March-April 2010

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Inside Business

Butzel Long Taxation and Succession Planning Institute plan half-day seminar on May 20 in Troy

The Butzel Long Taxation and Succession Planning Institute is planning a half-day seminar from 7:15 a.m. to 1 p.m. on Thursday, May 20, 2010 at the Troy Marriott at 200 West Big Beaver in Troy.

Early History of Michigan Wine Holds Surprises

In May of 1918, Michigan banned alcohol, more than a year before the National Prohibition Act banned alcoholic beverages in all states in the union. Fifteen years later,Michigan was the first state to repeal the prohibition of alcohol.

The Alphabet Soup of the Financial Industry

Have you ever been confused as to your advisor’s credentials, how they were attained, or what criteria were used to get the “alphabet soup” you find in the financial industry?

East Meets West

The Asian Pacific American Chamber of Commerce held its East-West Business Connection April 14 at the Westin Book Cadillac Hotel in downtown Detroit. The event was held in tandem with the 2010 SAE World Congress and included guests from China, Hong Kong, Korea, Malaysia, Taiwan, and Japan.

Beyond Basics Hosts Its 6Th Annual Fundraiser On May 14 at The Atheneum Suite Hotel In Downtown Detroit

Meet the Detroit Family and Beyond Basics Executive Director and Tutor Featured in the Dateline NBC Show about Detroit

Ford Posts First Quarter 2010 Net Income of $2.1 Billion as Strong New Products Fuel Profitable Growth+

Ford Motor Company today reported first quarter 2010 net income of $2.1 billion, or 50 cents per share, a $3.5 billion improvement from first quarter 2009, as strong selling new products, improvements in its global Automotive operations, and higher profits at Ford Credit boosted results.

Arts, Beats & Eats Announces New Title And Presenting Sponsors, Redesigned Website

Oakland County’s Labor Day Weekend Tradition of Taste, Music & Arts Festival Now Called Ford Arts, Beats & Eats presented by Citizens Bank, Again Has Strong sponsorship and Community Backing

Grapes reduce risk factors for heart disease and diabetes, U-M animal study shows

Findings show grape consumption lowered blood pressure, improved heart function and reduced other risk factors for heart disease and metabolic syndrome

Small Businesses to Get $500,000 Boost Through New Oakland County Micro Loan Program

Budding entrepreneurs and small business owners who want to expand their operations could be eligible for loans from $500 to $35,000 under the Oakland County Micro Loan Program announced today by County Executive L. Brooks Patterson.

Amerigon Climate Control Seat (CCS) Now Available on 2010 Ford F-250 Trucks

Standard Feature on King Ranch Models, Option on Lariat

Whirlpool Corporation Announces Leadership Changes in Product Development Functions

Whirlpool Corporation (NYSE:WHR) announced two key leadership appointments in its Global Product Organization.

The Detroit Regional Chamber’s Board Votes To Endorse Michigan Turnaround Plan

Today the Board of Directors of the Detroit Regional Chamber voted to endorse the broad outlines of Business Leaders for Michigan “Michigan Turnaround Plan”.

Strategic Staffing Solutions, Inc. names new CFO

Detroit-based global IT and business services firm Strategic Staffing Solutions, Inc. (S3) announced the naming of Edward Mannino as its Chief Financial Officer, effective immediately.

Atlas Oil Company Adds Valero Brand to its Retail Portfolio

Atlas Oil Company is proud to announce that it has added Valero to its portfolio of retail brands which also include BP, CITGO, Clark, Conoco Phillips and Marathon.

Toda America Holds Groundbreaking Ceremony for High-tech Battery Materials Facility

New Investment supported by DOE Battery Manufacturing Initiative

Leading Healthcare Technology Solutions Provider, GalaxE.Solutions, to Open Software Center in Detroit

IT Innovator to Create 500 new jobs to drive growth in Michigan.

