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Ford Announces Global Leadership Team Appointments

Following the announcement that Jim Hackett would replace Mark Fields as president and CEO on Monday, Ford Motor Co. today announced senior leadership appointments worldwide, completing Hackett’s newly reorganized team.

DTE Biomass Energy Acquires Renewable Natural Gas Facilities Near Houston

DTE Biomass Energy, an Ann Arbor-based subsidiary of DTE Energy in Detroit, today announced the acquisition of two landfill gas-to-energy projects in Texas —Ford Bend Power Procedures facility outside of Rosenberg (west of Houston) and the Seabreeze landfill gas development project in Angleton (south of Houston).

GMC announced upgrades to the 2018 Yukon Denali lineup, including styling and trim enhancements and a new 10-speed automatic transmission.

GMC announced upgrades to the 2018 Yukon Denali lineup, including styling and trim enhancements and a new 10-speed automatic transmission. The Yukon Denali’s new 10-speed automatic leverages the engineering experience of General Motors Co.’s multispeed transmissions to deliver improved performance. A wider, 7.38 overall gear ratio spread, compared to the vehicle’s previous eight-speed automatic, enables a lower numerical top gear ratio and contributes to greater efficiency.

Chevrolet Named Official Vehicle of Little Caesars Arena

Chevrolet and Olympia Entertainment today announced the expansion of their partnership, making Chevrolet the official vehicle of the upcoming Little Caesars Arena. The two also are official vehicle partners at Comerica Park, home to the Detroit Tigers.

Verve Continues Expansion, to Open Southfield Location June 1

Verve, a New York-based location-powered mobile marketing company, today announced its continued expansion in the Detroit market, opening a new sales office in Southfield, the company’s seventh worldwide. The team will focus on regional sales and client services, serving local brands and advertisers including Ford Motor Co., FCA US, General Motors Co., and The Mars Agency.

Bird Bee Boutique Opens Today in The Albert in Detroit

After operating as a pop-up and an online retailer, clothing and accessories boutique Bird Bee today opens its first brick and mortar location at The Albert in Detroit’s Capitol Park. The soft opening will begin at 5 p.m., followed by a grand opening on Thursday, June 1 from 5-8 p.m., where shoppers can enjoy refreshments and special discounts.

Olympia Entertainment Selects Delaware North Sportservice as Food, Beverage, Retail Provider for Little Caesars Arena

Delaware North Sportservice — a division of global hospitality and foodservice provider Delaware North — has been named the food, beverage, and retail partner for Little Caesars Arena. The 20,000-seat arena is scheduled to open in September at Woodward Avenue and Henry Street.

Sistine Chapel Choir to Perform in Detroit for First Time on Sept. 23

Often referred to as “The Pope’s Choir,” the Sistine Chapel Choir, in partnership with Corporate Travel in Dearborn Heights and the Archdiocese of Detroit, today announced its first Detroit performance, taking place Saturday, Sept. 23 at the Detroit Opera House.

U-M Procedure Could Cut 99.9 Percent of Validation Costs for Autonomous Vehicles

Mobility researchers at the University of Michigan in Ann Arbor have devised a way to test autonomous vehicles, bypassing the billions of miles needed for consumers to consider them ready for the road.

Steelcase Health Makes Patient Rooms More Conducive to Families

Grand Rapids-based Steelcase Health, a designer of healthcare spaces and a division of Steelcase Inc., today announced Surround, a collection of healthcare furnishings designed to support family members in patient settings.

MidMichigan Health Announces $57M Construction Project, $30M for Heart and Vascular Center in Midland

Midland-based MidMichigan Health, a non-profit health system affiliated with Ann Arbor’s Michigan Medicine, today announced a $57 million construction project, $30 million of which is dedicated to a new Heart and Vascular Center at its Midland campus.

Detroit’s Historic 40 Davenport Building in Midtown to Undergo $12M Renovation

Birmingham-based developer Broder and Sachse Real Estate and Detroit officials today announced an agreement to maintain housing in Midtown Detroit’s 40 Davenport St., formerly known as the Milner Arms Apartments.

Dodge Announces Pricing for 2018 SRT Demon, Owners Can Upgrade for $1

Auburn Hills automaker FCA US today announced pricing for the 2018 Dodge Challenger SRT Demon, a muscle car with 808 horsepower, which starts at a manufacturer’s suggested retail price of $84,995. The price includes a $1,700 gas guzzler tax, but not a $1,095 destination fee. However, prospective Challenger SRT Demon owners looking to unleash the vehicle’s full potential can do so for $1.

