Atlanta’s Genuine Parts Co. today announced its U.S. Automotive Parts Group has entered into a definitive agreement to acquire Hastings Auto Parts Inc. in Detroit. The effective close date is Oct. 1. Details of the transaction were not disclosed.
The Corner Apartment and Retail Project at Old Tiger Stadium Site in Detroit to be Completed in February
The former Tiger Stadium site in Detroit received the city’s first modular home drop today as part of a mixed-used development at Michigan and Trumbull called The Corner. The $30-million project, which will feature 111 apartments and 26,000 square feet of commercial space, will be completed in February.
The University of Michigan in Ann Arbor today announced its School of Public Health will house a new, multi-institutional center focusing on modeling and predicting the impact of tobacco regulation, funded through an $18-million federal grant from the National Institutes of Health (NIH) and the Food and Drug Administration (FDA).
Center Rock Capital Partners LP in Bloomfield Hills today announced it has acquired American Piping Products, a Missouri-based global distributor of steel pipe, fittings, and valves. AAP marks Center Rock’s second platform investment out of its inaugural investment vehicle, Center Rock Capital Partners Fund I LP.
Jackson’s Consumers Energy Starts Operation of Large-scale Battery at Kalamazoo’s Western Michigan University
Consumers Energy in Jackson Monday announced it has installed a new large-scale battery on Kalamazoo-based Western Michigan University’s campus. The battery is expected to store enough energy to power 1,000 homes at any time.
The Michigan Hispanic Collaborative (MIHC) in Detroit today launched its initial campaign, La Próxima Generación (The Next Generation), which seeks to close the academic and professional achievement gap experienced by young Latino students.
IHS Markit in Southfield, which specializes in information, analytics, and solutions for major industries and markets, today released a report that says commercial vehicles are expected to run on diesel fuel for the foreseeable future.
Universal McCann Will Open Office in Downtown Detroit to Oversee Quicken Loans’ Media Planning and Buying
Detroit-based Quicken Loans Inc. today announced a long-term agreement with Universal McCann (UM) to oversee the mortgage company’s media planning and buying. UM also announced plans to open a new office in the Bedrock-owned First National Building at Woodward Avenue and Cadillac Square in downtown Detroit.
The Detroit Arsenal, U.S. Army TARDEC, Merit Network, and the Michigan Defense Center Friday unveiled the TARDEC Cyber Hub, the latest addition to the Michigan Cyber Range, which is part of the Detroit Arsenal in Warren.
Federal-Mogul Powertrain in Southfield to Launch Electrification Strategy for Commercial Vehicles to Reduce Emissions, Raise Fuel Economy
Federal-Mogul Powertrain in Southfield Friday announced it is launching its new electrification system for medium- and heavy-duty vehicles. The system is cost-effective, fully scalable, and modular, and can also be customized to meet emission and efficiency targets, the auto supplier reports.
QIAGEN N.V. in the Netherlands and NeuMoDx Molecular Inc. in Ann Arbor today announced a strategic partnership to commercialize two new fully integrated systems for the automation of PCR (polymerase chain reaction) testing. The systems are designed to help clinical molecular diagnostic laboratories process increasing test volumes and deliver more rapid insights on a broad range of diseases.
Seattle-based Amazon today announced the opening of Amazon Storefronts, an online store for customers to shop exclusively from U.S. small and medium-sized businesses selling on Amazon. The company is also launching advertising highlighting the venture that features a Michigan business that sells its products through the platform.