Gene test shows who could benefit from statins to reduce colon cancer risk: Study

Same gene involved in statins lowering cholesterol

PNC Completes Largest Phase of National City Conversion

Bank Adds 1.5 Million New Customers and 420 Branches; Preparations Underway for Final Phase in June

University of Michigan-Dearborn to Transfer Ownership of the Henry Ford Estate to the Edsel & Eleanor Ford House

Transfer unites Ford Family legacy

US New Vehicle Market On Road To Recovery

The US new vehicle market looks to be on the long road to recovery, according to latest figures from the world’s leading provider of automotive data and intelligence, JATO Dynamics.

Global philanthropic and humanitarian leader author Judith Rodin to speak at Wayne State University, April 28

"Reinventing American Cities for the 21st Century" is the topic of the Richard C. Van Dusen Forum on Urban Issues

Miller Canfield Elects Joe Fazio As Chair Of Managing Directors

The law firm of Miller Canfield is pleased to announce that Joseph M. Fazio has been elected chair of the managing directors, the firm’s five-person management administration.

Hella Says Proven Technologies Help Automakers Meet U.S. Rules

Proven energy-management technologies will provide the key to meeting new U.S. fuel-economy regulations, according to Hella, a global supplier of automotive electronics and lighting systems.

Construction Begins on Midtown Greenway

Greenway Trail Will Ultimately Link Midtown Detroit to Downtown.

College for Creative Studies Students Designing Next Generation of Military Vehicles

Concepts on display in TARDEC exhibit at 2010 SAE World Congress.

Pentastar Aviation ranks among top five in industry surveys

Pentastar Aviation was recently voted the No. 1 FBO Chain in the 2010 Professional Pilot Magazine PRASE Survey. The Pentastar Aviation chain includes FBOs at Oakland County International Airport (PTK) and the Van Nuys Airport (NVY).

Behr America Reveals Key Findings At SAE World Congress 2010

Behr America is helping to develop a downsized V6, direct-injection gasoline engine that will improve fuel consumption and produce high torque in a low rpm range.

$800k Kresge grant supports expansion of TechTown’s business incubator park

TechTown has received an $800,000 grant from The Kresge Foundation to renovate new business incubator space and support operations. TechTown received notification of the award March 10.

The Call for Makers is now open for Maker Faire Detroit 2010 at The Henry Ford

Call for entries open from March 18 to May 31, 2010

Morton’s To Host Premium Cigar Dinner Before Smoking Ban Becomes Law In Michigan

With the clock ticking toward Michigan’s upcoming restaurant smoking ban, Morton’s The Steakhouse in Troy has planned the perfect event for cigar lovers to enjoy an evening filled with fine wine, Morton’s signature food and exquisite cigars--before the May 1 deadline.

Compuware Gomez Offers Industry's First Solution for Web Performance, Cross-Browser and Device Testing for iPad

Gomez Enables Businesses to Validate Web Site Performance and Rendering for New Apple Device

Detroit Tigers Opening Day 2010

There was plenty of pomp, circumstance, and local luminaries in and around Comerica Park on April 9th for the Tigers’ home opener. Detroit’s boys of summer topped the visiting Cleveland Indians, 5-2, and a grand time was had by all.

AWEA Releases Annual State of the Wind Industry Report for Michigan

Manufacturing for wind will provide green-collar jobs to Michigan workers, etc.

Michigan will finally snap decade-long streak of job losses

After enduring one of its worst years ever in 2009, Michigan's economy will flounder this year before showing some improvement in 2011, say University of Michigan economists.

Ford To Highlight New Fuel-Efficient Engines, Provide Special Test Drives At SAE World Congress

Ford Motor Company announced today it plans to introduce three new four-cylinder advanced technology powertrains in the next year.

A Miracle of Confidence

A solid business plan can’t just sit on the shelf.

