January-February 2011

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Inside Business

The Truth Can Lead

"Leadership can be an unpopular business. The art of leadership is saying no, not yes. It is very easy to say yes." — Tony Blair (former Prime Minister of the United Kingdom).

Walk On Common Ground Event May 22

Proceeds from the 5k walk will raise critical funds to support Common Ground’s crisis intervention services throughout Oakland County and beyond

Detroit’s Cobo Center to Undergo Three-Year, $221M Renovation and Expansion

It includes the reinvention of Cobo Arena as a 40,000-square foot ballroom with supporting meeting, pre-function, and back-of-house spaces

Chrysler, GM & 28 other companies to offer 2,000-plus jobs at ESD’s Job Fair

Other firms include GE Aviation; DASI Solutions; American Axle and Manufacturing; ALTe, LLC; Dow Corning; Durr Systems; and Talascend

A. Alfred Taubman Saves a Residential Gem

The mall developer helps save a home in Bloomfield Township designed by Frank Lloyd Wright.

Detroit's DTE Energy Seeks Solar Energy Expertise

DTE Energy plans to install several photovoltaic solar systems totaling up to 12 megawatts over the next four years at locations throughout the company's Southeast Michigan service area

Health Care is Michigan’s Largest Private-sector Employer, Key to State’s Recovery

Providing direct jobs to more than 546,000 workers, health care in Michigan generates more than $30 billion in wages, salaries, and benefits

U-M develops a potential 'game changer' for pathologists

A technique designed by a University of Michigan-led team aims to make computer-aided tissue analysis better, faster and simpler

Asian Pacific American Chamber of Commerce welcomes Under Secretary Robert D. Hormats, U.S. Department of State

The event will take place on Thursday, March 10, 2011 at Summit in the Park, 4600 Summit Parkway, Canton, MI, from 5:30 p.m. – 8:30 p.m.

Otsego Club in Gaylord Welcomes Back International Snowboard Teams

International snowboarding teams will be training at the ski club February 28 – March 6

U-M study: More than 1.5 million jobs and $62 billion in wages directly tied to Great Lakes

There are more than 525,000 Great Lakes-related jobs in Michigan

General Motors Company (NYSE: GM) announces calendar year 2010 results marked by $4.7B of net income

Revenue for the calendar year was $135.6 billion

Guardian Industries in Auburn Hills to Build Second Float Glass Plant in Russia

Rostov plant will produce residential and commercial coated glass

Michigan Gov. Rick Snyder reorganizes DELEG to sharpen mission focus

The department’s new name will be the Department of Licensing and Regulatory Affairs, reflecting its leadership role in reinventing the state’s regulatory process and its increased licensing responsibilities

Census Bureau Releases Detailed Data on Detroit Metro Area Housing

Respondents were generally very content with where they live: 72 percent rated their homes highly, which means an 8, 9 or 10 on a scale of 1 to 10

ITC Holdings in Novi Reports Year-end 2010 net income of $145.7M, or $2.84 per diluted common share

Capital investments of $454.6 million for the year ended December 31, 2010

Mobile Technology Association of Michigan Aims to Create Mobile Tech Jobs & Businesses

Michigan-based trade association for the state's mobile technology industry launches new website as part of its inaugural campaign for state-wide membership

Solanus Casey Center Food and Wine Festival

More than 400 people attended the 8th annual Solanus Casey Center Food and Wine Festival at the Cathedral Cultural Center at St. George Romanian Orthodox Cathedral on Feb. 11. The event included a strolling dinner, a wine tasting, and a silent and live auction. Photos by Nick Martines

Confidence Rises Among Global Automotive CEOs About 2011 Revenue Growth

China is vital to automotive industry manufacturing strategies as the number one vehicle market in the world; innovation key to global growth, PwC CEO Survey

New Stores, Restaurants Announced for The Mall at Partridge Creek in Clinton Township

Rojo Mexican Bistro, a contemporary approach to Mexican food and drink, opens this summer at The Mall at Partridge Creek.

International Target Fireworks over the Detroit River Set for June 27

The Target Fireworks, which feature more than 10,000 pyrotechnic effects, are launched from three barges in the Detroit River

Rotary Club of Troy In Partnership with Walsh Institute Offers “Present Like a Pro — Lead, Sell, Inspire!”

