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Latest News Archive

Retail Tenants Announced For Bedrock’s Shinola Hotel in Downtown Detroit

Bedrock has announced four retail tenants that are coming to the 1400 Woodward block in Detroit, immediately north of the former Hudson’s department store, which includes its Shinola Hotel as well as neighboring mixed-use buildings.

Macy’s Completes Store Improvements at Somerset Collection in Troy and Twelve Oaks Mall in Novi

Macy’s today announced that its department stores at the Somerset Collection in Troy and Twelve Oaks Mall in Novi have completed updates and additions including physical changes, new technology, staffing changes, expanded assortments, and more.

General Motors Announces Extended Bumper-to-bumper Limited Warranty on New Vehicles

General Motors Co. in Detroit today announced that effective immediately, customers buying new vehicles will have the opportunity to purchase an extended bumper-to-bumper limited warranty resulting in five years or 60,000 miles of coverage (whichever comes first) for Chevrolet and GMC customers, and six years or 70,000 miles for Buick and Cadillac customers.

Detroit’s Huron Capital Partners Acquires Vermont-based Novelty Sock Company

Detroit’s Huron Capital Partners, a lower-middle-market private equity firm, today announced its socks and apparel accessories platform, IQ Brands, has acquired Wheel House Designs, a producer of novelty socks to stores and boutiques throughout North America. The deal marks the fourth add-on acquisition for the IQ Brands platform. Terms of the deal were not disclosed.

Detroit-based Quicken Loans to Open Technology Office in Downtown Windsor

Quicken Loans Inc. in Detroit, one of the nation’s largest home mortgage lenders, and its family of affiliated companies, today announced plans to open a new office in the historic Old Fish Market Building (156 Chatham St. West) in downtown Windsor, Ontario.

Ann Arbor’s U-M Rogel Cancer Center Partners With Connecticut’s Aetna to Offer Value-based Care Model

The University of Michigan Rogel Cancer Center in Ann Arbor and Connecticut-based Aetna Friday announced a collaboration to create a value-based oncology medical home that is designed to improve the care experience for cancer patients. The arrangement began on Oct. 1.

Ford Brings 600 Employees to Wagner Place in Downtown West Dearborn, Announces Commercial Tenants

Ford Motor Co. today announced it has started moving 600 employees into Wagner Place along Michigan Avenue in downtown West Dearborn. The project included the renovation of the historic Wagner Hotel at Michigan and Monroe Street, about a mile west of the automaker’s global headquarters, along with new space.

Detroit’s StockX Expands to Europe With West London Authentication Center, Platform Updates

Detroit-based StockX, the world’s first stock market of things, today announced its expansion to the European market. The company’s platform has conducted international business in 200 countries for the past two years.

Delta Offers Two Detroit Metro Flights With New A220-100 Aircraft, Service Launches in 2019

Delta Air Lines Inc. today announced it will begin offering domestic business routes on the new A220-100 aircraft, a state-of-the-art narrow body jet with amenities that match a widebody aircraft.

Randazzo in Macomb Township Acquires Lansing’s Hager Fox Heating and Air Conditioning

Randazzo Mechanical Heating and Cooling in Macomb Township has acquired Hager Fox Heating and Air Conditioning in Lansing. The transaction closed on Sept. 28, and financial details were not disclosed.

Universal Robots in Ann Arbor Unveils Box-making Robot

Ann Arbor’s Universal Robots, a company that develops collaborative robots, or cobots, that work safely alongside workers with no need for safety guarding in most scenarios, Wednesday announced it has created the first solution for random robotic case erecting, the XPAK ROBOX. The new cobot erects any box in its suite on-demand without changeover.

Skyway Precision Inc. in Plymouth Township Acquires South Carolina’s Bellwright Manufacturing Inc.

Plymouth Township’s Skyway Precision Inc. today announced it has acquired South Carolina’s Bellwright Manufacturing, a manufacturer of computer numerical control machined components for the commercial truck, agricultural, utility vehicle, automotive, and appliance markets. Details of the transaction were not disclosed.
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