Macy’s Outlet to Debut at Fairlane Town Center in Dearborn

Macy’s Backstage, a retail outlet for the upscale department store, will make its metro Detroit debut inside the Macy’s Fairlaine Town Center in Dearborn on Saturday, June 17. A cross between a department store and outlet, Macy’s Backstage spotlights new products in a faster schedule within a smaller, easy-to-shop environment.

Detroit to Host 2018 USA Volleyball Girls’ Junior National Championships

USA Volleyball today announced that Detroit will host the 2018 USA Volleyball Girls’ Junior National Championships (GJNC) on June 25 at Cobo Center. The competition will bring more than 1,208 teams, approximately 12,000 players, and more than 25,000 spectators to the city. A total of 26 titles will be awarded in five divisions and seven different age groups ranging from 11-and-under to 17-and-under.

Report: Parental Support for Skill Trades Career Paths Grows

A report released today by the Home Builders Association of Michigan (HBA Michigan) showed nearly 70 percent of Michigan parents would support the idea of their child pursuing a career in construction or other related skilled trades. The poll, consisting of 600 active voters, was conducted by Marketing Resource Group and demonstrated that 82.4 percent of voters would support a millage or other public funding to create and maintain vocation programs that attract and retain more students in skilled trades.

Mission Point Management Services Plans Skilled Nursing and Rehab Center for Detroit

Troy-based property management company Mission Point Management Services today announced plans to partner with Slavik Building and Development, Welbrook Senior Living, and Pierre and Hany Boutros after acquiring the former St. Mary’s Adult Foster Care Residence in Detroit. The company has plans to construct a 59-bed skilled nursing and rehabilitation facility, including 54 private suites, fully accessible private bathrooms, a full rehab center, dining and recreation facilities, and concierge services.

2018 Chevrolet Equinox Features Leaner Body for Safer Driving Experience

The redesigned Chevrolet Equinox debuted yesterday after shedding 400 pounds, nearly 10 percent of its mass, for a nimbler, more responsive driving experience. The vehicle’s mass-efficient body structure was designed and optimized for increased safety capability, and helps make the most of the available turbo engine options.

Ford Appoints Jim Hackett to Succeed Mark Fields as CEO

Dearborn automaker Ford Motor Co. today announced it has appointed Jim Hackett as president and CEO following former CEO Mark Field’s retirement after 28 years with the company. Hackett has served as executive chairman of Ford Smart Mobility since March 2016, and was formerly CEO of Steelcase Inc. and interim athletic director at the University of Michigan in Ann Arbor.

Consumers Energy Invests $440M to Enhance Safety, Reliability of Natural Gas Systems

Jackson-based energy provider Consumers Energy today announced $440 million in investments to modernize its natural gas system through upgrade projects including infrastructure replacement, growth, and pipeline integrity.

April Housing Permit Activity in Metro Detroit Sustains 2017’s Strong Start

A total of 401 single-family construction permits were issued across Macomb, Oakland, St. Clair, and Wayne counties in April, according to data compiled by the Home Builders Association of Southeastern Michigan (HBA) in Farmington Hills.

Report: National, Local Business Leaders say Detroit Must Invest in Small Businesses

The Kresge Foundation, a Troy-based private grant-making organization that supports social investing, has released its 2017 Detroit Reinvestment Index. The report builds on research regarding what national and local business leaders think about Detroit as a place to live, work, and start or sustain a business.

Dow Signs Agreement for Coatings and Silicones Investments in Saudi Arabia

Midland-based Dow Chemical Co. has announced two agreements to advance the company’s strategic innovation agenda in Saudi Arabia have been signed. Under the deal, Dow will construct a manufacturing facility to produce a range of polymers for coatings and water-treatment applications, and undertake a feasibility study related to a proposed investment in the company’s performance silicones franchise.

IT Security Provider Barracuda Networks to Expand in Ann Arbor

With support from Ann Arbor SPARK and Michigan Economic Development Corp., IT solutions provider Barracuda Networks is expanding in Ann Arbor. The company plans to add 115 new jobs in downtown Ann Arbor over the next four years.

Henry Ford to Offer Innovative Cancer Screenings for Dense Breasts

In a first for Michigan, the Henry Ford Cancer Institute is introducing a new and advanced molecular breast imaging system to screen women with dense breast tissue, who are at an increased risk for breast cancer.

