March-April 2012

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Inside Business

Shifting Gears

Jaffe Raitt Heuer & Weiss Elects Bill Sider as CEO

DTE Energy to Host Open House for Potential Wind Suppliers

O'Keefe & Associates Win Turnaround Awards

Director also honored with top award.

Chrysler Strengthens Commitment to City of Detroit

CEO Marchionne and staffers move into Dime Building.

Plymouth Auto Supplier to Manufacturer Electronic Products In Brazil

HELLA to Partner With Emicol Eletro Eletronica.

Taubman Centers Post Strong First Quarter Results

Mayor Bing Names Appointments To Financial Advisory Board

lante Moran CRESA Hires Vice President of Consulting for Senior Living Sector

DTE Energy Reports First Quarter 2012 Results

New Ford Escape EPA-Certified at 33 MPG

University of Phoenix Detroit Campus Appoints New Director of Academic Affairs

Ford reports $1.4B profit in First Quarter

Wake Up Detroit!

We are sleeping through opportunities to get our equity back.

Fisker Opens Dealership in Farmington Hills

Former Polish President Lech Walesa Visits Chrysler’s Jefferson Assembly Plant

Oakland Economy Will Keep Adding Jobs




County gained more than 23,000 jobs in 2011, report shows.

Second U-M Stem Cell Line Now Publicly Available To Help Researchers Treat Nerve Condition

Charcot-Marie-Tooth disease line made from a never-frozen donated embryo.

DeVos introduces $15 Million Fund to Invest in Ideas

Start Garden fund designed to help ideas become start-up businesses.

Report: Michigan Economy Spikes in February

Comerica's Michigan Economic Activity Index shows increase.

Meijer Launches Seafood Sustainability Initiative

Comprehensive certification program to be completed by end of 2012.

Sakthi Automotive Receives State Support for New Detroit Facility

Project expected to generate up to $18.6 million in private investment and 180 jobs.

Chrysler Posts $473 Million Profit First Quarter

Automaker pushes sales up 33 percent from a year ago.

AlixPartners Announces Majority Investment from CVC Capital Partners to Expand Worldwide

Detroit Downtown Consortium Selects Karp and Associates for Capitol Park Redevelopment

Rehabilitation of three buildings projected to cost about $85 million.

Detroit Regional Chamber and Torino Chamber Sign Pact to Drive Economic Development

New Website Helps Homebuyers Pinpoint 'Perfect' Neighborhood

PicketReport.com can research residental lifestyles, crime, schools, and more.

Ricardo Appoints David McShane as Vice President of Business Development

BorgWarner to Supply Clutch Technology for Transmission Programs in China

Emergency Financial Manager Needed to Oversee Auto Insurance Costs

FEV Displays Ford 1.0L EcoBoost Engine at SAE World Congress

Green Team

A business incubation center in Detroit practices what it preaches.

SAE Study: Engineer Salaries, Employment Prospects Improve in 2012

Michigan Pre-Seed Capital Fund Invests $2M in Nine Start-Ups

Henry Ford Hospital Performing Same-Day Cardiac Catheterization

New technique allows some patients to recover at home the same day.

Chrysler Foundation Pumps Up Support to Michigan High Schools

Additional $40,000 Given to FIRST Robotics Competition Championship Finalists.

Taubman To Start Construction on New Mall in Sarasota

New 880,000-Square-Foot Shopping Center at University Town Center near I-75.

Protean Electric Announces Key Partners for Global Production of Electric Drive Motors

Report Submitted on M-1 RAIL Feasibility

City leaders outline project's need, impact on Detroit.

Army Fuel Efficient Concept Vehicle Debuts in Detroit

Unveiling this week at Annual Society of Automotive Engineers World Congress.

Airstream Adds New Dealership in Metro Detroit

National RV Welcomes Iconic American Airstream to Belleville.

Telemus Capital Partners Again Named Among Barron’s Top 100 Financial Advisors

Dykema Forms Strategic Alliance With Sino Ambassadors

Alliance to Focus on Expanding Opportunities in China Market.

Beyond Basics Annual Dinner

Celebrating its 10th anniversary, Beyond Basics held a fundraising dinner on April 19 at Lovett Hall next to Henry Ford Museum in Dearborn. Beyond Basics teaches Detroit Public School students to read at or above grade level in six weeks by pairing them one on one with a certified tutor. Photos by Patrick Gloria

Arrow Strategies 10th Anniversary

A Native American full-service staffing company, Arrow Solutions celebrated its 10th anniversary on April 19 at its headquarters in Bingham Farms. The event included a strolling dinner, assorted beverages, and live music.