With Internationally Renowned Author/Trainer Michael Angelo Caruso

2011 Komen Detroit Race for the Cure®, May 21, celebrates 20 years in the breast cancer fight

The Komen Detroit Race for the Cure® awards 75 percent of the current year’s net proceeds to a diverse group of organizations serving Wayne, Oakland, and Macomb counties

View From The Top: Sue Ellen Eisenberg on Employment Law

Since the global financial meltdown in 2008, employment law has changed considerably as employees seek redress for wrongful termination, worker misclassification, and discrimination. Bloomfield Hills attorney Sue Ellen Eisenberg discuss the latest trends in employment law, and what employees and employers can do to prevent and adjudicate potential wrongdoing.

Governor Snyder unveils recommended budget to provide foundation for Michigan’s reinvention

Decisive plan will energize economy and create jobs

Masco Corporation in Taylor Reports 2010 Results

Operating profit margins in 2010 were 5.7 percent compared to 5.6 percent a year earlier.

Cooling Fins Help Keep Chevrolet Volt Battery at Ideal Temperature

Engineers of the four-seat Chevrolet Volt electric car often refer to its 435-pound battery pack as the fifth passenger

General Motors to Continue Investing Aggressively in China

To remain a global industry leader, GM must remain an industry leader in China

Michigan Growth Capital Symposium Draws Venture Financing Activity from Midwest

Launch of Venture Michigan Fund II and Support from Notable Investor Sponsors Sets the Stage for Expanded Investment Opportunities at Midwest's Premier Equity Event

Metro Detroit Helps Lead the Fight Against Heart Disease

The battle against heart disease is one of the top health care initiatives in metro Detroit and around the country, and while the region is a national leader in fundraising, research, and educational programs, no one is resting on their laurels.

Chinese New Year at Mon Jin Lau

Mon Jin Lau in Troy hosted a two-week celebration to commemorate the Chinese New Year. On Feb. 8, more than 200 people gathered for dinner, drinks, and a traditional New Year ceremony featuring fireworks and a dragon dance. Photos by Nick Martines

Registration Opens for 2011 Bayview to Mackinac Race

Some 200 to 250 boats are expected to participate in the annual race which begins Saturday, July 23

Resorts of Tullymore & St. Ives in western Michigan Names Terry Schieber as CEO

Michigan Executive Held Top National Management Positions

View From The Top: Marilyn P. Nix of Marilyn P. Nix & Associates

The recovery of metro Detroit's commercial and industrial real estate markets is underway, but don't look for a rapid rebound, says Marilyn P. Nix, a former real estate executive with General Motors, and principal and broker of Marilyn P. Nix & Associates in Bloomfield Hills. Nix also covers her role as the 2011 president of CREW (Career Real Estate Women).

Oakland County Issues Fiscal Scorecard

The Fiscal Scorecard shows why, after a decade of recession, Oakland County remains a AAA rated county

Center for Automotive Research's New Study on Impact of Electric Vehicle Incentives

The study uses hybrid vehicle sales in each of the 50 states as a proxy for electric vehicle sales, and a national estimate of electric vehicle market share annually

Cadillac Announces Shield Owner Benefits Program

Highlights class-leading standard services and technologies

Downtown Detroit Partnership Names Dave Blaszkiewicz President and CEO

Blaszkiewicz, who is President of Invest Detroit, will serve in a dual role directing the operations of both organizations

The Kresge Foundation Announces Art X Detroit in Midtown April 6-10, 2011

Kresge to showcase new works by more than 35 local Fellowship and Eminent Artist awardees in city’s cultural district

Michigan Chamber of Commerce Announces its 2011-2012 Legislative Priorities

Agenda for Job Creation and Business Growth

Younger stroke victims benefit from earlier MRIs, ambulance rides to ER

The Wayne State University-Detroit Medical Center Stroke Program team presented its findings Thursday during the American Heart Association/American Stroke Association’s International Stroke Conference 2011in Los Angeles

Ford to Reduce Debt by an Additional $3 Billion Through Trust Preferred Securities Redemption

Ford Motor Company Capital Trust II will redeem for cash all of its outstanding 6.50% Cumulative Convertible Trust Preferred Securities

Metro Detroit's Asian Pacific American Chamber of Commerce 10th Annual Dinner Celebration is May 21

Celebration of APACC’s accomplishments and network with over 400 corporate executives, entrepreneurs, diverse business professionals and civic leaders

Design Build Institute of America Announces Formation of DBIA Michigan Chapter

The chapter, a unit of the DBIA Great Lakes Region, has been established to further promote integrated design-build project delivery

Detroit Restaurant Week is April 1-10

Detroit Restaurant Week is sponsored by Quicken Loans and DigDowntown.com.

