March-April 2011

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Inside Business

Hiring Well Improves the Bottom Line

Key skills are essential for business leaders as the economy picks up.

View From The Top: Mindi Fynke, president and CEO of EHIM Inc. in Southfield

A wellness advocate and entrepreneur, Mindi Fynke, president and CEO of EHIM Inc., a pharmacy benefit management firm in Southfield, offers her advice on national health care reform, lowering the cost of prescription drugs, and starting and managing a growing business.

Consumers Energy Customers Saved an Estimated $38 Million Through Energy-Efficiency Programs

The utility estimates that customers have saved more than 250,000 megawatt-hours (MWh) annually of electricity and more than 935 million cubic feet (MMcf) of natural gas

Michigan Growth Capital Symposium Unveils Robust Line Up of Presenting Companies

Companies from high growth sectors including information technology, clean tech, medical devices and life science to pitch leading local and national investors for $500,000 to $20 million in funding

Chrysler Group LLC Announces Refinancing Transactions

$3.5 billion six-year term loan and a $1.5 billion five-year revolving credit facility

Oakland County economy is in the early stages of sustained recovery

Nearly 11,000 jobs to be added in 2011, another 8,000 next year, and more than 9,700 in 2013

Local sponsors and restaurants create movie magic at BravoBravo! 2011: On Location

Michigan Opera Theatre's annual fundraiser Friday, June 3, 2011

Big Three Adopt Aerospace Bolt-Tightening Technology for Automotive Manufacturing

The process, known as real-time ultrasonic control of bolt tightening, uses high frequency sound waves to estimate the amount of force a bolt provides to clamp two components together

Art Van Furniture Invests $6 Million in Expanding and Enhancing PureSleep Across Michigan

Using exclusive technology, Art Van PureSleep's proprietary state of the art computer diagnostic system precisely matches each person to the right mattress

FutureMidwest at Detroit's Eastern Market

More than 200 people helped kick off FutureMidwest on April 27 at Bert's Marketplace in Detroit's Eastern Market. The digital business conference, held April 28-29 in Shed 3 and Shed 5 of Eastern Market, drew more than 700 people and included sessions on digital marketing and social media strategies. Photos by Nick Martines

Chrysler to Pay Down Government Loans

Chrysler Group intends to complete the repayment during the second quarter of 2011 from proceeds of a new term loan facility and newly issued debt securities

University of Michigan Researchers ID promising pancreatic cancer screening marker

Proteins found in blood serum distinguish cancer from non-cancerous conditions

Michigan Dept. of Agriculture Warns Food Establishments of Phony Inspector Scam

Fake food inspectors threatening fines, enforcement actions

Grand Rapids-based Meijer Introduces "Order to Store" Program Featuring Free Shipping for Online Orders

Meijer Customers Can Now Order Online And Pick Up Items In Store

Federal Nakagawa Opens Port of Detroit's 2011 Shipping Season

The Federal Nakagawa, a Hong Kong flagged vessel, set sail on April 4, 2011 from Teesport, United Kingdom with a cargo of steel.

Affinia in Ann Arbor Begins Operations at New Filtration Plant in China

The new 220,000-square-foot filtration center, located in the Longkou Economic Development Zone, Shandong Province, China, will manufacture filtration products for light and heavy-duty vehicles

Governor Rick Snyder unveils plan to reinvent Michigan’s educational system

Central to Snyder’s plan is a dramatic shift from viewing different levels of education as separate stages to viewing them as part of an integrated system

Michigan Governor signs legislation to expand 21st Century Jobs Fund

The fund will now be available to more industries involved in research and advanced technology.

Firms use media coverage to influence merger negotiations

The researchers provide strong evidence that firms manage their media through news releases precisely when they would benefit the most from a temporary price increase

Blue Cross Blue Shield of Michigan creates hundreds of new Michigan jobs, hundreds of millions in total economic impact

According to study by Anderson Economic Group, Blues’ efforts in Detroit, Lansing and Grand Rapids are delivering tangible economic benefits

Ford Reports $2.6 Billion 2011 First Quarter Net Income

Ford Credit reported a pre-tax operating profit of $713 million for the first quarter

Michigan Company Helps DoD Understand and Reduce Cost and Complexity for Defense Programs