Detroit Regional Chamber Hosts Farewell Ceremony

On March 30th, the Detroit Regional Chamber held a reception at the Townsend Hotel in Birmingham for President and CEO, Richard E. Blouse Jr., who retired after 15 years. During his tenure, the Chamber became the largest organization of its kind in the country.

Macomb Chambers Announce Collaboration Agreement

The Sterling Heights Regional Chamber of Commerce & Industry (SHRCCI) and the Anchor Bay Chamber of Commerce (ABCC) have signed a “Joint Venture” agreement that will have collaboration as its focal point.

GM Completes Fresh-Start Accounting

General Motors Company announced that it had completed fresh-start accounting, and would be filing its third quarter 2009 Form 10-Q and 2009 Form 10-K with the SEC today.

Gibbs Technologies Selects Plex Online for U.S. Operations

Amphibious Vehicle Manufacturer Readies for Production

Warren Transmission Adds 100 New Jobs to Support Increased Demand for Hot-Selling Vehicles

In order to meet growing customer demand for some of GM's hot-selling vehicles, Warren Transmission is adding over 100 new jobs to its second shift 6 speed operations.

Create A Custom 'Billboard On Wheels' With New Ford Transit Connect Graphics

Ford is taking the "wraps" off an innovative new program designed to help business owners customize the vinyl graphics on their Ford Transit Connects.

GM to Expand Brake Override Software Globally by 2012

General Motors will expand use of "enhanced smart pedal" technology globally to all passenger cars with automatic transmissions and electronic throttle control, providing an additional safeguard to enhance customer confidence.

FEV, Inc. Demonstrates Battery Management System Development and Testing Capability at 2010 SAE World Congress

Paramount Bank Announces Availability of Wealth Management and Investment Services

Locally-based Paramount Bank today announced it has added Paramount Wealth Advisors, a new wealth management and investment services division.

DeMattia Group Breaks Ground on Ventower Industries’ New Manufacturing Facility

DeMattia Group, one of the Midwest’s leading real estate development, architecture and construction firms, is proud to announce a groundbreaking was held on March 30, 2010 for Ventower Industries’ new manufacturing facility.

Atlas Oil Offers Protection from Spring Storm Power Outages Generator Assurance Plan

Provides Generator Fuel Supply with a Money Back Guarantee

Dodge Begins Production of 2010 Viper SRT10 ACR-X

Spec-series Racer to Make Debut in New Dodge Viper Cup Series

GM Announces Financial Leadership Changes

General Motors Vice Chairman and Chief Financial Officer Chris Liddell today announced a number of key finance leadership changes aimed at further advancing the company's financial progress and preparing for its return to public ownership in the future.

Four New Attorneys Join Trott Trott, P.C.

Farmington Hills-based Trott Trott, P.C. announced today the addition of attorneys Karl Borgquist, Tara Gavioli, Doreen Hoffman and Rose Merithew to the firm’s Litigation and Title Departments.

Detroit Young Professionals - 2010 Vanguard Awards

Ten innovators and trend setters were honored at the 2nd annual Detroit Young Professionals' Vanguard Awards on March 25 at Amnesia nightclub atop the MotorCity Casino Hotel in Detroit.

The Future of MI’s Workforce at the Big Three Auto Companies

Part of The Engineering Society of Detroit (ESD) popular series, LEARN, MEET, SUCCED, this event will give people an unprecedented opportunity to meet face-to-face with those who make the hiring decisions for the auto companies, and learn first-hand about what the future holds for engineering professionals in the state.

O’Keefe & Associates Achieves National Recognition for Reorganization and Sale of Double JJ Ranch

Opinion leader and top U.S. industry publication, The M&A Advisor has recognized transactional financial consulting and turnaround management firm O’Keefe and Associates with a national Turnaround Award for the successful Chapter 11 reorganization and sale of the iconic Double JJ Resort in Rothbury, Mich.