Dow Kokam Selected as the Exclusive ‘Advanced Battery Expert’ for FleetAnswers

Dow Kokam’s Advanced Battery Insight Enables Informed Decisions on Fleet & Commercial Vehicle Electrification

Troy-based Reising Ethington Clients Win Patent Infringement Suit Brought by the Largest Steel Producer in the World

Attorneys David Simonelli and Rick Hoffmann successfully defended two of the firm’s clients, Severstal Dearborn, Inc. and Wheeling-Nisshin, in a patent infringement suit filed by two French units of ArcelorMittal

Michigan Boating Industry Recovery Begins at Detroit Boat Show

The 53rd annual Detroit Boat Show is February 12-20 at Cobo Center in Detroit

Former GM Executives Launch New Motor Advisors as Green Bridge to Detroit Experience

It is yet another example of former Detroit 3 executives finding opportunity on the automotive industry’s new frontiers

Ann Arbor SPARK Launches New Talent Portal to Help Skilled Professionals Connect With Employers

More than 400 companies posted over 1,300 jobs to the Ann Arbor SPARK talent portal in 2010

Chrysler Brand Launches New Marketing and Advertising Campaign

Detroit superstar, Eminem, featured in Chrysler Brand's advertising kick-off

U.S. New-Car Sales Headed for Double Digit Percentage Gains in 2011

Paul Taylor, chief economist of the National Automobile Dealers Association, projects U.S. new-vehicle sales will reach 12.9 million units

View From The Top: Ramsey Sweis, Aqaba Technologies

Developing a web strategy for a company, organization, or individual is no easy task, especially with the rapid pace of technological changes. Ramsey Sweis, president of Aqaba Technologies, a web advertising agency in Sterling Heights, talks about the best strategies for Internet marketing, advertising, and social media.

Uptown Film Festival in downtown Birmingham to Host Michigan Film Awards

Festival celebrates growth and success of Michigan’s film industry

Fleming's Steakhouse Hosts Celani Wine Dinner

On. Jan. 28, Fleming's Steakhouse in Livonia hosted a dinner featuring the wines of Tom and Vicki Celani, principals of Celani Family Vineyards in Napa Valley. The menu included Tea-Smoked Prawns, Braised Veal Lasagnette, Sea Salt Strip Steak, and a medley of Chocolate Truffles.

Dow Corning Reports Record Sales and Profits in 2010

Sales were a record $6.00 billion, 18 percent higher than last year

COTS' 12th Annual Soup City Fundraiser

COTS, a nonprofit agency dedicated to alleviating homelessness, held its 12th Annual Soup City Celebration at the Gem and Century theatres in downtown Detroit on Jan. 20. The event drew close to 200 people who enjoyed culinary offerings from Slows Bar BQ, Garden Fresh Gourmet, Just Baked; among others.

Detroit Yacht Club Placed on the National Register of Historic Places

Detroit Landmark to Receive Honor from Department of Interior

Strategic Staffing Solutions Tops $200 Million in Sales in its 20th Year

2010 Marks $205 Million in Revenue and $860,000 in Charitable Donations

China Trade and Economic Law Experts Gather in Detroit for Conference

An international mix of academics, government officials and practitioners will gather in Detroit Feb. 11 to examine legal and regulatory aspects of the U.S.-China economic relationship

BorgWarner in Auburn Hills Finalizes Acquisition of Haldex Traction Systems

Expands Product Portfolio with New Technologies to Accelerate Global Growth in All-Wheel Drive Markets

Lear Reports Fourth Quarter and Full Year 2010 Financial Results

Net sales of $12.0 billion in 2010, up 23 percent from a year ago, Core operating earnings of $627 million

Business Author William C. Taylor Spotlights Henry Ford West Bloomfield Hospital

When William C. Taylor, co-founder of Fast Company magazine, searched the country for companies and organizations that were successful change agents, he made several visits to Henry Ford West Bloomfield Hospital. The result: The health care organization was featured in Taylor’s new book, Practically Radical: Not-So-Crazy Ways to Transform Your Company, Shake Up Your Industry, and Challenge Yourself.