Detroit Businesses Sign-Up for Project Lighthouse

Wolverine Worldwide Announces Joint Venture In India

BRABUS Hybrid Sedan Powered by Protean In-Wheel Motors Debuts in Detroit

Compuware Report: Major Companies Saved Millions with Mainframe Efficiency

Land of the Lost

Frustrated by delays in acquiring key property in Detroit, private companies and individuals are brazenly taking city-owned land for their own gain.

Bob Lutz to Give Keynote Address at AIAG Supply Chain Summit

Auto event to share best practices and recommendations to handle higher volumes in the automotive supply chain.

U-M Medical School plans education expansion

$55 million project will create more room for hands-on learning.

Detroit Hispanic Development Corp. Partners Breakfast

Providing life-changing opportunities to more than 11,000 families in southwest Detroit, the Detroit Hispanic Development Corp. hosted the 5th Annual Partners Breakfast on April 19 at its headquarters on Trumbull Street. Photos by Patrick Gloria.

Tequila Sunrise

How a turnaround expert got a taste of a new industry.

Governor, Treasurer Dillon and Mayor Bing Make Appointments to Financial Advisory Board

Robert Bowman, CEO of Major League Baseball Advanced Media LP and Darrell Burks, a senior partner at PricewaterhouseCoopers are among those appointed.

MSXI Appoints Reilly as Chairman, Asia Pacific

Michigan Film Office Approves Feature Film "Beside Still Waters" for Incentive

Michigan Business and Professional Association Supports Hearing on Personal Property Tax

New U-M Hospitals Recognized for Energy, Environmental Design and "Green" Building Process

C.S. Mott Children's and Von Voigtlander Women's Hospitals get Silver LEED certification from U.S. Green Building Council.

NIH Research Team at DMC/WSU Finds Window of Opportunity for Cerebral Palsy Prevention

Findings released "indicate that it is possible to identify neuroinflammation at the time of birth and to treat it using anti-inflammatory agents coupled with nanodevices," says Dr. Roberto Romero, Chief of the Perinatology Research Branch, NICHD/NIH

DTE Energy Announces Next Wind Park in Huron County

Oliver, Chandler townships to host fourth site.

Detroit Institute of Arts Exhibitions May–December 2012

Spanish masters, Modern art superstars, a French designer and an American rocker highlight schedule.

PDA Q&A

An interview with Steve Lovett, Vice President of corporate and campus development, Health Management Systems of America, Detroit.

The Motor City Goes Motorless

Bikes are overtaking cars as the vehicle of choice for commuters and weekend warriors.

McLaren Health Plan Announces Intent to Acquire CareSource Michigan

McLaren Health Plan today announced it has reached an agreement to purchase CareSource Michigan.

Economic Development Corporation Approves $1.0 Million Loan for Woodward Theater

Additional funding will come from the Michigan Strategic Fund and the Detroit Casino Loan Fund will provide the other $250,000.

U-M Among First to Offer Courses Through Groundbreaking Online Approach

At least seven U-Michigan professors will offer free online courses using a new web-based platform called Coursera.

Former GM Stamping Plant Site Reborn as Site36

The primary goal for the site is to secure one or two major manufacturers, ideally Fortune 100-type companies.

Custom 45th Anniversary Chevrolet Camaro Auctioned for $150,000

Donated by GM, proceeds from the auction will benefit the Barbara Ann Karmanos Cancer Institute.

SBA’s 2012 Michigan Small Business Award Winners Announced

The U.S. Small Business Administration has announced the winners of its 2012 Michigan Small Business awards, including four Midwest regional winners and two National awardees.

2012 Detroit Jazz Festival Announces Lineup

The 33rd annual festival will take place over Labor Day weekend in Hart Plaza.

Higher Oil Costs Could Speed Up the Use of New 'Green' Materials

Old U.S. paper money may help reduce petroleum dependence in future Fords.

54th Annual Target Fireworks Set for June 25

VIP Rooftop Party will benefit the Michigan Thanksgiving Parade Foundation.

Detroit Jazz Festival 2012 Lineup Luncheon

The Detroit Jazz Festival announced the 2012 lineup during a luncheon on April 17 at the Detroit Athletic Club. To be held Aug. 31-Sept. 3 (Labor Day weekend), the lineup includes the Wynton Marsalis Quintet, Pat Metheny, Sonny Rollins, and George Benson. Photos by Patrick Gloria.