Robertson Larson Group Offers New Condo Development in Downtown Birmingham

A new residential condominium development, called 750 Forest and located in Birmingham’s Triangle District, will be developed from an existing mid-rise building located at 750 Forest Avenue. The location is across the street from Forest, an upscale restaurant.

Architectural Engineering Firm to Open Detroit Office on Woodward

Fishbeck, Thompson, Carr, and Huber, an architectural engineering firm in Novi with more than 60 years of experience, has announced it is opening an office in downtown Detroit.

5Qs With Jason Kavanaugh, President and CEO of Concorde Holdings

Jason Kavanaugh, president and CEO of Concorde Holdings in Livonia, a private financial advising firm comprised of Concorde Investment Services, Concorde Asset Management, and Concorde Insurance Agents, helped form a Detroit Chapter for Entrepreneur’s Organization (EO) several years ago. DBusiness Daily News interviewed Kavanaugh about his current role at Concorde and his thoughts on Detroit’s business landscape and what it takes to be an entrepreneur.

Whirlpool to collaborate with Google Home on Smart Appliances

Whirlpool Corp. appliances are going to be getting a little smarter due to a new partnership with Google that is designed to bring voice-control capabilities through the Google Assistant on Google Home to new smart home appliances launching across Whirlpool’s brands.

Guardian Alarm in Southfield Eyes Acquisition Targets Following Recent Sale

The recent sale of Guardian Alarm in Southfield to two U.S.-based investment firms will assist the company with adding new products and technologies, expand its customer base and employment levels, launch a new marketing campaign later this year, and assist in acquiring other security firms.

GM Restructures International Markets to Strengthen Global Business Performance

Detroit automaker General Motors Co. today announced key restructuring actions throughout its GM International operations to drive stronger financial performance and focus its capital on business opportunities expected to deliver higher returns.

Troy’s North American Bancard Holdings Acquires Total Merchant Services

Troy-based North American Bancard Holdings (NAB), a multi-faceted payment solutions provider, today announced the acquisition of California-based Total Merchant Services (TMS). The agreement makes the combined entity the seventh largest processor in terms of merchant locations in North America, processing nearly $50 billion annually.

Wayne State University Opens Geology Mineral Museum in Detroit

Wayne State University today announced a new Geology Mineral Museum, which includes a collection of minerals once owned by inventor Thomas Edison and a 4.5 billion-year-old meteorite, the first of its kind in Detroit. Located on the lower level of Old Main at Cass and Warren avenues, the museum will open to the public on May 19 and will feature the university’s collection of thousands of geological specimens.

U-M Awarded $20M Federal Grant for Great Lakes Research  

The University of Michigan in Ann Arbor announced a five-year, $20 million grant from the federal government to form a research institute focused on sustainable management of the Great Lakes. The Cooperative Institute for Great Lakes Research, which will be hosted by U-M and funded by the National Oceanic and Atmospheric Administration (NOAA), represents a partnership between nine universities across the region, as well as non-governmental organizations and private businesses. 

Digital Disruption, Strategic Leadership to Highlight 2017 Detroit CIO Executive Leadership Summit

As digital disruption continues to reshape the competitive business landscape, HMG Strategy will host the Detroit CIO Executive Leadership Summit at the Westin Book Cadillac Hotel on Thursday, June 1. The event will feature an executive panel discussion that will explore how chief information officers (CIO) are positioned to lead the digital agenda, followed by keynote speaker Sonny Hashmi, managing director of global government for cloud-storage company Box.

5Qs With Dan Carney, President of the National Kidney Foundation of Michigan

Dan Carney has been president and CEO of the National Kidney Foundation of Michigan for over 30 years, and though he's never needed a transplant or dialysis, he’s learned a lot about the causes of kidney failure, how to prevent it, and what life is like for those working to manage the chronic condition. The organization will be hosting its 21st annual Kidney Walk on Sunday, May 21 at the Detroit Zoo in Royal Oak to raise funds and awareness for the organization. 

Report: Autonomous Vehicles Will Reduce Collision Repair Revenue 48 Percent by 2030

According to a report by the KPMG U.S. Manufacturing Institute Automotive Center in Detroit, original equipment manufacturers (OEMs) will see a 48 percent decrease in collision repair revenue following the onset of autonomous vehicles. The report projects that the industry, which accounted for $5.6 billion in 2015, could drop to $2.7 billion in combined annual revenue by 2030, and $1.4 billion by 2040.

