Annual 2018

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East Lansing’s MSU Faculty to Lead $50M Project to Strengthen African Agriculture Higher Education

Michigan State University in East Lansing will lead a study commissioned by the World Bank to identify how agricultural universities can respond to emerging new skill requirements of Africa’s agricultural workforce.

Michigan Capital Advisors in Bloomfield Hills Invests in Wixom’s Ventech

Bloomfield Hills’ Michigan Capital Advisors, a private equity firm focused on the automotive and transportation industries, today announced it has invested in Wixom’s Ventech. Terms of the transaction were not disclosed.

U-M in Ann Arbor Receives $20M Gift to Expand Michigan-Israel Research Partnership

The University of Michigan in Ann Arbor has received a $20-million D. Dan and Betty Dahn Foundation gift to expand collaboration among researchers at the university, Technion-Israel Institute of Technology, and the Weizmann Institute of Science in Israel.

Universal Logistics in Warren Acquires Utah’s Specialized Rail Service Inc.

Warren’s Universal Logistics Holdings Inc., an asset-light provider of customized transportation and logistics solutions, has acquired Specialized Rail Service Inc. in Utah. The purchase price was $12.3 million, subject to customary post-closing adjustments.

Rochester Hills’ Rochester College to Change Name to Rochester University

Rochester College in Rochester Hills Saturday announced it will change its name to Rochester University, reaffirming its foundation as a Christian university and serving as a commitment to continual improvement.

Blog: Bringing Humanity Back to the Workplace

Last month as we celebrated one of my team member’s service anniversaries, it struck me that I was witnessing a quiet revolution. Artificial intelligence and machine learning may be transforming every aspect of every industry, but people at all levels — in offices, factories, and workspaces across the country — are craving authentic and respectful connections.

Retail Tenants Announced For Bedrock’s Shinola Hotel in Downtown Detroit

Bedrock has announced four retail tenants that are coming to the 1400 Woodward block in Detroit, immediately north of the former Hudson’s department store, which includes its Shinola Hotel as well as neighboring mixed-use buildings.

Macy’s Completes Store Improvements at Somerset Collection in Troy and Twelve Oaks Mall in Novi

Macy’s today announced that its department stores at the Somerset Collection in Troy and Twelve Oaks Mall in Novi have completed updates and additions including physical changes, new technology, staffing changes, expanded assortments, and more.

General Motors Announces Extended Bumper-to-bumper Limited Warranty on New Vehicles

General Motors Co. in Detroit today announced that effective immediately, customers buying new vehicles will have the opportunity to purchase an extended bumper-to-bumper limited warranty resulting in five years or 60,000 miles of coverage (whichever comes first) for Chevrolet and GMC customers, and six years or 70,000 miles for Buick and Cadillac customers.

Detroit’s Huron Capital Partners Acquires Vermont-based Novelty Sock Company

Detroit’s Huron Capital Partners, a lower-middle-market private equity firm, today announced its socks and apparel accessories platform, IQ Brands, has acquired Wheel House Designs, a producer of novelty socks to stores and boutiques throughout North America. The deal marks the fourth add-on acquisition for the IQ Brands platform. Terms of the deal were not disclosed.

Detroit-based Quicken Loans to Open Technology Office in Downtown Windsor

Quicken Loans Inc. in Detroit, one of the nation’s largest home mortgage lenders, and its family of affiliated companies, today announced plans to open a new office in the historic Old Fish Market Building (156 Chatham St. West) in downtown Windsor, Ontario.

Ann Arbor’s U-M Rogel Cancer Center Partners With Connecticut’s Aetna to Offer Value-based Care Model

The University of Michigan Rogel Cancer Center in Ann Arbor and Connecticut-based Aetna Friday announced a collaboration to create a value-based oncology medical home that is designed to improve the care experience for cancer patients. The arrangement began on Oct. 1.
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