturing extension partnership program to pilot an accelerated applied research and development program for the manufacturing of lightweight metals.

Prominent Chrysler Dealer in Richmond Dick Huvaere Passes Away at 72

Nationally prominent automotive dealer, businessman, community, and industry leader Richard F. "Dick" Huvaere passed away on Feb. 16 surrounded by his family in Key Largo, FL from a decade-long fight with pulmonary fibrosis. He was 72.

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.
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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

Women in a Man’s World

Source: The Wall Street Journal

Obama Pushes False GM Success Story

Source: Investors Business Daily

Matty Moroun, Detroit's Border Baron

Source: Bloomberg Businessweek

The Death and Life of Detroit

Source: The American Prospect

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