Chevrolet Debuts Track-ready ZL1 1LE 2018 Camaro

The 2018 Camaro lineup is now headlined by the track-day model, the ZL1 1LE, which includes racing-based suspension, aero technologies, and Goodyear Eagle F1 supercar 3R summer-only tires, making the model the most extreme track-focused Camaro to date.

Exlterra in Hazel Park Installs India’s First Groundwater Recharge Technology

Hazel Park-based environmental technology company Exlterra today announced the installation of its patented Energy-Passive Groundwater Recharge (EGRP) system at the Sushma Medicinal Ayurvedic Research Trust (SMART) EcoPark, an interactive learning space in Mumbai, India. The system has been engineered to work with the surrounding environment to increase water penetration, as part of efforts to revitalize India’s dwindling aquifers.

Re/Max Eclipse Opens Bloomfield Hills Office

Re/Max of Southeastern Michigan has opened the Re/Max Eclipse office in Bloomfield Hills, located at 4190 Telegraph Rd. (just south of Long Lake Road). The office is owned and managed by broker Levan Wood.

Valassis’ Total Loyalty Solutions Mobile App Targets Small and Medium-sized Businesses

Livonia-based media delivery solutions provider Valassis today announced new data-driven customization features through the Total Loyalty Solutions (TLS) mobile app builder. The new feature, called Advanced Rewards, equips small and medium businesses (SMBs) with the same caliber programs used by large restaurant chains and big box stores.

5Qs for Patrick Rugiero, Chairman of Life Directions Tribute Gala

Patrick Rugiero, executive director of the Roman Village Restaurant Group, which includes Roman Village Cucina Italiana in Dearborn and Antonio’s Cucina Italiana locations in Dearborn Heights, Canton Township, and Farmington Hills, is chairman of the Life Directions 44th Annual Spark of Hope Tribute Gala fundraiser.

Ford’s Garage Restaurant Set to Open in Late June in Dearborn

Ford’s Garage, designed as a neighborhood gourmet burger restaurant that caters to automotive enthusiasts, car clubs, and the general public, will open a 250-seat location along Michigan Avenue in Dearborn by the end of June. Ford Motor Co. officially licenses the restaurant.

General Motors Collaborates to Begin Work on Sustainable, Natural Tires

Detroit automaker General Motors Co. has begun working with tire manufacturers to change the global rubber and tire supply chain to create sustainable, environmentally sound products for its vehicles. GM says the commitment to sourcing sustainable natural rubber in its tires will help drive the industry towards net-zero deforestation, as well as better support human and labor rights.

Aldi to Renovate 20 Metro Detroit Stores, Invest $28M by 2019

Global discount supermarket chain Aldi today announced stores across metro Detroit will begin restorations, as part of the company’s nationwide plan to remodel and expand more than 1,300 stores nationwide by 2020. More than $28 million of the company’s $1.6 billion investment across the U.S. will be allocated to renovating 20 Detroit-area stores by the end of 2019.

Judge Rules Partridge Creek Restaurant Cannot Use Muer Name

A Macomb County Circuit Court judge has prohibited a seafood restaurant initially named Muer’s Table + Bar from using the Muer family name. The restaurant was planned to occupy the former Tin Fish space at the Mall at Partridge Creek in Clinton Township, before restauranteur Joe Vicari, who owns all Joe Muer related trademarks and recipes, filed to stop the new restaurant’s owners, who are not affiliated with the company.

Actor Hill Harper Acquires Detroit Roasting Plant Coffee in First National Building

Actor, author, and entrepreneur Hill Harper — whose on-screen credits include CSI: NY and Homeland — has purchased Downtown Detroit’s Roasting Plant Coffee from its founder, Mike Caswell. The coffee shop is known for its proprietary Javabot system, which allows customers to craft a custom drink in approximately one minute.

Faurecia to Develop and Manufacture Fuel Cell Tanks for Electric Vehicles

Auburn Hills-based automotive equipment supplier Faurecia today announced the acquisition of exclusive access to the intellectual property and process information of composite hydrogen tanks from Stelia Aerospace Composites. With Stelia’s support, Faurecia is now able to design, industrialize, and commercialize high pressure hydrogen tanks made of carbon fiber composites for fuel cell electric vehicles.

Consumers Energy Program to Help Michigan Businesses Use 100 Percent Renewable Energy

Pending approval from the Michigan Public Service Commission, Jackson-based energy provider Consumers Energy today announced a proposed plan that would enable large businesses statewide to be powered by 100 percent renewable energy.

