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Amazon Leads $700M Investment Round in Plymouth Township’s Rivian

Plymouth Township’s Rivian today announced an equity investment round of $700 million led by Seattle’s Amazon. The investment comes soon after the introduction of the company’s all-electric R1T pickup and R1S SUV at the Los Angeles Auto Show in November 2018. Other details about the investment were not disclosed.

Detroit Boat Show, Including New Nautical Products, Cruises into Cobo Center Feb. 16-24

It may be frigid outside, but inside Cobo Center, Feb. 16-24, all thoughts will be on the coming summer during the Detroit Boat Show, which is expected to draw more than 60,000 boaters and other interested consumers in from the cold.

Livonia’s Hotel Boom Continues With New Holiday Inn, More in Pipeline

Livonia has seen three hotels constructed in the last three years, with the latest – Holiday Inn Hotel Northwest, located at 17123 Laurel Park Drive N – now open.

Leaders Named for Historic Ford House, Fair Lane Estate

The boards of trustees of the Edsel and Eleanor Ford House in Grosse Pointe Shores and Fair Lane, Home of Clara and Henry Ford in Dearborn, Thursday announced the appointment of Mark Heppner as president and CEO of Ford House, and Bob Bury as president and CEO of Fair Lane.

Troy’s Automation Alley to Present 2019 Technology in Industry Report April 29 at DIA

Automation Alley is poised to present its 2019 Technology in Industry Report titled “From Vision to Implementation” on April 29 at 8 a.m. at the Detroit Institute of Arts. The report is designed to help manufacturers keep pace with rapid technological change.

Upper Peninsula’s Historic Birch Lodge to be Updated

Birch Lodge, a hospitality retreat on the National Register for Historic Places located on the shores of Trout Lake in the Upper Peninsula, is undergoing a comprehensive restoration.

Beaumont Health Announces Retailers for Royal Oak’s Woodward Corners

Beaumont Health today announced retailers for Woodward Corners, a $32.8-million, 117,000-square-foot commercial development located at the southwest corner of 13 Mile Road and Woodward Avenue in Royal Oak.

Taubman in Bloomfield Hills Sells Shares of Three Asian Shopping Centers for $480M

Bloomfield Hills-based Taubman Centers Inc., a large luxury shopping mall developer, has agreed to sell 50 percent of its Taubman Asia’s interests, worth $480 million, in three Asia-based shopping centers to funds managed by The Blackstone Group in New York City.

Detroit Looks to Sell Lee Plaza to Roxbury Group, Ethos Development Partners for Redevelopment

Detroit officials say the city intends to sell the historic Lee Plaza to a venture being formed by Roxbury Group and Ethos Development Partners, both in Detroit, for redevelopment. The building is located along W. Grand Boulevard, near Linwood Avenue, and the project is estimated to cost more than $50 million.

William Davidson Foundation for Entrepreneurship to Provide Educational Experiences at The Henry Ford in Dearborn

The Henry Ford in Dearborn today announced the launch of the William Davidson Foundation Initiative for Entrepreneurship, made possible by a $1.5-million grant, that allows the institution to provide the next generation of entrepreneurs hands-on learning experiences.

Detroit’s Guardhat to Collaborate with IBM Watson on Enhancing Digital Work Wear

Detroit’s Guardhat, an industrial safety technology company specializing in digitally connected wearables, infrastructure, and software platforms, Wednesday announced it will collaborate with IBM Watson Internet of Things (IoT) to provide near real-time situational awareness using smart personal protection equipment.

FCA’s Pentastar Engine Production Hits 10-Million Mark

The 10-millionth Pentastar engine, which powers 16 current and future FCA U.S. vehicle models, came off the assembly line at the automaker’s Trenton Engine Complex Wednesday.

Livonia’s Sigma International Acquires Majority Interest in South Korea’s CINOS

Sigma International, a Livonia-based Tier-1 global automotive decorative trim supplier, has acquired a majority interest in CINOS, an LED lighting supplier based in South Korea. Details of the acquisition were not disclosed.