View From The Top: Seth Helfman, project manager for Statewide Disaster Restoration

How does a business prepare for the unpredictable? Seth Helfman and his team at Statewide Disaster Restoration in Southfield must respond to emergency repairs at a moment's notice, including fires, tornadoes, utility breaks, and wind damage. He also talks about a unique program to help renovate public schools in Detroit.

Meijer Launches New Online Grocery Delivery Service

"MeijerDoorstepGrocer.com" Offers Thousands of Grocery And Drugstore Items That Can Be Delivered Straight To A Shopper's Doorstep

GM Launches New Syndicated TV Series, 'Inside the Vault'

General Motors is teaming up with a variety of media partners to create a new TV series aimed at entertaining and informing today's "classic" man

Chrysler Group LLC Achieved $0.8 Billion in Modified Operating Profit and $1.4 Billion in Free Cash Flow in 2010

Net Revenues in Q4 2010 of $10.8 billion; total year 2010 Net Revenues of $41.9 billion

Olympia Entertainment Posts Strong Results: Affiliated Venues Host Over 350 Events and Sell Out 92 Events in 2010

Company Bundles across Red Wings, Tigers, Fox Theatre to Meet Customer Demand for Greater Entertainment Value

Time to Fix Michigan's Medicaid Pharmacy Program, Not Defend Wasteful Spending

Instead of defending a broken system, it's time for Michigan to explore new ways to make its Medicaid pharmacy program more affordable and effective

Affinia in Ann Arbor Opens New Warehouse and Distribution Center in Brazil

With the construction, the Extrema operation is growing from 32,000 square feet to 107,000 square feet

Wolverine World Wide, Inc. Announces Organizational Changes to Accelerate International Growth

The Company is reorganizing to provide a sharper focus on the significant global opportunities that exist for each of its 12 brands, and will create a stand-alone International Group

Woodward Light Rail Transit Project Public Hearings Scheduled For Feb. 12

Hearings to be held at the Main Detroit Public Library, Lower Level Auditorium, 5201 Woodward Avenue

Quicken Loans Group Buys Madison Theatre Building in Detroit

Historic Detroit Building to be Transformed into Unique Entrepreneurial Hub for Tech-Based Start-up Companies

Parrot in Southfield Names Horizon Hobby as AR.Drone Distributor in U.S. and Canada

The AR.Drone is a quadricopter using augmented reality and piloted with an iPod touch®, an iPhone® or an iPad™

BorgWarner in Auburn Hills Boosts Performance of Downsized Diesel Engines

New Variable Turbine Geometry Turbochargers Set New Benchmark in Lower CO2 Emissions for 1.6-Liter Diesel Engines

ITC Holdings Corp. in Novi Announces Organizational Changes

Internal reorganization and executive changes to position the company for continued operational growth and success

Chevrolet Volt Rollout Speeds Up: Available Nationwide by End of 2011

Customers nationwide will be able to order Volts with participating dealers beginning in the second quarter.

The 2011 North American International Auto Show Results

A second straight year of public attendance increases with 735,370 visitors to NAIAS, which included the breaking of a single-day record from 1993 of 74,900 for a Friday

Detroit Regional Chamber 2011 Mackinac Policy Conference is June 1-3

Keynotes to Discuss How-To Re-Build, Re-Invent and Re-Energize Michigan

View From The Top: James McTevia on the U.S. National Debt

The gross national debt, now north of $14 trillion, is unsustainable and needs to be addressed or the country will face another major economic recession, or worse, argues James McTevia, managing member of McTevia & Associates, a management and financial consulting firm in Bingham Farms, and author of the recent book, "The Culture of Debt, How a Once-Proud Society Mortgaged its Future."

Modern Day Rip Van Winkle

Most individuals are aware of the story of Rip Van Winkle. What would you have missed if you had fallen asleep just 2 years ago?