Delta Airlines Tests Facial Recognition, Self-Service Bag Drop

Atlanta-based Delta Airlines, which operates a major hub at Detroit Metropolitan Airport, today announced four self-service bag drop machines that are expected to be added in Detroit. The new technology, to be introduced at Minneapolis-St. Paul International Airport this summer, represents a $600,000 investment that allows customers to quickly and securely check their own bags.

Crestmark Acquires Florida-based Allstate Capital

Troy-based bank Crestmark today announced the acquisition of Allstate Capital, a Florida-based provider of equipment leasing. The company will now be part of Crestmark’s leasing division, Crestmark Equipment Finance Inc., a wholly owned subsidiary of Crestmark and report to Scot Lund, Crestmark’s first vice president and head of small ticket leasing.

Hosco Acquires Aerospace Components Manufacturer

Wixom-based Hosco Holdings, a finishing system components and engineering solutions manufacturer, today announced the acquisition of Classic Precision Inc., an aerospace fuel delivery and combustion component manufacturer, also based in Wixom.

Valentine Distilling Co. Wins Double Gold Awards for Mayor Pingree Bourbons

Two of Ferndale-based Valentine Distilling Co.’s bourbons ranked in the highest class at the San Francisco World Spirits Competition last month. Forty-three spirits experts participated at the Hotel Nikko from April 20-23, where judges critiqued more than 2,100 entries through blind tasting, awarding the bronze, silver, gold, and double gold medals.

5Qs with Mark Lifter, President, Detroit Yacht Club Foundation

The Detroit Yacht Club Foundation is hosting its Fifth Anniversary Gala Fundraiser to continue the preservation and restoration of the clubhouse and other facilities on May 19. DBusiness Daily News interviewed Mark Lifter, president of the DYC Foundation, about its $100,000 fundraising goal and how the event proceeds will impact changes around the club.

Benton Harbor-Based Whirlpool Corp. Opens EMEA Headquarters in Milan

Whirlpool Corp. in Benton Harbor today announced the opening of a new headquarters for the company’s Europe, Middle East, and Africa (EMEA) offices in Milan, Italy. Italian Prime Minister Paolo Gentiloni dedicated the new facility in a ceremony attended by several Whirlpool executives and Italian government officials.

Dow Launches $12B in Comprehensive Investments for Long-Term Growth

Midland-based Dow Chemical Co. today announced the next phase of comprehensive investments over the next five years to further enhance its competitive advantage and deliver earnings growth. The company says the investments will stimulate economic activity, primarily in the United States, while also creating a significant number of jobs tied to manufacturing and infrastructure investments.

Ford Creates GT Supercar to Test Future Technologies

Designers and engineers at Dearborn’s Ford Motor Co. designed the GT Supercar to win races, but also to serve as a test bed for new technologies and ideas for future vehicles across the company’s lineup.

Michigan-based Farm + Ferment Acquires Arbor Brewing Co.

Michigan’s Farm + Ferment today announced the acquisition of Ann Arbor’s craft beer brand Arbor Brewing Co., through a sale by ABC Brew Holding and ABC Brew Production. As part of the deal, Farm + Ferment acquired the membership interests of Arbor Brewing Co. founders Matt and René Greff, and the other investors in both Arbor Brewing Co. and Corner Brewery.

Properties in Detroit’s New Center District Listed For Sale

Bloomfield Hills-based Income Property Organization, a customized brokerage services company, today announced the offering of a portfolio of properties located in Detroit’s New Center district, including two apartment communities and one single-family home, for a total of 89 units.

Detroit Startup Week Adds Adds Women Entrepreneurship Programming

Detroit Startup Week, which runs May 22-26 at the Masonic Temple in Detroit, has announced the addition of a women’s entrepreneurship track to the programming lineup. Local businesswomen will convene during Detroit Startup Week, which will host a variety of sessions designed to support women on their path to becoming entrepreneurs or growing already established businesses.

Caucus Club to Re-Open in Detroit’s Penobscot Building on May 12

Caucus Club, a fine dining restaurant in Detroit that ran from 1952-2012, will re-open under new ownership on May 12. The 6,000-square-foot restaurant, located at 150 West Congress St., will offer an art deco-inspired, club atmosphere for 155 diners.