Report: Employees’ Tech Expertise Outpacing Their Companies’

According to the 2019 Tech Vision report from Detroit’s Accenture, 68 percent of Detroit business executives say their employees are more digitally mature than their organizations, creating workforces that are waiting for the organizations to catch up.

Ann Arbor’s May Mobility Adds $22M in New Investment for its Self-driving Shuttles

Ann Arbor’s May Mobility today announced that Millennium New Horizons and Cyrus Capital Partners have joined its investor-base, co-leading a $22-million Series A round, with LG Technology Ventures and Thayer Ventures participating with return investors BMW i Ventures, Maven Ventures, Toyota AI Ventures, and Y Combinator.

Dynamic Map Platform to Acquire Livonia Mapping Company Ushr Inc.

Dynamic Map Platform Co. Ltd. in Tokyo has agreed to acquire Livonia mapping company Ushr Inc., which will establish a single, enhanced platform for accelerated development and delivery of high-definition mapping solutions for autonomous vehicles and advanced driver-assistance systems. Terms of the deal were not disclosed.

GoJet at Detroit Metro Airport Selected to Fly Bombardier’s New, 50-seat CRJ550 Jet

Chicago-based United Airlines has selected GoJet, a regional airline operating as United Express and Delta Connection, to fly Bombardier’s new aircraft, the CRJ550. The companies have executed a letter of agreement to operate the aircraft for 10 years. GoJet is headquartered in St. Louis and has a crew base in Romulus.

Detroit’s Bedrock Manufacturing to Design, Produce Marc Jacobs Watches

Marc Jacobs International and Detroit’s Bedrock Manufacturing have agreed to design, produce, and launch a collection of Marc Jacobs watches.

Southfield’s 123Net Partners with Stockholm’s Telia Carrier to Expand High-speed Fiber in Michigan

123Net, a large data center services provider based in Southfield, today announced it has partnered with Telia Carrier, a Stockholm-based telecommunications company and owner and operator of a large high-speed fiber network, to provide service to the Michigan market. Telia Carrier’s U.S. headquarters are in Washington, D.C.

Port Huron’s Wirtz Manufacturing Invests in Missouri’s ZAF Energy Systems

Port Huron’s Wirtz Manufacturing, a lead-acid battery design and technology company, has invested in ZAF Energy Systems Inc., a Missouri-based developer of next-generation battery technology. Terms of the investment were not disclosed.

Northrop Grumman Chairman Wesley Bush Joins GM's Board of Directors

Wesley G. "Wes" Bush, chairman of Northrop Grumman Corp., has been elected to the General Motors Co. board. The announcement was made Monday. He is the 13th member of the GM board, 12 of whom are non-employee directors.

Survey: MMTC Helped Michigan Manufacturers Create, Retain Jobs, Sales

The Michigan Manufacturing Technology Center, with its main office in Plymouth Township, helped create or retain more than 10,000 jobs and assisted in $251 million in new sales, according to the 2018 client impact survey conducted for the center by an independent third party, the Fors Marsh Group of Virginia.

Michigan Chamber in Lansing Outlines Legislative Priorities for 2019-2020

The Michigan Chamber of Commerce in Lansing Monday identified seven issue areas as legislative priorities for 2019-2020: education and workforce readiness, employer rights, energy and environment, health care, infrastructure, legal reform, and tax climate.

Acuitas in Lansing Partners with Detroit-, Chicago-based River Strategies

Lansing’s Acuitas, a government relations and advocacy group, and River Strategies, a full-service marketing and public relations firm with offices in Detroit and Chicago, Monday said they have launched a partnership.

Macomb County Tops Country for Manufacturing Job Growth

The U.S. Department of Labor Bureau of Labor Statistics recently reported that Macomb County is the top county in the nation for the creation of new manufacturing jobs.