Q&A with J.D. Power and Associates' John Humphrey: The Center of the Automotive Universe is Going to Change

Where is the global auto industry headed? John Humphrey, senior vice president of global automotive operations for J.D. Power and Associates, provides an interesting perspective on the industry.

CREW Detroit Announces Call for Entries for Annual IMPACT Awards Program

The Detroit chapter of Commercial Real Estate Women announces a call for entries for its 9th annual IMPACT Awards, honoring commercial properties with a positive impact on Southeast Michigan.

Ford SYNC Hits 2 Million Mark; Boosts Resale Value, Purchase Consideration and Customer Satisfaction

The popular Ford SYNC voice-controlled communications and infotainment system has been winning over buyers at its fastest pace ever, with Ford announcing SYNC has now been installed on more than 2 million Ford, Lincoln and Mercury vehicles.

Preliminary 2010 Ford Proxy Details Annual Meeting, Shareholder Proposals, Executive Compensation

Ford Motor Company (NYSE:F) today filed with the U.S. Securities and Exchange Commission a preliminary notice regarding its 2010 Annual Meeting of Shareholders.

Minority Securities Organization hosts 4th Annual Awards Gala

Instead of cutting back, this non profit is giving more!

Seesmart LED Receives Intellectual Property License for LED Fluorescent Tube Replacements in Partnering Deal with ilumisys

ilumisys, Inc. and parent company Altair Engineering grant patent license in effort to advance LED marketplace through cooperative partnership agreement

Employer Healthcare Costs Jump 7.3% in 2009, According to Thomson Reuters Study

Average healthcare costs for U.S. employers increased 7.3 percent in 2009, according to study published today by Thomson Reuters.

The Mall At Partridge Creek Announces New Danish Jeweler Pandora

The Mall at Partridge Creek welcomes Pandora – the international jewelry company known for its popular charm bracelets – to its retail mix.

Chrysler Group LLC Celebrates Production Launch of Pentastar V-6 Engine at All-new Trenton, Mich., Facility

With Michigan Governor Jennifer M. Granholm and other local officials in attendance, Chrysler Group LLC celebrated the launch of its all-new Pentastar V-6 engine at an event today at the Trenton South Engine Plant.

Itc Holdings Corp. Donates $1 Million To The Henry Ford

Donation Will Help Upgrade National Historic Landmark’s Electrical Infrastructure

Help Delta Air Lines win a direct route to Tokyo

Help Delta Air Lines win a direct route to Tokyo and bring $150 million annually to the region's economy

St. Patrick's Day with News/Talk 760 WJR

WJR-AM's Morning Host Paul W. Smith hosted the radio station's annual St. Patrick's Day party at the Detroit Athletic Club on March 17. The event drew more than 300 of the region's business, education, and political luminaries.

Dancing With the Stars

Successfully Single Inc. hosted a fundraiser to benefit the American Red Cross Haiti Relief efforts on March 13 at the San Marino Club in Troy. The evening event included a dance competition with local celebrities as well as a dance showcase.

St. Patrick's Day at Dooley's Tavern

Irish eyes were smiling on March 17 at Dooley's Tavern in Sterling Heights. More than 1,000 people paid tribute to St. Patrick and the Emerald Isle throughout the day.

Brooks Kushman's Kramer Honored as a 2010 'Leader in the Law' by Michigan Lawyers Weekly

Environmental Regulation to Significantly Shape M&A and Strategic Relationships in the Global Automotive Industry

Complex environmental regulations, combined with overcapacity and highly competitive global markets, should lead to increased mergers and acquisitions in the global automotive sector.

Business Leaders Issues 2010 Benchmarking Report

Show’s Michigan’s Economy Declining Relative to Peers; Business Costs & Poor Perceptions Stand in Way of Leveraging Innovation Assets to Grow Jobs

New joint venture unveils Green Machine to capture largest untapped energy source in the industrial Midwest

Pro Renewables, a new Michigan-based energy solutions company, launched today at Kalamazoo Valley Community College, will lead the Midwest deployment of the Green Machine, an innovative technology that turns waste heat into usable electricity.

