The Ann Arbor-based University of Michigan today released the findings of a study analyzing the efficiency of self-driving vehicles. The study concluded that these vehicles have a net reduction in lifetime energy use.
On Friday, Detroit-based American Axle & Manufacturing, a major automotive supplier, reported its financial results for the fourth quarter and full year 2017. The results showed AAM had a record year in 2017 with total annual sales of $6.3B and a net income of $337.1 million (5.4 percent of sales).
Saint Joseph Mercy Health System (SJMHS) and Ann Arbor-based University of Michigan's Michigan Medicine have signed a definitive agreement, effective immediately, to create a master affiliation and a joint venture for the 133-bed St. Joseph Mercy Chelsea hospital (SJMC). The joint venture is to expand surgical and inpatient services at the hospital.
Domenico Grasso, an engineering professor who also served as provost and chief academic officer at the University of Delaware, has been selected as the next chancellor of the University of Michigan-Dearborn. His appointment is effective Aug. 1.
The Governor's Education and Talent Summit, planned for March 12 and 13 in Novi, will emphasize the importance of educators and job providers working together to develop a workforce ready for 21st-century careers and lifelong learning. The summit will be held at the Suburban Collection Showcase at 46100 Grand River Ave.
The Michigan State University Foundation has announced Applied Research Associates Inc. (ARA) in Albuquerque has opened an innovation center within the University Corporate Research Park (UCRP) in Lansing. The opening marks the beginning of a research partnership with MSU's College of Engineering.
The Michigan Department of Agriculture and Rural Development's (MDARD) International Marketing Program has partnered with Euromonitor International to create MIAgExport.com, a website that provides Michigan's exporting agriculture companies with updated export opportunity analysis reports and a new interactive market tracker.
The Kresge Foundation in Troy today announced it has invested $16 million over the last two years to stabilize and preserve Marygrove College and its campus in northwest Detroit. Over the last few years, Marygrove has faced significant financial and operational challenges.
The Michigan Translation Research and Commercialization for Life Sciences Innovation Hub, or MTRAC, is providing more than $1.8 million in funding to be used across Michigan to accelerate biomedical innovations.
Lapeer Plating and Plastics (LP+P), a manufacturer of Class A, high-visibility components for the auto industry, today announced it has formed a new management team and a strategic vision to be the supplier of choice in the markets it serves.
Atlas Oil in Taylor, which delivers more than 1.0 billion gallons of fuel annually to customers in 47 states, has started to roll out "We Support You" themed trucks to honor the country's active military personnel, first responders, and veterans.
DTE Energy in Detroit today announced it spent nearly $1.7 billion with Michigan businesses in 2017 and created or sustained 5,100 jobs across the state. The company says it has spent more than $7.5 billion with local suppliers and created 16,000 jobs in the past eight years.
Urban Science, a global retail consulting firm headquartered in Detroit, released statistics and insights Wednesday from its 2017 Automotive Franchise Activity Report (FAR), indicating continued stability in the number of automotive dealerships in the United States.
Through multiple twists and turns, Royal Oak’s plan to build a new city center includes selling land it owns to a private developer for $1, and investing $5.5 million in cash for an office building it won’t have an interest in.