Michigan Mobility Institute Announces First Members of Advisory Board

The Michigan Mobility Institute today announced the first members of its advisory board. The institute’s goal is to design training for the new jobs that will be created in the mobility industry in the metro Detroit region.

Wolverine Packing Opens New Storage, Packing Facility in Detroit’s Eastern Market

Detroit’s Wolverine Packing Co. has opened a new, 180,000-square-foot, state-of-the-art meat storage and packing plant in Eastern Market. It is Wolverine’s fifth processing plant and contains its second freezer with a 20,000-pallet capacity.

Report: Money Management Keeps Women’s, Older Entrepreneurs’ Small Businesses Afloat Despite Lower Revenue, Slower Growth

The JPMorgan Chase Institute, based in New York, has released a new report that shows conservative cash management strategies may play a key role in the survival of businesses owned by female entrepreneurs and those older than 55, despite experiencing lower revenue and slower growth than their younger male counterparts.

New York-based KKR Invests in Rochester’s OneStream Software

Rochester’s OneStream Software, a provider of cloud or on-premise corporate performance management (CPM) solutions for medium to large enterprises, Thursday announced it will receive an investment from New York’s KKR, funded through KKR’s private equity and growth equity funds. Details of the transaction were not disclosed.

Geffen/UMe to Celebrate Queen of Soul with Restored 'Songs of Faith: Aretha Gospel' Album

Universally hailed as the Queen of Soul, the late Aretha Franklin is being honored by Los Angeles-based record producer Geffen/UMe with a restored version of one of her earliest recordings, “Songs of Faith: Aretha Gospel,” in time for what would have been her 77th birthday on March 25.

Public Health, Economic Power Focus of Oakland County’s State of the County Speech

Public health was at the forefront of Oakland County Executive L. Brooks Patterson’s 2019 State of the County speech, which was delivered Thursday at the new corporate headquarters for United Shore in Pontiac.

Ram Adds Multifunction Tailgate to 1500; FCA Reports 2018 Results; Profit-Sharing Checks on Way

In a busy week, Ram Truck unveiled a new multifunction tailgate for its Ram 1500 that gives the pickup greater utility, while FCA US reported 2018 financial results and announced that its 44,000 UAW members will receive profit-sharing checks of approximately $6,000 on March 8.

U.S. Army Awards General Dynamics Contract for Stryker Technical Support Services

The U.S. Army has awarded Sterling Heights’ General Dynamics Land Systems a contract worth up to $402 million for Stryker Brigade Combat Team systems technical support.

Digital Home Closings Now Available in Michigan Through Troy’s eTitle Agency

Troy’s eTitle Agency Inc., a national provider of title and settlement services, Tuesday announced it will offer digital home closings in Michigan, which could reduce closing times to 15 minutes or less, down from about 90 minutes.

Rochester Hills’ Oakland University Announces $20M Wilson Hall Expansion

Oakland University in Rochester Hills plans to expand Wilson Hall. The $20.5-million project was approved by the board of trustees on Thursday, and construction costs will be covered by bonds, general reserves, and university debt reserves.

Lansing’s Michigan Land Bank Fast Track Authority to Offer Loans to Redevelop Publicly Owned Properties

The Michigan Land Bank Fast Track Authority in Lansing has released a new loan program designed to entice local land banks to redevelop publicly owned properties.

Novi’s DexKo Global Acquires Australian Commercial Vehicle Chassis Manufacturer

DexKo Global Inc., the Novi-based manufacturer of highly engineered trailer running gear, chassis assemblies, and related components for commercial vehicles, signed an agreement to acquire Australia’s Preston Chassis Industries Pty Ltd. for unspecified terms.

Report: Restaurant Industry Grew in 2018, Industry Leaders Optimistic for 2019

The Michigan Restaurant and Lodging Association’s fourth-quarter 2018 results on the state’s restaurant industry report that it grew in 2018, and restaurant leaders are optimistic for a strong 2019.