The project will research the DoD acquisition phases and determine how producibility modeling can be deployed throughout the various phases

Wayne State University chosen as Michigan's sole participant in EcoCAR 2

EcoCAR 2: Plugging in to the Future, is a one-of-a-kind program established by the U.S. Department of Energy and General Motors

Advanced Solid State Battery Technology Pioneered by Sakti3 Named One of the World’s Most Important Emerging Technologies

Sakti3 could deliver the needed breakthrough by focusing on ways to economically mass-produce a new type of battery—a so called solid-state battery—that can safely store more energy than a traditional lithium-ion battery

Westin Detroit Metro Airport Named Among Top Three Airport Hotels in North America by Skytrax™

The annual Skytrax World Airport Survey collected responses from more than 11 million questionnaires distributed to passengers around the world

Quality Expert, Subir Chowdhury, Launches Non-Profit Individual Quality Initiative, The LEO Movement, in Michigan

Envisioned to become a global phenomenon in quality awareness, the movement is beginning with the State of Michigan.

Michigan Chamber of Commerce Opposed to Detroit Casino Tax Increase

The Michigan Chamber of Commerce is a statewide business organization representing approximately 6,800 employers, trade associations and local chambers of commerce.

Boyne Adds Ninth Course to Northern Michigan Golf Offerings

Hidden River Golf & Casting Club of Brutus, Michigan

TRW in Livonia to Open Expanded Technical Centre in Shanghai in 2013

The facility will be built in Anting and will be able to accommodate more than 1,000 engineers

Almost Two-Thirds of U.S. Auto Shoppers Considering More Fuel Efficient Vehicles

Restaurants, Summer Vacation Plans May Take Hit as Consumers Cut Back as Fuel Takes Bigger Budget Bite

Wayne State Student Artists Showcase Architecture/Landscapes

Public voting continues online through May 6 for Campus Art Installation Award

Museum Bronze

A longtime auto supplier promotes hands-on research and engineering skills from an elaborate museum in Auburn Hills.

YMCA Strong Kids Campaign at Hamilton Room in Birmingham

The YMCA of metro Detroit hosted its Strong Kids Campaign with a VIP reception and strolling dinner at the Hamilton Room in downtown Birmingham on April 14. Among the VIPs were Lem Barney, Jimmy King, Ricky Bryant, and Ron Rice. Photos by Patrick Gloria

Oakland County Bar Foundation 12th annual Signature Event

The Oakland County Bar Foundation held its 12th annual Signature Event at Oakland Hills Country Club in Bloomfield Township on April 15. The fundraiser drew more than 200 guests who helped raise money for local legal aid providers and legal education programs. The group has raised more than $1 million since 2002. Photos by Nick Martines

2012 Dodge Avenger R/T Model Makes its Worldwide Debut at the 2011 New York International Auto Show

Stiffened suspension, best-in-class horsepower, center-mounted tachometer and performance-inspired design give the 2012 Dodge Avenger R/T a performance edge

GM Names New Leaders for Brazil and Mexico Operations

Ernesto Hernandez appointed president and managing director of GM de Mexico

Hella Stays on Automotive Growth Path in the Americas

The company added more than 50 jobs in Illinois and Michigan last year and plans to fill more new positions throughout the Americas in 2011

Engineering Team for British SuperSonic Car Addresses Design Challenges with Troy-based Altair

On track to break the world land speed record, engineers rely on HyperWorks CAE software to develop and build the Bloodhound SuperSonic Car

TRIA—An American Brasserie to debut at The Henry in Dearborn April 28

TRIA will feature an Artisan Bench where chefs will teach, demonstrate and engage guests as part of the dining experience

Fuel Prices Will be Tipping Point for U.S. Electric Vehicle Consideration: Deloitte

A new survey released today by Deloitte shows that 78 percent of consumers in the United States would consider purchasing an electric vehicle (EV) when fuel prices reach $5.00 per gallon.