Spring Cargo Numbers Signal Gains for Great Lakes-Seaway Shipping Industry

Though the season began on March 20, spring cargo numbers from the St. Lawrence Seaway and U.S. ports are indicating a stronger year for the Great Lakes-Seaway shipping industry. According to data from the Chamber of Marine Commerce, total cargo shipments via the Seaway totaled 3.7 metric tons over the last two months, an 8 percent increase over 2016.

DTE Energy Collaborates on Restaurant for Upcoming Park in Downtown Detroit

Detroit-based DTE Energy today announced a partnership with local restauranteurs Norm and Bonnie LePage to operate a restaurant that will anchor the company’s new public park, located at Cass and Grand River avenues, just east of the company’s headquarters. DTE’s new park is located between the entertainment district, the Central Business District, and Corktown.

Beyond Sneakers: StockX Adds Watches, Handbags to World’s First Stock Market of Things

Detroit-based StockX has announced its expansion into the watch and handbags secondary markets, which is estimated at more than $50 biliion combined. The company launched its online secondary market for sneakers in Feb. 2016, and expects to pass $100 million in gross merchandise value this year.

Local Filmmaker Keith Famie Launches Trailer for Alzheimer’s Documentary

After losing his father to Alzheimer’s, local filmmaker Keith Famie knew he wanted to dedicate time to delve deeply into the disease. He recently launched the first trailer for his 12-part documentary, “On the Front Lines of Alzheimer’s,” which he plans to create over the next few years.

5Qs With John Rakolta Jr., Chairman and CEO of Walbridge

John Rakolta Jr., chairman and CEO of Walbridge in Detroit, one of Michigan’s largest construction firms, spoke with DBusiness Daily News about the company’s success and the future of the industry. On May 18, he will be presented with a Lifetime Achievement Award from Urban Land Institute Michigan at the Westin Book Cadillac Hotel in downtown Detroit.

Autoneum Opens New N.A. Headquarters and Technical Center in Novi

Novi-based acoustical consultant Autoneum today announced the opening of its new North American headquarters in Novi. The new Autoneum facility brings together research and development activities in the North American market with the management of the region’s business group.

Zeel Massage Membership, On Demand Service Launches in Detroit

New York-based in-home massage service Zeel today announced the expansion of its Massage On Demand massage service to Detroit. Customers can download the Zeel application to their smartphones and enjoy (or gift) a massage at their home, hotel, office, or other places throughout metro Detroit in as little as an hour after booking.

Detroit-based Xenith Featured in Google Economic Impact Report

Google today released its 2016 Economic Impact Report, which details the technology giant’s influence on companies in all 50 states, including businesses that use Google’s search and advertising tools. Detroit-based sports gear and technology company Xenith was selected to represent Michigan.

Detroit’s SoccerStub and National Premier Soccer League Offer Custom Ticketing Portal

Detroit-based financial technology startup SoccerStub has announced a partnership with the National Premier Soccer League (NPSL), which makes SoccerStub the league’s official ticketing provider. As part of the collaboration, SoccerStub will provide a custom online portal for all the NPSL teams.

Traverse City’s Black Star Farms Represents Michigan on Capitol Hill

Traverse City-based winery and café Black Star Farms today announced it will represent Michigan at the Heart’s Delight Wine Tasting Auction in Washington, D.C. this evening. It will be the third consecutive year the winery has taken part in the event.

Report: Will Millennials Be Metro Detroit’s Next Homebuyers?

A recent study on millennial homebuyers conducted by Michigan State University’s master of science in marketing research program and United Shore Financial Services in Troy revealed that 96 percent of millennials in metro Detroit would be more inclined to buy a home if they were aware that a down payment on a home could be the equivalent of two months’ rent.

Lear Breaks Ground on Asia Headquarters, Technical Center in Shanghai

The new Asia headquarters will support more than 39,000 employees in 11 Asian countries, including more than 27,000 in China. Lear manufactures products at 67 locations throughout Asia, and has engineering teams at 16 locations throughout the region. In 2016, Lear’s sales in Asia were $5.4 billion, including sales from nine unconsolidated joint ventures in the region.

Nomad Grill at New Premiere Hotel by Best Western in Southfield Opens May 14

The Epicurean Group in Detroit today announced its newest restaurant, Nomad Grill, will open for dinner service on Sunday, May 14 at the newly-renovated Premier Hotel by Best Western along Telegraph Road in Southfield. Following the grand opening, the restaurant will serve lunch, dinner, and happy hour beginning on Monday, May 15.