Federal-Mogul's Breakthrough in Crankshaft Seal Design Offers Fuel Savings and Reduced CO2 Emissions

New MicroTorq(TM) seals can directly replace existing seals to provide significant improvement in fuel economy and CO2 emissions

Visteon Files Amended Plan of Reorganization and Disclosure Statement

Visteon Corporation today filed an amended plan of reorganization and disclosure statement with the U.S. Bankruptcy Court, reflecting the company's improved operating and financial performance, as well as recovering industry and market conditions.

Former Chairman and CEO of General Motors Joins Genesis

University of Michigan scientists identify chemical isolated from bananas as potent inhibitor of HIV infection

Discovery of how BanLec binds to a key HIV-1 protein opens door to developing microbicides that can prevent sexual transmission of HIV.

Some older ER patients are getting the wrong medicines, U-M study finds

Certain pain relievers and antihistamines are among most common drugs used in emergency visits, in spite of known risks to those over age 65.

The Silverdome Returns as a Venue for Premier Sports and Entertainment Events

The Silverdome, one of North America’s largest stadiums, is returning to operation as a premier sports and entertainment venue after years of inactivity.

Walsh College and Insurance Broker Burns & Wilcox Partner to ‘Bring Out the Best in Working Professionals’

A longstanding relationship between Walsh College and North America's largest MGA/wholesale insurance broker has evolved into a partnership that promotes employee training and skill-building.

Amway Parent Grows to $8.4 Billion in 2009

Lineup, Ticket Information & New Sponsor Announced For 2010 Movement Electronic Music Festival In Detroit

Movement Electronic Music Festival May 29-31 in Detroit’s Hart Plaza

Analyst Study Shows Employees Continue to Put Data at Risk

Second annual study sponsored by Absolute Software shows that business managers continue to disregard practices designed to secure their laptops and the data on them

O’Keefe & Associates Earns Finalist Honors In The M&A Advisor’s National Turnaround Awards

The M&A Advisor has recognized the bankruptcy reorganization and turnaround expertise of O’Keefe and Associates with multiple finalist honors in three separate categories of The M&A Advisor’s 4th Annual Turnaround Awards.

Jack Roush To Be Honored With Robert E. Petersen Lifetime Achievement Award

On Friday, March 12 Jack Roush will receive the highest compliment in the hot rod world as he will be presented with the Robert E. Petersen Lifetime Achievement Award.

Leading Technology and Health Care IT Investors to Headline Annual Michigan Growth Capital Symposium

Panel Discussions, Keynote Addresses and Company Presentations to Shine Spotlight on the Extraordinary Innovation and Investment Opportunities in the Midwest

Brother Rice Business Alliance at Andiamo's

Oakland County Sheriff Mike Bouchard, a Michigan gubernatorial candidate, was the featured speaker for the National City/PNC Brother Rice Business Alliance mixer at Andiamo Bloomfield Township on Mar. 9. More than 100 business leaders enjoyed drinks and appetizers in addition to supporting a scholarship program.

Michigan Tax Appeal Season

Jumana Judeh, president and CEO of Judeh & Associates, a real estate consulting and appraisal firm in Dearborn, has never been busier. Tax appeals for homeowners and businesses are mounting as filing deadlines loom in April and May. In addition to offering analysis on the the various real estate markets in the state and region, Judeh also addresses job growth efforts such as the Aerotropolis initiative around Detroit Metro and Willow Run airports, including the need to add a seventh runway at Detroit Metro.

Michigan school districts are in survival mode - Fighting to keep doors open

Embattled Michigan school districts are bracing for per-pupil cuts of at least $400 in the 2010-11 school year unless the Legislature and governor take rapid steps to secure additional money for K-12 education.