Inforum, Sphere Trending Unveil Report Focusing on the Female Consumer

New Report Looks at How Empowered Women are Transforming the Market for Consumer Goods

Chevrolet Debuts All-New Malibu in High Definition Web Broadcast

First automaker to stream vehicle unveiling in HD over the Internet

DTE Energy/ESD Energy Conference is May 10 in Novi

MEDC’s Mike Finney as Keynote Presenter

Blue Cross Blue Shield of Michigan introduces analytic tools to help employers navigate health care reform

The Blues will help employers understand the impact of complying with key health reform provisions, evaluate options and help their employees manage change

Seven Lessons for Investment Failure

As I was searching through the investment section of my Kindle (strange to hear, but maybe this is why Borders Books is struggling) for a book to download, I noticed there was no shortages of “expert” advise on investing and getting rich

New Crop of Taubman Scholars Named at the University of Michigan

Clinician-Scientists Receive Unrestricted Funding to Work Toward Cures

GMC 'Control Freak' Tech Avoids Crashes

StabiliTrak with traction control intuitively makes course corrections on GMC Terrain

DTE Energy Announces Site Selection For Three Thumb Wind Farms

More than 100 megawatts of power to be completed next year

2012 Camaro: 45th Anniversary Edition Boosts Power, Comfort

Sports car brings new, more powerful V-6, sport suspension and new technologies

Daimler Annual Shareholders' Meeting: "We are on a path of profitable growth"

In the first three months of 2011, the Daimler Group once again sold more vehicles than in the prior-year period

2012 Cadillac SRX Offers More Powerful 3.6L Engine

New engine delivers improved acceleration, E85 ethanol FlexFuel capability

World's Smallest Airbag Earns Takata 2011 Automotive News PACE Award

Innovative Manufacturing Process Using Vacuum Folding Technology Allows for 50 percent Reduction in Size

Fiat Increases Ownership of Chrysler to 30 Percent

The increase is the result of the Company's achievement of the second of three performance-related milestones

The Road Back

In the 1950s, the definition of success in metro Detroit and across the country was owning a home in the suburbs. Everyone, it seems, wanted a bigger slice of the planet.

Winning Futures at Opening Day

Winning Futures, a nonprofit goal setting, mentoring, and scholarship program for teens in metro Detroit, held an Opening Day Party on April 8 at the Gem Theatre in downtown Detroit. More than 400 people attended the event, which included a live and silent auction, a raffle, and a lunch buffet. Photos by Nick Martines

Ideal Group at Detroit Tigers Opening Day

The Ideal Group, a multi-faceted construction, industrial, and commercial products firm in southwest Detroit, held a suite party for the Detroit Tigers Opening Day game on April 8 at Comerica Park. The suite party was attended by business partners, VIP guests, and company employees. Photos by Nick Martines

Taubman, Take Two

A. Alfred Taubman, best known for developing luxury shopping malls in metro Detroit and across the country and has owned and operated dozens of businesses since 1950, now turns his talents to creating an $80-million movie studio in Pontiac.

Dow Corning Solar Solutions in Midland Launches Virtual Trade Show

New web-based experience allows visitors to explore from the comfort of their home or office

Fulton Innovation Shows Future of Wireless Power to the Gadget Show Live 2011

Michigan Company Demonstrates eCoupled™ Wireless Technology in the UK for the First Time with Qi Compliant Applications for Everyday Life

New Michigan Venture Capital Association Report states Combined Capital is $2.6B

Combined capital under management in Michigan has grown 206 percent in just five years

Tower International in Livonia Acquires Assets of W Industries in Detroit

W Industries had 2010 revenue of about $65 million and employs approximately 250 colleagues

Commercial Real Estate Women (CREW) Detroit Announces Fourth Annual CREW Careers™

April 28th Event Introduces Detroit High School Girls to Career Opportunities in the Commercial Real Estate Industry

Sowing Success

Dexter M. Ferry co-founded a Detroit company that grew into the world's largest seed supplier.