Detroit’s Children’s Hospital of Michigan Opens Neuro-Neonatal Intensive Care Unit

Children’s Hospital of Michigan in Detroit has developed Michigan’s first Neuro-Neonatal Intensive Care Unit for preterm and term newborns who have neurological complications.

Waterford Township’s Summit Place Mall Site to House Oakland County Business Center

The former Summit Place Mall in Waterford Township is slated for demolition in the beginning of April to make space for the Oakland County Business Center.

Chevrolet Unveils All-New 2020 Silverado HD at Flint Assembly Plant

Chevrolet debuted the full lineup of its all-new 2020 Silverado HD, what the manufacturer calls “the strongest, most capable Silverado HD ever.” The unveiling took place Tuesday at General Motors Co.’s Flint Assembly plant, where the truck is built.

Detroit’s Michigan Opera Theatre to Present Famed Ballet Dancer and Duets on Feb. 16

Detroit’s Michigan Opera Theatre will present “Alessandra Ferri: Art of the Pas de Deux,” a program featuring the ballet legend and others on Saturday, Feb. 16. The Valentine’s weekend will also offer Ballet with Your Beloved, a pre-show dinner.

GM Reports $11.8B in 2018 Earnings, Down 8.3 Percent from 2017

Amid continued protests over plant closings and the involuntary separation of thousands of white-collar employees, General Motors Co. today reported 2018 earnings of $11.8 billion, down 8.3 percent from the automaker’s 2017 numbers. As a result, workers can expect profit-sharing checks of more than $10,000.

University of Michigan in Ann Arbor Closes Capital Campaign with $5.3B

The University of Michigan in Ann Arbor has wrapped up its Victors for Michigan campaign and reported it received $5.3 billion in gifts. The campaign closed Dec. 31, and more than 398,000 donors gave 2.4 million individual gifts over more than seven years.

Youngsoft of Wixom Acquires India’s ABSYZ Software Consulting to Bolster Project Delivery Capabilities

Wixom’s Youngsoft Inc. has acquired a majority stake in India’s ABSYZ Software Consulting Pvt. Ltd. to fortify its consulting and project delivery capabilities. Terms of the deal were not disclosed.

Livonia’s Kurtis Kitchen and Bath Enters Joint Venture with California’s Reborn Cabinets

Livonia’s Kurtis Kitchen and Bath has formed a new cabinet refacing division called Home Solutions by Kurtis as part of a joint venture with California’s Reborn Cabinets, the company announced Monday.

Clark Hill in Detroit Merges with Irish Law Firm

Clark Hill, a Detroit-based law firm, today announced it has merged with O’Gradys Solicitors, a law firm based in Dublin, Ireland. The agreement marks the firm’s first office in the European Union. Details of the deal were not disclosed.

Red Level in Novi Acquires Grand Rapids’ C/D/H

Novi’s Red Level, a technology services company, has acquired Grand Rapids’ business and technology consultancy C/D/H. Details of the transaction were not disclosed.

Warren’s Eckhart Inc. Acquires Indiana’s Gasper Engineering

Eckhart Inc., a Warren-based engineering company, today said it has acquired Gasper Engineering, a full-service industrial automation systems integrator and specialty machine builder in Indiana.

Southfield’s Icahn Automotive Acquires Florida’s RPM Automotive

Icahn Automotive Group in Southfield Monday completed its acquisition of RPM Automotive, expanding its presence in the southeastern U.S. Icahn owns and operates auto repair and maintenance providers Pep Boys, AAMCO, and Precision Tune Auto Care.

Hibino USA acquires Ann Arbor Lighting Company TLS Productions

TLS Productions, an audio, lighting, and rigging company, has been acquired by Hibino USA, a division of Japan’s Hibino Corp., which will give the Ann Arbor-based entity more global capabilities and increase Hibino’s U.S. presence. Terms of the transaction were not disclosed.

