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Warren-based Universal Logistics Holdings Acquires California’s Container Connection

Warren’s Universal Logistics Holdings Inc., an asset-light provider of customized transportation and logistics solutions, Friday announced it has acquired Deco Logistics Inc. and Oaktree Logistics Inc., collectively Container Connection. The cash purchase was $60 million.

Ann Arbor’s Millendo Therapeutics Merges with OvaScience of Massachusetts

Ann Arbor’s Millendo Therapeutics Inc., a clinical-stage biopharmaceutical company focused on developing treatments for orphan endocrine diseases, has merged with OvaScience Inc. in Waltham Mass.

Ford Appoints Worthington to Vice President of Global Product Development Operations

Ford Motor Co. today announced it has named Trevor Worthington vice president of global product development operations and vehicle programs, and tapped Graham Pearson to succeed him as vice president of product development in the Asia Pacific region.

Report: Michigan Must Attract, Retain College-educated People to Create Broad Middle Class

Michigan Future Inc. today released a report saying Michigan must create regions anchored by central cities that attract college-educated individuals before it can have a broad middle class.

Detroit Auto Show Renews Contract with Cobo Center Through 2026, Announces 2020 Dates

The North American International Auto Show (NAIAS) announced Friday it has signed a seven-year contract with Cobo Center, confirming the center’s status as the show’s venue through 2026. It also confirmed show dates for June 2020.

Lasting Prosperity

Michigan’s economy has accelerated over the last two years due to favorable federal policies and smart reform from Lansing. But unless state leaders lower personal taxes, remove burdensome regulations, and eliminate corporate welfare programs, the good times won’t last.

CEO Gift Guide 2018

Our holiday shopping guide takes you from the American Revolution to outer space.

Ford Motor Co. Announces Retirements in Treasury, Product Development, and Manufacturing

Ford Motor Co. in Dearborn today announced three long-serving global executives – Kenneth R. Kent, Joseph Bakaj, and Bill Russo – are retiring at the end of the year.

Chinese Electric Vehicle Battery Maker Plans to Open North American Subsidiary in Detroit

Contemporary Amperex Technology Co. Ltd., a Chinese supplier of lithium-ion battery products for electric vehicles and energy storage facilities, is planning to open a Detroit-based North American subsidiary. A date and location were not revealed.

U-M Law School in Ann Arbor Receives $33M Gift

Lisa and Chris Jeffries have committed $33 million to the University of Michigan Law School in Ann Arbor, the university announced Thursday. The gift is dedicated to student support and will be used for scholarships, financial aid, summer funding programs, and debt management.

Livonia’s Tower International to Sell European Operations to French Company

Livonia’s Tower International Inc., a global manufacturer of engineered automotive structural metal components and assemblies, today announced it has entered into a stock purchase agreement relating to the sale of all of its European operations to Financière SNOP Dunois S.A., a privately owned French automotive supplier.

Detroit’s Hamilton Anderson Design Firm to Expand to Atlanta

Hamilton Anderson, a Detroit design firm, today announced it will expand to Atlanta in partnership with Atlanta-based urban design firm SHAPE. Hamilton Anderson worked on Little Caesars Arena and the redevelopment of Hudson’s Department Store site and Motown Museum, all in Detroit.
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