SE Michigan economy may be picking up steam

key indicators in monthly survey trending upward

Motor Trend Declares 'Buick is Back!'

Buick graces the cover of the premier automotive magazine for the first time in 28 years.

Capitol Insiders: Engler buries Blanchard in mock Rematch

Lobby Guide Litmus Test: Engler wins on economics; Blanchard on protecting safety net.

Cherry Creek Banquet Center Wine Tasting

The Shelby-Macomb Daybreakers Kiwanis Club hosted "An Evening of Fine Wines and Specialty Suds" on Feb. 24 at the Cherry Creek Banquet Center in Shelby Township. More than 100 people enjoyed 100 wines, 16 microbrews, live music, and a strolling buffet. The featured sommelier was Ted Moss of Vince and Joe's Gourmet Market in Shelby Township.

New Mustang V-6 With 305 HP Makes History as First Car With 300+ HP and 30+ MPG

New 2011 Ford Mustang V-6 final fuel economy certified by EPA this week at 31 mpg on the highway and 19 mpg in the city.

Chrysler Group LLC Announces Executive Appointments

In a continued effort to focus on core competencies and efficiencies, Chrysler Group LLC today named two appointments within its executive ranks.

100 Over 100: The List

A detailed list of Metro Detroit's oldest companies.

Freezing breast tumors helps stop cancer’s spread in mice, U-M study finds

Cryoablation generates immune response that kills metastases in mice. Clinical trial open now to evaluate this technique in patients.

Oakland County Garners AAA Rating Despite Challenging Times

Oakland County Executive L. Brooks Patterson announces that Wall Street has reaffirmed Oakland County’s AAA bond rating – a remarkable feat in a struggling economy.

Mercedes-Benz Financial Expands Mobile Platform to Include smartphones

"Coolest way to pay" now includes users of BlackBerry, Droid and more

GM Announces New North American Leadership Team

General Motors today announced a restructured North American organization with a number of key leadership changes.

Compuware-Ponemon Benchmark Study Identifies Prominent Privacy, Data Security Vulnerabilities to Financial Services

Failure to Protect Consumer Data in Development and Testing, Other Risk Factors, Put Private Consumer Information and Company Reputations at Risk
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Business Features

100 Over 100: The List

A detailed list of Metro Detroit's oldest companies.

A Great Leap Forward

China offers plenty of growth potential for the Big Three, but to gain further traction, the automakers must stay ahead of consumer tastes, expand into rural markets, and hope that government protectionists don’t squeeze them out.

On Gossamer Wings: DBusiness' 2011 Car of the Year

The Cadillac XTS Platinum concept, which melds luxury and refinement, has an almost spiritual quality.

Celling Out

Toiling day and night to eradicate debilitating diseases like Parkinson’s and ALS, U-M neurologist Eva Feldman is benefiting from a new state constitutional amendment on stem-cell research — and she just might be the next Jonas Salk.

Hoot’s World

For nearly 75 years, Hoot McInerney’s knack for selling cars allowed him to rub shoulders with U.S. pesidents, foreign dignitaries, celebrities, and industry icons. And the party’s not over. Not by a long shot.

Centurial Returns

Lasting 100 years or more isn’t easy. Luck and fortune play a part, as do steadfast commitment and the devotion of family business owners as they strive to prepare the next generation of successful leaders.

Mixing Oil and Water

A Bloomfield Hills oil company strikes it rich installing and servicing oil and water rigs in the United States and Africa.

A Clean, Steamed Machine

A Detroit franchisor finds success melding green principles with a rapid response system.

Rent to Sell

How a resourceful metro Detroit homebuilder bucked a tough real-estate market and sold 100 houses in 2009
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From the Magazine

Waiting on a Recovery

It may be a blip on the screen, or the harbinger of a modest recovery, but the most recent data for metro Detroit shows a slight rise in office and industrial leasing.
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