Ahoy: Star Line Mackinac Island Hydro-Jet Ferry Adds Family-friendly Pirate Ship

In time for the summer travel season, Star Line Mackinac Island Hydro-Jet Ferry, a 39-year-old ferry boat company that services Mackinac Island from St. Ignace and Mackinaw City, has upgraded several of the Arnold Line passenger service assets it acquired in November.

Roush Opens Automotive Engineering Center in Troy

Livonia-based automotive product development supplier Roush has announced the opening of a new technical center in Troy, bringing expanded engineering design and development services to the region.

Detroit Entrepreneur Moses Shepherd Launches ACE Petroleum

A 30-year veteran of the Detroit real estate industry, Moses Shepherd has announced the launch of ACE Petroleum in Detroit. The company will offer fueling solutions and transport services for government agencies and commercial end users, and is a certified Minority Business Enterprise through the Michigan and Minority Supplier Development Councils.

Michigan-made Portable Storage Platform for Kayaks and Canoes Makes its Debut

Grand Rapids-based LACKS Home Products today announced the Shore Tee, a staked support platform for storing and drying kayaks, paddleboards, and canoes. The device is made of lightweight, weather-resistant plastic, and retails for $59.99 per set.

Etkin Begins Construction on Office Center in Downtown Royal Oak

Southfield-based commercial real estate firm Etkin today announced it has started work on a new 73,920-square-foot luxury office development at 150 West 2nd St. in Downtown Royal Oak. The site has attracted three tenants who will occupy more than 85 percent of the building, and Etkin is in the final stages of negotiations with a fourth tenant, which will bring the building to capacity.

Delta and Aeromexico Launch Joint Cooperation Agreement

Following months of logistical operations, Delta Airlines, which operates a hub at Detroit Metropolitan Airport, today announced the beginning of their joint cooperation agreement (JCA) with Aeromexico. The agreement enables both airlines to operate transborder flights between the United States and Mexico, making additional service and more convenient schedules available to travelers in both countries.

DMI Acquires Lochbridge and Enters the Connected Car and IoT Market

DMI, a mobility solutions provider, today announced the acquisition of Detroit-based Lochbridge, an Internet of Things (IoT) solutions provider for the automotive, healthcare, financial services, and manufacturing industries.

Comcast Introduces Xfinity xFi, Personalized Internet Options

Comcast today launched Xfinity xFi, a personalized Wi-Fi experience that provides a digital dashboard for customers to set up their home Wi-Fi network, find their password, connect to devices, troubleshoot issues, set parental controls, and pause access on their home network.

Startups Succeed With Support From Made at Michigan

With the help of entrepreneurial experts at Made at Michigan, three University of Michigan graduate students have created Canopy, an online application that allows users to utilize a step-by-step process to communicate their end-of-life wishes to friends and family. Canopy is one of more than 60 ventures run by university students with support from the institution’s entrepreneurial programs, according to the second annual Made at Michigan report, which was published today.

BLOG: Fighting Back Against Hackers

If one does not understand where they are vulnerable, they cannot effectively protect themselves. In a mixed martial arts fight, well-rounded competitors must be able to protect against strikes to the head, body, and legs. A complete fighter must also defend the takedown from a wrestler, avoid being thrown by a judo specialist, and guard against constant submission attempts by a Jiu Jitsu expert.

Report: PNC Economic Outlook Survey Indicates Confidence Among Michigan Business Owners

According to data from an economic outlook conducted by PNC Bank, small and medium Michigan business owners are more optimistic about the prospects of their own businesses and the United States economy as a whole than they have been in the last five years.

Axalta Opens Americas Technology Center for Coatings Development

Axalta Coating Systems, a global supplier of liquid and powder coatings, yesterday announced the grand opening of its Americas Technology Center (ATC) at its manufacturing and resource complex in Mount Clemens. The ATC will provide product research and development resources to customers in the western hemisphere as one of the company’s four principal global technology centers.

Dembs Development Acquires Former Federal-Mogul Corp. Headquarters

After remaining vacant for more than a year, Dembs Development — a Farmington Hills-based real estate development company that designs, builds, manages, and owns real estate properties throughout southeastern Michigan — today announced the acquisition of the former Federal-Mogul Corp. headquarters, a 360,000-square foot facility in Southfield.

Area45 Fitness Center Offers Technology-Based Exercise in Troy

Area45 Fitness has recently opened their first facility located at 3536 Rochester Rd. in Troy. The first of a projected Midwest franchise, Area45 Fitness combines high intensity interval training (HIIT) similar to the Insanity workouts, with LED lighting and pressure-sensitive floors to allow participants to track their activity level throughout the 45-minute session.