Ambassador Bridge Lowers Tolls, Opens Third Lanes

Ambassador Bridge officials Monday announced the commuter toll will decrease from $4.60 and $4 to $2.60, effective Feb. 18.

Michigan Chamber ‘Disappointed’ with Governor’s Environmental Oversight Executive Order

The Michigan Chamber of Commerce Monday issued a statement expressing “disappointment” in Gov. Gretchen Whitmer's executive order eliminating the recently established environmental oversight committees. The Michigan Chamber says it believes the move will reduce public access to Michigan's rulemaking and environmental permit processes.

U-M, MSU Researchers Among Finalists for NASA Challenge to Create Greenhouse for Mars

Students from Ann Arbor’s University of Michigan and East Lansing’s Michigan State University are finalists for a challenge set forth by NASA and the National Institute of Aerospace to provide ideas for the design, installation, and sustainable operation of a habitat-sized greenhouse for Mars. The announcement was made Monday.

Plymouth Township’s Freudenberg Secures Majority Interest in Battery, Fuel Cell Company XALT Energy

Freudenberg Sealing Technologies of Plymouth Township, a large auto supplier, today announced it has become majority stakeholder of XALT Energy, a Midland-based developer and manufacturer of lithium-ion technology solutions targeted for heavy-duty mobility applications.

Detroit’s Peninsula Capital Invests in American Alloy; Sells Pro-Vac Platform

Detroit-based Peninsula Capital Partners has completed an investment in precision parts manufacturer American Alloy of Spokane Valley, Wash., and has sold its interest in another Washington company, Pro‐Vac, a provider of hydro‐excavation and related services. Terms of the transactions were not disclosed.

Farmington Hills’ Safety Technology Holdings Acquires UK Laser Company

Safety Technology Holdings in Farmington Hills Friday announced it has acquired OpTek Systems, a United Kingdom-based manufacturer of laser processing equipment and provider of micro-machining and optical fiber processing services. Terms of the agreement were not disclosed.

Elite Detection K9 Launches in Rochester Hills to Breed Scent-detection Labradors, Seeks Hosts for Mother Dogs

Elite Detection K9, a new Leader Dogs for the Blind company in Rochester Hills, breeds, raises, and trains scent-detection Labradors and other working breeds as well as provides certified K9 teams.

Allendale’s GVSU and East Lansing’s MSU Form Partnership to Study Water-related Issues

Allendale-based Grand Valley State University Friday announced it has signed a memorandum of understanding with Michigan State University in East Lansing to collaborate on water-related issues and projects.

New Salvaging Sound Exhibit Highlights Work of Detroit Sound Conservancy at Detroit Historical Museum

The Detroit Historical Museum is hosting Salvaging Sound, an exhibition highlighting the work of the Detroit Sound Conservancy, now through April 7.

Detroit Proposes Signage Regulations

The City of Detroit today introduced an ordinance that would update the city’s signage and advertisement regulations, bringing codes up to current national standards.

Nexteer Automotive in Auburn Hills Opens Software Center, Production Facility in India

Auburn Hills’ Nexteer Automotive Wednesday opened two new facilities in southern India – a software center in Bengaluru and a production facility in Chennai.

FCA Skips Super Bowl TV Ads in Favor of Social Media Strategy; Ram Sales Up 24 Percent in January

Auburn Hills’ FCA U.S. is foregoing television Super Bowl ads this weekend in favor of what it’s calling a “Big Game Blitz” strategy of advertising on digital and social media channels.

Livonia’s CIGNEX Datamatics Partners with California Company to Expand Automation Services

CIGNEX Datamatics, a Livonia consulting company that offers solutions and services on open source, cloud, and automation technology, today announced it has partnered with Automation Anywhere, a California company specializing in cognitive robotic process automation and digital workforce platforms.