RedPlum Poll Reveals Rising Food and Gas Prices Lead to $20-50 Increased Weekly Spend

Consumers Want to Learn More About how to Save to Offset Costs

2012 Chevrolet Centennial Edition Corvette Celebrates Racing Heritage

Z06 Centennial Edition to be auctioned at Barrett-Jackson Palm Beach sale

ALTe Powertrain Technologies Offers Plug-in Electric Hybrid Powertrains

With the partnership, ALTe's fleet customers will be able to take their vehicle to a Manheim operating location and Manheim will retrofit their light trucks and vans

Art X Detroit Opening Night Reception

The Kresge Foundation kicked off the inaugural Art X Detroit: Kresge Arts Experience with an opening night reception at the Museum of Contemporary Art Detroit (MOCAD) on April 6. The five-day exhibition (April 6-10) offers newly commissioned works created by the 2008-2010 Kresge Eminent Artists and Artists Fellows. Photos by Patrick Gloria

WSU researcher awarded $900,000 to determine genetic link among Gulf War patients

For nearly two decades following the 1991 Gulf War, doctors noticed a trend in many of veterans of that conflict: an unexplainable cluster of symptoms including but not limited to chronic fatigue, memory loss, and depression

Outdoor Hub in Bingham Farms Announces Brand Launch

Company shifts name to better align itself with the outdoor industry

Sporting Goods Industry Hall of Fame Elects Ted Stahl of GroupeSTAHL in St. Clair Shores

Stahl is executive chairman of GroupeSTAHL, an international group of companies dedicated to providing a wide range of alternatives in garment decoration

Chevrolet Volt Wins Gold Medal in 2011 Edison Awards

OnStar Mobile App takes Silver in Remote Driving Aids segment

Art X Detroit Arrives in Midtown Detroit, April 6-10

The Kresge Foundation celebrates Detroit's culture and creativity with Art X Detroit - Nearly 50 free events, 38 artists and 17 venues in a five-day arts showcase throughout Midtown Detroit

Former Michigan Senator Donald W. Riegle on Protecting Social Security

Social Security currently has a $2.6 trillion surplus which has been building up since the 1983 amendments and is intended to help absorb the retirement of the baby boomers

Star Traders

Tapping artificial intelligence, a group of young investors and their computer program are outperforming traditional stock indexes.

U.S. Signal in Grand Rapids Offers Virtual Private Cloud Environments

Company is one of the first service providers in the Midwest to offer customers the opportunity to build Virtual Private Cloud environments

Karmanos Scientists Explore Role of Tumor Suppressor Gene in Inhibiting Prostate Cancer Cell Metastasis

The study was conducted on a cell line derived from the brain metastasis of prostate cancer in a patient

Commercial Litigator Rodger D. Young named Global Ambassador for Susan G. Komen for the Cure

Global Ambassadors assist Susan G. Komen for the Cure in its mission to end breast cancer by supporting the organization’s growth and programs at all levels

Ricardo in Van Buren Township Selected as Strategic Supplier to Jaguar Land Rover

Collaboration provides robust framework for product development

Orchards Children's Services 2011 Champions for the Children

Orchards Children's Services held its annual Champions for Children event at the historic Gem Theatre in downtown Detroit on March 31. The evening included a strolling dinner, live entertainment, and the honoring of Rodney Stuckey of the Detroit Pistons, Kroger Co., and the Orchards Summer Adventures Camp Steering Committee. Photos by Nick Martines

Michigan's Atlas Oil Acquires Ro-Di Oil Company; Enhances Indiana Footprint

Ro-Di Oil Company distributes approximately 10mm gallons of petroleum products annually in the central Indiana marketplace

Sales of Michigan wines in the state rose nearly 12 percent in 2010

Wine and grape industries contribute nearly $800 million to the state’s economy annually

FEV, Inc. to Show High Efficiency Combustion System at 2011 SAE World Congress

Demonstrator offers 17 percent fuel consumption reduction; Meets Euro 6 emissions standards without NOx aftertreatment

West Michigan's Tullymore Resort Offers Home Trade-In Program

If you commit to buying a house or condominium at Tullymore, the resort will buy your home off your hands for its appraised value

Oakland County, Michigan’s Medical Main Street welcomed five more life science companies

The total investment by the 15 companies who have settled on Medical Main Street is $61.69 million

Older and stronger: Progressive resistance training can build muscle, increase strength

Researchers at the University of Michigan say older adults don’t have to accept strength and muscle loss as they age

Patent for Innovative Composite Floor Pan Awarded to U.S. CAR

one molded fabric SMC floor panel could replace up to 17 steel parts and shed up to 25 pounds from the weight of a typical passenger car