Detroit Business Conference Set for April 24

TRW's Electric Park Brake Technology Gains Momentum in the North American Market

Launch of Electric Park Brake technology expected in the 2013 model year.

AT&T Expands Mobile Internet Wireless Capacity in Oakland County

Additional spectrum expected to improve connectivity.

Medical Main Street to Host Inaugural “Inno-Vention” Medical Device Conference

Medical Device Manufacturers Association President chosen as keynote speaker.

Down on the Farm

Michigan's booming agricultural sector, especially urban framing, offers the best hope of revitalizing Detroit.

ULI Michigan To Recognize Sidney Forbes with 2012 Lifetime Achievement Award

The founder of The Forbes Company is being recognized for his contributions to real estate development and the quality of life in the metropolitan community.

Magna E-Car Systems Debuts New Manufacturing Facility

Magna E-Car Systems announced today the grand opening of its latest facility in Grand Blanc Township.

Production Begins on the ROUSH 2013 Mustang Predator

In addition to the ROUSH/Ford package, MWW will also be supplying ROUSH Performance retail components for the 2010, 2011 and 2012 Mustangs.

ALTe Powertrain Technologies and Club Assist Announce Development Project on Plug-In Electric Hybrid Powertrain for Fleets

The project will provide information and feedback to ALTe and will allow Club Assist to generate road-tested metrics on plug-in electric hybrid benefits.

Dodge Announces Pricing for the All-new 2013 Dodge Dart With a Starting U.S. MSRP of $15,995

The all-new 2013 Dodge Dart will begin arriving in U.S. dealer showrooms in June 2012.

Lowery Named 2012 Michigan Small Business Person of the Year

John Lowery, President of Applied Imaging with six offices in Michigan, has been named the 2012 Michigan Small Business Person of the Year by the U.S. Small Business Administration (SBA).

Raising the Stakes

Detroit’s gaming market — the fifth largest in the United States — is facing increased competition as eight more casinos are proposed in Michigan, with another four under development in Ohio.

Detroit businesses, state and local partners to train talent for IT industry

Foundry Group's Jason Mendelson to Keynote Michigan Growth Capital Symposium

Midwest's Leading Venture Capital Event Also Unveils Partial List of Presenting Companies

SAE International to Hold Electric Motors Symposium on April 23 in Detroit

What's New for 100-Year-Old Companies

University of Michigan's Student-led Social Venture Fund Makes First-of-its-Kind Investment in LearnZillion

SAE International 2012 World Congress Set to Begin April 24 in Detroit

"Get Connected" theme represents the new and diverse connections that will drive significant advancements in the auto industry of tomorrow.

Plug In

Growing sales of electric vehicles jolt demand for charging stations.

Study: Proposed Fuel Economy Rules Cut 7 Million Car Buyers Out of New-Vehicle Market

College students and working families among those who would be affected by the proposed rules.

Hatch Detroit Partners with Comerica Bank

Comerica to provide sponsorship, in-kind contributions to support retail development in Detroit.

Beaumont Health Systems Announces Executive Appointments

Appointments include the first female president of a Beaumont hospital.

DTE/ESD Energy Conference Addresses MI Industries’ Efficiency Needs

Brogan & Partners Announces New Client, C2AE

Constructing the Future of Michigan

Adopting highly efficient building principles in the public sector will spur economic activity.
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Business Features

Shifting Gears

Green Team

A business incubation center in Detroit practices what it preaches.

Land of the Lost

Frustrated by delays in acquiring key property in Detroit, private companies and individuals are brazenly taking city-owned land for their own gain.

Tequila Sunrise

How a turnaround expert got a taste of a new industry.

Down on the Farm

Michigan's booming agricultural sector, especially urban framing, offers the best hope of revitalizing Detroit.

What's New for 100-Year-Old Companies

Plug In

Growing sales of electric vehicles jolt demand for charging stations.

Engineering a Comeback

The Century Club

Rain Dance

A Detroit entrepreneur grabs a larger share of the Blue Economy.

Yottabing, Yottabyte

Managing, changing, and storing data is about to get easier -- and less expensive.
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From the Magazine

Constructing the Future of Michigan

Adopting highly efficient building principles in the public sector will spur economic activity.

The Hull Story

Long before the automotive industry roared to life, shipbuilders were a dominant force in Detroit.

Economics 101

The Obama administration and Congress, out to prove they are smarter than everyone else, have set a fuel economy mandate that is arbitrary and wanting of basic science.
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