Motown Museum Hosts Second Annual Black Legacy Program Event

In honor of Black History Month, the Motown Museum said today that it will host its second annual Black Legacy Program, a public event celebrating both black multigenerational and millennial owned and operated businesses in Detroit, and honoring the entrepreneurial legacy of the Gordy family. It will take place on Wednesday, Feb. 20 from 6-8 p.m. at 12c (formerly NextEnergy), located at 461 Burroughs St.

Blog: Banks Must Keep Up With the Digital Revolution

It’s clear that digital devices have become the go-to method to conduct nearly every kind of transaction, whether it’s shopping, streaming movies and music, ordering food, or planning a trip to northern Michigan.

Birmingham Developer Files Federal Lawsuit Against the City Over Bates Street Extension Project

TIR Equities, a real estate development firm, and its principal, Ara Darakjian, this week filed a lawsuit against the City of Birmingham over a large, mixed-use project that it had bid on as part of a request for proposal issued by the municipality in 2017. Four developers originally bid on what’s called the Bates Street Extension Project, and two continued through the process.

Albireo Energy of Detroit’s Huron Capital Acquires EMS Technologies

Detroit private equity firm Huron Capital today announced its New Jersey-based building automation and network integration solutions company, Albireo Energy, has acquired EMS Technologies, which offers building automation and network integration solutions.

Nonprofit Support Group for Rare Bone Cancers Forms in Ann Arbor

The Sarcoma Coalition, a nonprofit collaboration of sarcoma advocacy organizations from around the country, Tuesday announced its formation in Ann Arbor. Sarcomas are cancers of the bony skeleton as well as muscle and other tissues attached to, supporting, or joining those bones.

Suburban Collection Showplace Offers Outdoorama Expanded Venue

Outdoorama will expand its floor space and offerings when it opens on Feb. 28, due to the recent 100,000-square-foot expansion at the Suburban Collection Showplace in Novi.

Detroit’s LIFT Installs Troy’s HELLER Machining Center to Create Full-scale Parts In-house

Lightweight Innovations for Tomorrow, a national manufacturing innovation institute based in Detroit’s Corktown district, today announced the HELLER FP 6000 5-Axis Machining Center has been installed and is ready for use at the company’s research and manufacturing facility.

Automation Alley in Troy Seeking Host Plants for MI Smart Factory Tour Program

Automation Alley in Troy, the state’s Industry 4.0 knowledge center, is looking for companies with advanced manufacturing plants to host college students from across the country during its new MI Smart Factory Tour program.

Dearborn’s Ford Uses 3-D Virtual Reality Tool for Design

Ford Motor Co. in Dearborn Tuesday announced its designers have started to work with Gravity Sketch, a 3-D virtual reality tool that enables designers to use a headset, controllers, and gestures to create a design seemingly in mid-air. The goal is to make more human-centric vehicles and unleash creativity.

Sterling Heights’ Spotlight Labs Introduces Helmet Insert to Help Military Pilots

Spotlight Labs in Sterling Heights today announced the immediate availability of its SPYDR hypoxia sensor, a fully developed helmet insert that gathers human biometric and aircraft condition data, detects and warns pilots of their imminent incapacitation, and records high-fidelity flight data for post-flight analysis and improved flight outcomes.

Researcher at East Lansing’s MSU Studies ‘Zombie Cells’ in Attempt to Prevent Alzheimer’s

A professor at Michigan State University in East Lansing has been awarded nearly $3 million from the National Institute on Aging to study Alzheimer’s disease and how old, ineffective cells may cause it.

University of Michigan Leads $25M Program to Detect Nuclear Activity, Weapons

The University of Michigan in Ann Arbor is taking the lead on a $25-million project funded by the National Nuclear Security Administration. The project will advance technologies to identify bomb-making nuclear materials, find secret nuclear weapons facilities, and detect nuclear detonators around the world.