Celani Family Vineyards Wine Dinner at Forest Grill

Celani Family Vineyards and the Forest Grill in Birmingham hosted a five-course wine dinner on March 29. The culinary affair featured five spice braised short ribs, duck breast and foie gras sausage, and chocolate gateaux. Photos by Nick Martines

Texas de Brazil to open in Downtown Detroit in May

Famous Brazilian Steakhouse Located At Compuware Building Celebrates First Michigan Location

Bell's Beer Signs on as Title Sponsor for the 2011 Bayview Yacht Club Mackinac Race

The officially titled "Bell's Beer Bayview Mackinac Race" sets sail on Saturday, July 23, 2011, in Southern Lake Huron, just north of the Blue Water Bridge

Ford Begins Building One of the World's First Digital Child Crash Dummies

Researchers started the project after monitoring and studying injury trends for children who generally are more vulnerable in crashes

SAE International 2011 World Congress Career Fair Offers Opportunities for Mobility Professionals

The career fair will be held Tuesday, April 12 and Wednesday, April 13, from 10 a.m. to 6 p.m. at the SAE World Congress in Detroit

A Fish Tale: Joe Vicari and Joe Muer III

Veteran restauranteurs to open 250-seat Joe Muer's Seafood Restaurant in the former Seldom Blues space inside Detroit’s Renaissance Center.

2010 Year-End Analysis Shows Ford, GM, Toyota Lead in Automotive Loyalty, According to Polk

Overall industry brand loyalty rates increase to 47.9 percent; 13 percent annual increase in consumers returning to market for new vehicles in 2010

Dough Team

With access to capital all but tapped, an Ann Arbor couple’s dream of selling unique artisan flatbreads to the masses was in jeopardy.

Troy-based ArvinMeritor, Inc. Changes Its Name to Meritor, Inc.

Announces "MTOR" as NYSE Ticker Symbol

Economic Development Veteran Paul Krutko Selected Ann Arbor SPARK President, CEO

Krutko will join Ann Arbor SPARK on April 18 and will oversee the organization's continued efforts to expand economic opportunities in the Ann Arbor region

U-M Study: Personal income up, but are we better off?

Although U.S. personal income per capita has risen 5.7 percent since 2000, an increase in tax-exempt benefits provided by the government and employers accounted for all of the income growth

Miller Canfield Hosts Consul General of India

The India legal team from Miller Canfield hosted a private lunch reception with special guest, The Honorable Mrs. Mukta D. Tomar, Consul General of India in Chicago on March 25 at the Townsend Hotel in Birmingham. Topics of discussion included the promotion of trade between India and the United States, the current business climate of India, and recent changes to the Indian budget. Photos by Christine Hathaway

Keynote Speakers Added to Rust Belt to Artist Belt III Conference, April 6-7 in Detroit

Six Keynote Speakers, More than 60 Subject Matter Experts Confirmed
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Business Features

Taubman, Take Two

A. Alfred Taubman, best known for developing luxury shopping malls in metro Detroit and across the country and has owned and operated dozens of businesses since 1950, now turns his talents to creating an $80-million movie studio in Pontiac.

Star Traders

Tapping artificial intelligence, a group of young investors and their computer program are outperforming traditional stock indexes.

Dough Team

With access to capital all but tapped, an Ann Arbor couple’s dream of selling unique artisan flatbreads to the masses was in jeopardy.

Shifting Gears

General Motors has turned the corner on profitability — aided, in large part, by a government bailout. But to get ahead, it can’t afford to repeat the mistakes of the past.

From a Trailer to a Multimillion-Dollar Research Clinic

How one U-M doctor is charting a course for bringing breakthrough cancer research out of the lab and delivering it directly to patients.

Banker’s Trust

A small bank in Bingham Farms eschews tradition for personal service.

Playoff Bound?

Off-season moves could boost attendance and wins

The Century Club

No one can afford to rest on their laurels, including the many metro Detroit businesses and organizations that have lasted 100 years or more.
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From the Magazine

Hiring Well Improves the Bottom Line

Key skills are essential for business leaders as the economy picks up.

The Road Back

In the 1950s, the definition of success in metro Detroit and across the country was owning a home in the suburbs. Everyone, it seems, wanted a bigger slice of the planet.

Sowing Success

Dexter M. Ferry co-founded a Detroit company that grew into the world's largest seed supplier.
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