View from the Top: Pat O'Keefe, CEO of O'Keefe & Associates, on the 2011 Detroit Auto Show

Electric and hybrid vehicle sales are starting to climb, especially in China, but the industry needs to work more closely with utilities and suppliers to develop charging stations and other infrastructure needs, says Pat O'Keefe, CEO of O'Keefe & Associates, a turnaround management firm in Bloomfield Hills.

View from the Top: Amherst Partners' Sheldon Stone on the 2011 Detroit Auto Show

The global auto industry is starting to rebound from the 2008-09 recession, and Sheldon Stone, a partner with Amherst Partners, a restructuring firm in Birmingham, addresses the return of the Big 3 automakers, the introduction of hybrids and electric vehicles, and the growing complexity of the industry.

Fine of the Times

At the 34th District Court on Wayne Road in Romulus, the cash register begins ringing early most weekday mornings as dozens of motorists and lawyers, traffic tickets in hand, line up to play the Downriver court’s version of Let’s Make A Deal.

Strategic Staffing Solutions' 20th Anniversary Party

Strategic Staffing Solutions, a global IT and business services firm in downtown Detroit, celebrated its 20th anniversary on Oct. 1 at the Detroit Athletic Club. More than 600 guests enjoyed cocktails, a gourmet buffet, and live entertainment.

Downtown Detroit Partnership's 2010 Detroit Aglow

A longtime holiday tradition, the Downtown Detroit Partnership hosted its annual Detroit Aglow fundraiser on Nov. 22 at the Westin Book Cadillac Detroit. More than 700 guests enjoyed a traditional holiday dinner of turkey with all of the fixings.

Detroit Hispanic Development Corp's Dream Makers

The Detroit Hispanic Development Corp. held its 13th annual Dream Maker’s Youth Ambassadorship Program on Oct. 21 at DTE Energy’s corporate headquarters in Detroit. The initiative trains young people to educate their peers about the importance of completing school and developing professional skills.

2010 Cattle Baron's Ball at Oakland University

The American Cancer Society in Southfield raised $625,000 at its 2010 Cattle Baron’s Ball on Nov. 6 at Oakland University’s Shotwell-Gustafson Pavillion in Rochester Hills. The funds will assist with the diagnosis and treatment of cancer.

College for Creative Studies' 2010 Art of Wine

On Oct. 23, the College for Creative Studies held its 29th annual Detroit International Wine Auction at the Detroit Marriott at the Renaissance Center. The event was sponsored by General Motors and featured wines from Duckhorn Wine Co.

The Hantz Group's Annual Office Party

The Hantz Group, a financial holding company in Southfield, held its 13th anniversary celebration party at a private residence in Detroit on Oct. 1. The event included an Italian buffet from Giovanni’s in Detroit, numerous food stations, a dessert bar, and live entertainment.

Lech Walesa visits Metro Detroit

The Polish Mission of the Orchard Lake Schools and Miller Canfield hosted former Polish President and Nobel Peace Prize winner Lech Walesa on Oct. 26 at the Pine Lake Country Club in West Bloomfield. Walesa also opened “Solidarnosc: Poland’s Struggle for Freedom” at the Walter P. Reuther Library.

Urban Land Institute's Placemaker Awards in Detroit

The Detroit District Council of the Urban Land Institute honored Edsel B. Ford II and Peter Karmanos Jr. with its inaugural Placemaker Award on Nov. 11 at the Westin Book Cadillac Detroit. Presenting the awards was Amanda Burden, chair of the New York City Planning Commission and director of the New York Department of City Planning.

DBusiness Magazine's 2011 Top Lawyers

It was a grand night for metro Detroit barristers as DBusiness hosted its first ever Top Lawyers reception at the Detroit Golf Club on Nov. 18. The event honored nearly 900 private attorneys who were recognized by their peers for their exceptional legal talents among 49 practice areas.

Oakland County Executive L. Brooks Patterson's Birthday Party

Friends of L. Brooks Patterson celebrated his birthday on Jan. 8 at the Royal Park Hotel in downtown Rochester. The black tie event included a VIP reception, strolling dinner, and entertainment.

Magna Force

Frank Stronach has gone home for the holidays. Home as in Austria, that is — the once war-tattered country where he was raised before setting sail as a teenager, bound for a new country and a new life that, six decades later, he admits he couldn’t have imagined.

