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Report: Metro Detroit Residential Real Estate Sales in June Show Competitive Market

Residential real estate inventory in the metro Detroit market was down nearly 22 percent year-over-year this June and sales were up nearly 5 percent, according to a new report from Redfin, a national real estate brokerage company.

Automotive Hall of Fames Explores Move to Downtown Detroit, Collection Expansion

The Automotive Hall of Fame in Dearborn says it is exploring a move to downtown Detroit in the coming years in a bid to raise the institute’s profile, expand its collection of artifacts and historical vehicles, and draw more visitors, scholars, and students.

2016 Accelerate Michigan Innovation Competition to Feature New Venue and Program

The seventh annual Accelerate Michigan Innovation Competition, a nationwide pitch event to be held Nov. 3, will be moved to Cobo Center in downtown Detroit and feature a new program that consolidates the event into a single day.

Novi’s ATC Group to Perform Analysis of Former Detroit House of Corrections Site

The Michigan Land Bank Fast Track Authority has awarded ATC Group Services Inc. in Novi a contract to begin preliminary environmental analysis work at the 125-acre site of the former Detroit House of Corrections in Plymouth Township.

Ford Launches Software for In-car App Developers

As part of its Ford Developer Program, Dearborn-based Ford Motor Co. has launched a software platform for smartphone app developers. The goal is to make it easier and more cost efficient to develop in-car apps compatible with the company’s communication and entertainment systems.

International Industrial Design Conference to be Held in Detroit

The Industrial Designers Society of America will hold its international conference this August in Detroit. The conference, which will be centered on the hashtag theme, #MakingThingsHappen, will feature speakers from the automotive industry and global corporations.

Construction Engineering Firm Atwell Invests in Texas Landscaping Firm

Atwell, a Southfield-based consulting, engineering, and construction services firm, has made an equity investment in Texas-based design firm RVi Planning and Landscape Architecture. Terms of the deal were not disclosed.

Benton Harbor’s Whirlpool Wins Antidumping Ruling Against Samsung and LG

The U.S. Department of Commerce has issued a preliminary antidumping ruling to Samsung and LG in response to a petition filed by Benton Harbor-based Whirlpool Corp., which claims its overseas competitors have engaged in unlawful dumping of clothes washers in the United States.

Toyota Contributes $1.4M to Michigan Science Center STEM Education

Toyota Motor North America, which operates the Toyota Technical Center in Ann Arbor, has donated $1.4 million to the Detroit-based Michigan Science Center. The funds will be used to upgrade the center’s Toyota Engineering Theater, a 4D multimedia experience, and expand STEM education programs.

Anytime Fitness Opens in Ferndale, More Locations in Metro Detroit Planned

Anytime Fitness, a 24-hour gym franchise, has opened a new 6,000-square-foot location on Woodward Avenue in Ferndale. In addition, new locations will come on line in the next few months in White Lake Township, Northville Township, Lake Orion, and Farmington.

Center Line’s Mopar Returns to its Roots With Drag Racing Sponsorship

Center Line-based Mopar, FCA Group’s aftermarket parts provider that was established in the 1950s when it partnered with drag racing pioneer Don Garlits, is returning to drag racing with its decision to sponsor a National Hot Rod Association Top Fuel Dragster.

Blog: Beyond Philanthropy — The NextGen Role of Business in Michigan

In Michigan, the next role of business and entrepreneurial activity must shift from providing goods and services for people to working with people and leveraging our collective potential. Businesses and business leaders can play the role of convener and connector while providing citizens and consumers a platform to transform their newfound personal agency into a positive, collaborative impact.

Bank of Ann Arbor to Acquire Bank of Birmingham for $33M

Arbor Bancorp Inc., the holding company for Bank of Ann Arbor, has entered into an agreement to acquire Bank of Birmingham, which is owned by holding company Birmingham Bloomfield Bancshares Inc. The acquisition is valued at $33.3 million.

Lincoln Opens Experience Center, Will Expand Dealership Services

As part of a new initiative for luxury vehicle clients called The Lincoln Way, Dearborn-based Lincoln Motor Co. has opened a new facility dedicated to customer experience and will offer an updated selection of services beginning this fall with the release of the 2017 Lincoln Continental.

Metaldyne Consolidates Metal-forming Units Under Single Brand

Southfield-based Metaldyne Performance Group Inc., a provider of highly engineered components for use in powertrain and suspension applications for the global light, commercial, and industrial vehicle markets, is consolidating its portfolio of metal-forming brands.
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More »From the Magazine

English Beat

Wave Length

Double Jeopardy

Soup to Lug Nuts

Moving Ahead

Two Men and a Truck expands beyond the industry standard.

Chips Ahoy

A Mexican food company develops a packaging technology to expand its reach.

Contrarian Course

Fore Play

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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

Obama Pushes False GM Success Story

Source: Investors Business Daily

The Death and Life of Detroit

Source: The American Prospect

Women in a Man’s World

Source: The Wall Street Journal

Matty Moroun, Detroit's Border Baron

Source: Bloomberg Businessweek

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