Livonia’s Valassis Acquires GET1FREE of San Diego, Continues Growth in Local Marketing Solutions

Livonia-based Valassis says it has acquired GET1FREE Inc. in San Diego, a direct mail company reaching more than 1 million homes across California with coupons, deals, and promotions. It is the 14th addition to Valassis’ local marketing solutions portfolio since 2015, and will integrate with Valassis-owned Clipper magazine.

Element Hotel Opens in Historic Metropolitan Building in Detroit

Element Hotels, based in Maryland and part of Marriott International, and Detroit’s Roxbury Group and Means Group, Monday announced the opening of Element Detroit at the Metropolitan, debuting the eco-focused hotel brand in Michigan in a restored 92-year-old neo-Gothic building in Detroit’s entertainment district.

Detroit’s Huron Capital Acquires 2 HVAC Companies via its Pueblo Mechanical and Controls Platform

Huron Capital, a Detroit private equity firm, today announced Pueblo Mechanical and Controls, its Arizona-based HVAC installation, retrofit, and repair services platform, has acquired two additional businesses — Newgaard Mechanical Inc. and CFM Mechanical. Details of the transactions were not disclosed.

Funeral Organization Platform Everdays in Birmingham Reaches $100M Valuation With Most Recent Series A Funding

Everdays, a Birmingham-based social platform that builds communities around milestone life events, today announced the close of its Series A funding round, bringing its valuation to nearly $100 million in 20 months since its launch. The round brought the company $12 million.

MPS Group in Farmington Hills Acquires Canada’s Abednego Environmental

Farmington Hills’ MPS Group, which offers specialized industrial and waste management services, has acquired Abednego Environmental, a provider of industrial wastewater treatment and comprehensive automotive paint services in Canada. Terms of the deal were not disclosed.

Employment, Commercial Law Firms in Birmingham, Mount Clemens Merge

Kienbaum Opperwall Hardy and Pelton, an employment law firm in Birmingham, and Viviano Law, a commercial law firm in Mount Clemens, Monday announced a merger to become Kienbaum Hardy Viviano Pelton and Forrest. The new firm’s offices will remain in the same locations. Details of the merger were not disclosed.

Suburban Collection Opens New Ford Dealership in Waterford Township

The Suburban Collection has opened a new 100,000-square-foot Ford dealership at 6975 Highland Rd. in Waterford Township to meet growing consumer demand, particularly for Ford trucks, including medium and heavy-duty, and SUVs.

Eaton Expands North America Aftermarket Product Portfolio with Mobile Power Hydraulics Agreement

Eaton, a large auto supplier with operations in Galesburg, east of Kalamazoo, says its vehicle group’s aftermarket division has reached a distribution agreement with Spain’s Bezares SA to become the North American master distributor for its mobile power hydraulic portfolio.

Detroit’s Chemical Financial to Merge with Minnesota’s TCF, Combined Headquarters Slated for Detroit

Chemical Financial Corp. in Detroit today announced it has entered into an all-stock merger of equals transaction with TCF Financial Corp. in Minnesota. TCF will merge into Chemical, and the combined holding company and bank will operate under the TCF name and brand. Details of the transaction were not disclosed.

Southfield’s Lear Reports Year-end Net Income of $1.15B, Sales of $21B

Southfield’s Lear Corp., a global supplier of automotive seating and electrical and electronic systems, reported sales of $21.1 billion and net income of about $1.15 billion for the full year 2018.

Chevrolet Offers New Corvette Drivers Series Model ’Vettes

On the eve of last weekend’s Rolex Daytona 24 sports car race in Daytona Beach, Fla., Chevrolet introduced the 2019 Corvette Drivers Series special edition Grand Sport models designed in collaboration with the Corvette Racing team. The new packages are available this spring and have an additional MSRP of $4,995 for 1LT and 2LT trims and $5,995 for the 3LT trim to the base Corvette MSRP of $55,900.