Amcor Rigid Plastics Announces Specialty Container Acquisition in Latin America

Ann Arbor-based Amcor Rigid Plastics today announced the expansion of its specialty container business in Latin America with the acquisition of Columbia’s Plasticos Team S.A.S. from Team Foods Columbia, a national food producer. Plasticos Team is a producer and distributor of preforms, bottles, thin-wall containers, and closures.

Soave Enterprises to Break Ground on Elton Park in Corktown

Detroit-based holding company Soave Enterprises and Detroit Mayor Mike Duggan today announced the groundbreaking on Corktown’s Elton Park, which will begin at 3 p.m. on May 8.

Comcast Business to Host 'Shark Tank' Casting Call in Detroit

Comcast Business today announced a casting call for the ABC show "Shark Tank," providing small business owners and aspiring entrepreneurs in Detroit an opportunity to seek investments in the program’s upcoming ninth season. The casting call will take place on Friday, May 5 at Focus Hope Conference Center, 1400 Oakman Blvd.

Former U-M Health CEO Dr. Ora Hirsch Pescovitz Named 7th Oakland University President

Oakland University today announced the appointment of Dr. Ora Hirsch Pescovitz as the new president of the institution. Pescovitz will be the university’s seventh president when she succeeds current president George Hynd, who will be in office until Aug. 14. The university’s Board of Trustees voted Thursday to hire Dr. Pescovitz, a senior vice president at Eli Lilly and former CEO of the University of Michigan Health System.

Auto Suppliers Faurecia and ZF Enter Strategic Partnership

Global automotive suppliers ZF and Faurecia today announced a strategic partnership for the development of disruptive and differentiating interior and safety technologies for autonomous driving. The advanced engineering partnership allows ZF, which operates its North American headquarters in Northville Township, and Faurecia, which has its North American headquarters in Auburn Hills, to identify and develop safety and interior solutions linked to different potential occupant positions. 

IHS Markit Projects Automotive Display Systems Market Will Grow to $21B in 2022

IHS Markit, a London-based technology analysis company with an office in Southfield today projected the primary automotive display systems market will reach $11.6 billion in tier one supply revenue globally in 2017, and grow to $21 billion by 2022. The market is expected to increase drastically over the next few years, according to an Automotive Display Systems Forecast by IHS Markit.

Ford Begins Construction on Wagner Place in West Dearborn

Dearborn’s Ford Motor Co. is continuing their campus transformation, breaking ground yesterday on Wagner Place, a $60 million urban development including office and retail space in west Dearborn. Scheduled for completion next year, the 150,000-square-foot site will provide Ford employees and residents with new retail and restaurant options, as well as generous amounts of green space, outdoor seating, and greater walkability.

NSF International Launches Raised Without Antibiotics Certification

Ann Arbor-based global public health organization NSF International has developed an independent certification pool protocol to certify animal products have been raised without exposure to antibiotics. The new Raised Without Antibiotics certification will help consumers identify products that do not contribute to the growth of antibiotic-resistant bacteria.

AS Roma and Paris Saint-Germaine Football Club to Play at Comerica Park July 19

Relevent Sports, a division of RSE Ventures, today announced that Italian team AS Roma and French Ligue 1 champions Paris Saint-Germaine F.C. will face off in the first ever professional soccer match at Comerica Park in Detroit.

GM’s Creates Maven Gig to Support Freelance Economy

Detroit automaker General Motors Co. today announced the launch of Maven Gig, a partnership with GrubHub, Uber, Lyft, Instacart, and Roadie that offers a Chevrolet Bolt EV for $229 per week to those looking to supplement their income with independent driving work.

WeWork to Partner With Quicken Loans on Creator Awards in Detroit, Provide $1.5M

The Creator Awards, a global initiative from WeWork, will award more than $20 million to entrepreneurs, small businesses, growing companies, non-profits, and artists. WeWork, which offers shared workspace and services for a range of clients, has locations at Merchant’s Row (1449 Woodward) and Campus Martius (1001 Woodward) in downtown Detroit.

Report: Business Leaders Confident in Industry Climate

According to a survey including Michigan small business owners conducted by Citizens Bank, many expressed confidence in the economy as a whole and their individual businesses, enabling companies to make technology, marketing, and operations investments that will fuel organic growth.
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