Cadillac Man

Sailing for England in 1895, William E. Metzger carried letters of introduction from Detroit and New York bankers, but after almost two weeks in London, he remained uninvited to the horseless carriage exhibition he’d traveled so far to see.

The Birth of Industry

Detroit in 1850 exhibited little in the way of mechanical ingenuity. The fur trade was fading as the city’s chief export, replaced by salted fish. The population of 21,019 had developed a fairly robust agricultural market, and the timber industry was starting to catch on.

Where Are They Now?

Former Big 3 Executives (2007-10)

Chrysler Group LLC 2011

Chrysler posted better-than-expected financial results from Jan.-Sept. 2010 while raising its forecast. Chrysler says it expects to make a pre-tax profit of $700 million in 2010, up from $200 million previously.
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Business Features

Fine of the Times

At the 34th District Court on Wayne Road in Romulus, the cash register begins ringing early most weekday mornings as dozens of motorists and lawyers, traffic tickets in hand, line up to play the Downriver court’s version of Let’s Make A Deal.

Magna Force

Frank Stronach has gone home for the holidays. Home as in Austria, that is — the once war-tattered country where he was raised before setting sail as a teenager, bound for a new country and a new life that, six decades later, he admits he couldn’t have imagined.

The Birth of Industry

Detroit in 1850 exhibited little in the way of mechanical ingenuity. The fur trade was fading as the city’s chief export, replaced by salted fish. The population of 21,019 had developed a fairly robust agricultural market, and the timber industry was starting to catch on.

Where Are They Now?

Former Big 3 Executives (2007-10)

Chrysler Group LLC 2011

Chrysler posted better-than-expected financial results from Jan.-Sept. 2010 while raising its forecast. Chrysler says it expects to make a pre-tax profit of $700 million in 2010, up from $200 million previously.

The Brain Gain

The government restructured the auto industry; now it needs to restructure immigration. Why is that important for Michigan?

Ford Motor Co. 2011

In 2010, Ford gained U.S. market share and was able to sell its cars and truck at higher prices. In October, the automaker made a final payment to the UAW’s retiree health care trust fund. The automaker recently introduced the 2011 Ford Explorer.

General Motors Co. 2011

In January, General Motors CEO Dan Akerson is scheduled to be elected chairman, replacing Ed Whitacre. GM remains the No.1 car company in the United States. In 2010, for the first time it sold more vehicles in China than in America.

Engage and Enhance

For years, Habitat for Humanity Oakland County rolled out its affordable home program with little deviation — put out a call for corporate donors, gather volunteers, build or renovate dwellings, and hand the keys over to needy families.

Pop Pop, Fizz Fizz

When a 50-year-old dormitory at the University of Michigan in Ann Arbor developed severe plumbing problems — water flow had slowed to a trickle — a school management team budgeted $11 million to replace the entire system.

PDA Q&A: Gary Burkart

Baby, You Can Drive My Virtual Car

Forget expensive prototypes. Realtime Technology in Royal Oak can project a 3-D image of a concept vehicle and make it appear to hug a hairpin turn or accelerate through a straightaway.

Forward Observer

In business or in battle, David T. Maccagnone isn’t afraid to advance. The CEO of Multi-Bank Securities Inc. in Pleasant Ridge, which invests funds on behalf of banks, credit unions, and other institutions, says the success of his firm — it was cited in Inc. magazine’s 2010 list of the 5,000 fastest-growing companies — is due, in large part, to his military experiences.

Auto App

Is it possible to buy a car using an Apple iPad? The answer is yes, thanks to Mercedes-Benz Financial in Farmington Hills, which developed an online sales tool for the German automaker’s 355 dealerships in the United States — an industry first.

Global Speak

Jason and Michael Teshuba are used to navigating different business models. In 2002, the siblings designed and built websites for a variety of clients. Two years later, they began offering language-learning services, although publisher royalties cut into their profits.
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From the Magazine

Cadillac Man

Sailing for England in 1895, William E. Metzger carried letters of introduction from Detroit and New York bankers, but after almost two weeks in London, he remained uninvited to the horseless carriage exhibition he’d traveled so far to see.

The Little Engine That Could

What downtown Detroit has in abundance is potential. Offering one of the nation’s most impressive collections of office structures built prior to 1940, the central business district is an architectural playground ripe for a turnaround.
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