Washington D.C.’s Pie Insurance Expanding to Michigan

Washington D.C.’s Pie Insurance has announced it now offers workers’ compensation insurance to small businesses in Michigan, New York, Pennsylvania, Maryland, and Nebraska. Office locations will be announced at a later date.

Detroit Medical Center Partners with Team Wellness Center on Opioid Treatment Program

The Detroit Medical Center has announced it has created the Crisis Addiction Response Team (CART) addiction recovery program in an effort to decrease opioid overdoses and deaths in the Detroit region.

Universal Robots, VersaBuilt Robotics to Launch New Direct Interface for Cobots, CNC Machines at California Trade Show

Universal Robots, whose North American headquarters is in Ann Arbor, and Boise, Idaho’s VersaBuilt Robotics, are launching a new cobot-CNC machine interface at the ATX West trade show that is designed to allow communication between the CNC machine and the cobot tending it.

Denso in Southfield Expands to Software, Realigns North American Organizational Structure

Denso, a global mobility supplier that has its North American headquarters in Southfield, Thursday announced it has added software-based solutions to its hardware expertise. As part of the change, the company has realigned its North American organizational structure.

University of Detroit Mercy Reaches $100M Capital Campaign Ahead of Schedule, Fundraising Continues

The University of Detroit Mercy has reached its $100-million campaign goal a year ahead of schedule, college officials announced Thursday.

Great Lakes Business Intelligence and Big Data Summit Set for March 7 in Troy

WIT, a Troy-based analytics consulting firm that offers data visualization, data management, analytics strategy, and data science, has announced it will hold its seventh annual Great Lakes Business Intelligence and Big Data Summit.

2019 Ram Heavy Duty Laramie Longhorn Makes Its Debut

Fiat Chrysler Automobiles in Auburn Hills has unveiled the luxury Southwestern-themed Laramie Longhorn Edition for its 2019 Ram 2500 and 3500 heavy duty pickups, complete with real wood, leather, and steel trim on the interior, and large belt-buckle badging on the exterior.

Foot Locker Opens First U.S. Power Store in Eastpointe

Foot Locker Inc. today opened its first U.S. “Power Store” on Eight Mile Road in Eastpointe, featuring more than 8,500 square feet of retail space offering footwear, apparel, and accessories for men, women, and kids.

Choice Hotels to Bring WoodSpring Suites to Michigan

Choice Hotels International Inc. of Rockville, Md., says it will develop 27 new WoodSpring Suites hotels throughout Michigan, North Carolina, Florida, and Tennessee over the next several years. Locations of the Michigan properties were not disclosed.

Report: 86% of Metro Detroit Companies Plan to Hire Tech Talent in 2019

A new survey by Accenture, a professional services company based in Detroit, has reported that 86 percent of companies in metro Detroit plan to hire new tech talent in 2019, with one in five planning to increase their technology workforce by more than 50 percent.

Michigan Opera Theatre Gets $4M Grant from William Davidson Foundation

Michigan Opera Theatre has received a $4 million grant from the William Davidson Foundation, one of the largest single gifts in MOT history.

Mootz Pizzeria and Bar to Open in Downtown Detroit, Offer New York-style Pizza

Mootz Pizzeria and Bar in downtown Detroit will open to the public Monday, Jan. 28 and feature New York-style pizza, as well as starters, salads, hoagies, pasta, and a full beer, wine, and cocktail menu.

Tigers Move to Mobile-Only Entry at Comerica Park for 2019 Season, Starting with Saturday’s TigerFest

The Detroit Tigers have decided to employ mobile ticketing as the primary method of entry to Comerica Park for all events this season, starting with Saturday’s TigerFest.
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  1. Waterford Township’s Summit Place Mall Site to House Oakland County Business Center
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  3. Macomb County Tops Country for Manufacturing Job Growth
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  4. Public Health, Economic Power Focus of Oakland County’s State of the County Speech
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  6. Southfield’s 123Net Partners with Stockholm’s Telia Carrier to Expand High-speed Fiber in Michigan
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